$500,000

Description

Exceptional Investment Opportunity in Buda, TX! Additional 1.27-acre Lot For Sale at 700 W Goforth Rd! This is your opportunity to own a 1.04-acre commercial/residential property, featuring 207 ft of road frontage (see tax report), and good visibility along Stream Way, situated between I-35 and Downtown Buda. The surrounding area is experiencing a significant transformation, driven in part by the rezoning of the Lifschultz community, which was historically designated for residential use and has since been rezoned for commercial use (see zonability report). These changes create interesting possibilities for future development. Adding to the area's transformation, the City of Buda has approved Bond Proposition A, authorizing improvements to be made to W Goforth Rd. Planned improvements include wider lanes to enhance traffic flow, sidewalks to encourage pedestrian activity, and trees and landscaping to create a more welcoming environment. See Buda Bonds 2021 for more info. Plans, funds, and deadlines are subject to change. Situated on the western side of Lifschultz, the property is positioned in an area more conducive to neighborhood retail development (B-1, See zonability report). With a city park and established residential neighborhoods nearby, this location offers the potential to serve the surrounding community while benefiting from the area's ongoing evolution. Whether you're an investor, developer, business owner, or homeowner looking for a strategic location in a growing Central Texas market, this is an opportunity worth exploring. Additional highlights include utility lines already on property. 75% impervious coverage per zonability report. Home is 1,808 sq. ft. per tax record. Flood Zone X!

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