Overview
- Property ID
- 1644474
- 2 ac
Description
Here is an ideal opportunity to acquire 1.6 acres of commercial land situated in the Opportunity Zone near Mustang Ridge, Texas. You can defer taxes by investing gains from any sale within the past 180 days in this Qualified Opportunity Zone, with or without a 1031 Exchange. The benefits are considerable. For more information on becoming a Qualified Opportunity Fund to purchase in a Qualified Opportunity Zone, please request further details. The property is centrally located amidst numerous industrial, commercial, and residential developments in progress, making it perfect for various commercial uses. It’s positioned on the northbound segment of US Highway 183 S, just north of SH 21 (Pilot Station) and south of SH 45, and is minutes away from the Circuit of the Americas, Tesla Gigafactory, Austin Bergstrom International Airport, and the cities of Austin, Del Valle, Bastrop, Buda, and San Marcos. The right of way is already established with TXDOT, significantly reducing development time. Water is available from Creedmore-Maha Water Supply Company, and electricity is provided by Pedernales Electric Cooperative. Detailed information on development costs is available upon request. Septic systems will be required for sewer needs. This location offers excellent potential for investors and developers to build commercial zoning right off the access road of Highway 183. Additionally, the adjacent lot with Listing No. 3096015 is also for sale.
- Principal and Interest
- Property Tax
- HOA fee