Share This Listing

Message

934 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

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

Executive Summary

Rare ±26.07-acre development opportunity in Marble Falls offering scale, frontage, access, and a zoning mix that supports an attached residential vision. With exposure on US 281, Mormon Mill, and Commerce Street, the site is well positioned for a townhome or condo project in one of the area’s most active growth corridors.

Attachments

Mormon_Mills (1)

Property Facts

Price $1,150,000 - $2,525,000
Sale Type Investment or Owner User
No. Lots 2
Property Type Land
Property Subtype Residential
Proposed Use Apartment Units - Condo
Total Lot Size 26.07 AC
Cross Streets US Hwy 281
Zoning NC, TR, and NR - Tract 1 has TR (transitional residential) and NC (Neighborhood Commercial) zoning. Tract 2 has NR (Neighborhood Residential) zoning

2 Lots Available

Lot Tract 1

Price $1,150,000
Price Per AC $77,702.70
Lot Size 14.80 AC

Approx. 14.853 acres with frontage on Mormon Mill Rd, Hwy 281, and Commerce St. Zoned TR and NC.

Lot Tract 2

Price $1,375,000
Price Per AC $27,500,000.00
Lot Size 0.05 AC

Approx. 11.22 acres with frontage on Mormon Mill. Zoned NR.

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!

Somewhat walkable
30/100
Very drivable
80/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
20550
Land Assessment
$370,227
Improvements Assessment
$0
Total Assessment
$370,227
  • Listing ID: 23836890

  • Date on Market: 8/4/2021

  • Last Updated:

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

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}