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33755027
33755025

1701 W FM 487, JARRELL, TX 76537-1664

Land Sale TX
Listed by Land Sale TX
$6,999,990
5 days on market
Updated 5 days ago

118 Acres in the Heart of Jarrell

Details
APN R667261
Property Type Retail, Mixed Use (+1)
Sub Type Agricultural, Residential (+1)
Units 1
Acreage 118.200

118 Acres | Buy & Hold Investment or Development Opportunity | Jarrell, Texas

Marketing description

Exceptional Buy & Hold or development opportunity consisting of approximately 118.2 acres located on FM 487 directly across from Jarrell High School and just minutes from I-35. Positioned within one of the fastest-growing communities in Central TX, the property offers excellent access, visibility, and utility infrastructure for residential and mixed-use development.

A recently executed Utility Service Agreement with the City of Jarrell secures the first 400 Living Unit Equivalents (LUEs) at a total cost of only $4,000 per LUE ($2,000 water / $2,000 wastewater), representing an estimated savings of approximately $4 million compared to current impact fee rates.

The future extension of CR 305 through the property will create significant transportation connectivity and multiple hard-corner commercial opportunities. Williamson County has designated CR 305 as a Major Arterial and the roadway is anticipated to ultimately expand to six lanes, including a future bridge crossing over I-35.

Highlights:

• Approx. 118 acres available for development - Ag Exempt, No Restrictions

• Directly across from Jarrell HS, Minutes from I-35

• Assemblage potential approaching 600 acres with neighboring properties

• Utility Service Agreement providing approximately $4 million in impact fee savings

• Future CR 305 Major Arterial corridor

• Three future hard corners with excellent commercial potential

• Future bridge connection over I-35 enhancing regional access

• 12" water line located approx 1,800 feet east of the property

• Adjacent wastewater lift station & planned 18" gravity main

• Walmart recently announced for Jarrell, adding to continued area growth

•1,634 sq ft dated, but livable home on the property

-Partially in the ETJ.

-Buyer to confirm all info.

Additional Opportunity: The companion 19.8 acre commercial tract located north of FM 487 is also available for purchase, offering frontage along FM 487 and proximity to a major data center development.

Listing Contacts

Land Sale TX
Listed by Land Sale TX

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