Explore a prime development opportunity in Burnet, Texas. This property offers great potential for new construction or maintaining current mobile and RV lots. It includes water and city sewer facilities, making it ready for possible development.
The site can currently accommodate up to four RVs at $510 per month and has four mobile homes rented below market value to long-term tenants on month-to-month leases.
Additional features include a 2200 square foot barn-workshop, two water wells, covered parking, and a shed. Located in the Burnet ETJ bordering the city limits, the property faces fewer restrictions and is close to new developments with homes valued at $300K-$400K+.
This is an excellent investment chance for those looking to enhance revenue with a modern plan. The owners are retiring, making this the perfect time to invest in Burnet's growth. Contact us to visit this unique property.
Property Type :
Residential
Subdivision :
Castleberry
County :
Burnet
Style :
Residential
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ByOwner last updated this listing 05/15/2024 @ 11:20
MLS: 437511835
LISTED BY: Derek Buckler, Urban Heights Realty LLC
SOURCE: NTREIS - North Texas Real Estate Information
Buyer Agency Compensation: 3%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
