14.8 Acre Townhome/Condo Development Site

Mormon Mill Road Marble Falls, TX 78654

Mormon Mill Road, Marble Falls, TX, 78654
Mormon Mill Road, Marble Falls, TX, 78654
FOR SALE
Property Type:
Condominium Development
Amount:
$1,300,000
Cap Rate:
0.00%
Last Verified:
Aug 04, 2023

Approx. 14.853 acres with all utilities available through the City of Marble Falls. Has frontage along US Hwy 281, Mormon Mills Rd. and Commerce Street. A portion of the property is in the FEMA floodplain (see FEMA map in flyer). Zoned NC (Neighborhood Commercial District) and TR (Transitional Residential District) with Conditional Use Permit.

Map of Mormon Mill Road, Marble Falls, TX, 78654

Presented by:
McAllister & Associates

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Spencer E Collins
Personal: (512) 536-7829


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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.