111 North HSB Boulevard Horseshoe Bay, TX 78657

$4,200,000
2.10
Acres
$4,200,000
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This 2.1 acre Tract -- a combination of 4 LBJ lakefront lots which are platted into HSB's last and largest privately-owned multi-family lakeside tract -- contains 355 linear feet of bulk-headed lakefront with space for 12 lakeside Townhomes, for which HSB has a starving need. It's also blessed by being located near HSB's core while also being quite near to Marble Falls. Affords views across to Lake LBJ's north shore plus up Thanksgiving Mountain. Has preferred east-facing. Price breaks down to $350/townhome lot. This is an ideal opportunity for an experienced builder along with their investment group who have been scrambling to find waterfront lots to satisfy an overwhelming market demand for waterfront property in prestigious Horseshoe Bay. Owners original plans for this multi-family lot included 12; 3800 sf' waterfront townhomes with a common area including a resort style pool along with all purpose court. Health reasons are preventing the owner from completing this project himself. For this reason no requests for partnering please. Townhomes will be attractive for vacations, co-ownership LLC's, high tech commuters, those working remotely, and more. Additionally, these lots could potentially be divided into 5 or 6 single family home sites with additional space for a nice homeowners' common area.

This 2.1 acre Tract -- a combination of 4 LBJ lakefront lots which are platted into HSB's last and largest privately-owned multi-family lakeside tract -- contains 355 linear feet of bulk-headed lakefront with space for 12 lakeside Townhomes, for which HSB has a starving need. It's also blessed by being located near HSB's core while also being quite near to Marble Falls. Affords views across to Lake LBJ's north shore plus up Thanksgiving Mountain. Has preferred east-facing. Price breaks down to $350/townhome lot. This is an ideal opportunity for an experienced builder along with their investment group who have been scrambling to find waterfront lots to satisfy an overwhelming market demand for waterfront property in prestigious Horseshoe Bay. Owners original plans for this multi-family lot included 12; 3800 sf' waterfront townhomes with a common area including a resort style pool along with all purpose court. Health reasons are preventing the owner from completing this project himself. For this reason no requests for partnering please. Townhomes will be attractive for vacations, co-ownership LLC's, high tech commuters, those working remotely, and more. Additionally, these lots could potentially be divided into 5 or 6 single family home sites with additional space for a nice homeowners' common area.

Listed by:
Richard Jay Herrington

Source:
TXHLMLS

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School Info

Property details

Community Features

  • Has HOA

Property Features

  • No Builder Restrictions
  • Sewer

Waterfront

  • Lake front
  • Water front

Financing

  • Cash
  • Conventional Financing
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