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$ 585,000
Est. payment /mo
Pending
TBD Fm 707 38.37 Acres Abilene, TX 79606
38.37 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Unimproved Land
Listing Status Pending
Purchase Type For Sale
Subdivision William E Vaughn Surv #104 Abs
MLS Listing ID 20900916
Annual Tax Amount $6,889
Lot Size 38.370 Acres
Acres 38.37
Property Sub-Type Unimproved Land
Property Description
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
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
Location
State TX
County Taylor
Zoning R56
Direction From Buffalo Gap Rd, Go East on Fm 707, turn right into CapRock RIdge on White BLVD, go straight onto dirt road behind sub division
Exterior
Utilities Available Electricity Available
Garage No
Building
Lot Description Hilly
Others
Ownership SEE CAD
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Special Listing Condition Aerial Photo

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Listed by Brandi Smith • RE/MAX Big Country