$550,000
For Sale

4500 FM 2720

Maxwell, TX 78656
Browse 18 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Commercial lot situated in a high-traffic area, ideal for your next development project. FM 2720 is known as the area that Micron was rumored to be located at and is still highly anticipated to be a prime development spot for commercial. In preparation for the significant growth this area is seeing right now, TXDOT has plans to widen FM 2720 and County Line SUD is installing a 24'’ water line along the border of this property. This area of Lockhart has recently announced several developments including a data center, industrial park, storage facility, grocery store, and master planned community along with several other large scale developments coming to the immediate vicinity of this property. Situated outside the flood plain, this tract offers optimal conditions for commercial development. With its highest and best use identified as commercial, prospective ventures include a hotel, self-storage facility, restaurant, or car wash, making it an ideal investment opportunity.

  • Property Details
      • Utility FeaturesElectricity Available, Water Available
      • Property SubtypeUnimprovedLand
      • Sewer InformationSeptic Needed
      • SubdivisionHines, Elbert
      • School DistrictLockhart ISD
      • Lot DescriptionCorner Lot
      • Elementary SchoolClear Fork
      • Property TypePurchase
      • Middle SchoolLockhart
      • High SchoolLockhart
      • CountyCaldwell
      • Original List Price$550,000
      • MLS #3115945
      • MLS #3115945
      • Utility SourcePublic
      • Cost550000
      • Acres4.104
      • Days on Market (Cumulative)87

Location

Emerald Door PropertiesReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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