$1.23M

Description

Rare opportunity to acquire approximately 2.64 level acres in the rapidly growing Manchaca corridor. Positioned near the front of Lowden Lane, this property offers outstanding potential for investors, developers, owner-users, or those seeking a long-term land investment. The property’s location provides convenient access and is closer to existing development and utilities than many tracts farther down the road, making it potentially less to develop and an attractive opportunity for future development. The rectangular tract measures approximately 172 feet by 641 feet and includes an existing approximately 2,352 sqft brick home along with an approximately 1,200 square foot detached garage/workshop (buyer to verify size). The existing improvements may provide immediate utility, adaptive reuse potential, rental opportunities, or support operations during future development. The property currently includes well and septic and offers flexibility for a variety of potential uses. Located within the ETJ, buyers may wish to explore a variety of future development opportunities, including the potential to petition for release from the ETJ if appropriate for their intended use, subject to governmental approval. Buyer to independently verify ETJ status, permitted uses, utility availability, development requirements, restrictions, and all governmental approvals. Conveniently located just minutes from IH-35, FM 1626, South Austin, Buda, and Kyle, this property is surrounded by continued residential and commercial growth, making it an outstanding opportunity in one of the area’s rapidly developing corridors. All information is deemed reliable. Buyer to verify all information.

Property Details

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