Executive Summary
Welcome To An Unprecedented Commercial Investment Opportunity In One Of The Fastest-Growing Corridors In Central Texas. Boasting Just Shy Of 1,000 Feet Of Prime FM 1660 Road Frontage, This 24+/- Acre Ag-Exempt Property Is Perfectly Positioned Just Minutes From The Massive New Samsung Semiconductor Plant And The Exploding Hutto Co-Op District. With A Major City Water Line Already Located On FM 1660, High-Speed Fiber Internet On Site, And Multiple Income-Producing Assets Already In Place, This Unrestricted Tract Offers Limitless Potential For Savvy Developers And Investors.
Unmatched Value-Add & Development Strategies
Strategy 1: High-End Luxury RV Park Or Tiny Home Resort
The Infrastructure Is Already In Place To Build A Highly Profitable, Premium RV Resort Or Tiny Home Community.
Existing Cashflow: The Property Currently Features Two 2023-Built Tiny Homes (Rented Month-To-Month At $1,500 Each) And One RV Space (Rented At $800/Month).
Oversized Utilities: The Brand New 400-Amp Electrical Panel And Recently Installed Septic System Were Intentionally Designed And Overbuilt To Hold More Units! You Can Immediately Add 3 To 4 Additional Tiny Homes Or RV Spaces To Push Your Gross Monthly Income To Approximately $6,200 With Zero Major Infrastructure Upgrades.
Expansion Potential: Utilize The Remaining Acreage And The City Water Line On FM 1660 To Scale This Into A Massive, High-Density RV Park Catering To The Influx Of Corporate And Construction Workers Flocking To The Samsung Plant.
Strategy 2: Premier Wedding Venue & Corporate Event Center
This Estate Previously Operated As A Highly Desirable Wedding Venue And Is Completely Turn-Key To Resume Operations immediately.
The Venue Infrastructure: The Property Features A Massive 30x70 Covered Pavilion (Built In 2019) Complete With A 100-Amp Sub-Panel And Two Restrooms.
The Lodging: The 4,500 Sqft Historic Victorian Main Home Is The Ultimate Bridal Suite Or VIP Corporate Lodging, While The Separate 1-Bed/1-Bath Remodeled Guest House Serves As Perfect Groom’s Quarters Or On-Site Management Housing.
The Backdrop: The Historic Dairy Barn And The Two Live Water Creeks (Brushy Creek And Cottonwood Creek) Provide Unmatched, High-End Photo Opportunities That Premium Brides And Event Planners Demand.
Strategy 3: Subdivide And Sell Commercial Tracts
For The Developer Looking For A Fast ROI, This Property Is Prime For Subdividing.
Massive Frontage: With Just Shy Of 1,000 Feet Of Highway Frontage On FM 1660, You Have Ample Room For Multiple Commercial Curb Cuts.
City Utilities: The Existing City Water Line Running Along FM 1660 Makes Splitting This Property Into Smaller Retail, Industrial, Or Mixed-Use Commercial Pad Sites An Incredibly Lucrative And Straightforward Exit Strategy.
Existing Commercial Assets & Infrastructure
The Teggeman House (Main Office/Clubhouse): A Meticulously Restored 1890 Victorian Masterpiece Featuring 4,500 Sqft, 5 Bedrooms, 4.5 Baths, Soaring Ceilings, And A Massive Open Kitchen. The Plumbing, Electric, And HVAC (3 New Units) Have All Been Fully Modernized.
The Kruger House (Guest/Manager Quarters): A Fully Remodeled (2022) 1-Bedroom, 1-Bathroom Farmhouse Taken Down To The Studs With Spray Foam Insulation, New HVAC, And Granite Countertops.
The Tiny Home Compound: Built In 2023, Featuring One 600 Sqft Unit And One 400 Sqft Unit, Both Fully Rented And Generating Instant Cashflow.
The Workshop: A Dedicated Shop Building With Its Own Power Panel, Perfect For Grounds Maintenance Equipment Storage.
Modern Connectivity: High-Speed Fiber Internet Is Fully Installed And Operational, A Critical Requirement For Any Modern Commercial Enterprise, RV Park, Or Event Center.
The Land & Natural Amenities
It Is Incredibly Rare To Find Commercial Highway Frontage Paired With World-Class Natural Amenities.
Live Water: The Property Features Direct Access To Both Brushy Creek (A Famous 69-Mile Central Texas Waterway) And Cottonwood Creek.
The Dam: A Beautiful Dam On Cottonwood Creek Creates A Stunning Visual And Auditory Experience For Guests.
Ag Exemption: 20 Acres Currently Hold An Active Ag Exemption, Keeping Holding Costs And Property Taxes Incredibly Low While You Finalize Your Engineering And Master Development Plans.
Summary: Whether You Want To Operate A High-Yield RV Resort, Reopen A World-Class Event Venue, Or Subdivide And Sell Off Commercial Tracts, 11900 FM 1660 Is The Ultimate Blank Canvas In The Heart Of The Texas Tech Boom