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Colony Bend Ranchettes (CBR) Lot 2

Address:            Adjacent to: 4100 Old Colony Line Rd Lockhart, TX 78644

Price (Cash or with 3rd Party Lender):     $224,900

Price (with Seller Financing):     $232,000

  • Monthly Payment (excluding property taxes):     $2,401.94
  • Seller Financing Down Payment %:     16%
  • Seller Financing Down Payment Amount:    $37,120.00
  • Seller Financing Interest Rate:     12.5%
  • Term:     15 Years

Description:      Large 2.29 acre lot on gently up-sloping, but level lot, with views at the top! The front half of the property has been left with mature trees to create a buffer between your hilltop home and the street. SELLER FINANCING OFFERED at $232,000, 16% down, 12.5% rate, 15 year term ($2,402 per month). Relax during the day while the kiddos are outside building forts and tree houses. The home site of this property provides gorgeous views of the hill country around you. It is located in a peaceful, country setting on a quiet, paved street. Location is perfect, providing with a Dollar General just a couple miles away for basic groceries/ conveniences, yet a little distance from the hustle and bustle of city life, while still being minutes from Lockhart and it’s restaurants, BBQ, services, and large HEB. Clear of brush and ready to build a home or homes. 2 homes permitted by Deed Restrictions. Have your loved ones build on your Property as well. Multiple homes/manufactured homes allowed by Deed Restrictions. Just 13 minutes from Lockhart, 26 minutes to Bastrop, & 48 minutes to Austin. Collect fresh eggs from your chickens every morning/ raise some sheep… and still be able to go into the office in Austin if you need. Manufactured homes, site-built, modular, barndominiums, tiny homes ok. No single-wides. Shared well to be installed before closing. (which can provide unlimited water for irrigation and use… great for a large property like this). Electric pole from from Bluebonnet Electric onsite or within 300′. Buyer to verify availability of all utilities and restrictions. Septic needed. Buyer to get survey. Light deed restrictions in documents to protect property values. Unrecorded deed restrictions provided below (meaning they can be altered if needed. contact Seller).

MLS #:                 N/A

Property Features:

  • Large 2.29 acre lot with mature trees creating a buffer between the home site and the street
  • Gently up-sloping, but level lot with views of the hill country from the hilltop home site Shared Well to be intsalled prior to closing at Seller’s expense Electric power lines on property or within 300′ On a paved street
  • Peaceful, country setting on a quiet street
  • Close to basic groceries/conveniences with a Dollar General a couple of miles away
  • Minutes from Lockhart with its restaurants, BBQ, services, and large HEB
  • Clear of brush and ready to build a home or homes
  • 2 homes permitted by Deed Restrictions, allowing loved ones to build on the property as well
  • Just 13 minutes from Lockhart, 26 minutes to Bastrop, & 48 minutes to Austin
  • Manufactured homes, site-built, modular, barndominiums, tiny homes okay, but no single-wides allowed
What Utilities are Included?

Shared well included in price to be installed prior to closing, Electric pole on Property or within 300′, Septic Needed

 

Are There Any Restrictions?

Yes. There are light deed restrictions to preserve property values.

 

Can I Build More Than 1 House?

City/ County codes ultimately dictate number of dwellings. However, 2 residential structures are permitted in deed restrictions.

 

Can I have a Manufactured Home?

Yes. Double-Wide manufactured homes or larger built within 10-years of installation on the property are permitted. Old homes may be approved by Seller. Single-Wide manufactured homes are not permitted.

 

What kind of home can I put on the Property?

Essentially, any residential home that is not a Single-Wide manufactured home is an approved home. Site-Built homes, tiny homes, double-wide & triple-wide manufactured homes, modular homes, and barndominiums are all approved homes.

 

Is there an HOA?

No HOA

Shared well included in price to be installed prior to closing, Electric pole on Property or within 300′, Septic Needed