569 W Oak Ridge Drive

Marble Falls, TX 78654
$695,000

Description

Unique Opportunity for a private residence or multi-family development (with conditional use permit, potentially up to 79 units)! Amazing location in Marble Falls with quick access to everything while enjoying privacy filled with beautiful oaks at an incredible price! Don't miss out on this! Current owners have done a lot of the leg work for the new owner. A few of the highlights for this property include 405’ of Frontage on W Oak Ridge, north side of Marble Falls (Close to Walmart, 281, etc…) as well as a 405’ of Frontage on W Oak Ridge, north side of Marble Falls (Close to Walmart, 281, etc) as well as a New Connector Street coming in that will connect Mormon Mill to Nature Heights. Current zoning is TR (Transitional Residential District) – Which allows for Townhomes, Duplexes, Fourplexes, garden homes and multifamily allowed with Conditional Use Permit. This property Allows a max of up to 68 units. (79 Units with the conditional use Permit for Multifamily). As for utilities, both water and sewer are available to the site and the capacity and LUE’s are confirmed as the City has already done a full utility capacity study which is attached in the documents!See attached documents for site plan!
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  • Property Details
    • Property
      • View:Hills, Neighborhood, Trees Woods
      • Lot description:Moderate Trees, Split Possible, Views
    • Measurements
      • Acres:5.69
  • Construction Details
    • Type & Style
      • Property type:Purchase
  • Utilities / Energy Details
    • Utility
      • Utility source:Public
      • Utility features:Electricity Available, Sewer Available, Water Available
  • Community and Neighborhood Details
    • Community
      • Subdivision:Barker Sub
    • Location
      • School district:Marble Falls ISD
      • Elementary School:Marble Falls
      • Middle School:Marble Falls
      • High School:Marble Falls
      • County:Burnet
  • Financial Details
    • Pricing Details
      • Original List Price:$975, 000
      • Days on Market (Cumulative):459
      • Taxes annual:$8, 018
  • Other
    • Source
      • MLS #:6628842

Location

Bill BartonReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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