Misty Commercial

4211 Misty Ln

About this Property

Seller - Maxwell Farms Partners, LP Acreage - 99.08 acres Target Lot Yield - 567 total lots Location - 9.8 miles from San Marcos / 7.4 miles from Kyle / 11.2 miles from Lockhart / 28.7 miles from Austin Jurisdiction - San Marcos ETJ / Caldwell County Utilities - County Line SUD water & wastewater. Lift station needed. NSSA drafted & pending seller signature. Bluebonnet Electric with 3 phase along Farmers Rd. Road Frontage & Access - 2322.58’ on Misty Ln & 1856.33’ on Farmers Rd FEMA Floodplain - No portion of the site is in the FEMA floodplain School District - Lockhart ISD Entitlements - Development agreement in process with Caldwell County. Seller is working with Southwest Engineers & the City of San Marcos to secure preliminary plat approval.

Key Features:

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Lot Pricing

$20,000 per lot ($11,340,000)

Financing Available

OPTION 1 - $120,000 example	OPTION 2 - $120,000 example
10% down 12.75% interest, APR 13.03% 12 year term Loan application: $200 Loan Origination: $600 Underwriting Fee: .5% (Plus closing costs)	15% down or more 11.75% interest, APR 12.03% 12 year term Loan application: $200 Loan Origination: $600 Underwriting Fee: .5% (Plus closing costs)
10% down 12.75% interest, APR 13.03% 12 year term Loan application: $200 Loan Origination: $600 Underwriting Fee: .5% (Plus closing costs)	15% down or more 11.75% interest, APR 12.03% 12 year term Loan application: $200 Loan Origination: $600 Underwriting Fee: .5% (Plus closing costs)

Mortgage Calcultor

Pricing