This is a tract that is right on the edge of the all of the growth of the City of Austin very close to Toll 130 and Hwy. 71. It is also very close to ABIA and the new F1 racetrack area too. It is a transitional piece of land that sits on the outside of the city limits of Austin that some investor would want to sit on and then develop it in 5-10 years. There is a 12 inch Aqua WSC line on FM 535(Pearce Lane)right in front of the tract and the property has approx. 7,000 feet of total paved CR frontage between the two paved roads(FM and CR).It is in Ag. Valuation which would be perfect for an investor who wants to hold it now and develop it later. The property has some incredible views off of the hilltops and also has a nice gentle roll to it which gives some incredible views off of the top of the property. There is power to the property with Bluebonnet Electric and there is no WW yet only septic. Propane is available in the area. There are some subdivisions and lots of housing development in the area with houses ranging in a price range of $80,000 to $120,000. All the mineral convey that the seller has which we think is 100 percent. It has an Austin Energy power line running down the very north end of it. It has a seasonal creek on it with some very large oaks around it and it has a lot of mesquite on it. There is no flood plain and the gas service to the ranch is just propane. It has a cell tower that the sellers would negotiate on in selling the property that would provide some potential income to the new owner. The sellers are not selling this with it upfront but it is a negotiating tool for them. It is a perfect rectangle shape for development. There are hardly any improvements of value on it with an old ranch house and a mobile home and some sheds/barns. There is a caretaker that lives on the ranch that would love to stay but will go at new buyer's discretion. The seller is selling for estate reasons and they al live out of state currently. The perimeter fences are all in good shape. There is a brand new survey completed 7/29/2014 paid for by the seller already.
Property Map / Directions
Take Toll 130 to the Pearce Lane Exit. Go Pearce Lane(FM 535)east approx. 5 miles to Wolf Lane and property will be in the northeast corner of Wolf Lane and Pearce Lane on the left. You will see the property immediately to your left after you cross the Bastrop County line.