TBD CORAZON DRIVE, MARBLE FALLS, TX 78654
Homes for sale in Marble Falls.
Homes for sale in 78654.
TBD Corazon Drive
Marble Falls, TX 78654
List Price$2,980,000
Listing #4506512
Lots / Land
Type
About This Property
Gold Tier Real Estate presents a shovel-ready, fully entitled build-to-rent (BTR) development opportunity in the heart of Marble Falls, TX. Spanning 16 acres and zoned for 176 units, this site offers a rare chance to develop in one of Central Texas' most dynamic submarkets, adjacent to the thriving Panther Hollow corridor. The adjacent 18 acre multi-family (MF) site is also available, allowing for a total of 500 units of any residential type between the two sites. Offered at $2,980,000 ($16,932/door) plus pro rata site infrastructure costs, the property includes vested LUEs, a recorded plat, and a development agreement with the City of Marble Falls. Public improvements are underway, with roads, detention, and utilities scheduled for delivery by the seller. The buyer will participate in cost sharing for these improvements. Strategically positioned off US Highway 281 and adjacent to major growth nodes like Flatrock Crossing, Roper Ranch, and Thunder Rock, Roper West is surrounded by planned or under-construction housing units and significant commercial expansion, including the upcoming Shops at Flatrock Crossing retail destination (Academy, TJ Maxx, Michaels, Boot Barn, Bath & Body Works). **Broker does not warrant the accuracy of any information. Buyers are responsible for independent analysis and research on the property.**
Property Features
Location Information
County
Burnet
Subdivision
Roper West
County
Burnet
Directions
From the intersection of Highway 71 and Highway 281, head north. The property will be on the west side of Highway 281. Current access road is Panther Hollow Drive.
Area
BU
Exterior Features
Is New Construction
No
Zoning
PDD Approved for High Den
Water / Sewer
See Remarks
Waterfront Description
See Remarks
Water
See Remarks
Has Waterfront
No
Is a Horse Property
Yes
Has View
Yes
Lot Size in Acres
16
View
City, Lake, River
School
Elementary School District
Marble Falls ISD
Middle School
Marble Falls
Elementary School
Spicewood (Marble Falls ISD)
High School
Marble Falls
Additional Information
Other Utilities
See Remarks
APN
126050
Property Type
LL
Status
Active
Property SubType
Unimproved Land
Documents Available
See Remarks
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Mortgage Calculator
$13,916
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$10,738
Monthly Tax
$2,483
Monthly Insurance
$695
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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