This website describes an availabe 16-acre tract of land between Georgetown and Round Rock Texas and provides a current description of developments in the area.
16-ACRE HORSE RANCH FOR IMMEDIATE SALE NEAR GEORGETOWN TEXAS
Current asking price per acre is $35K/Acre.
For assistance with this parcel of land, please contact Larry Locke at (512) 619-8232 or email at larryvlocke@matexas.com.
As shown in the above map, the location of the 16-acre tract of land is approximately 3 miles SE of Georgetown and 4 miles NE of Round Rock and approximately 1200 feet north of paved County Road CR-105 (deeded 30 acre easement to tract).
If you drive out, it's pretty easy to find. The land is approximately 1200 feet on the north side of CR-105 approximately a half mile before CR105 dead ends into CR100. A large restored victorian home sits just to the east of the easement road that leads to the property. Follow the road across the creek and up the hill; turn to your right and the road runs into the southern boundary of the 16 acre tract. The tract is rectangular in shape.
The 16-acre tract is just 2-1/2 miles from the hospital and educational complexes on Chandler road and approx. 2-1/2 miles from Georgetown. To the east, the property is approx. 2 miles from the San Gabriel River. For easy access to Austin, the property is approximately 1 mile
west of State Highway 130, which is an interstate highway extending from I-35 a few miles north of Georgetown down past in between Round Rock and Hutto and southward through Pfluggerville.
The land is located less than a mile from IH130 ON and OFF ramps providing fast access to Dell Diamond, Hutto, Georgetown, Dallas, Round Rock, Pflugerville, Austin, San Antonio and Houston, but far enough away to avoid the noise. The site is spaceous enough to provide room for your horses or longhorns or a great investment opportunity with the high growth in Williamson County.
"State Highway 130 is the biggest thing to hit Williamson County since the railroad came through back in 1876,"
To give you an idea of the expected growth in the area, nearby Hutto is booming and projected to grow larger than 30,000 with professional office buildings, hotel, motels. Just down the road, Pflugerville is also booming.
Map showing new toll roads in the Georgetown, Round Rock and Cedar Park areas. SH 130 is a four-lane divided facility with major interchanges at IH-35, U.S. 79, SH 45 North, U.S. 290 and SH 71. Ultimately, SH 130 will become a six-lane facility with a median capable of accommodating future transportation options such as rail.
Jonah Water District is upgrading its system that will add two pumping stations, 10.5 miles of water lines and the availability of treated surface water for the first time in the district's 34-year history.
One planned municipal utility district at County Road 109 and County Road 110 will eventually serve more than 4,000 houses near the subject property for sale. The water district has signed a contract with the Brazos River Authority to pull water from Granger Lake in far eastern Williamson County, where the authority is expanding the capacity of its treatment facility from 5.3 million to 12.8 million gallons per day.
The contract requires the Brazos authority to provide as much water as the district needs for the next 50 years and bring in water from other sources, including the Carrizo-Wilcox Aquifer, if demand exceeds supply at Granger Lake.
The land is situated less than four miles from numerous major new developments including a new Georgetown High School facility, the new Round Rock college just off nearby Chandler Road, the recent expansion of Dell Diamond, and the construction of two major malls on I35 at the intersections of Chandler Road and another at the Intersection of HW29. A huge residential development is currently on the drawing boards that incorporate the beautiful rock-bottom creek near the subject property.
The new State Highway 130 which is now open from IH 35 north of Georgetown to Austin's HW 290. The property is less than a mile from HW 130 access ramps as shown on the following map (access ramps shown in red).
SCOTT & WHITE MEDICAL COMPLEX LOCATED AT NEARBY CHANDLER ROAD
ROUND ROCK — Scott & White officials are building an $81 million medical complex on the rapidly evolving Chandler Road corridor.
