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lot 83c applehead island drive

Horseshoe Bay, TX 78657

$499,000

0.31 AC LOT
N/A
Image 1
Acreage 0.32
Status Off Market
MLS # 133180
County Horseshoe Bay
More Info
Category N/A
Status Off Market
Acreage 0.32
MLS # 133180
County Horseshoe Bay
THIS MAY BE THE BEST DEAL ON HSB's LAKEFRONT -- TWO DEVELOPMENT OPPORTUNITIES FOR THE PRICE OF ONE!!! The much larger than normal lot (1/3 acre) is an ideal spec home site PLUS can provide lake access to the nice home on Lot 5 by merely carving off a readily expendable sliver. Moreover, this can be done while satisfying Lot 5's craving for lake access (see Documents). NOTE: 83C IS VERY FAVORABLY PRICED AT $499,000 considering no lot has sold on the Island for less that $400,000 in the past seven years AND the fact that a mere sliver of it can provide lake access and add significant value to Lot 5. So in addition to being attractively priced for building purposes, providing lake access to Lot 5 can be additionally rewarding. MOREOVER, as of this date, the Island's least expensive available home is priced at $1,600,000 & no Island home has sold in the past five years for less than a "T" lot home going for $1,050,000, indicating there's considerable room for an investor/builder to make a significant additional return by buying Lot 5, and re-platting 83C to provide Lot 5 with lake access, and then selling lake accessible #5 for what should be nice profit. The lot is treed with six century-old Oaks and can be developed while saving all but one.
Location not available

Exterior Features

  • Style N/A
  • Construction N/A
  • Exterior N/A
  • Roof N/A
  • Garage No
  • Garage Description N/A
  • Water N/A
  • Sewer N/A
  • Lot Dimensions see plat
  • Lot Description N/A

Interior Features

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  • Heating N/A
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  • Basement N/A
  • Fireplaces Description N/A
  • Stories N/A

Neighborhood & Schools

  • Subdivision Applehead Islnd
  • School Disrict Marble Falls

Financial Information

  • Zoning N/A

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