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Georgetown, TX 78626
$3,950,000
53.578 acres of pure San Gabriel River frontage — this is the kind of tract that doesn't come around often. Ownership extends to the center of the river channel, plus a small pocket across the water and a triangle piece fronting both HWY 29 and Old HWY 29, giving you serious road exposure to go with the river views.
Currently AG exempt and running hay production, with a solid pocket of sandy loam down by the river — previous owners pulled some for harvest and never filled it back in, so there's opportunity there for the right buyer. Infrastructure is already in place: a 24" Jonah Water line crosses the river at the eastern property line and runs the full length of the frontage, two water taps (one next to the water well that has a meter, one at the western entrance at the front of the property that's just a tap), a fire hydrant, a water well that's connected to the house, and three electrical drops with two currently in use. No deed restrictions, not in the ETJ — room to work with.
There's an old farmhouse on the eastern side of the property; it doesn't hold real value and would be a teardown or clear for redevelopment. The property sits entirely within the 100-year floodplain, with a portion in the floodway — so this is best suited for a residential community concept where each lot can be designed to capture direct river frontage rather than a single homesite. Bring your vision for a riverside development unlike anything else in Georgetown.
Questions on 100 Old State Highway 29 None E, or want to see it in person?
Listed by Reese Phillips, Compass RE Texas, LLC