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Tomas Ochoa
Pro Member
  • Realtor
  • San Antonio, TX
14
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123
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Off market PUD in Georgetown Texas available below market value.

Tomas Ochoa
Pro Member
  • Realtor
  • San Antonio, TX
Posted Mar 13 2024, 17:51

This 403-acre next generation master planned green community is located in Williamson County which is one of the hottest real estate markets in the US. This site is near the $200B Samsung campus development. The developer has a single-family residential concept approved with a $300M Infrastructure bond approved for utilities drainage, roads and parks/recreation.

The project is MUD and bond approved for a PUD.

This next generation green master planned community is proposed for:

- multifamily

- townhomes

- single-family units

in addition to community supporting features.



December 2023
Appraised $120,340,000

Sales Comparison Approach $96,600,000

Income Capitalization Approach $129,500,000

Reconciled $120,000,000

Available now for only $89,000,000

A few keys elements:

- Located in an Opportunity Zone

- Green Community Incentives

Hypothetical Retail Market Value - As If Complete - Multifamily Individual Site Value Fee Simple @ $30,000 = $76,920,000

Hypothetical Retail Market Value - As If Complete - Townhome Site Value Fee Simple @ $110,000 = $109,120,000

Hypothetical Retail Market Value - As If Complete - Single Family Site Value Fee Simple @ $140,000 = $36,120,000

Aggregate Retail Total $222,160,000

Site plan concepts available for the following options:

Option 1 - Approved MUD Residential Site Plan

Option 2 - Mixed-Use Residential

Option 3 - Alternate SH 29 Highway expansion and mix use

Option 4 - Alternate SH 29 Highway expansion and innovation district

Call me for more details.

Call Nacole Ricks

956-207-0456

956-607-8585

Offering
Austin, Texas