$1,850,000

5300 Lohmans Ford Road, Lago Vista, TX

10.75

Acres

10.7 +/- acres with two homes and 356’ of Lohman Ford road frontage right across the street from Lago Vista High School. The main home is approx. 2200 sqft: 3 bed, 2 bath with office and built in storm shelter! The second home is approx. 800 sqft: 1 bed, 1 bath with office and laundry. Green house, 18’x30’ shed, 12’x20’ deck, RV and Boat Parking! Property is not in the City limits, so no restrictions or zoning. Low tax rate. Great commercial potential and prime road frontage for development. This property was purchased to create an assisted living/graduated nursing home.Many plans have already been developed for a program such as this. In Texas, small licensed assisted living homes may have up to 16 beds, so these plans reflect that. The guest house was going to be used as the office/family meeting room.....or as a home for the house manager. Lago Vista is a great place for business! Businesses opening soon: 2 restaurants, 1 gym, additional shopping center. Businesses need here: Multi family opportunities, Full time childcare, Places for families and children to gather: bowling, movie theater, gaming. A+ rated schools: Lago Vista Independent School Districts, Extremely Low Crime Rate, 150 residential permits in Q1 of 2021, 4 commercial permits in Q1 of 2021.

Facts & Features

ListingFeed abor_vow
MLS® # 7304193
List Price $1,850,000
Sale Price $1,450,000
Sale Date March 7th, 2023
Bathrooms 0.00
Acres 10.75
Year Built 2002
Type Commercial Sale
Sub-Type Mixed Use
Status Closed

Community Information

Address 5300 Lohmans Ford Road
Subdivision See Agent
City Lago Vista
County Travis
State TX
Zip Code 78645

Amenities

Utilities Cable Available, Electricity Connected, High Speed Internet Available, Phone Available, Natural Gas Not Available
Parking Attached, Driveway, Garage, Detached Carport, Paved
View Trees/Woods
Is Waterfront No
Has Pool No

Interior

Interior Tile
Heating Central, Propane
Cooling Central Air, Ceiling Fan(s)
Fireplace No

Exterior

Construction Masonry, Stucco
Foundation Slab

Additional Information

Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Map

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