403± AC Mixed-Use Development Parcel

Intersection of SH 29 and County Road 120 Georgetown, TX 78626

Intersection of SH 29 and County Road 120, Georgetown, TX, 78626
Intersection of SH 29 and County Road 120, Georgetown, TX, 78626 Intersection of SH 29 and County Road 120, Georgetown, TX, 78626 Intersection of SH 29 and County Road 120, Georgetown, TX, 78626 Intersection of SH 29 and County Road 120, Georgetown, TX, 78626 Intersection of SH 29 and County Road 120, Georgetown, TX, 78626 Intersection of SH 29 and County Road 120, Georgetown, TX, 78626
FOR SALE
Property Type:
Residential Land Development
Amount:
Please Call Broker for Price

Last Verified:
Oct 03, 2024

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Highlights

  • One of the largest undeveloped tracts along SH 29 between Georgetown & Taylor
  • Within East Williamson County MUD #1 ($300M bond approved for infrastructure)
  • Adjacent to $30B Corridor C/SH 29 Bypass project (est. completion summer 2026)
  • Georgetown - 68% pop. growth since 2010

Description

This property is just six miles east of downtown Georgetown, one of the fastest growing cities in the country. The sprawling 403± AC site has plans in place for a premier mixed-use development featuring 1,200 single and multifamily homes, retail, office, hospitality and entertainment components, together with an abundance of parks, trails, gardens and open greenspace.

Offering significant frontage along SH 29, the site sits adjacent to the Corridor C project, a soon-to-be-completed bypass connecting Sam Houston Avenue to SH 29 and bringing increased connectivity to the area. The site is also proximate to Interstate 35 and Toll 130, offering easy access to major employers such as Samsung and Dell as well as local and national retail. This property is an ideal location for the city’s newest residential development.

Georgetown, Texas, is experiencing remarkable growth as one of the fastest-growing cities in the United States. According to U.S. Census Bureau data, Georgetown has consistently ranked among the top cities for growth. In 2022, Georgetown was the fastest-growing city in the country with a population increase of over 14%. The city’s proximity to Austin, sitting just 25 miles north of the state’s capital, contributes to its strong local economy. In recent years, Georgetown has attracted several major employers, particularly within the technology and manufacturing sectors. Among the notable companies expanding or establishing operations in the area are Tesla, Samsung and Amazon, all of which have contributed to the region’s rapid industrial and commercial growth.

Lot Size: 403.0 acres


Documents

Brochure - HPV - Georgetown, TX

Map of Intersection of SH 29 and County Road 120, Georgetown, TX, 78626

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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.