$1,850,100
For Sale

Hill Road

Salado, TX 76571
Browse 40 photos
Type:Purchase
Structure:Farm
Zone:Residential

Description

Prime 60 Acre Development Opportunity in Salado Discover a remarkable investment and development opportunity with 60 acres of premium land off Hill Rd in Salado. Located only minutes from I-35, this expansive property offers quick access to major cities including Austin, Georgetown, and Temple—ideal for development. Key Features: Strategic Location: Directly off I 35, placing you at the gateway to the booming Austin and Georgetown markets. Perfectly positioned for retail, commercial, multifamily, or residential community projects. Natural Asset: The property includes a picturesque stock tank, adding natural beauty and potential for recreational use or water retention in development planning. Growth Potential: Salado is rapidly evolving, with new infrastructure, commercial corridors, and residential expansions nearby. This property sits at the heart of the action, poised for high returns on development. Investment Flexibility: Whether you’re looking at a mixed-use commercial complex, single-family or multifamily developments, or a retail center, this versatile land can accommodate your vision. 1031 Exchange Opportunity: Capitalize on a 1031 Exchange before year-end to maximize your investment potential and defer capital gains taxes. With the upcoming tax changes and market dynamics, this is a prime chance to secure a valuable asset. Proximity Highlights: Austin: 45 min south Georgetown: 20 min south Temple: 20 min north Salado Village: Minutes away, offering quaint local charm, shops, and dining Salado is experiencing unprecedented growth, driven by increasing demand for residential and commercial space along the I-35 corridor. As Austin and Georgetown continue their rapid expansion, properties like this, with direct access and development potential, are becoming rare. Secure your place in this high-growth region while you still can! Contact us today to schedule a viewing or for more details on how this property can fit your needs.

  • Property Details
      • Utility FeaturesElectricity Available, Water Available
      • Sewer InformationSeptic Needed
      • Elementary SchoolThomas Arnold
      • ViewPond, Pasture
      • Lot DescriptionAgricultural
      • School DistrictSalado ISD
      • Original List Price$1,850,100
      • Property TypePurchase
      • Taxes Annual$21,193
      • MLS #1343192
      • Cost1850100
      • MLS #1343192
      • Middle SchoolSalado
      • High SchoolSalado
      • Acres61.67
      • Property SubtypeRanch
      • Utility SourceWell
      • Subdivisionnone
      • CountyBell
      • Days on Market (Cumulative)44
      • Pool1

Location

Next Frontier RealtyReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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