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520 and 550 CR 281 Single-Family Estate Lots

47 Acres with 192 Single-Family Lots Proposed

Listing Contacts

Active

Asking Price: $4,995,000
Earnest Money  Deposit: 1% min.
Address 

520 Co Rd 281, Leander, TX 78641

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Date Added
Sep 24, 2024
Days on Market
267 days
Time Since Last Update
7 days

Details

Property TypeLand
SubtypeResidential
ZoningNone: Withdrawn from Liberty Hill ETJ
Lot Size (acres)47
Broker Co-OpYes
Ownership100%
IntelligenceINTELLIGENCE
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Marketing Description

The property is a total of 47 acres proposed for dense single-family development of approximately 192 lots.​ Just 0.5 miles from the intersection of Bagdad Road and 281 and only minutes from downtown Leander and the surrounding schools for Liberty Hill ISD.​ There is great potential with the mostly level topography and open space amidst heavy trees with large beautiful oaks throughout.​ Seller is in the process of confirming viability for utility capacity with Leander and an annexation into the City along with a development agreement will be required for the denser lot count.​

Investment Highlights

  • 5 minutes to downtown Leander and within close proximity to Liberty Hill ISD schools

  • Seller can delivery finished lots depending on the builder and terms

  • County allows lots of 2 acres and larger for septic and wells (20 lots) by right

  • Lift Station proposed 900 feet to the east along 281 in Leander 10-year infrastructure plan

  • On-site discharge point to allow for wastewater treatment plant in order to maximize density

  • Seller to confirm project viability by end of Q3 2025 and if annexation to Leander will be possible

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Due Diligence

Due diligence information will be provided.
Please reach out to the listing contacts for details.

Contact

Listing Contacts


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