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Waterfront Redevelopment Opportunity 13901 W FM 1431

11,000 SF Light Industrial Building Kingsland, TX 78639 £2,972,528 (£270/SF)

Investment Highlights

  • Trophy property in prime location with potential for Lake LBJ views is ready for re-development.
  • Ideal location and size for redevelopment into residential with Lake LBJ access.
  • Water frontage on Mill Creek with Lake LBJ access, 10 deeded boat slips, and private boat launch. 547’ of frontage on FM 1431.

Executive Summary

Trophy property in prime location with potential for Lake LBJ views is ready for re-development. No zoning, current county land use is Commercial. Water frontage on Mill Creek with Lake LBJ access, 10 deeded boat slips, and private boat launch. 547’ of frontage on FM 1431 with traffic counts over 11,000 vehicles daily. There are 6 metal buildings on the property ranging from 900 to 4500 sf, numerous canopies, and a boat lift. Lot is fully fenced and gated. Consider condos with a new channel cut for under-unit boat docks, or multi-family with common marina/boat docks.
Ideal location and size for redevelopment into residential with Lake LBJ access.
Lake LBJ is a constant-level reservoir above Wirtz Dam on the Colorado River and part of the Highland Lakes chain. President Lyndon Johnson and family enjoyed their home on the lake during and after his time in the White House. Today, the shoreline surrounding Lake LBJ is highly developed, with miles of lakeshore homes and boat houses.

Property Facts

Price £2,972,528
Price Per SF £270
Sale Type Investment or Owner User
Sale Conditions
1031 Exchange
  • Development Sale
Property Type Light Industrial
Property Subtype
Light Manufacturing
  • Garden Centre
  • Industrial Warehouse
  • Light Industrial Light Distribution
Building Class C
Lot Size 2.65 AC
Rentable Building Area 11,000 SF
Number of Floors 2
Year Built 1976
Tenancy Single
Parking Ratio 4.55/1,000 SF

Amenities

  • 24 Hour Access
  • Fenced Lot
  • Front Loading
  • Mezzanine
  • Signage
  • Waterfront
  • Yard

Utilities

  • Lighting - Halide
  • Water - City
  • Sewer - City

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • None
  • -
  • -
  • -
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease End
None - - - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 18507
  • 18507
Land Assessment
£378,682
Improvements Assessment
£474,787
Total Assessment
£853,469

zoning

Zoning Code None (County land use is Commercial)
None (County land use is Commercial)
  • Listing ID: 31496876

  • Date on Market: 12/04/2024

  • Last Updated:

  • Address: 13901 W FM 1431, Kingsland, TX 78639

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