520 Co Rd, Leander, TX 78641
This exceptional 47-acre property presents a unique investment opportunity in the rapidly expanding Liberty Hill area of Williamson County, Texas. Located just 0.5 miles west of Bagdad Road and Highway 281, this land is ideally situated for development as 20 single-family estate lots. The property is zoned within the Liberty Hill extraterritorial jurisdiction (ETJ). A county-permitted site plan is included in the sale, encompassing the installation of an entryway, roads, and electrical extensions to each lot. This comprehensive plan streamlines the development process, saving time and resources. Buyers will be responsible for their own on-site sewage facilities (OSSF) and wells for water. The property's proximity to Liberty Hill, a booming suburb of Austin, makes it exceptionally attractive. With Liberty Hill's student population projected to double by 2033, this land offers significant long-term growth potential. The asking price for this remarkable 47-acre tract is $4,995,000. The address is 520 Co Rd 281, Leander, TX 78641. This is a 100% ownership opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
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