This huge 68-acre complex is just east of Interstate 35 in North Round Rock and scheduled to open in early 2007. Seton's 74-acre medical center facility is slated for a late 2007 opening. This gives Round Rock three hospitals and Williamson County five.
The Temple-based Scott & White medical complex initially contains a 196,000-square-foot, four-story hospital that's ultimately designed to grow from 76 to 300 beds; a diagnostic imaging center; and a medical office building. That building, the first of planned multiple medical office buildings, houses a clinic and nonaffiliated private practice physicians.
According to the Texas State Data Center, Williamson County's population could approach half a million people by 2015.
The new medical complex, including its clinic, enters the realm of highly advanced specialty care. The medical complex is near the site of the
Round Rock Premium Outlets mall that opened in 2006.
SETON MEDICAL COMPLEX SET TO OPEN IN 2007
Seton's estimated $155 million to $160 million center is projected to open in 2007 east of Texas State University's Round Rock Higher Education Center.
Seton officials have about 74 acres under contract with the John Avery family on the same site, a stone's throw from the Teravista subdivision. Seton is pursuing an incentives package with city officials, including road agreements.
"This is a commitment to a major, major medical center," said Hazelwood, the center's chief executive officer and a senior vice president for Seton.
But population growth must materialize before the complete plan can be locked into place, Hazelwood said.
"We're going to be designing and constructing a medical center in what now looks like an empty field," said Hazelwood, former president and CEO of the Greater Austin Chamber of Commerce. Seton recruited Hazelwood because of his business background, including positions as a consultant and longtime senior executive in the oil industry.
"Except for Texas State University and maybe (what can be seen) of Teravista, there's nothing," he said, "which would give people pause, because if you're wrong, you end up with a medical facility out there with limited use, and there's a lot of risk associated with that."
According to city and Texas State Data Center projections, though, droves of people appear to be coming this way.
Round Rock's population of 83,000-plus could approach 106,000 within five years and reach 125,000 within 10 years. Williamson County's population, which now exceeds 300,000, could jump to 418,000 within 10 years, almost a 40 percent increase.
The Seton Williamson Medical Center would serve the area along with other planned hospitals: The Temple-based Scott & White system announced Sept. 7 that it plans to open an $81 million medical complex two miles west of Seton in early 2007. And officials with Triad Hospitals of Plano said the company has finalized a land contract for a $90 million Cedar Park Hospital that could open by 2008.
Including the Round Rock Medical Center, owned and operated by the St. David's HealthCare Partnership,Round Rock would have three hospitals.
TEXAS 130 TOLL ROAD
Texas 130 is a 49-mile, $1.5 billion, toll road now under construction in eastern Travis and Williamson counties, and scheduled to open in less than three years. According to the American Statesman, the toll road will create as many as 40,000 new jobs along Texas 130 in a few short years. That's a lot of jobs...new service stations, motels, restaurants, churches, homes, shopping centers, garages, etc.
EXPECTED COMPLETION DATES FOR HW130
Segment 1 (I-35 to U.S. 79): September 2007
Segment 2 (U.S. 79 to U.S. 290): September 2007
Segment 3 (U.S. 290 to SH 71): September 2007
Segment 4 (SH 71 to U.S. 183): December 2007
State Highway 130, with a completion date out just 2-1/2 years, will serve as a gateway to communities along its corridor. Situated in near areas of the Texas Hill Country and the Blackland Prairie, images and symbols representative of this region will be incorporated into the project's aesthetic and landscaping treatments. To help determine the look and feel of SH 130, communities along the corridor and their local governments were asked to contribute ideas.
Design treatments for items like abutments and retaining walls will include a 4x4 concrete panel with raised insets depicting regional icons, such as Texas wildflowers and native trees. The selection of the regional images will be made with input from local governments, giving them an opportunity to have SH 130 reflect their local area.
Georgetown is also less than 10 minutes away with it's prestigious shopping malls, parks, rivers, and historic downtown area.
