281 & Fm 32 Blanco, TX 78606
This exceptional 363-acre residential land tract presents a significant development opportunity in Blanco, Texas. Strategically located at the northeast quadrant of US Highway 281 and FM 32, this property boasts extensive road frontage, totaling approximately 2,300 feet along US Hwy 281 and FM 32, and an additional 3,000 feet along Lindeman Lane, providing excellent access from four sides. The asking price is $16,355,250, or $45,000 per acre. Significant progress has already been made on crucial infrastructure, including substantial advancements in sewer and water availability. The property's size and location make it suitable for a variety of residential development projects. The 5,300 square foot area offers ample space for planning and construction. This prime location in Blanco County, Texas, zip code 78606, offers a unique blend of accessibility and natural beauty, making it an attractive investment for discerning developers. The property's existing improvements further enhance its value and potential for immediate development. This is a rare opportunity to acquire a large, well-situated tract of land with significant infrastructure development already underway. Contact us today to learn more about this exceptional property.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.