$1,850,000
Accepting Backup Offers

5300 Lohmans Ford Road

Lago Vista, TX 78645
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Description

10.7 +/- acres with two homes and 356’ of Lohman Ford road frontage right across the street from Lago Vista High School. The main home is approx. 2200 sqft: 3 bed, 2 bath with office and built in storm shelter! The second home is approx. 800 sqft: 1 bed, 1 bath with office and laundry. Green house, 18’x30’ shed, 12’x20’ deck, RV and Boat Parking! Property is not in the City limits, so no restrictions or zoning. Low tax rate. Great commercial potential and prime road frontage for development. This property was purchased to create an assisted living/graduated nursing home.Many plans have already been developed for a program such as this.In Texas, small licensed assisted living homes may have up to 16 beds, so these plans reflect that. The guest house was going to be used as the office/family meeting room.....or as a home for the house manager. Lago Vista is a great place for business! Businesses opening soon: 2 restaurants, 1 gym, additional shopping center. Businesses need here: Multi family opportunities, Full time childcare, Places for families and children to gather: bowling, movie theater, gaming. A+ rated schools: Lago Vista Independent School Districts, Extremely Low Crime Rate, 150 residential permits in Q1 of 2021, 4 commercial permits in Q1 of 2021.
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  • Property Details
    • Property
      • View:Trees Woods
    • Measurements
      • Acres:10.747
  • Construction Details
    • Type & Style
      • Property type:Purchase
    • Condition
      • Year built:2002
    • Material information
      • Foundation:Slab
  • Utilities / Energy Details
    • Utility
      • Sewer information:Septic Tank
      • Utility source:Well
      • Utility features:Cable Available, Electricity Connected, Natural Gas Not Available, High Speed Internet Available, Phone Available
  • Community and Neighborhood Details
    • Location
      • County:Travis
    • Community
      • Subdivision:See Agent
  • Financial Details
    • Pricing Details
      • Original List Price:$1, 900, 000
      • Selling Office Commission:3.000
      • Days on Market (Cumulative):603
  • Other
    • Source
      • MLS #:7304193

Location

Joey MysliwiecREALTOR ® , CHMS
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