GEORGETOWN SCHOOL DISTRICT
The 16 acre tract of land is located in the Georgetown School District which has the reputation of being one of the finest school systems in the nation. Georgetown is a historical-minded college town with a great sense of preservation. Lots of antique shops and a major mall on the way.
Georgetown is ranked as one of the best small towns in America. Georgetown is convenient to both city nightlife and shopping and country relaxation. With a population of 35,000, Georgetown is also one of the fastest growing communities in Central Texas.
Georgetown was founded in 1848, and its historic town square is lined by Victorian storefronts facing the Williamson County courthouse. Georgetown was also the recipient of a "Great American Main Street Award" in 1997. The historic district around downtown, just minutes from the property, contains many National Historic Register homes and buildings. Restaurants, parks, shopping, and other attractions can all be found downtown. Georgetown is also home to Southwestern University, one of the most prestigious liberal arts colleges in the Southwest. According to city records, Georgetown's current population is about 37,500 and the 2003 average amount of disposable income per household was $50,306.
Georgetown already is experiencing plenty of retail interest. Simon Property Group Inc.'s Wolf Ranch retail project, which was built at the southwest corner of I-35 and SH 29, has more than 55 stores and 15 restaurants.
WOLF RANCH-GEORGETOWN
Wolf Ranch is a 750,000-square-foot open-air retail shopping complex located at the southwest corner of Interstate highway 35 and State Highway 29.
The retail center is owned by Simon Property Group, a shopping mall developer and property management company headquartered in Indianapolis, Indiana.
In November, Simon announced plans for Wolf Lakes, a second project in Georgetown to be built north of Wolf Ranch. Located at the northwest corner of I-35 and University Ave.,
Anchor Stores at Wolf Ranch:
Best Buy
Kohl’s
Linens ‘n Things
Michaels
Office Depot
Old Navy
Petsmart
Pier 1 Imports
Target
T.J. Maxx
Yet, Wolf Ranch is a lot more than a place to go shopping, says Keith Hutchinson, a public information officer for the City of Georgetown. He points out that the project includes more than 17 acres of park land. Lifestyle centers, which are located near affluent neighborhoods, almost always include table-service restaurants, movie theaters and landscape design elements, such as fountains, walking paths and park benches, to make shopping experience more than a utilitarian purchasing errand.
RIVERY TOWNE CROSSING-GEORGETOWN
The Rivery Towne Crossing in Georgetown is another huge development that includes a 205,045-square-foot Wal-Mart SuperCenter and a 115,282-square-foot Home Depot. Another component is a 35,000-square-foot Bealls department store that will be expansion of an existing 18,000-square-foot store.
This development features 125-acres of mixed-use development with 350,00 SF of retail anchored by Home Depot (Open July 03) and Wal-Mart (Open August 03). The development also features a 20.4-acre Multi-Family site and a 13.25-acre Office site that benefit from views overlooking the picturesque Georgetown Country Club.
Williamson County 5th fastest growing county in the United States and 2nd in Texas
But the area won't be rural for long!
With nearby Sun City under development (currently has over 3500 homes completed amid a championship golf course, lake, nature trails), a huge mall coming to the intersection of IH35 and HW29, and the recent announcement by Tasus Corp., a Toyota Motor Corp. supplier, that they are planning to locate in Georgetown (announced a $13.3 million manufacturing plant and the creation of a 100 jobs), the area is definitely poised to grow. 3500 Homes Now Completed in Sun City.
NEARBY GEORGETOWN, TEXAS IS BOOMING
Georgetown, Texas, county seat for Williamson County, was recently named the 5th fastest growing county in the United States and the second in the state of Texas. The booming real estate industry in Williamson County is being fueled primarily by rapid growth of the high-tech community. Corporate giants like Dell Computer, Samsung, IBM, and Tivoli, all have contributed to this significant growth. Due to environmental issues, development has shifted from the southwest Austin and Travis county areas to Williamson County.
