127 Acres Near Tesla
Our special purpose entity SH 127 LLC has acquired 127 acres near the intersection of SH-130 & FM 973. The Property is outside the city limits of Austin, but inside the Extra Territorial Jurisdiction. We are currently working on a site plan at the site for a commercial/industrial development with up to 1.2M square feet, and up to 350 multifamily units. The site has immediate access to SH-130, FM 973, and is several minutes to Decker Lake recreation area, Tesla Gigafactory, Bergstrom Airport and more.
PROJECT DETAILS
127 Acres
City of Austin ETJ
Exit 2021 via sale at LP Investor IRR of 422.5% and 3.61x MOC