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Hwy 183 & CR 258 - Liberty Hill Mixed-Use Land

39.23 Acres of Commercial Land Offered at $15,380,000 in Liberty Hill, TX 78642

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INVESTMENT HIGHLIGHTS

Georgetown water available on the northern boundary.
Leander, Cedar Park, Round Rock, and Georgetown are all within 25 miles from the property as well for easy commutes.
Ideal opportunity for commercial with over 3,200 feet of frontage along 183!

Liberty Hill WW extension under construction now with estimated delivery early 2025 with the opening of the high School.
Surrounding Liberty Hill public schools are just minutes from the location as well, in addition to several churches and suburban areas.
Potential for mixed-use development with retail/restaurants and mixed-density residential. Feasibility study for utilities is underway now!

EXECUTIVE SUMMARY

Adjacent to the new Liberty Hill High School, this hard corner just north of the intersection of Highway 29 and 183 offers a prime location for a variety of different uses including retail, multifamily and mixed-density residential.
Since 2020, Liberty Hill’s population has increased by over 476%. By 2026, Liberty Hill projects to enroll over 13,000 students and by 2031, over 18,600 students making this area ripe for new development. The site is just 3 miles to the Liberty Hill Town Center, 6 miles to Leander, 13 miles to Cedar Park and just over 30 miles to downtown Austin. As land becomes more and more scarce in the Cedar Park and Leander markets, this is the next Austin suburb that is poised to take off and Phase III of the 183A expansion to be completed in 2025 will allow traffic volumes to grow by the 183% that TXDOT is projecting by 2042. Over 3,200 feet of frontage along 183!

258 and 183 Marketing Package 3-15-23

PROPERTY FACTS Under Contract

Price	$15,380,000	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Commercial Retail Office Mixed Use Multifamily Apartment Units Bank Daycare Center Drugstore Fast Food Healthcare Hotel Medical Neighborhood Center Restaurant Storefront, Retail or Office Supermarket
No. Lots	1	Total Lot Size	39.23 AC
Property Type	Land

Price	$15,380,000
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Retail Office Mixed Use Multifamily Apartment Units Bank Daycare Center Drugstore Fast Food Healthcare Hotel Medical Neighborhood Center Restaurant Storefront, Retail or Office Supermarket
Total Lot Size	39.23 AC

1 LOT AVAILABLE

Lot

Price	$15,380,000	Lot Size	39.23 AC
Price Per AC	$392,046.90

Price	$15,380,000
Price Per AC	$392,046.90
Lot Size	39.23 AC

Total acreage is 78.46 but property to be subdivided in half and sold. Seller open to discussion on selling either the southern portion of the tract with frontage along 258 or the northern portion of the tract.

DESCRIPTION

This lot is 39.23 acres of land located in the up-and-coming city of Liberty Hill, part of Greater Austin’s metropolitan areas. The intersection of Highway 183 and State Highway 29 is less than a mile from the property for easy access to downtown Austin and other Areas across Texas. Downtown Austin is less than thirty-five miles via Highway 183 and N MoPac for easy travel to and from the city. The land is located on the busy US Highway 183 and will bring plenty of traffic for a multitude of development opportunities. Multiple industrial buildings and a large single-family development can be found directly across Highway 183. Highway 29 is filled with restaurants and retailers within just five-minutes of the property.

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PROPERTY TAXES

Parcel Number	R654665	Improvements Assessment	$0
Land Assessment	$0	Total Assessment	$562

PROPERTY TAXES

Parcel Number

R654665

Land Assessment

Improvements Assessment

Total Assessment

$562

ZONING

Zoning Code	ETJ/None (Small portion of the southern piece of the property lies within Liberty Hill ETJ but majority of the site is outside City jurisdiction.)
ETJ/None (Small portion of the southern piece of the property lies within Liberty Hill ETJ but majority of the site is outside City jurisdiction.)