500 Horseshoe Dr/408 S W Dr

OVERVIEW

500 Horseshoe Drive and 408 S West Drive are located 0.3 miles West of Hwy 183 (approx. one minute drive). Located just North of the Mason Creek Trail and the Magnolia Creek neighborhood. Post Office, Leander Police Station, Fire Station #3, and Biff Johnson Fire Administration are 0.3 miles to the East; Leander Middle School is 0.4 miles to the North; HEB Plus is 1.5 miles North.; Gateway Shopping Center, Lowe’s, Chick-fil-A are 1.2 miles South. Property is between Hero Way (North), Crystal Falls Pkwy (South), Hwy 183 (East), S Bagdad Rd (West).

FEATURES

  • Prime Development Site
  • Quick Access to Hwy 183
  • Zoning Allows for Commercial or Residential Use
  • Located Next to Mason Creek Trail

PROPERTY

Property Type

Land

Land Area (ac)

5.1

DETAILS

500 Horseshoe Dr and 408 S West Dr is a two-parcel development site located in Leander, Texas. The two properties combine for a total of 5.1 AC, and are zoned for both commercial and residential use. 408 S West Dr is a 2.17 AC site located near the corner of S West Dr and Sonny Dr. 500 Horseshoe Dr is a 2.93 AC site located at the back of 408 S West Dr and wraps around to Horseshoe Drive.

Current nearby development includes an apartment complex currently under construction across the street on Horse- shoe Drive, and new condos/town-homes that were constructed just West along Horseshoe Drive. Highest and best use for the property includes commercial or multifamily development. This property has a small creek cutting across a portion of 408 S West Dr to frontage on S West Dr. and Horseshoe Dr.

This property presents an excellent opportunity for any developer looking for five acres in Leander with strong demo- graphics and high growth-rate in the area.

Sale Type

Investment

Price

$1,750,000

AGENTS

Matt Fouchek

Associate
Email: [email protected]
Direct: 512.923.1709

DOCUMENTS

PHOTOS