UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision Roper West
MLS Listing ID 4506512
Tax Year 2025
Lot Size 16.000 Acres
Acres 16.0
Property Sub-Type Unimproved Land
Source actris
Property Description
Spanning 16 acres and zoned for 176 units, this site offers a rare chance to develop in one of Central Texas' most dynamic submarkets, adjacent to the thriving Panther Hollow corridor. The adjacent 18 acre multi-family (MF) site is also available, allowing for a total of 500 units of any residential type between the two sites.
Offered at $5,280,000 ($30,000/unit) plus pro rata site infrastructure costs, the property includes vested LUEs, a recorded plat, and a development agreement with the City of Marble Falls. Public improvements are underway, with roads, detention, and utilities scheduled for delivery by the seller. The buyer will participate in cost sharing for these improvements.
Strategically positioned off US Highway 281 and adjacent to major growth nodes like Flatrock Crossing, Roper Ranch, and Thunder Rock, Roper West is surrounded by planned or under-construction housing units and significant commercial expansion, including the upcoming Shops at Flatrock Crossing retail destination (Academy, TJ Maxx, Michaels, Boot Barn, Bath & Body Works).
**Broker does not warrant the accuracy of any information. Buyers are responsible for independent analysis and research on the property.**
Location
State TX
County Burnet
Area Bu
Zoning PDD Approved for High De
Interior
Fireplace N
Exterior
Community Features See Remarks
Utilities Available See Remarks
Waterfront Description See Remarks
View City, Lake, River
Building
Lot Description See Remarks
Sewer See Remarks
Water See Remarks
New Construction No
Schools
Elementary Schools Spicewood (Marble Falls Isd)
Middle Schools Marble Falls
High Schools Marble Falls
School District Marble Falls Isd
Others
Restrictions See Remarks
Acceptable Financing See Remarks
Tax Rate 1.78
Listing Terms See Remarks
Special Listing Condition Standard