2313 Lake Dr Taylor, TX 76574
- Residential income homes
- 1.00 lot acres
Current Use by Public Records
- Residential income homes
Property Details for 2313 Lake Dr
- Lot size
- 1.00 lot acres
- Property type
- Residential income homes
Description
This exceptional 1-acre property at 2313 W Lake Dr, Taylor, TX 76574, presents a lucrative multifamily investment opportunity. Located in booming Williamson County, this land boasts an existing single-family home, ideal for immediate rental income generation while developing the remaining lot. The property is zoned P-3 under Taylor's comprehensive plan, permitting the construction of up to six additional dwelling units. Permitted unit types include single-family homes, cottage courts, townhomes, and duplexes, offering flexibility for diverse development strategies. The existing structure provides a solid foundation for rental income, allowing for phased development and maximizing return on investment. Sewer and water services are readily available, simplifying the development process. This prime location on historic Lake Drive offers significant potential for capital appreciation in a rapidly growing Texas market. The one-acre lot size provides ample space for a substantial multifamily project, catering to the increasing demand for housing in the area. This is a rare chance to acquire a property with immediate income potential and significant long-term growth prospects. The asking price is $399,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Taylor
- County
- Williamson
- State
- Texas
- Longitude
- -97.436152952954
- Latitude
- 30.575411817587
