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338 ac tract with site concepts yielding 1,150 residential units

Market Price

488 Mesa Dr, Del Valle, TX 78617

Active
Last Updated: 03/18/2024

2,905 sqft

Building Size

14,723,242 acres

Lot Area

Details:
Building Size:    2,905 sqft
Lot Area:    14,723,242 acres
Year Built:    1983
Floors:    1
Highlights:
  • Strategic Location: Close proximity to SH 130/45, Hwy 71, COTA, ABIA, and other high-growth areas of Bastrop, Kyle/Buda, Manor, and East Austin
  • Flexible Development Possibilities: SFR, BTR, MF, Mixed-use, Retail, Flex
  • Growth: proximity to urban center and several surrounding cities make this an attractive option
  • Leases: Ag, Radio, and Residential in place
  • QOZ- Qualified Opportunity Zone for the right investor
  • Topo: mostly flat
  • Low Taxes, Ag exempt and located in a QOZ which can offer additional tax benefits for the right investor.
  • Bastrop County is known for being developer-friendly
  • Kimley Horn already engaged in the preliminary engineering and has a budget available for remaining studies
Description:

Mesa Ridge Ranch is an exceptional opportunity for developers and national home builders. This expansive 338-acre property nestled in a prime location boasts the perfect blend of natural beauty, strategic positioning, and potential for a wide range of development opportunities. The property features picturesque natural surroundings, and ample green spaces/amenity areas, and satisfies a strong demand for a rural feel with close proximity to city amenities and employers.

This property offers significant investment potential for residential and/or commercial mixed-use development. The combination of its strategic location, flexible use, and ample acreage creates a unique opportunity for those with the vision to shape this land into a thriving community.


A399 Green, M., Acres 337.727

Bluebonnet

A399 Green, M., Acres 337.727

Gas Pipeline, Electrical, and Radio Tower

Map:
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