Water Views - Fixer Upper
Address
4170 Elm Grove Rd, Belton, TX
Price
$ 10,999,000

Your Agent

Queen Matthews

Queen Matthews

Managing Broker

346-258-4432

Property Attributes
  • MLS#3418954
  • TypeCommercial
  • Listing Status Active
  • CountyBELL
  • CityBelton
  • AreaBT
  • Zip76513
  • Style
  • Taxes$ 1471
  • Price$ 10,999,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1176
  • Lot Size159.628 Acres
Data Source:
Austin Board of REALTORS® (ABOR) as distributed by MLS GRID
Property Description

Rare 152-Acre Development Opportunity in Rapidly Growing Belton, Texas This approximately 152-acre tract on Elm Grove Rd in Belton offers an exceptional development opportunity in one of Central Texas’ fastest-growing communities. A current development approach envisions approximately 120 residential lots, creating the potential for a substantial new community in a market experiencing continued growth and demand. Preliminary projections indicate individual finished lots could potentially be valued from approximately $400,000 to $1,000,000 each, depending on location, size, amenities, and final development plans. A major highlight is the property’s Lampasas River frontage, with approximately eight potential riverfront homesites. These premium lots could provide a highly desirable waterfront amenity and significant additional value to the development. The property also includes a small one-bedroom home that needs work and a large outbuilding, offering existing improvements with potential utility during the development process. Located in Belton with convenient access to Temple, Salado, Georgetown, Austin, and major Central Texas employment corridors, the property combines development potential with a desirable location and natural setting. With approximately 152 acres, a development approach for 120 homesites, potential lot values of $400,000–$1,000,000 each, and rare Lampasas River frontage, 4170 Elm Grove Rd presents a compelling opportunity for developers, builders, and investors seeking a significant Central Texas development tract. Development approach, lot count, density, lot values, utilities, access, and feasibility are subject to verification and applicable governmental approvals.

Price History
9/1/2026 Listed $10,999,000

General Features

Sewer None
Utilities Electricity Available,Water Available
Construction Materials Asphalt,Concrete,HardiPlank Type,Metal Siding
View Panoramic,Park/Greenbelt,Pasture,Pond,River,Trees/Woods
Property Subtype See Remarks
Tax Year 2024
Current Use Agricultural,Mixed Use,See Remarks
County Bell
New Construction No
Property Type Commercial Sale
Subdivision Name None
Building Features Appliances,Living Area,Storage Area(s),Washer/Dryer Connections
Other Structures Barn(s),Guest House,Residence
Status Active
Directions Heading East on Holland Rd/FM-436,turn Right on Elm Grove Rd. After 1.5 miles,you will run into the gate.
City Belton
Disclosures See Remarks
MLS Area BT
Lot Size Square Feet 6953395.68
Tax Annual Amount 1481.46
Property Condition Resale
Additional Parcels Y/N No
Leasable Area 6953395
Virtual Tour https://www.propertypanorama.com/instaview/aus/3418954
Lease Type See Remarks
Standard Status Active
Tax Assessed Value 97492

Exterior Features

Parking Features See Remarks,Concrete,Garage,Gated
Water Source Well
Total Parking 5
Number of Buildings 2
Building Area Total 1176
Lot Size Acres 159.628
Road Surface Type Asphalt
Waterfront Y/N No
Other Equipment See Remarks
Horse Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 76513

Price
AVG $1.24M
$11M
Taxes
AVG $3,870
$1,471
Visits
AVG 32
2
Data Provided by Inside Real Estate®

Your Agent

Queen Matthews

Queen Matthews

Managing Broker

346-258-4432

Listed By
RELIVE REALTY LLC;

Areas We Cover