Hill Road
Salado, TX 76571
61.67 acres | #1343192
Description
Prime 60 Acre Development Opportunity in Salado Discover a remarkable investment and development opportunity with 60 acres of premium land off Hill Rd in Salado. Located only minutes from I-35, this expansive property offers quick access to major cities including Austin, Georgetown, and Temple—ideal for development. Key Features: Strategic Location: Directly off I 35, placing you at the gateway to the booming Austin and Georgetown markets. Perfectly positioned for retail, commercial, multifamily, or residential community projects. Natural Asset: The property includes a picturesque stock tank, adding natural beauty and potential for recreational use or water retention in development planning. Growth Potential: Salado is rapidly evolving, with new infrastructure, commercial corridors, and residential expansions nearby. This property sits at the heart of the action, poised for high returns on development. Investment Flexibility: Whether you’re looking at a mixed-use commercial complex, single-family or multifamily developments, or a retail center, this versatile land can accommodate your vision. 1031 Exchange Opportunity: Capitalize on a 1031 Exchange before year-end to maximize your investment potential and defer capital gains taxes. With the upcoming tax changes and market dynamics, this is a prime chance to secure a valuable asset. Proximity Highlights: Austin: 45 min south Georgetown: 20 min south Temple: 20 min north Salado Village: Minutes away, offering quaint local charm, shops, and dining Salado is experiencing unprecedented growth, driven by increasing demand for residential and commercial space along the I-35 corridor. As Austin and Georgetown continue their rapid expansion, properties like this, with direct access and development potential, are becoming rare. Secure your place in this high-growth region while you still can! Contact us today to schedule a viewing or for more details on how this property can fit your needs.
Property Details
- Utility FeaturesElectricity Available, Water Available
- Sewer InformationSeptic Needed
- Elementary SchoolThomas Arnold
- ViewPond, Pasture
- Lot DescriptionAgricultural
- School DistrictSalado ISD
- Original List Price$1,850,100
- Property TypePurchase
- Taxes Annual$21,193
- MLS #1343192
- Cost1850100
- MLS #1343192
- Middle SchoolSalado
- High SchoolSalado
- Acres61.67
- Property SubtypeRanch
- Utility SourceWell
- Subdivisionnone
- CountyBell
- Days on Market (Cumulative)49
- Pool1
Location
Legal
Based on information submitted to the MLS GRID as of 2024-12-09 21:36:09 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Based on information from the Austin Board of REALTORS®. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided "AS IS" and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
Last Updated: . Source: ACTRIS
Listing Courtesy
Listing Agent: Ryan Hodge (#470284), Phone: (254) 947-5577
Listing Office: First Texas Brokerage Company (#4313)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.