$1,850,100
For Sale

Hill Road

Salado, TX 76571
Browse 41 photos
Type:Purchase
Structure:Farm
Zone:Residential

Description

Prime 60 Acre Development Opportunity in Salado
Discover a remarkable investment and development opportunity with 60 acres of premium land off Hill Rd in Salado. Located only minutes from I-35, this expansive property offers quick access to major cities including Austin, Georgetown, and Temple—ideal for development.
Key Features:
Strategic Location: Directly off I 35, placing you at the gateway to the booming Austin and Georgetown markets. Perfectly positioned for retail, commercial, multifamily, or residential community projects.
Natural Asset: The property includes a picturesque stock tank, adding natural beauty and potential for recreational use or water retention in development planning.
Growth Potential: Salado is rapidly evolving, with new infrastructure, commercial corridors, and residential expansions nearby. This property sits at the heart of the action, poised for high returns on development.
Investment Flexibility: Whether you’re looking at a mixed-use commercial complex, single-family or multifamily developments, or a retail center, this versatile land can accommodate your vision.
1031 Exchange Opportunity:
Capitalize on a 1031 Exchange before year-end to maximize your investment potential and defer capital gains taxes. With the upcoming tax changes and market dynamics, this is a prime chance to secure a valuable asset.
Proximity Highlights:
Austin: 45 min south
Georgetown: 20 min south
Temple: 20 min north
Salado Village: Minutes away, offering quaint local charm, shops, and dining
Salado is experiencing unprecedented growth, driven by increasing demand for residential and commercial space along the I-35 corridor. As Austin and Georgetown continue their rapid expansion, properties like this, with direct access and development potential, are becoming rare. Secure your place in this high-growth region while you still can!
Contact us today to schedule a viewing or for more details on how this property can fit your needs.

  • Property Details
      • ViewPond
    • Measurements
      • Acres61.67
  • Construction Details
      • Property TypePurchase
  • Utilities / Energy Details
      • Utility SourceNotConnected, WellNeeded, Well
  • Community and Neighborhood Details
      • School DistrictSalado ISD
      • CountyBell
  • Financial Details
      • Original List Price$1,850,100
  • Other
      • MLS #561859

Location

Doug Walther | EG RealtyReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00