5501 FM 1331 -1
Taylor, TX 76574
Land For Sale · 142.90 AC

This land is part of the Hoxie San Gabriel Ranch, a Texas Historical Landmark. The northerly boundary line of the land abuts Wilson Fox Park on Lake Granger. "Lake Granger is a United States Corps of Engineers reservoir on the San Gabriel River in Central Texas in the United States. Location/Location/Location! PLEASE Note: Pictures #1 through #19 are actual pictures of the subject property. Pictures #20-#30 were not taken on the subject property. These pictures were taken of Wilson Fox Park which abuts the northerly boundary line of the subject property. The last few pictures were taken of Lake Granger, Fox Swimming Beach and Picnic Area in Fox Park which abuts the subject property. UNRESTRICTED 142.9 ACRES (Survey Available upon request). +- 2312 feet of frontage on FM 1331. Southwest Milam water on site. There is an Oral Lease Agreement currently in place. Oncor electric on site. Agricultural Exemption. Thrall ISD. Potential for "Multiple Uses". (Residential/Commercial) Potential Uses Include: Mixed Use Development, RV Park with Storage, Residential Subdivision, Mobile Home Park, Office Warehouses, Mini Warehouses etc. All uses subject to confirmation and approval by appropriate authorities. Land is generally level with minimal trees providing lower development costs for Residential/Commercial Development. Gated entrance off FM 1331 to Road Use Easement traversing the entire property in a north/south direction. See attached Plat. Survey available upon request. SPECIAL NOTE: The tax records state the acreage is 145.150. The new survey shows 142.9 acres which is correct. The price reflects 142.9 acres @ $30K an acre. $4,287,000.00.