23501 W State Highway 71 Highway, Spicewood, TX 78669

$2,950,000
List Price
$2,950,000
Status
ACTIVE
MLS#
2034259
Days on Market
33
Area
Burnet/Llano, Gillespie/Blanco, Northwest Travis Co.

Property 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 by 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 or condos. 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.

Additional Information

Taxes
$4,840
Tax Year
2021
Year Built
1998
Construction
See Remarks
Region
Burnet/Llano, Gillespie/Blanco, Northwest Travis Co.
View
Lake/River, Woods
Street Name
W State Highway 71 Highway
Street Number
23501
Neighborhood
n/a
Acres
13.24
County
Travis

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Listing courtesy of Austin Premium Property.

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