$2,400,000

Delaware Springs is an entitled and platted single family development site of approximately 42.7 acres in the City of Burnet, bordering holes 4, 5 and 6 of the Delaware Springs Golf Course and less than a mile west of US 281. Two tracts of 26.085 and 16.610 acres per boundary survey carry a preliminary plat for Springside Estates with 79 residential lots, 58 quarter acre and 21 half acre, priced at roughly $30,380 per lot. Zoned R 1 single family residential. City of Burnet water, sewer and electric serve the quarter acre lots, half acre lots are planned on septic, electric is provided by Pedernales Electric Cooperative and cable internet is available. The site sits in Zone X outside the 100 and 500 year floodplains. Frontage on Delaware Springs Boulevard and Oak Vista Drive with Burnet Municipal Airport adjacent, mature trees throughout and Hill Country and golf course views. Recorded deed restrictions set quarter acre minimum lots, custom site built homes with at least 1,800 square feet of living space and at least half masonry exteriors, and 4 foot wrought iron fencing on golf course lots. Lots abutting the course also carry a recorded 25 foot greenbelt easement, a gas easement runs north to south through the tract, and the site falls under the LCRA Highland Lakes Watershed Ordinance. City of Burnet water and wastewater impact fees are set at plat recordation and collected at building permit or connection. Burnet anchors the Highland Lakes area roughly 50 miles northwest of Austin with schools, a hospital, a municipal airport and retail all inside the city. About 7 minutes to downtown Burnet, 11 miles to Marble Falls, 13 minutes to Longhorn Cavern State Park, 21 minutes to Inks Lake State Park and about 70 minutes to Austin Bergstrom. Burnet CISD. A rare chance to deliver finished golf course lots into a growing Hill Country market with the entitlement work already done. Buyer to independently verify all acreage, lot yield, zoning, restrictions, utility and floodplain information.