11301 E State Highway 29, Georgetown, Texas

Description

This tract of land for sale at 11301 E State Hwy 29 in Georgetown, Texas is comprised of 244.57 +/- Acres. Located approximately ten miles from downtown Georgetown, near Interstate 35 and Toll 130, outside the ETJ and minutes away from multiple retail amenities, this site is an ideal location for a new development. The current owners have a proposed site plan that accounts for 1,227 lots consisting of 40 ft lots for residential use. The property is located in an Opportunity Zone. The utilities to the site plan have not been completed. This is an opportunity for a buyer to purchase pre-entitled. Jonah water line is available along the highway. The property has two barns, and is currently being used for Agricultural purposes. The 244 +/- Acres is adjacent to an airstrip with a planned community development. The property is located outside of the city limits. All development to be verified by purchaser at their own discretion. Update as of 7/11- entitlements are almost complete. This is an excellent property for an investor/ developer to buy and hold while planning for development. Georgetown address and Georgetown ISD.

Directions: From Austin, take I-35 N to exit 259. Merge onto I-35 frontage and continue on State Hwy Spur 26, then turn right on SE Inner Loop. In 3.9 miles, turn right onto TX-29, Property is on the left in 8.3 miles.