This listing is under contract.

25 Acres Vacant Land on FM1625

10912 FM1625 Creedmoor, TX 78747

Creedmoor
UNDER CONTRACT FOR SALE
Property Type:
Commercial Land Development
Amount:
$1,475,000
Cap Rate:
0.00%
Last Verified:
Mar 05, 2024

Approximately 24.98 acres located in the South Austin suburb of Creedmoor and in a Texas Opportunity Zone. An ideal single-family or warehouse development tract minutes to downtown Austin, Tesla Gigafactory and Austin-Bergstrom International Airport. Approximately 447 feet of frontage on FM1625. Utilities: Water - CMWSC, Electric - PEC, and W/W - septic needed. An estimated 4 acres are in the 100-year FEMA floodplain.

Map of 10912 FM1625, Creedmoor, TX, 78747

Presented by:
McAllister & Associates

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Spencer E Collins
Personal: (512) 536-7829


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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.