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Hwy 71 and 281 - Lost Olives Ranch 288 Acres of Commercial Land in Marble Falls, TX 78654

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INVESTMENT HIGHLIGHTS

  • Marble Falls drew over 1 million visitors in 2022
  • 4,100 new residents from Williamson & Travis counties over last 3 years
  • $443,000 average market value of primary residence
  • 2,684 new single family homes approved by the city;1,350 multifamily united approved
  • 4,500 total new residents over the last 3 years
  • Approximately 4,400 new single family homes planned within 1.5 of Flatrock Crossing. Additionally, approximately 1,700 multi-family units

EXECUTIVE SUMMARY

This 288-acre site, strategically located at the corner of Highway 71 and 281, represents a prime development opportunity just outside Marble Falls, Texas. With its substantial size and ideal location, this property is perfectly positioned to capitalize on the region’s growth and appeal.
Situated at the intersection of two major highways, this site offers excellent accessibility and visibility. Its proximity to Marble Falls, a vibrant community known for its scenic beauty and growing population, enhances its attractiveness for potential development.
The area boasts numerous attractions, including Lake LBJ, a popular destination for boating, fishing, and water sports that draws both tourists and residents. Additionally, multiple golf courses provide recreational opportunities, appealing to retirees and families. The historic downtown of Marble Falls, with its charming shops, restaurants, and cultural landmarks, attracts visitors year-round, further boosting the appeal of this location.
The site is also near several significant developments, underscoring the region’s dynamic growth. Thunder Rock, a mixed-use development, contributes to economic growth and infrastructure improvements. Gregg Ranch, a large-scale residential community, reflects the strong demand for housing in the area. Legacy Crossing, a developing commercial hub, indicates robust commercial real estate activity and investment potential.
This 288-acre site offers a unique and compelling development opportunity, ideally located to benefit from Marble Falls’ attractions and ongoing regional developments. Its strategic position at a key intersection, coupled with the area’s natural beauty and thriving community, makes it an attractive investment for large-scale residential, commercial, or mixed-use projects.
• All utilities available
• Marble Falls drew over 1 million visitors in 2022
• 2,684 new single family homes approved by the city; 1,350 multifamily united approved
• 4,100 new residents from Williamson & Travis counties over last 3 years
• 4,500 total new residents over the last 3 years
• $443,000 average market value of primary residence
• $414,000 median home sales price in 2022
• Approximately 4,400 new single family homes planned within 1.5 of Flatrock Crossing. Additionally, approximately 1,700 multi-family units
• The largest concentration of new home development within 1.5 miles of Flatrock Crossing

PROPERTY FACTS

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Master Planned Community
Total Lot Size 288.00 AC
Zoning ETJ

1 LOT AVAILABLE

Lot

Lot Size 288.00 AC

288 AC DEVELOPMENT OPPORTUNITY ON THE CORNER OF HWY 71 AND 281

DESCRIPTION

This 288-acre site, strategically located at the corner of Highway 71 and 281, represents a prime development opportunity just outside Marble Falls, Texas. With its substantial size and ideal location, this property is perfectly positioned to capitalize on the region’s growth and appeal. Situated at the intersection of two major highways, this site offers excellent accessibility and visibility. Its proximity to Marble Falls, a vibrant community known for its scenic beauty and growing population, enhances its attractiveness for potential development. The area boasts numerous attractions, including Lake LBJ, a popular destination for boating, fishing, and water sports that draws both tourists and residents. Additionally, multiple golf courses provide recreational opportunities, appealing to retirees and families. The historic downtown of Marble Falls, with its charming shops, restaurants, and cultural landmarks, attracts visitors year-round, further boosting the appeal of this location. The site is also near several significant developments, underscoring the region’s dynamic growth. Thunder Rock, a mixed-use development, contributes to economic growth and infrastructure improvements. Gregg Ranch, a large-scale residential community, reflects the strong demand for housing in the area. Legacy Crossing, a developing commercial hub, indicates robust commercial real estate activity and investment potential. This 288-acre site offers a unique and compelling development opportunity, ideally located to benefit from Marble Falls’ attractions and ongoing regional developments. Its strategic position at a key intersection, coupled with the area’s natural beauty and thriving community, makes it an attractive investment for large-scale residential, commercial, or mixed-use projects.

  • Listing ID: 33382620

  • Date on Market: 10/2/2024

  • Last Updated:

  • Address: Hwy 71 and 281, Marble Falls, TX 78654

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