Calbert Farms Commercial

This is the best commercial location in the growing Ausin/Burnet area. A former thoroughbred farm, this very scenic tract of land lies just north of the Hwy 29 and Hwy 281 intersection, the subject tract is found at the NW corner of Hwy 281 and Burnet CR 108.

This intersection is controlled by traffic lights and has a protected left turn lane and signal. Highway frontage is in excess of 2,700 feet and this intersects with CR 108 which in itself has 3,300 feet of paved road frontage. According to TxDot officials, the traffic count through this intersection exceeds 12,800 cars per day.

The property exhibits a gentle and scenic roll but does not result in any unusable areas. Covered in Coastal Bermuda grass, there are several ponds and a scattering of Live Oak trees, the property is fully fenced.

The property does not appear to lie in the Flood Hazard Zone per FEMA Map No. 48053C2...

The property does not appear to lie in the Flood Hazard Zone per FEMA Map No. 48053C231-C dated 11/16/90. There are several tasteful and functional improvements on the property, the principal one being a 3,400 sq. ft. ICM barn on a concrete slab that can serve as commercial rentable area, or be incorporated into a development plan.

The barn is properly sited on the tract and is accessed by a decorative gated entry that is tree lined and fully landscaped. There two wells located on the property, the larger being a 7 irrigation well with a 3 phase 5hp submergible pump set at 168 and a 6 residential service well supplying the barn and pens. There are 3 phase power and city utilities on site and a buried natural gas transmission line cuts across one corner.

A small portion of the property is the City Limits of Burnet and the balance in the ETJ, from a property tax standpoint the land is classified as 1-D-1 Open Space (Ag Exempt).

Aside from an investment hold strategy, some realistic proposed uses for the property would include hotel & dining/retail center, warehouse/industrial complex, mixed use residential development, car dealership, truck stop, an organic farm & packing facility, a vineyard or thoroughbred & equestrian farm.

The City of Burnet is the local municipality, with a population over 6,000 residences and serves as the County Seat. The area includes the City Marble Falls and the City of Horseshoe Bay which offers a full array of goods and services including golf, country clubs, and resort living and lake recreation. There is a chain of 5 man-made lakes minutes away called the Highland Lakes which attracts another 40,000+ area residences and equal number of visitors each year.

The city of Burnet operates a municipal airport, as does Horseshoe Bay, which can handle jet traffic and offers hanger space, fuel sales and FBO operations. Less than one hour away is Bergstrom International Airport and Austin Executive Airport in addition to all the conveniences and attractions of the City of Austin. Priced very competitively and offered as a single tract for a cash or a conventionally financed transaction.

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