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FM 3405
Georgetown, TX 78633

+/-335.84 Acres - Georgetown · Land For Sale · 335.84 AC

Executive Summary

Property is located 38 miles north of Downtown Austin (Austin MSA).

PROPERTY FACTS Under Contract

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Master Planned Community
  • Single Family Development
Total Lot Size 335.84 AC

1 Lot Available

Lot

Lot Size 335.84 AC

Description

The Ragsdale Ranch MUD is located approximately 38 miles north of Downtown Austin in Georgetown, Texas (Williamson County). The community is approximately 3.0 miles east of US-183 and 12.0 miles west of I-35. The Property is accessible via FM 3405. With proximity to US-183, Ronald Reagan Boulevard, and Highway 29, this location offers excellent connectivity to significant local services and employment centers in Williamson and Travis counties (Georgetown, Cedar Park, Leander, etc.). The Property is located within a high growth market area in the Austin MSA. The Competitive Market Area (CMA) for the Subject Property (portions of Georgetown, Liberty Hill, Leander, and Florence) continues to rapidly expand. Between 3Q18 and 3Q21, annual new home starts increased from 1,943 to 5,051 starts (160%increase). The CMA currently accounts for 18.9% of total new starts in the Austin MSA. Upon completion, the Ragsdale Ranch MUD is planned to include roughly 1,200 single-family homes on 40’ wide, 50’ wide and 60’ wide lots. In addition to residential development, plans for the community include land dedicated to trails, open space, amenities, and detention/ponds.

zoning

Zoning Code OCL
OCL
  • Listing ID: 25958504

  • Date on Market: 2022-06-17

  • Last Updated:

  • Address: FM 3405, Georgetown, TX 78633

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