Central Texas Development Property

Posted on: August 13th, 2018 by Super Admin

OVERVIEW: Tract of land between Austin and San Antonio, Texas, located within one of the nation's fastest-growing populations – according to Forbes, "The Heart of Americas Next Great Metropolis".
Known locally as York Valley Ranch (YVR), the Property is open, gently rolling land with varied vegetation & topography, several lakes, and multiple ponds fed by York Creek and natural springs. York Creek meanders through the Property in a northwesterly to southeasterly direction forming the boundary between the San Marcos CISD (Northeast side) and Seguin ISD (Southwest side). A network of all-weather gravel roads and typical pasture roads provides interior access.

THE AREA: The Property is located an approximate 40-minute drive from Austin Bergstrom International Airport (ABIA), and no more than one hour from downtown Austin and San Antonio. Under normal driving conditions, ABIA is more accessible from York Valley Ranch than from most of the fast-growing suburbs north and west of Austin.
The Property lies between San Marcos and Seguin, two notable towns in the Central Texas Growth corridor.
* San Marcos. Home to Texas State University, San Marcos has a well-educated workforce with an affordable cost of living. The city registered a population of ~62,000 people in 2016. According to the Cost of Living Index 2017 Annual Report, San Marcos is one of the most affordable cities, posting a composite index score of 92.3% (as compared to Austin at 97.7%, and Dallas at 102.1%, for reference). In 2016, approximately 86.4% of the workforce had a high school level of education or higher, and approximately 32.0% of the workforce had attained a bachelors degree or higher.
* Seguin. Seguin is known as one of the strongest manufacturing clusters in the region, as it is home to more manufacturing jobs per capita than any other city in Texas. More than 30,000 called Seguin home in 2016, and the city continues to grow as new jobs are added to the region.
Notable employers in the two cities include Amazon Fulfillment, Caterpillar, Continental Automotive Systems, and a variety of educational institutions.

IMPROVEMENTS: The Property is set up for handling and managing livestock. Facilities include two sets of steel corrals with loading/unloading chutes and a covered processing area with hydraulic chute. Barbed wire fencing surrounds the perimeter and divides interior areas into pastures and traps that facilitate efficient crop, grazing and livestock management. Other Improvements include barns, grain silos, an implement and hay shed, a tool shed, a loafing shed, and a loading ramp.

INVESTMENT POTENTIAL
* Prominent Location Straddling SH 130 in Thriving Central Texas Corridor
Frontage on both sides of SH 130 (Toll), a key connector between Austin and San Antonio; SH 130 bypasses heavily-congested IH 35, connecting IH 35 north of Georgetown to IH 10 near Seguin; Less than one hour from downtown Austin and San Antonio; Approximately 40 minutes from Austin-Bergstrom International Airport; Within 15 minutes of IH 35 (links Canada and Mexico), IH 10 (links the Pacific and Atlantic Oceans), San Marcos and its outlet mall & University, historic New Braunfels, and Seguin; Approximately equidistant from the IH 35/SH 123 Interchange (San Marcos) and the IH 10/SH 130 Interchange east of Seguin; Within both the San Marcos CISD and Sequin ISD

* Municipal Utility District
The Property has been prepared to take advantage of coming growth by establishment of the York Valley Municipal Utility District (York Valley MUD) – so a future investor can convert the Property's current agricultural use to another use if desired.
York Valley MUD was created in 2007 by the Texas Legislature (Senate Bill No 1982). York Valley MUD has authority to: 1) impose taxes and issue tax-exempt bonds to pay for water, wastewater and drainage improvements, 2) utilize the power of eminent domain, 3) impose taxes and issue tax-exempt bonds to pay for roads, and 4) divide itself into two or more new districts. All of the Property lies within the boundaries of York Valley MUD.

* Minimal Restrictions
The Property is not located within any city limits or Extra Territorial Jurisdictions (ETJs) and is not subject to deed restrictions. It can be used for any legal purpose within Guadalupe County, subject to applicable Guadalupe County rules and regulations. A future developer may realize significant savings developing this Property as compared to other development projects that are located within city limits, ETJs, or otherwise subject to deed restrictions.

* Ag-Exempt Property with Current Tax Benefits
The Property's current agricultural lease qualifies it for an agricultural-use exemption, which sets its value for property tax purposes at a fraction of the actual market value. The agricultural-use exemption in 2017 resulted in a ~92% reduction in annual property taxes. An investor can capitalize on current revenue from the lease and reduced agricultural use-based property taxes, while also receiving the upside potential of future redevelopment in this prime location.

