lot n1001c n horseshoe bay

This 2.00-acre tract is HSB's LAST undeveloped lakefront Townhome lot -- PRECLUDING NEW COMPETITION. Moreover, no more than Limited Competition can be expected from HSB's huge inventory in this highly popular market because HSB's lakefront Townhome lots were largely built before 1987 and average an outdated being 35-40 years of age. The well located lot, being in preferred eastern half of HSB's core, nearest Marble Falls & Austin, qualifies it not only for HSB's 2nd home market, but also for commuters working southeast Austin's metro. Its lakefront, which is walled off with 470' of newly installed bulk heading, has the preferred eastern exposure plus a 2½-mile deep view of Open Water and will sell for best offer above $1,295,000 (a 46\\% discount from Burnet County Appraisal District's current Market Value of $2,403,800), amounting to about $108,000 per building site when configured for 12 Townhomes, but as many as 16 could be built. In addition to these competitive advantages, the site is Spring-fed, thriving in midst of Lake LBJ's cleanest/freshest water -- a huge plus for those who enjoy swimming/fishing and why the cove is HSB's only one where lake trampolines are featured or where Tournament Quality fishing is also available off ones' lakeside deck. For said reasons, we expect well planned and newly built 3,200 SF units to sell for $1,350,000+/- by early 2019, leaving plenty of room for Developer to profit handsomely.