LIVE OAKS SPRINGS
| 3 0 P R I VAT E E S TAT E L O T S
LUXURY RESIDENTIAL SUBDIVISION IN HIGH GROWTH SOUTHWEST AUSTIN. PHASE 2 ALSO AVAILABLE
D A V E
M U R R AY
B R O K E R , R E A LT O R ® 5 1 2 . 6 9 5 . 2 1 7 6 D A V E @ D M T X . C O M
T O P 1 % I N G R E AT E R A U S T I N
R E S I D E N T I A L
|
D M T X R E A LT Y G R O U P L A N D | I N V E S T M E N T W W W. D M T X . C O M
REA LTY
Each office is independently owned and operated
L I V E O A K S S P R I N G S | 3 0 P R I VAT E E S TAT E L O T S
D A V E
M U R R AY
B R O K E R , R E A LT O R ® 5 1 2 . 6 9 5 . 2 1 7 6 D A V E @ D M T X . C O M
T O P 1 % I N G R E AT E R A U S T I N
Overview: Preliminary plan is approved for Live Oak Springs, intended to be a luxury residential subdivision in high growth southwest Austin ETJ with home prices in the $1.5M range. At the end of Zyle Rd and within highly acclaimed AISD school districts, buyers are drawn from Circle C Ranch and surrounding high income communities. Est Cost: Total development cost is estimated to be $8.25M comprising $6.25M for the land and $2M for the improvements and fees. ($275K/Lot) Est Sched: Approved Plans / Construction Start 4/30/2021 Home construction begins 9/30/2021 Development complete 12/31/2021 Ownership: Investor acquires the 51 acre tract minus lots 7A and 1C. First right of refusal available on balance of tract. Sales: Letter of intent received from high end custom home builder for 5 lots at $325-350K/Lot. Ten percent deposit due at final plat and balance on delivery of finished lots. The balance of tract is available with first right of refusal.
CLICK HERE to view the Preliminary Plan Est ROI: Total revenue at $375K/Lot is $10.5M. Total investor cost is $7.7M ($5.7M plus an estimated $2M hard and soft costs). ROI is 36%. With 10% deposits for all lots, investor cost reduces to $6.7M and ROI increases to 57% . R E S I D E N T I A L | T O P 1 % # 1
D M T X R E A LT Y G R O U P L A N D | I N V E S T M E N T I N G R E AT E R A U S T I N W W W. D M T X . C O M
REA LTY
Each office is independently owned and operated
L I V E O A K S S P R I N G S | 3 0 P R I VAT E E S TAT E L O T S
Country Living The hard work and dedication has paid off, but success has brought more responsibility at the office. Family and personal time is increasingly scarce. A vacation home in the hill country would bring peace and connectedness, but the distance and traffic makes that impractical. Live Oak Springs is the solution, luxury country living within the City’s ETJ limits.
D A V E
M U R R AY
B R O K E R , R E A LT O R ÂŽ 5 1 2 . 6 9 5 . 2 1 7 6 D A V E @ D M T X . C O M
T O P 1 % I N G R E AT E R A U S T I N
Convenient Location Located in high growth Southwest Travis County, Live Oak Springs is a refreshing retreat woven into the natural beauty of the Texas Hill Country. Surrounded by hundreds of acres of protected wilderness and thoughtfully integrated with open spaces, families can find peace and serenity without sacrificing convenience.
R E S I D E N T I A L | T O P 1 % # 1
D M T X R E A LT Y G R O U P L A N D | I N V E S T M E N T I N G R E AT E R A U S T I N W W W. D M T X . C O M
REA LTY
Each office is independently owned and operated
L I V E O A K S S P R I N G S | 3 0 P R I VAT E E S TAT E L O T S
D A V E
M U R R AY
B R O K E R , R E A LT O R ® 5 1 2 . 6 9 5 . 2 1 7 6 D A V E @ D M T X . C O M
T O P 1 % I N G R E AT E R A U S T I N
LIVE OAKS SPRINGS
| 3 0 P R I VAT E E S TAT E L O T S
LUXURY RESIDENTIAL SUBDIVISION IN HIGH GROWTH SOUTHWEST AUSTIN D M T X R E A LT Y G R O U P R E S I D E N T I A L | L A N D | I N V E S T M E N T T O P 1 % # 1 I N G R E AT E R A U S T I N W W W. D M T X . C O M
D A V E
M U R R AY
B R O K E R , R E A LT O R ® 5 1 2 . 6 9 5 . 2 1 7 6 D A V E @ D M T X . C O M
REA LTY
Each office is independently owned and operated