Georgetown alone has seen its fair share of new development and activity including industrial, retail, office and residential. Recently, Georgetown has acquired a large number of national chain restaurants, banks and other major developments.
In recent months, Georgetown has seen the opening of its first national chain sit-down restaurants, including Luby's Cafeteria, Applebee's Neighborhood Bar & Grill and Chili's Grill & Bar. Burger King and Schlotzsky's Deli entered the small fast-food fray in Georgetown, and Jack in the Box and KFC fried chicken franchises are on the way. Holiday Inn Express is putting the finishing touches on a new hotel and Larry Peel Associates is completing construction of an 180-unit luxury apartment community, the first in Georgetown. Several new strip retail centers are under construction, bringing all sorts of new retail to the community.
An Expanding Georgetown Airport
In October 2003, the City Council voted to update the 1998 Airport Master Plan due to regional changes in general aviation facilities and demand, as well as local concerns about increased operations. The Master Plan update addresses a 20-year (2003 – 2023) long-range plan.
Georgetown Airport Proposed Expansion
WILLIAMS DRIVE DEVELOPMENTS-GEORGETOWN
Williams Drive in Georgetown is already a booming place, crawling with cranes, piles of dirt, metal frames and "coming soon" or "opening soon" signs. Everything from drug stores to auto parts, banks and real estate offices to Tex-Mex restaurants and shopping galore will soon be open for business. For years, newcomers and oldtimers have predicted that Williams Drive will become Georgetown's version of Burnet Road in Austin.
Many of the retail sites are in the early stages of development and tenant names are not yet public knowledge, but many names are already up and advertising. Auto Direct used cars is building by the RaceTrac gas station, and Advance Auto Parts will soon open a location closer to Interstate 35, at the corner of Williams Drive and Shannon. But much of the growth is in the form of small retail and offices that will likely house insurance agencies, hairdressers and other small shops. The center, at Williams Drive and Cedar Breaks Road, across from H-E-B, will eventually include several small retail sites in the 5,000 to 6,000-square-foot range, and a larger one closer to 10,000 square feet.
The Eckerd Drugs, currently under construction and set to open in December, will be about 13,000 square feet. The already-existing Walgreens store is part of a larger complex that includes the Jack-in-the-Box fast food restaurant, the not-yet-open Shipley's Donuts and one more small retail site. Cedar Breaks Village, also known as the Woodlake commercial development, is located around the Shell Road and Williams Drive intersection. Bank of America already has a sign up announcing their new location.
NEW COLLEGE WITH ADVANCED DEGREES AND FED GRANTS
The creation of the new 100 acre campus for
the Round Rock Higher Education Center (RRHEC), with a 126,000-sq. ft. facility opening in 2005 is sure to attract growth in the area. This college campus is now operational out near the eastern end of Chandler Road and has enrollment exceeding 5,000 students.
The RRHEC (Round Rock Higher Education Center) combines the efforts of Texas State University-San Marcos, Austin Community College, and Temple College at Taylor to offer educational opportunities in Williamson County.
The tract of land that we're offering for sale is located approx. 4 miles from the new RRHEC campus and about the same distance from the University in Georgetown.
DEVELOPMENTS IN ROUND ROCK
Retail heavyweights Wal-Mart and HEB have completed major retail buildings on U.S. Highway 79 in Round Rock. Bentonville, Ark.-based Wal-Mart Stores Inc. built a Wal-Mart SuperCenter. West of that site, San Antonio-based H.E. Butt Grocery Co. built a huge grocery store at the northwest corner of Highway 79 and FM 1460,and Randall's Food Markets has a 59,000-square-foot Randall's grocery store and Weingarten developed additional retail space while additional home developments for mostly single-family homes have been completed nearby.
