**Property Opportunity in Florence, Texas**
This 46.248-acre property located in Florence, Texas, presents a remarkable opportunity for industrial, commercial, or residential zoning. Both the city and Burnet County have a reputation for being easy to work with, making this a great investment option. The area already has several established businesses, and residential developments are expanding along the toll road on Highway 183.
Recent legislation, the "Big, Beautiful Bill," offers significant tax incentives for new manufacturing plants, including immediate deductions for construction costs and enhanced Section 179 depreciation for new equipment. The bill reinstates 100% bonus depreciation, allowing businesses to fully deduct the cost of new equipment in the year of purchase. This is a major benefit for anyone looking to construct a new manufacturing facility.
Additionally, a new subdivision of homes is just a couple of miles away in Florence, contributing to the area's growth potential, especially alongside the ongoing toll road expansion. The recently opened Phase III of the 183A Toll Road enhances access to the property, extending from Hero Way north of Highway 29 along Liberty Hill. This stretch of 183A and Ronald Reagan Boulevard is becoming a growth corridor for new developments in the Northwest Austin suburbs.
The property features 1,809 feet of frontage on County Road 211 and includes a permitted well, which has never been utilized by the seller. There is also a shed and a pole barn on the property, both unused. The property has easements in place for the power pole supplying electricity to the well and for an underground pipeline, with the possibility of constructing a road over the pipeline pending approval from the pipeline company.
Currently, the property has an existing hay lease that qualifies it for an agricultural exemption, which will need to be transferred upon purchase. A property appraisal was conducted in 2023, confirming the value of this rare opportunity. The property has had only one other owner since 1986 and is now available on the market for the first time in 39 years.
This is a unique chance to own a piece of Central Texas, just a short distance from Austin. Buyers are encouraged to conduct their due diligence to verify all information. Please note that the seller will not subdivide the property, but it is priced reasonably based on what is being offered. Owner financing is not available, but we do have lenders who offer FSA-USDA farm loans for new businesses, as well as a stated loan program that does not require tax returns for those with credit scores of 720 or higher.
For more information, please contact (512) 947-6400. Don’t miss this great investment opportunity!