More
on this property...

Overview
Details
Maps

Downloads (PDF)
Brochure
Survey

Prime Investment Land
More Details
 

SIZE: Phase 1 is 3 (three) approximately 10 acre lots out of the Fannie A.D. Darden Survey (Abstract 664) in Hays County, TX. Lots are generally rectangular shaped. They will be subdivided out of a larger tract of 89.31 acres and all will have frontage on CR 162 (Darden Hill Road).

HIGHEST USE: Large country estate lots in the urban/rural interface.

LOCATION: Elevated plateau over 1100 feet above sea level that fronts CR 162 (Darden Hill Road) approximately .5 miles from the intersection of CR 162 and FM 1826. The section of road from FM 1826 to Sawyer Ranch Road is becoming the premier upscale location and address for large country homes in northern Hays County and Dripping Springs. Homes to either side of these estate lots are valued in excess of $1,000,000 in value (land, home and improvements). Immediately around this exclusive section are homes from $400,000-$700,000. Other high-dollar developments (10 acre estate lots) exist nearby but are not in Dripping Springs Schools and are much farther out the FM 1826 corridor and down FM 967 toward Buda.

IMPROVEMENTS: None.

TERRAIN: Rolling hill country and mostly open pasture with some mixed oak and juniper (cedar).

SURFACE WATER: None.

UTILITIES:

Water
– Well (by Buyer) Hill Country Water (HCW) runs past the property but the supply is currently committed. HCW does plan on improving the system over the next few years so there is a chance that city water will be available in the future.

Electricity
– Pedernales Electric Cooperative (underground by Buyer).

Telephone
– Southwestern Bell (underground by Buyer).

 

FLOODPLAIN:
None.

ZONING: None, however property is in the Dripping Springs ETJ (Extended Territorial Jurisdiction). Property development is governed by Hays County and Dripping Springs ordinances.

EASEMENTS: None with exception of possible small leach field on the back edge of Lot 1.

SCHOOLS:
Dripping Springs Independent School District.

MINERALS: Half convey.

TAXES: Agricultural exemption. Land is currently leased to maintain agricultural exempt status. Maintenance of exemption shall be the responsibility of Buyer after purchase. Rollback taxes, if applicable (i.e. allowing agricultural exemption to stop through lack of application), by Buyer.

FENCING: Livestock fencing on road frontage. To be removed by Seller upon closing and funding of first lot. New fencing will be put at the back of each lot, separating the lots from the tract to be retained by owner.

SURVEY: Copy of survey available for entire tract. The proposed 10 acre estate lots are available on a preliminary plat.

RESTRICTIONS: 4500 square foot minimum, all masonry. Inquire for details.

SUMMARY: Subject property is located approximately 20 miles southwest of downtown Austin, Texas on the FM1826 corridor. The area has appreciated since the early 1990’s and has maintained a steady growth throughout. Smaller residential developments are currently underway near the property, with large, low-density developments being planned nearby. Property is surrounded both by developed land and larger tracts of high quality Hill Country. Recent nearby commercial development includes a regional facility of Seton Hospital and substantial retail development along Mopac and Highway 290 West within 10 miles.
www.drippingspringsrealty.com

Listed by
Dennis Wagner
288-4888

All information furnished is from sources deemed reliable, but no warranty or representation is made by Dripping Springs Realty LLC or its agents as to its accuracy. Property information is submitted subject to prior sale, withdrawal or other changes in price and/or terms without notice.