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11,000 SqFt
$ 3,799,000
Est. payment | /mo
11,000 SqFt
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 11,000 sqft
Price per Sqft $345
Subdivision Kingsland Cove
MLS Listing ID 5091230
Originating Board actris
Year Built 1976
Annual Tax Amount $15,794
Tax Year 2023
Lot Size 2.650 Acres
Acres 2.65
Property Description
Trophy property in prime location with potential for Lake LBJ views is ready for re-development. No zoning, current county land use is Commercial. Water frontage on Mill Creek with Lake LBJ access, 10 deeded boat slips, and private boat launch. 547’ of frontage on FM 1431 with traffic counts over 11,000 vehicles daily. There are 6 metal buildings on the property ranging from 900 to 4500 sf, numerous canopies, and a boat lift. Lot is fully fenced and gated. Consider condos with a new channel cut for under-unit boat docks, or multi-family with common marina/boat docks.
Ideal location and size for redevelopment into residential with Lake LBJ access.
Lake LBJ is a constant-level reservoir above Wirtz Dam on the Colorado River and part of the Highland Lakes chain. President Lyndon Johnson and family enjoyed their home on the lake during and after his time in the White House. Today, the shoreline surrounding Lake LBJ is highly developed, with miles of lakeshore homes and boat houses.
Ideal location and size for redevelopment into residential with Lake LBJ access.
Lake LBJ is a constant-level reservoir above Wirtz Dam on the Colorado River and part of the Highland Lakes chain. President Lyndon Johnson and family enjoyed their home on the lake during and after his time in the White House. Today, the shoreline surrounding Lake LBJ is highly developed, with miles of lakeshore homes and boat houses.
Location
State TX
County Burnet
Zoning Commercial
Interior
Heating None
Cooling None
Flooring Concrete
Fireplace No
Exterior
Utilities Available Above Ground, Electricity Connected, Sewer Connected, Water Connected
Waterfront No
View Bridge(s), Canal, Lake, Marina, River, Water
Total Parking Spaces 50
Building
Story 1
Foundation Slab
Sewer Public Sewer
Water MUD
Structure Type Metal Siding
New Construction No
Others
Special Listing Condition Standard
Listed by Compass RE Texas, LLC