WANTED: Residential developer with $1 - 2 Million looking for 100 - 200 acres in Central Texas. Must be willing to take risks. Must be willing to travel. Enjoying the local BBQ is optional, but highly recommend.

LOCATION: Greater Austin:

According to the newspapers and TV, it’s a horrible real estate market. Nothing is selling and prices are stagnant. What better time then now to pick up land for a great bargain and have it ripe for building when the market recovers? Land in Texas is probably cheaper than most anywhere in the country and it’s definitely not getting cheaper. Here are the top 15 locations in the Greater Austin area today:

1. Bastrop - 120 FM 20 at Lone Star Road - $1,200,000 - 120 Acres

2. Bastrop - 429 Foothill Road - $1,649,000 - 194 Acres

3. Bertram - 4 Whitewater Springs - $1,500,000 - 101.42 Acres

4. Elgin - 2681 FM 1704 - $1,550,000 - 155.37 Acres

5. Georgetown - CR 242 - $1,611,000 - 179 Acre

6. Dripping Springs - 2201 Lost Creek Road - $1,350,000 - 100 Acres

7. Buda - 5142 Satterwhite Road - $1,290,000 - 129 Acres

8. Liberty Hill - 17580 Hwy 29 - $1,300,000 - 132.24 Acres

9. Liberty Hill - CR 204 - $1,560,500 - 256.31 Acres

10. Leander - 24601 Bingham Creek Road - $1,250,000 - 103.08 Acres

11. Manor - 21707 Hogeye Road - $1,328,000 - 166.17 Acres

12. Manor - 12719 Jacobson Road - $1,373,000 - 106.42 Acres

13. Manor - 14401 Bois D Arc Lane - $1,570,000 - 100.05 Acres

14. Manor - 17334 Blake Manor - $1,852,500 - 130.32 Acres

15. Taylor - 1150 CR 405 - $1,150,000 - 112 Acres

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If there is a particular property you are interested in, give me a call and I’d be happy to help you determine, through the Multiple Listing Services, the approximate absorption rate of lots and homes in that area, how much inventory is on the market and other questions to help with your investment decision.

If you’re looking for lots in Georgetown, Texas or homes in Georgetown, Texas visit my property search page on my website for the latest inventory available.