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Nearby Schools
Pat CooperElementary School
Charles A ForbesMiddle School
GeorgetownHigh School
Description
AG Exempt, no restrictions, No Floodplain, outside of the ETJ, outside of the city limits, no zoning, electricity & water connected, prime growth area, Georgetown ISD. Conveniently located minutes from HWY 35, HWY 487, and easy access to Ronald Reagan's extension, making this a prime location for many uses including but not limited to, multi-use with major opportunities for large-scale housing development, commercial, manufacturing, storage, or whatever a developer can dream up. There has been a tremendous amount of activity within a 5-mile radius of this tract. There's no shortage of investment strategies here.
The Jarrell Economic Development Corporation (JEDC) offers competitive incentive programs, and property tax rates are among the lowest in key development areas in the state. Incentives available include:
Performance-based incentives through the City of Jarrell’s 4A Sales Tax Corporation, Tax abatements on real and personal property for up to 10 years, Chapter 380 tax rebates for projects which significantly enhance the City of Jarrell’s tax base, Triple Freeport exemption on property tax on inventory for employers that manufacture or distribute goods that are shipped outside of Texas, Fast-track approval through the development process, including Pre-Development meetings available for all site plans, Reimbursement of allowable permit fees, impact fees, capital recovery fees, and inspection fees associated with the project, Tenant improvement finish out reimbursement, Training dollars for new employees.
Austin, Killeen, and Temple/Belton all reside within 40 minutes of Jarrell and within 3 hours of the cornerstone cities of Dallas/Fort Worth, San Antonio, and Houston. Jarrell has experienced 95% growth from 2018 to the present. Building Permit Growth: 2018-2019: 21%, 2019-2020: 15%, 2020-2021: 39%. Endless possibilities for a great price. Don’t hesitate – call now to be the first in line for this incredible value!
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Based on information from the Austin Board of REALTORS (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Copyright © 2022 Austin Board of Realtors Updated: 6th June, 2023 6:53 AM (UTC)
Listing Agent: Misty Hostottle
Listing Office: Teifke Real Estate
Attribution contact: (512) 870-8184