This prime development site offers outstanding visibility with frontage on US Hwy 281, Mormon Mill Rd, and Commerce Street, right in the heart of the Highland Lakes Region. Fully approved for townhome or condo development, it’s a great opportunity to bring a residential project to a thriving area. All utilities are available through the City of Marble Falls, making the development process smoother. A portion of the property does fall within the FEMA 100-year floodplain (see map for details), but there's still plenty of room to build. With its great location and full approvals already in place, this is an excellent spot for a new residential community in one of the most desirable areas of the region!