Waterfront
Address
TBD Fm 2268, Salado, TX
Price
$ 5,000,000
Property Attributes
  • MLS#20594657
  • TypeLand
  • CountyBELL
  • CitySalado
  • Zip76571
  • StyleUnimproved Land
  • Taxes$ 914
  • Price$ 5,000,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size168.794 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description

Located one mile east of I-35, this expansive 168+ acre property is a prime prospect for development. Near downtown Salado this property has an agricultural tax exemption and no known restrictions. You have an impressive 80 feet of elevation change, from the stocked 10+ acre lake to the elevated southeastern corner with diverse recreational spaces including mature woods and hay pastures,. Electricity and a water meter are already in place, running to the abandoned manufactured home on the property. This is a plus for future development. 1200 feet of frontage on FM 2268, which is a plus for accessibility at multiple points. Salado, a unique Texas city celebrated for its art, history, and culture, is a sought-after tourist destination. Located just an hour from the Austin Airport, this property is well positioned for those seeking a harmonious blend of rural serenity and urban accessibility. Seize this opportunity to be a part of the growth and development in this extraordinary region.

Elementary School
Arnold Elementary School
Price History
4/22/2024 Listed $5,000,000

General Features

Development Status Streets Installed,Utilities Installed
Utilities Co-op Water,Electricity Available
Possession Closing/Funding
Easements None
current use Agricultural
Restrictions No Known Restriction(s)
School District Salado ISD
Exclusions MINERALS
Documents Available Aerial Photo,Survey
Unexempt Taxes 914
Will Subdivide No
Property SubType Unimproved Land
Subdivision Name none
Possible Use Agricultural,Cattle,Development,Horses,Industrial,Investment,Pasture,Place of Worship,Ranch,Residential,Subdevelopment
Zoning Description none
Occupant Type Vacant
County Bell
Property Type Land
HOA Type None
Land Lease YN Yes
Status Active
Directions From Dallas or Fort Worth,go South in I-35 to Salado. Exit and turn left on FM 2269. The property will be on the right after one mile.
City Salado
Buyer Agent Compensation 2.5
Elementary School Name Arnold
High School Salado
Street Name Fm 2268
Elementary School Arnold
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/20594657
Standard Status Active
Buyer Agent Compensation Type %

Interior Features

Lock Box Type Combo

Exterior Features

Waterfront Yes
Lot Features Acreage,Level,Pasture,Water/Lake View,Waterfront
Fencing Barbed Wire
WaterFront Features Lake Front
Lot Size Over 100 Acres
Lot Size Area 168.7940
Lot Size Units Acres
Lot Size Square Feet 7352666.6400
Lot Size Acres 168.7940

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 76571

Price
AVG $450K
$5M
Visits
AVG 117
147
Data Provided by Inside Real Estate®