This property is comprised of two tracts. 8.44 acres which is zoned R-5 specifically for high density (apartments) residential units. This tract has access via an easement located on the west side of Granite Mesa Health Center. The other tract is a .572 lot located on the extension of Sherman Drive. This single-family lot is connected to the multi-family tract. Great location close to the main shopping areas of Marble Falls. Mormon Mill Road is less than half mile away and U.S. Highway 281. Views are good with some elevation. Wet weather creek splits property. Beautiful Live Oaks are along creek bank will make a scenic park like area. Parts of property are in the 100 year flood plain and we have maps to reflect these areas. Great opportunity and priced to sell