| Description: |
79+ acres with an approved Preliminary Plat and a pending Final
Plat (March '07) authorizing the construction of 318 single-family lots and 2
commercial tracts. Located less than 1 mile east of SH 130, the property has over
1,300 feet of frontage on SH 71 which offers a high profile market window for
an entry-level residential homebuilder. Each rooftop added in the subdivision
serves to drive up the value of the commercial front door tracts. A fully-engineered
set of construction and engineering documents will convey with the property. |
| Site Particulars: |
79.66 acres Preliminary Platted into:
A. 318 single family lots (43.25 acres); Lots average 45' wide
B. 2 commercial lots (10.99 acres);
C. 4 lots for detention/water quality (9.01 acres);
D. 13.45 acres for street right of way dedication; and
E. 1 lot - Critical Environmental Feature protection (2.96 acres) |
| Zoning: |
City of Austin ETJ; No Zoning |
| Legal Lot
Status: |
Pending. Owner has an approved Preliminary Plat and a pending Final Plat
ready to record, pending posting of fiscal surety instruments with the City of
Austin and Travis County. |
| Edwards Aquifer
Recharge Zone: |
No, inside the Desired Development Zone |
| Flood Plain: |
None, per Map Panel 48453C0100 E, dated 6/16/93. |
| Water &
Sewer: |
City of Austin—will require off-site line extensions |
| Traffic Counts: |
34,00 vehicles per day—TXDOT 2004 Traffic Maps |
| Curb Cuts
Approved: |
At the proposed intersection of Coopers Meadow Drive and SH 71. Developer
will be required to build deceleration/acceleration lanes parallel to SH 71 as
a condition of the driveway permit. |
| Ag Assessed
Valuation: |
The property enjoys the benefit of an 'Ag Exemption' for tax purposes.
A conversion of the property to a use other than agricultural use may trigger
a roll-back in tax assessments. |
| On-site Billboard: |
Owned by Reagan National Advertising (See Broker
for details) |
| Comments: |
This property is being offered for sale in its “AS IS, WHERE IS”
condition. |
