Lago Vista, TX 78645,5300 Lohmans Ford RD

$1,850,000

Est.Price: ?

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Est. payment /mo

3,000 SqFt


SOLD DATE : 03/07/2023

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 3,000 sqft

Price per Sqft $483

Subdivision See Agent

MLS Listing ID 7304193

Sold Date 03/07/23

Originating Board actris

Year Built 2002

Tax Year 2021

Lot Size 10.747 Acres

Property 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.

Location

State TX

County Travis

Interior

Heating Central, Propane

Cooling Ceiling Fan(s), Central Air

Flooring Tile

Fireplace N

Exterior

Utilities Available Electricity Connected, High Speed Internet, Natural Gas Not Available, Phone Available

View Trees/Woods

Accessibility None

Total Parking Spaces 10

Building

Foundation Slab

Sewer Septic Tank

Water Well

Structure Type Masonry – All Sides, Stucco

New Construction No

Others

Restrictions See Remarks

Acceptable Financing Cash, Conventional

Tax Rate 1.88

Listing Terms Cash, Conventional

Special Listing Condition Standard

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Listed by Emily Dieckmann Real Estate, L
Bought with Non Member
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