167.8 acres on Highway 71 in the ETJ of Horseshoe Bay with 3,023 ft of highway frontage. Great potential for mixed use development with commercial on the highway frontage and multi-family and/or residential on the remainder. Great location between Marble Falls and Llano. Opportunities for development include commercial, multi-family, medical (close to Baylor, Scott, & White Hospital), and city will consider gas station/convenience store. Currently zoned recreational. City open to rezoning. Llano County Property IDs: 19146 & 54957. Survey and Annexation Agreement available.