14.8 Acre Townhome/Condo Development Site

Mormon Mill Road Marble Falls, TX 78654

Mormon Mill Road , Marble Falls, TX, 78654
Mormon Mill Road , Marble Falls, TX, 78654
FOR SALE
Property Type:
Multifamily Land
Amount:
$1,150,000
Cap Rate:
0.00%
Last Verified:
Aug 05, 2024

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Zoned for up to a 48 unit Townhome/Condo Development in the heart of the Highland Lakes Region. Great townhome/condo site with frontage on US Hwy 281, Mormon Mill Rd, and Commerce Street.

Map of Mormon Mill Road , Marble Falls, TX, 78654

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.