110 1st St, Mcgregor, TX 76657

Property Description

Prime multifamily development opportunity in McGregor! Located at 101 NE 1st Street, this approximately 4.1-acre property has been rezoned for apartment development and is planned as the future Rose Hill Apartments. The property currently includes three metal buildings with public utilities available. Previous conceptual plans contemplated up to 96 apartment units. Conveniently located near downtown McGregor, schools, shopping and major roadways. Excellent opportunity for developers and investors in a growing Central Texas market. Buyer to verify zoning, density, utilities and development requirements.