2570 county road 414, Spicewood, TX 78669 (MLS # 7892475)

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PRICE $985,000 dsIDX morgage calculator
SIZE 2,000 sqft
LOT SIZE 4.21 ac

Unique investment opportunity tailored for savvy investors specializing in recreational storage units. Located in Spicewood, TX, this 4.2-acre parcel (Burnet County) offers prime location for a lucrative venture. This parcel presents a rare opportunity for unrestricted development, providing flexibility for various investment strategies. Situated at entrance of Muleshoe Bend Recreation Area, an LCRA park, this property is in close proximity to Lake Travis. Boasting miles of multi-use trails, lakeside camping, and boat ramps, it caters to the active lifestyle of the community. Property is equipped with essential infrastructure, including private driveway off CR 414, fully fenced lot, 2, 000sf metal building constructed in 2022 with electricity and water. The 40 ft x 50 ft building, featuring two 14 ft rollup doors on a concrete slab, is ready for immediate use. Positioned near high-end residential communities such as Loraloma at Thomas Ranch & Barton Creek Lakeside, this location benefits from a discerning clientele seeking premium storage solutions, due to HOA restrictions on outdoor storage on residential lots. Area has demonstrated demand for larger format storage facilities catering to cars, watercraft, & recreational vehicles. With topo. being relatively flat & featuring a natural tree buffer towards the center of the property, there's an opportunity to create a hybrid development. One side can be dedicated to storage facilities, while other can be developed into RV campsites, tapping into the thriving market of outdoor enthusiasts. Topography allows for the creation of two distinctive phases, maximizing potential for both storage facilities & RV sites. This investment proposition aligns perfectly with growing trend of recreational storage needs in the region. Combination of location, infrastructure, & demand makes this an ideal canvas for an innovative hybrid development that caters to the evolving needs of the community.

LAST UPDATED 1/24/2024 TRACT ALLISON WILLIAMS
YEAR BUILT 2022 COMMUNITY ALLISON WILLIAMS
COUNTY Burnet STATUS Active
PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
AREA LW
BUYER'S BROKERAGE COMPENSATION 3.000
CONSTRUCTION Frame, Metal Siding
HEAT See Remarks
LOT 4.214 acre(s)
LOT DESCRIPTION Level, Sloped
PARKING Garage Faces Front, Private, Secured, Storage, See Remarks
SEWER Septic Needed
STORIES 1
SUBDIVISION ALLISON WILLIAMS
TAXES 5372
UTILITIES Electricity Connected, Water Connected, See Remarks
VIEW Yes
VIEW DESCRIPTION See Remarks
ZONING Unrestricted Zoning
MORTGAGE CALCULATOR
   

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Property listed by Johnny Devora, Devora Realty
Based on information from the Austin Board of REALTORS ® (alternatively, from ACTRIS) for the period through 4/28/24 9:50 AM PDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

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