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Property Listing: Status: Active (Listed on: 10/31/2023)

State Highway 29 Development Acreage

Listing ID:
22338
Price:
$8,150,000
326.00 Acres +/-
 
Owner Financing Available
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General Location:
Burnet County
Address:
5608 St Hwy 29
City, State Zip:
Bertram, TX 78605
County:
Burnet County
MLS #:
8657990
Listing ID:
22338
Square Feet:
1291
Bedrooms:
1
Bathrooms:
0
Half Bath:
0
Description:
Great investment or development opportunity! This property could be developed with many potential uses including commercial, industrial, high or low-density housing, RV Park, storage facility, or mixed-use. It is located about halfway between the cities of Bertram and Burnet on the north side of State Highway 29. The property includes over 2800 feet of frontage on State Highway 29 and over 1900 feet of frontage on paved County Road 252. The property has direct access to Highway 29 via a railroad crossing as well as direct access to County Road 252 on the north side.

Located in Eastern Burnet County just 9 miles west of the Williamson County line, 15 miles west of Liberty Hill and roughly 30 miles west of Georgetown, and only 49 miles to downtown Austin, TX.

The State Highway 29 corridor is poised to continue to grow and develop over the next few decades.

There are two houses and a barn built in 1960 as per BCAD. One of the houses is leased to tenants that live there. The other house is leased to a storage tenant. The houses are 1291 sqft and 960 sqft according to BCAD. There are two water wells on the property. One of them is inactive and the other supplies water for the houses.

The terrain is gently rolling with two drainages that cross west to east with very minimal floodplain.

The soil is shallow, well-drained, and moderately permeable with 1 5% slopes.

Native trees, vegetation, and wildlife thrive on the property including oak trees, mesquites, cedars, native grasses, and native wildlife. There is significant potential recreational value to a buy-and-hold investor.

All owned minerals convey.

The seller will consider owner financing with a minimum of 20% down payment.
Map:
30.753, -98.1568(Click the marker to open in Google Maps.)
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