$6,999,990

About This Property

Exceptional Buy & Hold or development opportunity consisting of approximately 118.2 acres located on FM 487 directly across from Jarrell HS and just minutes from I-35. Positioned within one of the fastest-growing communities in Central TX, the property offers excellent access, visibility, and utility infrastructure for residential and mixed-use development. A recently executed Utility Service Agreement with the City of Jarrell secures the first 400 Living Unit Equivalents (LUEs) at a total cost of only $4,000 per LUE ($2,000 water / $2,000 wastewater), representing an estimated savings of approximately $4 million compared to current impact fee rates. The future extension of CR 305 through the property will create significant transportation connectivity and multiple hard-corner commercial opportunities. Williamson County has designated CR 305 as a Major Arterial and the roadway is anticipated to ultimately expand to six lanes, including a future bridge crossing over I-35. Highlights: • Approx. 118 acres available for development - Ag Exempt, No Restrictions • Directly across from Jarrell HS, Minutes from I-35 • Assemblage potential approaching 600 acres with neighboring properties • Utility Service Agreement providing approximately $4 million in impact fee savings • Future CR 305 Major Arterial corridor • Three future hard corners with excellent commercial potential • Future bridge connection over I-35 enhancing regional access • 12" water line located approx 1,800 feet east of the property • Adjacent wastewater lift station & planned 18" gravity main • Walmart recently announced for Jarrell, adding to continued area growth •1,634 sq ft dated, but livable home on the property Partially in the ETJ. Buyer to confirm all info. Additional Opportunity: The companion 19.8 acre commercial tract located north of FM 487 is also available for purchase, offering frontage along FM 487 and proximity to a major data center development. See MLS #4506371