338 ac tract with site concepts yielding 1,150 residential units

488 Mesa Dr Del Valle, TX 78617

Del Valle
FOR SALE
Property Type:
Residential Land Development
Amount:
Please Call Broker for Price

Last Verified:
Mar 13, 2024

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Highlights

  • Strategic Location: Close proximity to SH 130/45, Hwy 71, COTA, ABIA, and other high-growth areas of Bastrop, Kyle/Buda, Manor, and East Austin
  • Flexible Development Possibilities: SFR, BTR, MF, Mixed-use, Retail, Flex
  • Growth: proximity to urban center and several surrounding cities make this an attractive option
  • Leases: Ag, Radio, and Residential in place
  • QOZ- Qualified Opportunity Zone for the right investor
  • Topo: mostly flat
  • Low Taxes, Ag exempt and located in a QOZ which can offer additional tax benefits for the right investor.
  • Bastrop County is known for being developer-friendly
  • Kimley Horn already engaged in the preliminary engineering and has a budget available for remaining studies

Description

Mesa Ridge Ranch is an exceptional opportunity for developers and national home builders. This expansive 338-acre property nestled in a prime location boasts the perfect blend of natural beauty, strategic positioning, and potential for a wide range of development opportunities. The property features picturesque natural surroundings, and ample green spaces/amenity areas, and satisfies a strong demand for a rural feel with close proximity to city amenities and employers.

This property offers significant investment potential for residential and/or commercial mixed-use development. The combination of its strategic location, flexible use, and ample acreage creates a unique opportunity for those with the vision to shape this land into a thriving community.

A399 Green, M., Acres 337.727


Year Built: 1983
Building Size: 2905sq ft
Lot Size: 14723242.0 acres


Documents

Brochure (L)

Map of 488 Mesa Dr, Del Valle, TX, 78617

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.