200 Hillvue Rd - Residential LAND FOR SALE


Georgetown, TX 78626 435,600 SF
$2,916,350 USD
214-556-1951
200 Hillvue Rd, Georgetown, TX for Sale
$2,916,350 USD
Residential LAND - FOR SALE
1/3
435,600 SF

200 Hillvue Rd
Georgetown, TX 78626


HIGHLIGHTS

  • The Site is approximately half a mile south of the Southeast Inner Loop which connects Interstate 35 to State Highway 130.
  • The Site currently has Special Use Zoning in place with an approved Preliminary Plat for 73 units with varying lot types.
  • The lot types are the following: 8 Single-Family Attached lots (16 units), 5 Two-Family lots (15 units), and 42 Townhome lots (42 units).
  • The zoning is conducive to “for-rent” or “for-sale” product.
  • According to CoStar, similar Build-to-Rent communities in Georgetown are achieving effective rents of $2,400 per month for 1,500 SF units.

OVERVIEW

Vanguard Real Estate Advisors (“VREA”) has been exclusively retained by Ownership to offer builders and developers the opportunity to purchase an entitled 10+/- acre residential development site in Georgetown, TX. The Site currently has Special Use zoning in place with an approved Preliminary Plat for 73 units with the following lot types: 8 Single-Family Attached lots (16 units), 5 Two-Family lots (15 units), and 42 Townhome lots (42 units). The zoning is conducive to “for-rent” or “for-sale” product. The Site is off of FM 1460 and accessibility will greatly improve with the future expansion of Ridge Line Boulevard along the southern boundary of the Site. This offering represents a great opportunity to acquire a site with high density residential entitlements in the rapidly growing Georgetown market.

FOR SALE DETAILS

PRICE

$2,916,350 USD

PRICE/ACRE

$291,635/AC

PRICE/SF

$7 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Entitled 73 Unit Build-to-Rent Site

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Multi-Family, Apartment Units, Single Family Development

LAND ACRES

10 AC

LAND SF

435,600 SF

OFFSITE IMPROVEMENTS

Sewer, Water

ZONING

RS

APN/PARCEL ID

R038898

ASK ABOUT THIS PROPERTY

Jordan CortezVanguard Real Estate AdvisorsMore Info
214-556-1951

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Jordan CortezVanguard Real Estate AdvisorsMore Info
214-556-1951

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.