71 & Pedernales Smt Pkwy Spicewood, TX 78669
- Land
- 0.99 lot acres
Current Use by Public Records
- Land
Property Details for 71 & Pedernales Smt Pkwy
- Lot size
- 0.99 lot acres
- Property type
- Land
Description
This exceptional 0.99-acre commercial lot is situated at the southwest corner of the entrance to the prestigious Sweetwater master-planned community in Spicewood, Texas. Located at the intersection of State Highway 71 and Pedernales Summit Parkway, this property benefits from high visibility and convenient access. Sweetwater boasts approximately 1,550 single-family homes, with prices ranging from $800,000 to over $2 million, ensuring a substantial and affluent customer base. The site is ready for development, with existing water, wastewater, and electric utilities already in place. Off-site stormwater detention maximizes usable land area. Importantly, this property is outside city limits, eliminating the need for city zoning and permitting processes. Development is subject to Travis County and LCRA site plan review and approval, governed by the Sweetwater Master Plan. While specific uses are subject to plan approval, most non-obnoxious office and retail uses are anticipated to be permissible, making this a highly versatile opportunity for commercial development in a thriving community. The Burnet County location and 78669 zip code offer a desirable address within a rapidly growing area of Texas. This is a rare opportunity to acquire a well-located, utility-ready commercial lot in a high-demand area.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Spicewood
- County
- Burnet
- State
- Texas
- Longitude
- -98.0376
- Latitude
- 30.3398
