973 North Patterson Avenue, Florence, TX 76527 - Williamson County

This unrestricted, ag-exempt 72.3AC tract right outside the city of Florence is primed for a future development/investment site with its centralized location to major trade hubs within the Texas Triangle, low carrying cost, ample road frontage, access to major trade routes and proximity to utilities.

Investment Highlights:

* Legal Description: AW0285 AW0285 - Hornsby, J. Sur., ACRES 72.3

* Parcel ID: R010020

* Proximity: Georgetown (19); Liberty Hill (20); Leander (25); Hutto (29); Austin/Domain (38); Downtown Austin (46)

* Location/Jurisdiction: Florence, Williamson County, TX - Florence ETJ; Outside of city limits

* Access: 2300 of frontage on SH138 and 1240 along SH195. 0.5 miles to SH195 on/off ramp (24,360 AADT). Two permitted TxDot entrances.

* Public and Private Utilities:

* Water: Within City of Georgetown CCN. 12 line along CR138 & 8 line along N. Patterson Ave. Old well on site. Trinity Aquifer

* Sewer: City of Florence WW terminates 0.25 mi south at int. of N. Patterson and E. Tomlinson. City WW unavailable unless a subdivision is annexed out of ETJ into city limits.

* Electric: Overhead PEC lines along length of road frontage.

* *Buyer to verify public utility capacity for specific development needs

* School District: Florence ISD

* Restrictions: No known seller/deed imposed restrictions

* Topo: Flat to gentle roll (1000 to 1020)

* Tree Coverage: Minimal clearing required. Mostly cleared, improved pasture

* Taxes / Ag Exemptions: AG Exemption (wildlife); Tax Rate (1.75); 2022 Tax ($316.09)

* Available Documents: Survey, Prelim. Title Commitment, Phase I, Conceptual Site Plan

LOCATION:

This tract is fortunate to be located in Florence ETJ, outside city limits, and in NW Williamson County, one of the fastest growing counties in Texas. It is also a part of the Texas Triangle, also known as the Texaplex, a region that is connected by the states five largest cities known for its economic fortitude, highly educated workforce, optimized trade routes, and cultural ties. It is an easy commute to booming economic centers such as 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 an 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.

ACCESS:

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 0.5mis to the on/off ramp of the busy Highway 195 trade route (24,360 AADT). Williamson Countys long term transportation plan (Corridor J) calls for an expansion of SH-138 from SH-183 all the way to IH-35 in Jarrell.

UTILITIES:

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. Georgetowns Capital Improvement Plan projects an expansion to the SH-138 12 to become a 16 line with work slated to begin in 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.

LAND ATTRIBUTES:

The land itself is comprised mostly of flat to gently rolling improved pasture land suited for grazing. It has been largely cleared of trees with the exception of a tree line along the perimeter to preserve privacy. The price per acre has been adjusted to reflect that Salado Creek bed, a seasonal creek, runs through the property resulting in a portion of the land residing in the 100yr floodplain (see survey).

ADDITIONAL INFORMATION:

* Documents available upon request: Boundary survey, a preliminary title commitment, a conceptual development plan, Geological Study and Phase 1

* Taxes: under a wildlife ag exemption resulting in significantly reduced taxes/carrying costs (2022 Taxes: $316)

* Preferred Title Company: Capital Title of Austin; Attention to Escrow Officer: Michelle Kruse at (830) 312-0212, 1810 S. Mopac Expressway Suite 250 Austin, TX 78746

For additional information pertaining to this property or to inquire about any additional on or off market offerings, please contact listing associate, Reid Barry, at (512)867-5988.

*Buyer Disclaimer: The information contained herein has been gathered from sources deemed reliable; however, TexasLand, a group at Keller Williams Realty and its associates, members, agents and employees cannot guarantee the accuracy of such information. No representation is made as to the possible investment value or type of use. Prospective buyers are urged to verify all information to their satisfaction and consult with their tax and legal advisors before making a final determination. Real Estate buyers are hereby notified that properties in the States of Texas are subject to many forces and impacts, natural and unnatural; including, but not limited to weather related events, environmental issues, disease (e.g. Oak Wilt, Chronic Wasting Disease, or Anthrax), invasive species, illegal trespassing, previous owner actions, actions by neighbors and government actions. Prospective buyers should investigate any concerns to their satisfaction.