Rare 152-Acre Development Opportunity in Rapidly Growing Belton, Texas This approximately 152-acre tract on Elm Grove Rd in Belton offers an exceptional development opportunity in one of Central Texas’ fastest-growing communities. A current development approach envisions approximately 120 residential lots, creating the potential for a substantial new community in a market experiencing continued growth and demand. Preliminary projections indicate individual finished lots could potentially be valued from approximately $400,000 to $1,000,000 each, depending on location, size, amenities, and final development plans. A major highlight is the property’s Lampasas River frontage, with approximately eight potential riverfront homesites. These premium lots could provide a highly desirable waterfront amenity and significant additional value to the development. The property also includes a small one-bedroom home that needs work and a large outbuilding, offering existing improvements with potential utility during the development process. Located in Belton with convenient access to Temple, Salado, Georgetown, Austin, and major Central Texas employment corridors, the property combines development potential with a desirable location and natural setting. With approximately 152 acres, a development approach for 120 homesites, potential lot values of $400,000–$1,000,000 each, and rare Lampasas River frontage, 4170 Elm Grove Rd presents a compelling opportunity for developers, builders, and investors seeking a significant Central Texas development tract. Development approach, lot count, density, lot values, utilities, access, and feasibility are subject to verification and applicable governmental approvals.
Property Details
- Cooling
- 1
- Cooling Features
- Electric
- Bedrooms
- 1
- Bathrooms
- 1.0
- Full Baths
- 1
- View
- Park Greenbelt,Panoramic,Pond,Pasture,River,Trees Woods
- Lot Features
- Farm, Gentle Sloping, Level, Native Plants, Private, Many Trees, Trees Large Size, Trees Medium Size, Trees Small Size, Views
- Lot Description
- Farm, Gentle Sloping, Level, Native Plants, Private, Many Trees, Trees Large Size, Trees Medium Size, Trees Small Size, Views
- Acres
- 0.004
- Lot Size (sqft)
- 159.628
- Parking Features
- Paved
- Parking Spaces
- 5.0
- Property Type
- Purchase
- Property Subtype Additional
- Farm
- Year Built
- 2011
- Utility Source
- Well
- Utility Features
- Electricity Available, Water Available, Sewer Not Available
- Appliances
- See Remarks
- School District
- Belton ISD
- Elementary School
- Hubbard Branch
- Middle School
- Belton
- High School
- Belton
- County
- Bell
- Region
- Belton
- Original List Price
- $10,999,000
- Days on Market (Cumulative)
- 1
- Taxes Annual
- $1,481
- MLS #
- 3226630
- Property Subtype
- Other
- Waterfront
- 1
- Fence
- 1
- Parcel Number
- 0443350001
- MLS #
- 3226630
- Waterfront Type
- Pond, River Front
- Property Condition
- Resale
- Date Listed
- September 01, 2026
- Address
- 4170 Elm Grove Road
Location
Legal
Based on information submitted to the MLS GRID as of 2026-09-01T16:47:43Z UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Based on information from the Austin Board of REALTORS®. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided "AS IS" and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
Provided By
Listed by Tosha Ballard (#676761)
Listing Office: RELIVE REALTY LLC (#705330)
