13.56 Acres in Buda, TX - $4,500,000

UPDATE: The Seller recently had a geology study conducted to remove the Edwards Aquifer Recharge Zone restrictions on impervious cover. Utilities UPDATE: Buda has committed to have water and sewer service extended to the property in the next two years. Existing sewer and water is approximately half mile away on Old Black Colony Rd. Zoning: The property is unrestricted and sits in Budas ETJ. One of the ponds is listed as a wetland. Property Taxes: The property is currently appraised as Ag exempt under the 1d1 Open space tax valuation. Taxes in 2021 were $6,343. Hays County is the fastest growing county in North America, with 53% growth from 2010-20, according to U.S. census data. Buda and Kyle have nearly doubled in size during this time and average annual household income has grown nearly 7% annually

FM 1626 runs south from 45 SW Toll Road and Mopac, to Kyle, TX and IH 35 at Kyle PKWY. Cole Springs Rd is scheduled to be extended to the west and improved from the east as part of Budas Transportation & Mobility Master Plan, making this property a strategic intersection investment.

Location:

The property is located at the NE corner of FM 1626 and Cole Springs Rd. in BUDA, TX. It is just one mile south of FM 967, 2 miles north of Jack C. Hays Tr, 4.3 miles from Downtown Buda, 3.9 miles to 45 SW Toll, and 18 miles to downtown Austin. *The entrance to the 11 acres is owned by Montesori School.

Improvements:

There are two structures on the property. The primary improvement is a nice 1,334 sqft home that was built in 1995, which is currently rented monthly. There is also a pole barn shed that covers an RV. The RV does not convey with the property.

Utilities:

The property currently has one water well, and two septic systems. City of Buda sewer and water are located approximately half mile away on Old Black Colony Rd.

Zoning:

The property is unrestricted and sits in Budas ETJ.

It is located over the Edwards Aquifer Recharge Zone.

One of the ponds is listed as a wetland.

Property Taxes:

11 acres of the property is currently appraised as Ag exempt under the 1d1 Open space tax valuation. Total taxes in 2021 were as followed: 11 acres @ $34.03, 1/2 acre with RV @ $896.39 & the rent house at 8,000.66

Showing Instructions:

Buyers or Buyers agents need to notify the Listing Agent prior to showings. Do not go without an appointment.

Notice to Buyers Agents:

Buyer Agent must make first contact and be present for all showings in order to qualify for a full commission. If this condition is not met, fee participation will be at the sole discretion of the Listing Broker and/or its associates.

Legal Descriptions:

R10179, A0001 PHILLIP J ALLEN SURVEY, ACRES 2.02

R141043, A0001 PHILLIP J ALLEN SURVEY, ACRES 11.0634

R10009, A0001 PHILLIP J ALLEN SURVEY, ACRES 0.48

Links:

Buda Transportation and Mobility Masterplan: [link removed]

Disclaimers:

The information contained herein has been gathered from sources deemed reliable; however, the Mock Ranches 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.