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- LoopNet Team
488 Mesa Dr
Del Valle, TX 78617
Mesa Ridge Ranch · Land For Sale
·
338.00 AC
INVESTMENT HIGHLIGHTS
- A Serene Suburban retreat with easy Urban Access and Downtown views
- Flexible Development Possibilities: SFR, BTR, MF, Mixed-use, Retail, Flex
- QOZ- Qualified Opportunity Zone for the right investor
- Strategic Location: Close proximity to SH 130/45, Hwy 71, COTA, ABIA, and other high-growth areas of Bastrop, Kyle/Buda, Manor, and East Austin
- Bastrop county is known for being developer friendly with timely approvals (vs other jurisdictions)
- Kimley Horn is already engaged in the preliminary engineering and has a budget available for the remaining studies
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 338.00 AC |
| Property Subtype | Commercial | No. Stories | 1 |
| Proposed Use | Single Family Development |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Single Family Development |
| Total Lot Size | 338.00 AC |
| No. Stories | 1 |
DESCRIPTION
Mesa Ridge Ranch is an exceptional opportunity for developers and national home builders. This expansive 338-acre property nestled in a prime location boasts the perfect blend of natural beauty, strategic positioning, and potential for a wide range of residential or other development options. The property features picturesque natural surroundings, ample green spaces/amenity areas, and satisfies a strong demand for a rural feel with close proximity to city amenities, employers, and new and upcoming South and East Austin area developments. A preliminary site concept demonstrates a conservative plan for 1,150 residential units comprised of 600 SFR lots, including ample green space for parks and trails, and flexible development on 32 acres including options for 350 MF units and 200 BTR Townhomes. Bastrop County Commissioner provided written authorization to submit a preliminary plat application with variances for the proposed development plan. Mixed-use/retail/flex is also possible. ~140 acres sits in 100YR floodplain. The property also has low taxes, is Ag-exempt, and is located in a QOZ which can offer additional tax benefits for the right investor. Currently has Ag, a Radio Tower, and Residential leases in place. Utilities are provided by Bluebonnet and Aqua (water and waste). This property offers significant investment potential for residential and/or commercial mixed-use development. The combination of its strategic location, flexible use, and ample acreage creates a unique opportunity for those with the vision to shape this land into a thriving community. Please call for a tour, do not disturb the tenant.
PROPERTY TAXES
| Parcel Number | 46486 | Improvements Assessment | $224,155 |
| Land Assessment | $41,503 | Total Assessment | $265,658 |
PROPERTY TAXES
