1500 Chris Kelley Blvd Hutto, TX 78634
This exceptional 93.4-acre commercial land parcel presents a unique investment opportunity in Hutto, Texas. Strategically located directly off Toll 130 and Chris Kelley Boulevard, this property boasts significant frontage, maximizing visibility and accessibility. The existing Municipal Utility District (MUD) features a well-maintained sewer treatment plant operational since 2010, facilitating attractive density potential for development. Future improvements to Tollway 130, including the addition of frontage roads, will further enhance ingress/egress. The property's topography allows for efficient land reclamation of the floodplain using on-site materials. Convenient access to Manville Water Corp's main waterline, currently servicing the Star Ranch Subdivision, ensures ample water supply. Unlike many similar properties, this tract is free of livestock tanks, simplifying development. Currently 100% cultivated (excluding a 1-acre farmhouse), the land benefits from an agricultural exemption. An adjacent 11.5-acre parcel is also available for purchase, offering expansion possibilities. This prime location and advantageous features make this a highly desirable development site. The asking price for this significant land holding is $35,000,000. Located in Williamson County, Texas, with a 78634 zip code.
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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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.