Discover an exceptional investment opportunity with this expansive +/- 24.9-acre property located in the highly desirable Oak Hill area, just off Highway 71. Perfectly situated for residential or commercial development, this versatile parcel offers a wealth of potential for developers, investors or off grid-ers, alike. Currently zoned for rural residential… Read More / ag. Five acres of the property are integrated into the Covered Bridge development, with access via Roaring Springs Drive, making it ideal for residential expansion. The property includes three houses, a garage, and ample raw land. Utilities on-site include electricity, septic systems, and five wells providing substantial water resources (approximately 880 million cubic feet of water estimated to be underneath). Water rights are included in the sale. The main home is currently being used as a primary residence. It is approximately 3500sf and has 5 beds, 2 1/2 baths as well as off grid capabilities through the solar field, septic system and wells. Approximately 19 acres were previously in a floodplain. However, extensive work has been done, including the addition of fill dirt and a levy to mitigate future flood risks. The area is in the process of being graded to finalize this improvement. The property offers direct access from Roaring Springs Drive and Mowinkle Drive. There is also a small wet weather creek within the greenbelt on the East side of the property that would add a natural decorative element to a residential development. This property is an unparalleled opportunity for anyone looking to capitalize on the growing demand in the South West Austin area. Read Less
Property listed by Levi Rodgers Real Estate Group 210-331-7000 (210) 331-7000
Listing Snapshot
Days Online
336
Last Updated
Property Type
Other
Lot Size
24.91 Acres
MLS Number
8702716
Additional Details
Utilities
Water Available, Cable Available, Electricity Available, High Speed Internet Available, Water Connected
Disclosures
Seller Disclosure
Exterior Features
Lighting
Lot
24.913 acres, Area: 24.913, Backs To Greenbelt Park, Native Plants, Split Possible
Property
Park Greenbelt, Hills, Trees Woods
Sewer
Septic Tank
Taxes
Year: 2023
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