Central Texas Farmland

Posted on: October 13th, 2017 by Super Admin

Operated by the same family since the 1950s, this farm has been continuously maintained in excellent condition and produces top area crop yields. It can be a solid addition to an existing farming operation or serve as an investment that generates consistent crop lease income.

The neighborhood consists of rural family dwellings, agricultural and recreational tracts that are well-maintained and show pride of ownership. The farm has good access to FM 2086 and SH 53 which lead to schools, shopping centers, and places of employment in the area.

The property is located near the community of Ratibor, approximately 8 miles east of Temple, Texas, with frontage on FM 2086. It is a candidate for establishing a residence and/or related out-buildings on thereby providing a country living setting that combines the enjoyment of rural living with the benefits of low taxes and an annual income.

FM 1979 Farm, San Marcos, TX

Posted on: August 13th, 2017 by

Located just outside the San Marcos city limits and within the San Marcos ETJ, this 285-acre tract is a prime residential development opportunity for the discerning investor/developer. In the heart of one of Central Texas fastest-growing areas, this property offers easy access to schools, shopping, recreation and employers via State Highway 123 and IH-35. San Marcos High School is just six miles away; The popular San Marcos Outlet Mall retail areas are a 7.8-mile drive. The boundary between the San Marcos Consolidated and Navarro Independent school districts runs through the property, enabling development to maximize the marketability of two highly desirable school districts.

Currently operated as a dry-land farm, the property affords consistent lease revenue and significant property tax savings through its agriculture-based property tax exemption. Neighboring properties include several well-maintained housing subdivisions, rural homes, and agricultural tracts. This tract is on the cusp of significant appreciation potential as residential development of the surrounding area continues.

Area

San Marcos is strategically located at the heart of the Austin-San Antonio Innovation Corridor. Forbes dubbed it the center of Americas Next Great Metropolis. The Greater San Marcos region represents the southern portion of the Austin-Round Rock-San Marcos MSA, and sits just 50 miles north of San Antonio via IH-35. Austin Bergstrom International Airport is 43 miles north via the SH-130 Tollway, and downtown Austin is an easy 41-mile commute on IH-35.

The San Marcos region has a population of 250,000 people, including 38,000-plus students who attend Texas State University, the fourth largest university in Texas. Since 2010, San Marcos has added more than 2,800 new jobs to support a diverse array of business and industry. Its attraction to new business and residents can be attributed to San Marcos unique combination of central location, natural beauty, amenities and affordability. It boasts the third-lowest cost of living index in the state, compared to other Texas cities and metropolitan areas. In addition, San Marcos consistently appears on best of lists, including recent rankings as one of the best places to retire, best city for raising kids, and best places to shop. San Marcos pristine natural beauty, with abundant parks, lakes and the crystal-clear San Marcos River, contributes to a high quality of life for those who live, work and play here.

Cordova Road, Seguin, Texas

Posted on: August 12th, 2017 by Super Admin

A 100-acre tract of land that lies in the epicenter of South Central Texas booming housing and commercial region just north of Sequin and east of New Braunfels. This prime investment/development property borders the northern city limits of Seguin, with easy access to state highways 123 and 46. Located in the highly regarded Navarro Independent School District, this competitively priced property offers rapid appreciation potential as development of the surrounding area continues.

Currently operated as a dry-land farm, the property affords consistent lease revenue and significant property tax savings through its agriculture-based property tax exemption. Neighboring properties include several well-maintained housing subdivisions, rural homes, and agricultural tracts.

Its ready access to SH-123 and SH-46, and close proximity to IH-10, IH-35 and SH-130 Tollway, put first-class schools, bustling retail centers, restaurants and major employers just minutes away. This tract offers prime development opportunities for the discerning investor or developer.

The Area
Seguin is in the heart of one of the hottest growth corridors in the county. Home to 30,000 residents and multiple Fortune 500 companies, its pro-business culture and lower cost of living make it a prime location for a diverse array of businesses and an attractive place to call home. In addition, it is the retail hub for three counties- Guadalupe, Gonzales and Wilson with a trade area population of 115,000. Traffic counts on major arteries serving this region are projected to as much as double in the next 17 years, reflecting Seguins growing attraction as a place to live, work and play. While numerous subdivisions and developments dot the map around this tract, the demand for housing continues to be strong. Available housing inventory at year-end 2016 was a low 2.3 months.



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