Jones Lang LaSalle (“JLL”) is pleased to offer the unique opportunity to acquire the Ranch29 Development Tract (the “Property” or “Site”). The entirety of the acreage consists of ±42.68 acres, including a fully entitled, "shovel-ready" ±35.84-acre development Site as well as a ±6.84-acre C-3 zoned commercial tract in Liberty Hill, Texas—one of the fastest-growing suburbs in the northern part of the Austin MSA. Positioned just off the Highway 183A corridor along Highway 29, the Site is in the immediate path of growth, offering a developer a de-risked asset that bypasses the region's lengthy and uncertain entitlement process. The entire site is ±42.68 acres and includes ±6.84 acres located within the Liberty Hill Jurisdiction. The multifamily tract is slated for a 318-unit, market-rate community with a mix of studio, one-, two- and three-bedroom units averaging 923 SF. A buyer can proceed with phase 1 of the multifamily tract with phase 1 directly to permitting with full construction plan sets in hand and wet utilities available, saving significant time and cost. Furthermore, the sellers have negotiated a traffic mitigation agreement that permanently exempts the land from traffic impact analyses and associated fees, providing hundreds of thousands of dollars in direct cost savings. This is a rare opportunity to capitalize on the area's powerful growth by developing a premier residential community in a submarket with limited new, high-end supply.