DELL DIAMOND EXPANSION
In October 2004, the Round Rock Express made the team’s most distinguished announcement since bringing the franchise to Central Texas in 2000. The Express announced it was moving to the highest level in Minor League Baseball, as a member of the Triple-A Pacific Coast League.
Express president Reid Ryan, changed the future of baseball in Round Rock, when he announced the Express’ ownership group, Ryan-Sanders Baseball, had purchased the Triple-A Edmonton Trappers, of the Pacific Coast League and intended to move the franchise to Round Rock. The Double-A franchise would then move to Corpus Christi and continue play in the Texas League.
The Dell Diamond, located approximately 4 miles south of the property, now has 7,816 permanent seats, with room for 3,500 more fans on the grass berm. The expansion will add 1,000 seats and six luxury suites, each holding 20 people each. The stadium now has 24 suites.
In 1998, Round Rock voters authorized the city to spend revenue from its hotel occupancy tax to help pay for the $25 million stadium. The Express contributed $17.6 million and the city of Round Rock $7.3 million. The team has a 38-year lease for the stadium.
HUTTO DEVELOPMENTS
Hutto, located just a stone's throw away, is fast at work planning major developments to take advantage of the new commerce coming down State Highway 130. We have already witnessed unparalled growth in Hutto's future. Already, the Hutto Metroplex is one of the largest car dealerships in Central Texas.
Hutto was founded in 1876 and named in honor of James Emory Hutto, a local rancher who sold the land to start the town. The following year the community, had a railroad depot, a post office, a general store, and a lumber business. By 1884 Hutto had 200 inhabitants, a school, three churches, and five gins and shipped cotton and grain. A bank and a hotel opened in the early 1890s, and the population reached 700 in 1896, when Hutto was described as an "important cotton market" by the Texas State Gazetteer. The town was incorporated in 1940, when it had 579 inhabitants. In 1990 the population was 630 and today is over 5,000.
According to the Austin Business Journal, a likely spot for Central Texas' new $52 million general aviation airport is next to the proposed State Highway 130 between the towns of Hutto and Jonah in Williamson County. SH 130 will drive the exact location.
ENDEAVOR SHOPPING CENTER
The Endeavor Real Estate Group of Austin negotiated with Home Depot to serve as an anchor to their site on the northeast corner of the intersection of CR 119 and US 79, according to a report in Austin American Statesman. The recently opened 102,000-square-foot Home Depot store on US 79 with several restaurants including Domino's Pizza and Subway, will soon join the McDonald's and other businesses in the Hanson's Corner shopping center which is anchored by Home Depot.
Grand Opening of the Hutto Home Depot and Dozens of other businesses are already opening their doors!
The Endeavor shopping center will grow to approximately 300,000-square-feet of retail space spanning some 35 acres. A diverse mix of business is targeted for the project, including banks, restaurants, and dry cleaners.
HUTTO TOWN CENTER
Opposite the Endeavor property is the planned Hutto Town Center, under development by NewQuest Properties of Houston. Developer Dean Lane of NewQuest said they have not yet signed an anchor, but are meeting with representatives of major grocery, discount and home improvement chains.
HUTTO SEES 70% SALES TAX GROWTH
Commercial businesses in Hutto are bringing tax dollars into the city in ever increasing amounts, according to the state comptroller's office. Existing businesses in the City of Hutto saw sales tax and use payments jump nearly 70 percent this year compared to the same period last year. The city received $220,543.34 through September of this year, compared with $176,062.65 for the same period in 2002. Hutto's commercial retailers, manufacturers and other industries rang up more than $44.2 million in sales in 2002, with just more than $7.2 million subject to sales tax. Hutto's commercial base is made up of nearly equal parts manufacturing and retail trade. Last year also saw the highest number of retail outlets in Hutto's history, according to a quarterly sales tax historical report compiled by the Texas Comptroller's Office.
