Smithville, TX 78957,687 Hwy 71

$1,400,000

Est. payment /mo
Est.Price: ?

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687 Hwy 71 Smithville, TX 78957

1,152 SqFt

SOLD DATE : 05/12/2022

Key Details

Property Type Commercial

Sub Type See Remarks

Listing Status Sold

Purchase Type For Sale

Square Footage 1,152 sqft

Price per Sqft $1,178

Subdivision Na

MLS Listing ID 2995228

Sold Date 05/12/22

Originating Board actris

Year Built 1935

Tax Year 2021

Lot Size 43.330 Acres

Property Description

43.33 acres of prime development property fronting Hwy 71, 35 minutes from ABIA and Toll 130, 5 minutes from charming Smithville with shops and restaurants. The preliminary plat includes 36 large residential lots and 2 commercial lots. Sellers completed all studies to verify the property can be developed including TxDOT approved traffic impact analysis, environmental and Aqua Water studies. Engineer can answer specific questions. The property is ready for surveying and plat approval process through Bastrop County. The acreage is on a creek with large pecan trees. The owners are looking for a high-quality developer to convert their family farm into homes that will honor their family legacy. The sale of the property will result in a 1031 exchange

Location

State TX

County Bastrop

Interior

Fireplace N

Exterior

Utilities Available See Remarks

Total Parking Spaces 100

Building

Structure Type Frame

New Construction No

Others

Restrictions Deed Restrictions

Acceptable Financing Cash, Conventional, See Remarks

Listing Terms Cash, Conventional, See Remarks

Special Listing Condition Standard

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Listed by All City Real Estate Ltd. Co • Jeannie Ralph
Bought with Non Member
agent

Kris Calder

Advisor | License ID: 0628924

+1(512) 426-0614

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