$2,950,000
Accepting Backup Offers

23501 W State Highway 71 Highway W

Spicewood, TX 78669
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Description

This is property located on Hwy 71 W at intersection of Pace Bend Road and across the street from Pace Bend Grocery and Security State Bank Pace Bend Road is main road to state park and lake Travis that is a very popular area for camping and boating. Current construction is complete on McCoy's building supply on the land adjacent and wrapping around the Pace Bend Grocery site. The price includes building plans, designs for development on the site including agreement with state highway department for a four way red light access to the property off Hwy 71 and Pace Bend Road.Commercial Waterfront on Lick Creek and Pedernales River front. South side frontage in high growth corridor on south side of Hwy 71W AND Pace Bend Park Rd intersection. Ideal site for BBQ restaurant, boutique hotel or for small apts, condos or other commerical uses. Outstanding exposure to traffic flow on Hwy 71 and Pace Ben Road. Owner has detailed future plans for the site. Current access from Hwy 71 W is via 1.336 ac easement acquired with the property. Effective highway frontage is 1425 Ft. Site features 2173 ft. along the centerline of Lick Creek culminating at the center line of the Pedernales River which extends approximately 46 ft. The buildable portion of site is free of flood hazard risk. The tract slopes generally toward the north and west toward the streambeds of flanking Lick Creek and the Pedernales River. Properties highest point is 800 ft. Up to half the tract it's southern part is relatively level as is the 1.336 acre easement. Steep bluffs which over look Lick Creek and its confluence with the Pedernales River characterize the remainder of the site. Extensive planning by current owner for development available to buyer including State Highway approval for access at signal light at Pace Bend Rd. Just removed all temporary structures .
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  • Property Details
    • Property
      • View:Lake, Trees Woods, Water
    • Measurements
      • Acres:13.24
  • Construction Details
    • Type & Style
      • Property type:Purchase
    • Condition
      • Year built:1998
  • Community and Neighborhood Details
    • Location
      • County:Travis
    • Community
      • Subdivision:n/a
  • Financial Details
    • Pricing Details
      • Original List Price:$2, 950, 000
      • Selling Office Commission:3.000
      • Annual taxes:$4, 840
      • Days on Market (Cumulative):380
  • Other
    • Source
      • MLS #:2034259

Location

Austin Castles RealtyReal Estate Group
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