$1,400,000

4119 W Fm 2147, Cottonwood Shores, TX

0.93

Acres

Fantastic opportunity to own a fully leased retail center located with 200’ of frontage directly on FM 2147 between Marble Falls and Horseshoe Bay. The land is level and sits within the Cottonwood Shores city limits boundary. The City of Cottonwood provides both city water and sewer. Pedernales Electric Cooperative is the provider of electricity to the center. Cottonwood Shores is a small affordable city in the beautiful Central Texas Hill Country, which is friendly, progressive, livable, and growing at a very rapid pace because of the centralized setting. Located at the geographic “heart” of the Highland Lakes chain, consisting of Lake Buchanan, Inks Lake, Lake LBJ, Lake Marble Falls, Lake Travis, and Austin’s Town Lake, provides some of the best fishing, boating, skiing, wake boarding, and recreation in Texas. Cottonwood Shores is conveniently located on the RM-2147 highway transportation corridor between Marble Falls and Horseshoe Bay, running parallel to the Colorado River (Lake Marble Falls) and connects two major highways, US-281 and SH-71. The Texas Department of Transportation (TxDOT) and Burnet County has initiated planning for construction of a possible new bridge to cross the Colorado River, just below Wirtz Dam; in affect creating a western outer loop for Marble Falls by initially connecting RM-1431 with RM-2147, then eventually connecting further south with SH-71. The terminus of the roadway, and across Wirtz Dam Road Bridge, will be RM-2147 on the west side of Cottonwood Shores. Recent growth in new residential home construction is driving a resurgence of commercial and retail growth, especially new and expanding restaurants. Baylor Scott White’s Health Care System recently opened a new Regional Clinic and Hospital on SH-71, a very short distance from Cottonwood Shores. It also has easy access to both Austin and San Antonio and their extensive health systems, retail, and high-tech centers.

Facts & Features

ListingFeed abor_vow
MLS® # 2684876
List Price $1,400,000
Sale Price $1,350,000
Sale Date July 3rd, 2023
Bathrooms 0.00
Acres 0.93
Year Built 1982
Type Commercial Sale
Sub-Type Retail
Status Closed

Community Information

Address 4119 W Fm 2147
Subdivision Scarlet Oaks
City Cottonwood Shores
County Burnet
State TX
Zip Code 78657

Amenities

Utilities Electricity Available, Natural Gas Available, Sewer Available, Water Available
Features Sidewalks
Parking Common, Unassigned
View None
Is Waterfront No
Has Pool No

Interior

Interior Tile, Vinyl, Concrete, Linoleum
Heating Central
Cooling Central Air
Fireplace No

Exterior

Construction Masonry, Stone Veneer
Foundation Slab

Additional Information

Zoning § 2.24. Light Commercial
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?