$2,800,000
For Sale

973 N Patterson Avenue

Florence, TX 76527
Browse 9 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Located in Florence ETJ, outside city limits, and in NW Williamson County, one of the fastest growing counties in Texas. Part of the “Texas Triangle,” also known as the “Texaplex,” a region that is connected by the state’s five largest cities known for it’s economic fortitude, highly educated workforce, optimized trade routes and cultural ties. It's an easy commute to booming economic centers: Georgetown (19), Liberty Hill (20), Leander (25), Hutto/Samsung Megasite (29), Austin/Domain (38), and Downtown Austin (46). Access and location qualify the site as a competitively priced asset with the potential to capitalize on present and future supply chain needs and the ensuing economic expansion driven by growth in technological and logistics industries in surrounding submarkets. The property is positioned at the hard SW corner of a four-way intersection boasting approximately 3540’ of total road frontage on two sides (±2300’ on SH-138 and ±1240’ on N. Patterson) and it is only 0.5mi to the on/off ramp of the busy Highway 195 trade route (24,360 AADT). Williamson County’s long term transportation plan (Corridor J) calls for an expansion of SH-138 from SH-183 all the way to IH-35 in Jarrell. The land is located within the Georgetown Municipal Water CCN with lines spanning the length of the North and East boundaries - a 12” line along SH-138 and an 8” line along N. Patterson. Georgetown’s Capital Improvement Plan projects an expansion to the SH-138 12” to become a 16” line with work beginning 2025. There is also an older well on site. There is a city wastewater line only 0.25miles to the south, however, being in the ETJ, there is presently no public WW service provided to the site. PEC electric lines also run the length of the road frontage with lines and a power meter on site. Buyer to verify municipal regulations pertaining to annexation into city limits to secure WW services as well as overall utility capacity and location as it pertains to specific development needs.

  • Property Details
      • Lot DescriptionAgricultural, Corner Lot, Native Plants, Open Lot, Few Trees
      • Utility FeaturesElectricity Available, Water Available
      • SubdivisionJosephus Hornsby Surv Abs #285
      • Property SubtypeUnimprovedLand
      • Sewer InformationPublic Sewer
      • Utility SourcePublic, Well
      • School DistrictFlorence ISD
      • CountyWilliamson
      • Original List Price$2,800,000
      • Property TypePurchase
      • Elementary SchoolFlorence
      • Middle SchoolFlorence
      • High SchoolFlorence
      • MLS #7270860
      • Cost2800000
      • MLS #7270860
      • ViewRural
      • Acres72.3
      • Taxes Annual$380
      • Days on Market (Cumulative)344

Location

The Legacy 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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annually
$
monthly

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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