For sale

$1,985,000

0 FM 487 None
Jarrell, TX 76537

  • 0 beds
  • 0 baths
  • 19.8 acres

Listing courtesy of All City Real Estate Ltd. Co · (866) 277-6005 · MLS# 4506371 · Status: Active

About this property

19.8 Ag Exempt Acres | FM 487 Commercial Development Site Near Jarrell High School Strategically positioned commercial development tract consisting of approximately 19.8 acres located on FM 487 in the path of rapid growth in Jarrell. The property offers outstanding potential for office, medical, commercial, technology-support, and mixed-use development. Recent annexation and C-1 commercial zoning approval. Low holding costs make this a great, potential opportunity for Buy & Hold or 1031 buyer. The site benefits from exceptional regional accessibility, located just minutes from I-35 and along the future CR 305 Major Arterial corridor. As planned, CR 305 will ultimately provide a six-lane connection across I-35, creating substantial traffic counts and long-term commercial visibility. Adjacent ownerships are also being marketed for sale, creating a rare assemblage opportunity approaching 600 acres for larger-scale development projects. Highlights: • Approx. 19.8 Acres - Ag Exempt - Low Holding Costs • Frontage along FM 487 • Minutes from I-35 • Assemblage potential approaching 600 acres with neighboring properties • Future CR 305 Major Arterial corridor • Planned six-lane roadway connection across I-35 • Strong demographics and residential growth throughout Jarrell • 12" water line located approximately 1,800 feet east of the property • Adjacent wastewater lift station and existing 10 inch sewer line on the north side • Walmart recently announced for Jarrell, adding significant retail momentum Buyer to confirm all info. Additional Opportunity: The 118 acre companion tract located south of FM 487 is also available, and has a recently executed Utility Service Agreement with the City of Jarrell that secures the first 400 Living Unit Equivalents (LUEs) at a total cost of only $4,000 per LUE ($2,000 water / $2,000 wastewater), representing an estimated savings of approximately $4 million compared to current impact fee rates. See MLS #1967687

Description provided by the listing brokerage.

Facts

Property type
Farm · Ranch
Lot size
19.8 acres
Annual taxes
$92
County
Williamson
Neighborhood
J002D35H - JARRELL ISD RURAL BEFORE 1990
School district
Jarrell ISD
Schools
Jarrell · Jarrell · Jarrell

Features

View
None
Fencing
None
Utilities
Electricity Available, Sewer Available, Water Available
Lot
Agricultural
Horse amenities
None
Waterfront
None

Location

Listings courtesy of Unlock MLS as distributed by MLS GRID.

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