OTHER HW130 DEVELOPMENTS TO THE SOUTH
Another 2,000 acre project set to go into Pflugerville by Houston developer, Tejas Viejo Land Company. According to Tejas Viejo President, Wayne "Sandy" Rea, "I've been watching freeways being built and what I know is if you've got easy on, easy off access, you've got development." Tejas Viejo envisions building a master-planned community, "Capitolio Tejas" over the next 10 to 20 years that will encompass some 6,000 single family and multi-family units in two subdivisions called Cactus and Wildflower.
MORE AREA DEVELOPMENTS
In 1997, Newland Communities of California purchased 1,500 acres of the Nash Ranch, the open land east of I-35 that separates Round Rock from Georgetown, for a residential-golf community. Avery Ranch, a 2,000-acre parcel between Round Rock and Cedar Park, was purchased by developers Roy Butler and Dick Rathgeber and features a golf course and 4,000 to 5,000 homes.
And about six miles north of Avery Ranch, on the north side of FM 2243, an 1,150-acre section of the former Patience Cattle Ranch was purchased for a master-planned community. San Antonio developer Tom Dreiss plans up to 500 estate homes on large lots.
In a joint venture between Sun Power and Cypress Semiconductor, Round Rock was recently choosen as the R&D and Beta site to do solar nano-technology. A new clean room was built that is separate from the chip manufacturing sector. This shared endeavor is helping to create some of the newest technology on the market in miniaturized solar paneling.
MALLS AND JOBS COMING TO ROUND ROCK
The Simon Property Group of Indianapolis, the world's largest mall owner,completed construction of a 280,000-square-foot outdoor "Main Street mall" project at I-35 and Chandler Road in Round Rock, adjacent to the Teravista golf-course community. Simon, which owns Lakeline Mall, Barton Creek Square, and half of Highland Mall, also constructed a huge center five miles north, on the Wolfe tract at the intersection of I-35 and Texas 29 in Georgetown.
The following map shows the existing commercial development in the area and the location of new state highway 130. It is anticipated that the combined growth of Round Rock and Georgetown may soon exceed the business development of Austin with major growth occurring along the 130 corridor.
AND GROWTH TO THE NORTH OF GEORGETOWN
Sonterra Development recently bought 1,600 acres in the Jarrell area just north of Georgetown along the HW130 corridor to establish homes and businesses. The local company plans to develop about 100 businesses and between 5,000 - 6,000 homes.This explosive development will be completed in phases: The first phase will develop business, at least one big box retail store and 500 homes.
Most of the land is just outside the city limits, but 35 acres of the developed land is in Jarrell, which will mean big changes for the city.
Sonterra Development will provide the lots with sewage and water systems, and even give wholesale sewage and water to the rest of Jarrell.
It's an example of yet another Williamson County town exploding with growth.
Map Showing Current Business Development in Travis and Williamson Counties and New State Highway130.
The following table (Exhibit 1) outlines the growth in population and employment from 1997 to 2025 in Williamson County, as
adopted by the Capital Area Metropolitan Planning Organization (CAMPO) for inclusion in their Long-Range Plan Update.
EXHIBIT 1 Williamson County Population and Employment Growth
1990 Census
1997 CAMPO Estimate
2007 Forecast
2015 Forecast
2025 Forecast
Population Growth 1997-2025
Population
139,551
209,318
344,017(1)
516,003(2)
825,716(2)
616,398
Employment(3)
52,400
121,500
187,500
319,900
267,500
Notes:
(1)Interpolated from State Data Center Forecasts for 2005 and 2015 (based on 1990-1996 net-migration
rate)
(2)1998 State Data Center Forecasts (based on 1990-1996 net-migration rate)
(3)Employment numbers are rounded
Source: CAMPO. Adopted May 10, 1999
This may well be your last chance to own an affordable little piece of the country before skyrocketing land prices put it out of reach.
For more information on the 16-acre tract, please contact Larry Locke at (512) 619-8232 or email Larry at larryvlocke@matexas.com.
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