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2155 Tower Road/1900 Cross Creek Rd. Georgetown, TX 78628

$25,815,720

About

This offering is a once in a generation luxury ranch or residential/mixed use development opportunity. Accessed via secluded and meandering Tower Rd from Ronald Reagan Boulevard, 2155 Tower Rd sits on top of the highest point in Williamson County. This trophy asset consists of almost one thousand acres (999.33) and features rolling topography, natural springs, hardwood trees, and over 1.5 miles of frontage along the Army Corps of Engineers land surrounding Lake Georgetown, which houses the Lake Georgetown San Gabriel River Trail. Additionally, the site fronts the planned route for an arterial connector between Highway 29 and Ronald Reagan Blvd. The route will run along Cross Creek Rd from Highway 29, intersect with Tower Rd, and continue North to Ronald Reagan. The long range transportation plan for Williamson County calls for the timing of the arterial connector to be development driven. A development of this scale is likely to trigger this connector route to become a priority with the county. This rare opportunity has potential for immediate development, long term land banking, or as a trophy ranch with stunning vistas, and over a mile and a half of frontage on waterfront federal land. It has excellent appreciation potential due to its location in the ETJ of the fifth fastest growing US City (population 50k or more) for July 2015 to July 2016 according to the Census Bureau's 2017 Press Release. 2155 Tower Road Site

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Availability

The offering consists of two tracts, which may be purchased together or individually:

Tract 1 (2155 Tower Rd): Consists of 721.98 acres and is offered at $18,049,500 ($25,000/acre). It has higher elevation, significant Army Corps land frontage, and egress from Tower Road. Located in the Georgetown ETJ and currently AG Exempt for native pasture.

Tract 2 (1900 Cross Creek Rd): Consists of 277.34 acres and is offered at $7,765,520 ($28,000/acre). It has almost completely level topography allowing for greater development density than Tract 1, and egress from Cross Creek Rd. Located in the Georgetown ETJ and currently AG Exempt for native pasture.

  • Includes 2 Tracts
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