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Property profile & analytics
OFF-MARKET
Land

323 Co Rd Spicewood, TX 78642

Property ID
Property summary
AI-generated overview

This exceptional 245-acre tract in Burnet County, Texas, presents a unique residential development opportunity near Liberty Hill. Currently targeted for single-family homes on one-acre lots, this property offers significant potential for builders and developers. Located just 10 minutes from SH 29, it enjoys convenient access via Co Rd 323, Old Liberty Hill Road, or 1869 from SH 29. The land is situated adjacent to the established River Ranch Master Planned Community and benefits from a planned county road improving access to SH 29. Future development will include a shared private community park featuring a six-acre stock pond (catch and release), an HOA to maintain development standards and the community park, and a planned walking trail. The area boasts a truly dark sky, adding to its appeal. Nearby amenities include a planned 100-acre high-end RV park and glamping park, and a planned 50-acre private airport and hangar complex. Water is available, but individual lots will require septic systems

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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