Land Deal South of Austin, TX
12135 Fm1322 : Luling, TX 78648
Caldwell County, Texas
Shown by Appointment Only
Land Description
Hi All. As many of you know, Austin is booming right now with 184 people moving there per day. As people continue to move in, we see a large amount of migration to the south of Austin into Caldwell County. Land prices have been skyrocketing, increasing more than 40% since last August with prices reaching $1.50 to $2.50 per Sqft anywhere near Lockhart, Texas.
We have a fire sale deal that we need to sell. That being said, the price is $0.58 per Sqft which we believe is discounted approx. 56% below market value to what we believe is $1.03 per Sqft or $45,000 per acre.
ViewPoint Engineering has already submitted a proposal to get this land entitled.
Investor/Developer Package is attached.
Financial Statement is attached.
