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Mormon Mill Rd - Townhome/Condo Project Site 14.85 Acres of Residential Land Offered at $1,150,000 in Marble Falls, TX 78654

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INVESTMENT HIGHLIGHTS

  • Frontage on Mormon Mill Rd., US Hwy 281, and Commerce Street
  • All utilities available

EXECUTIVE SUMMARY

Approx. 14.853 acres located on the west side of Mormon Mill Rd., just 0.14 miles north of the intersection of Mormon Mills Rd and Marble Heights Dr. Has approx. 165 feet of frontage on Mormon Mill Rd, approx. 199.8 feet of frontage on Hwy 281, and approx. 49.7 feet of frontage on Commerce St. All utilities available through the City of Marble Falls. Zoned NC (Neighborhood Commercial District) and TR (Transitional Residential District). A portion of the Property is in the FEMA floodplain (see FEMA map in flyer).

ATTACHMENTS

Mormon_Mills (1)

PROPERTY FACTS

Price $1,150,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Apartment Units - Condo
Total Lot Size 14.85 AC
Cross Streets US Hwy 281
Zoning NC-TR

1 LOT AVAILABLE

Lot

Price $1,150,000
Price Per AC $77,441.08
Lot Size 14.85 AC

Zoned for up to a 48 unit Townhome/Condo Development in the heart of the Highland Lakes Region. Approx. 14.853 acres with frontage on Mormon Mill Rd, Hwy 281, and Commerce St. All utilities. Marble Falls ISD.

DESCRIPTION

Premier Development Site in the Heart of the Highland Lakes Region! This high-visibility property boasts frontage on US Hwy 281, Mormon Mill Rd, and Commerce Street, offering unmatched exposure in a thriving area. Fully approved for townhome or condo development, this is a turnkey opportunity to bring a residential project to one of the most desirable communities in the region. ?? Why This Site Stands Out: ? Prime Location – High-traffic area with easy access to major roads ? Full Development Approvals – Save time & start building immediately ? All Utilities Available – City of Marble Falls water, sewer, and electric ready to go ? Room to Build – While a portion is in the FEMA 100-year floodplain, ample space remains for development With growing demand for housing in Marble Falls, this shovel-ready site is an opportunity you don’t want to miss! Let’s talk today!

  • Listing ID: 23836890

  • Date on Market: 8/4/2021

  • Last Updated:

  • Address: Mormon Mill Rd, Marble Falls, TX 78654

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