$1,400,000

687 Hwy 71, Smithville, TX

43.33

Acres

43.33 acres of prime development property fronting Hwy 71, 35 minutes from ABIA and Toll 130, 5 minutes from charming Smithville with shops and restaurants. The preliminary plat includes 36 large residential lots and 2 commercial lots. Sellers completed all studies to verify the property can be developed including TxDOT approved traffic impact analysis, environmental and Aqua Water studies. Engineer can answer specific questions. The property is ready for surveying and plat approval process through Bastrop County. The acreage is on a creek with large pecan trees. The owners are looking for a high-quality developer to convert their family farm into homes that will honor their family legacy. The sale of the property will result in a 1031 exchange

Facts & Features

ListingFeed abor_vow
MLS® # 2995228
List Price $1,400,000
Sale Price $1,358,000
Sale Date May 12th, 2022
Bathrooms 0.00
Acres 43.33
Year Built 1935
Type Commercial Sale
Sub-Type Other
Status Closed

Community Information

Address 687 Hwy 71
Subdivision na
City Smithville
County Bastrop
State TX
Zip Code 78957

Amenities

Utilities See Remarks
Parking Off Street
Is Waterfront No
Has Pool No

Interior

Fireplace No

Exterior

Construction Frame

Additional Information

Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Map

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