This parcel is in the process of being zoned commercial and multifamily along the new SH 973 relocation road and Single Family Residential adjacent to that on the east side of the property. Entitlements are well under way with about 50% completion. Preliminary plan approval for the concept plan provided is in progress by Kimley-Horn engineering with the Environmental studies complete, TIA (Transportation Information Assessment) submitted and Wastewater and Water SER’s submitted. The concept plan has been designed considering the Environmental studies and critical environmental features (ponds identified). All the study information and work progress to date for final plan approval is available and will be provided along with the sale of the property. The property is located within 3 miles from Toll Road 130 & Hwy 290 intersection, as well as Home Depot, HEB, and numerous national retails, commercial and hotel businesses, and proximity to ABIA airport. It is 3 miles from the new Tesla manufacturing facility.