50 Ac Off I-35 & I-14 30 MIN N of Austin

Highlights:

• 50 AC Land for Development
• Income Property on 3 AC
• Hotel Convention Possiblity
• Buy and Hold

Description:

50 AC 30 Min North of Round Rock, 40 from Austin
• No Flood Zone
• 586’ Street Frontage
• Located in Texas, an Income Tax-free State
• All Utilities
• Electric on site
• 14” waterline runs along the north side of Loop 121. A bore under Loop 121 delivers a 12” line to the south side of the Loop, which may be able to serve the property. An 8” waterline may be required to extend from the northern side of the property to be southern end, per the City’s Water Master Plan.
• 8’ gravity sewer line at the northern property boundary. Given the topography of the property, a private lift station or grinder pump may have to be constructed to pump sewer up to the existing line. If the property is desired to be served by gravity, a trunk line may be able to be extended from south of Shanklin Road, if Phase II of the South Belton Sewer System is constructed.
o High usage (900+ Unit MF) would connecting to Phase II if complete, or be completed by developer.
Situated 35 Min North of Austin Heavily Trafficked Interstate Junction
• 0.2 M West of I-35, 73,155 Vehicles Per Day
• 1 M South of I-14, 59,000 Vehicles Per Day
• Loop 121, 7,377 Vehicles Per Day
City Future Plan
• Opportunities are mixed uses, hotels, restaurants, new car dealerships, multi‐story office, and other similar commercial use.
• Hotel Convention Center would be well received by City
Large Population With Massive Growth
• 491,093 MSA Population
• 416,000 Population within 25 Minutes
• 15.9% Increase From 2010 in Texas
o Expected to Grow by 6.4% by 2027
• 68,258 People Work Within Three Miles
• Average Household Income Exceeding $104,486 within 5 Miles
Adjacent
• East - Convention Center—Cadence Convention Center
• West - Future School Build, Belton ISD
Abundance of Major Employers in Close Proximity
• Meta Data, Greenspace Data, Amazon Distribution, Wilsonart, PFG Distribution, McLane Distribution, RJ Reynolds, Walmart Warehouse, Niagara Bottling, ER Carpenter, University of Mary Hardin Baylor and more.