140 Little Pool Rd 2.64 Acres of Residential Land Offered at $1,750,000 in Buda, TX 78610

2.64 acres located a short distance from FM 1626, via Cole Springs Rd. Major residential and commercial development is currently underway along Cole Springs Rd, Old Black Colony Rd, and FM 1626. Development will extend public utilities to within close proximity of the property. This income-generating investment opportunity provides a net operating income of greater than $140,000 per year. All six residential rental structures are owned by the Seller and all are occupied. A sale leaseback of approximately six months will be required for two of the six residents. The remaining four residents intend to continue leasing, providing an uninterrupted income stream.