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$4,150,000
9291969 MLS 78644 Zip Code
This is one of the finest acreages I have seen in 30 years. The 48.92 acres for sale is adjacent to other acreage owned by the trust that fronts on Clear Fork rd all the way south where it crosses Clearfork Plum Creek and intersects with SH 130 service road. The 48.92 acres has all utilites including a 12 inch water lines and 12 inch waste water lines in the 1395 ft of clearfork street frontage. The portfolio has trees and elevation on the property in various spots and past Clearfork Plum Creek to the south. The portfolio fronts across street from State Park and Golf Course on State Park Rd. A expansion of 9 holes on this site with high end houseing would do very well here. The remainer of the tracts and 48.92 acre tract all front on Clearfork street ( old fentress rd) and very visible and acessble to all acreage. SH 130 frontage would make an outstanding future retail site for Target, HEB super center or many others. Only 25 minutes on SH130 to Austin airport and Tesla's new plant site.The broker has extended his listing on the property for two of the three heirs. The third heir may pick another broker to represent her interest in the 48.647 acres and her 1/3 interest in the Armstrong Family Estates remaining acreage. That may be through her attorney. The price has increased due to multiple offers. We are looking for a future offer that has the shortest option/due diligence period and the shortest close date. The city has been working on this tract for many months and we see no negatives to development and approval.

1730 Clear Fork Street, Lockhart

Listing courtesy of Austin Premium Property.

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