State Highway 71, Horseshoe Bay, TX 78657

20 Acres of Commercial Land Offered at $5,500,000 USD in Horseshoe Bay, TX 78657

Asking Price $5,500,000

Property Type
Land
Square Feet
871,200 SF

Listing Contacts

Joshua Smith

Property Overview

ABOUT THE PROPERTY:
-- Located within Horseshoe Bay city limits
-- Hard NW corner of a 3-way intersection with traffic lights
-- Utilities include Horseshoe Bay city water, sewer, and PEC electric
-- There are no building improvements on the property, offering a blank slate for desired intended use
Three separate tracts totaling approximately +/-20 acres
(1) 10.058 acres zoned A-1
• Approximately +/-945 feet of Highway 71 frontage
(2) 6.390 acres zoned R-1
• Accessed from FM 2147
(3) 4.2 acres zoned C-2
• Approximately +/-725 feet of FM 2147 frontage
LOCATION:
City: Horseshoe Bay
County: Llano
Market: Austin
Submarket: Marble Falls / Horseshoe Bay
• 4 miles to main entrance of Horseshoe Bay Resort
• 7 miles to Marble Falls, TX
• 30 miles to Llano, TX
• 54 miles to Austin, TX
ABOUT THE IMMEDIATE AREA:
Horseshoe Bay & Lake LBJ:
-- The City of Horseshoe Bay is home to and anchored by the renowned Horseshoe Bay Resort offering world class amenities located on Lake LBJ.
-- The 400 room Horseshoe Bay Resort is comprised of amenities such as, but not limited to: 4 championship golf courses, restaurants, shoreline club, spa/health club, 6,000 ft runway private airstrip, private membership, and many more.
-- Horseshoe Bay Resort has been constantly expanding since the inception of its development in 1971 and has shown no signs of slowing down any time soon.
-- Lake LBJ is one of the three most upstream lakes a part of the series of Highland lakes that eventually feeds into Lake Austin.
-- LBJ’s body of water stays at constant level (compared to the majority of other lakes in Texas that do not) attracting thousands of lake house homeowners and vacationers throughout the year.
Marble Falls:
-- Horseshoe Bay’s neighboring town, Marble Falls, TX, has been on the radar of developers for the past few years due to its fast-paced growth.
-- This growth is due to increase in subdivisions, influx of high-net-worth individuals, and being a considered a “middle market” located NW of Austin, TX.
-- Retailers such as Academy Sports & Outdoors, TJ Maxx, and Michaels are among a few of the big tenant names that are posed to have a presence in one of the new proposed developments in Marble Falls.
-- Multiple mixed use, residential, and commercial development projects are currently permitted or are being proposed at the US281 / SH71 intersection which is less than 7 miles east of the subject property’s location.

Property Details

Property Subtype
Commercial

Highlights

  • Hard corner intersection that serves as the gateway into Horseshoe Bay, TX
  • Blank slate with existing utilities in place
  • Located within Horseshoe Bay city limits

All available spaces

Space
Lot 1
Size
871,200 SF
Price
$5,500,000

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