13901 W FM 1431, Kingsland, TX 78639 - MLS#5091230

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Elaine Hebert

elaine@austin21.com +1(512) 784-2696

$3,299,000

Est. payment - /mo

11,000 SqFt

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Key Details

Property Type Commercial

Sub Type Retail

Listing Status Hold

Purchase Type For Sale

Square Footage 11,000 sqft

Price per Sqft $299

Subdivision Kingsland Cove

MLS Listing ID 5091230

Year Built 1976

Annual Tax Amount $15,794

Tax Year 2023

Lot Size 2.650 Acres

Acres 2.65

Property Sub-Type Retail

Source actris

Property Description

Trophy property in prime location with potential for Lake LBJ views is ready for re-development. No zoning, current county land use is Commercial. Water frontage on Mill Creek with Lake LBJ access, 10 deeded boat slips, and private boat launch. 547' of frontage on FM 1431 with traffic counts over 11,000 vehicles daily. There are 6 metal buildings on the property ranging from 900 to 4500 sf, numerous canopies, and a boat lift. Lot is fully fenced and gated. Consider condos with a new channel cut for under-unit boat docks, or multi-family with common marina/boat docks.

Ideal location and size for redevelopment into residential with Lake LBJ access.

Lake LBJ is a constant-level reservoir above Wirtz Dam on the Colorado River and part of the Highland Lakes chain. President Lyndon Johnson and family enjoyed their home on the lake during and after his time in the White House. Today, the shoreline surrounding Lake LBJ is highly developed, with miles of lakeshore homes and boat houses.

Location

State TX

County Burnet

Area Bu

Zoning Commercial

Interior

Heating None

Cooling None

Flooring Concrete

Fireplace N

Exterior

Utilities Available Above Ground, Electricity Connected, Sewer Connected, Water Connected

View Bridge(s), Canal, Lake, Marina, River, Water

Accessibility None

Total Parking Spaces 50

Building

Story 1

Foundation Slab

Sewer Public Sewer

Water MUD

Structure Type Metal Siding

New Construction No

Others

Restrictions Deed Restrictions

Acceptable Financing Cash, Committed Money, Conventional, SBA

Tax Rate 1.4754

Listing Terms Cash, Committed Money, Conventional, SBA

Special Listing Condition Standard

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Listed by Compass RE Texas, LLC • Jeffrey Schnabel

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Elaine Hebert

+1(512) 784-2696

Agent | License ID: 603095

Agent License ID: 603095

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13901 W FM 1431 Kingsland, TX 78639

Elaine Hebert

Key Details

Location

Interior

Exterior

Building

Others

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