Premium Development Opportunity - Caprock Ridge Subdivision (Phase Two) Presenting a prime 38.37-acre potential development tract situated in the highly desirable Caprock Ridge community. Pre-liminary Plat approved for a second-phase subdivision development, this expansive parcel offers the potential for 89 residential lots, ideally positioned for future builders and investors. Upon completion, these builder-ready lots are projected to individually sell between $50,000 and $55,000, providing an exceptional investment opportunity. Located conveniently near major thoroughfares, this property ensures easy access and attractive prospects for future homebuyers. Engineering and architectural planning are actively underway by a reputable engineering firm, ensuring the project’s readiness for swift advancement to completion. Utilities have ample capacity to support the development, with infrastructure installation pending. With preliminary plans in place and a clear path to groundbreaking, this site presents a compelling opportunity for strategic investors or developers aiming for a profitable and efficient turnaround. Contact us today for additional details, comprehensive property information, interactive maps, and aerial views to fully explore the potential of this exciting subdivision project
MLS# | 20900916 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Pending |
Days On Site | 6 |
Listing Provided By | RE/MAX Big Country | Brandi Smith |
Zoning | R56 |
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Acreage | 38.37 |
State | TX |
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County | Taylor |
City | Abilene |
Zip Code | 79606 |
Area | Taylor |
Community Name | William E Vaughn Surv #104 Abs |
Listing VS Median (In William E Vaughn Surv #104 Abs) | |
Price: $585,000 low | high Med: $0 On site: 6 low | high Med: |