$2,030,000

Delaware Springs is an entitled single family development site of approximately 26.09 acres in the City of Burnet, less than a mile west of US 281. The tract carries a preliminary plat for Springside Estates with 58 residential lots, priced at $35,000 per lot. Zoned R 1 single family residential. City of Burnet water, sewer and electric are planned to serve the lots, electric is provided by Pedernales Electric Cooperative and cable internet is available. The site sits in Zone X outside the 100 and 500 year floodplains, with mature trees throughout and Hill Country and golf course views. Recorded deed restrictions set quarter acre minimum lots, custom site built homes with at least 1,800 square feet of living space and at least half masonry exteriors, and 4 foot wrought iron fencing on golf course lots. Lots abutting the course also carry a recorded 25 foot greenbelt easement, and the site falls under the LCRA Highland Lakes Watershed Ordinance. City of Burnet water and wastewater impact fees are set at plat recordation and collected at building permit or connection. Burnet anchors the Highland Lakes area roughly 50 miles northwest of Austin with schools, a hospital, a municipal airport and retail all inside the city. About 7 minutes to downtown Burnet, 11 miles to Marble Falls, 13 minutes to Longhorn Cavern State Park, 21 minutes to Inks Lake State Park and about 70 minutes to Austin Bergstrom. Burnet CISD. A rare chance to deliver finished lots into a growing Hill Country market with the entitlement work already done. Buyer to independently verify all acreage, lot yield, zoning, restrictions, utility and floodplain information.