973 N Patterson Ave

This unrestricted, ag-exempt 72.3AC tract right outside the city of Florence is primed for a future development/investment site with its centralized location to major trade hubs within the Texas Triangle, low carrying cost, ample road frontage, access to major trade routes and proximity to utilities.

Property Key Facts:

• Legal Description: AW0285 AW0285 - Hornsby, J. Sur., ACRES 72.3
• Parcel ID: R010020
• Proximity: Georgetown (19); Liberty Hill (20); Leander (25); Hutto (29); Austin/Domain (38); Downtown Austin (46)
• Location/Jurisdiction: Florence, Williamson County, TX - Florence ETJ; Outside of city limits
• Access: ±2300’ of frontage on SH138 and ±1240 along SH195. ±0.5 miles to SH195 on/off ramp (24,360 AADT). Two permitted TxDot entrances.
• Public and Private Utilities:
  • Water: Within City of Georgetown CCN. 12” line along CR138 & 8” line along N. Patterson Ave. Old well on site. Trinity Aquifer
  • Sewer: City of Florence WW terminates ±0.25 mi south at int. of N. Patterson and E. Tomlinson. City WW unavailable unless a subdivision is annexed out of ETJ into city limits.
  • Electric: Overhead PEC lines along length of road frontage.
  • *Buyer to verify public utility capacity for specific development needs
• School District: Florence ISD
• Restrictions: No known seller/deed imposed restrictions
• Topo: Flat to gentle roll (±1000’ to ±1020’)
• Tree Coverage: Minimal clearing required. Mostly cleared, improved pasture
• Taxes / Ag Exemptions: AG Exemption (wildlife); Tax Rate (1.75); 2022 Tax ($316.09)
• Available Documents: Survey, Prelim. Title Commitment, Phase I, Conceptual Site Plan

LOCATION: This tract is fortunate to be located in Florence ETJ, outside city limits, and in NW Williamson County, one of the fastest growing counties in Texas. It is also a part of the “Texas Triangle,” also known as the “Texaplex,” a region that is connected by the state’s five largest cities known for it’s economic fortitude, highly educated workforce, optimized trade routes, and cultural ties. It is an easy commute to booming economic centers such as Georgetown (19), Liberty Hill (20), Leander (25), Hutto/Samsung Megasite (29), Austin/Domain (38), and Downtown Austin (46). Access and location qualify the site as an competitively priced asset with the potential to capitalize on present and future supply chain needs and the ensuing economic expansion driven by growth in technological and logistics industries in surrounding submarkets.

ACCESS: The property is positioned at the hard SW corner of a four-way intersection boasting approximately 3540’ of total road frontage on two sides (±2300’ on SH-138 and ±1240’ on N. Patterson) and it is only 0.5mis to the on/off ramp of the busy Highway 195 trade route (24,360 AADT). Williamson County’s long term transportation plan (Corridor J) calls for an expansion of SH-138 from SH-183 all the way to IH-35 in Jarrell.

UTILITIES: The land is located within the Georgetown Municipal Water CCN with lines spanning the length of the north and east boundaries - a 12” line along SH-138 and an 8” line along N. Patterson. Georgetown’s Capital Improvement Plan projects an expansion to the SH-138 12” to become a 16” line with work slated to begin in 2025. There is also an older well on site. There is a city wastewater line only 0.25miles to the south, however, being in the ETJ, there is presently no public WW service provided to the site. PEC electric lines also run the length of the road frontage with lines and a power meter on site. Buyer to verify municipal regulations pertaining to annexation into city limits to secure WW services as well as overall utility capacity and location as it pertains to specific development needs.

LAND ATTRIBUTES: The land itself is comprised mostly of flat to gently rolling improved pasture land suited for grazing. It has been largely cleared of trees with the exception of a tree line along the perimeter to preserve privacy. The price per acre has been adjusted to reflect that Salado Creek bed, a seasonal creek, runs through the property resulting in a portion of the land residing in the 100yr floodplain (see survey).

ADDITIONAL INFORMATION:

• Documents available upon request: Boundary survey, a preliminary title commitment, a conceptual development plan, Geological Study and Phase 1

For additional information pertaining to this property or to inquire about any additional on or off market offerings, please contact listing associate, Reid Barry, at [email protected] or (512)867-5988.