Rare 152-Acre Development Opportunity in Rapidly Growing Belton, Texas This approximately 152-acre tract on Elm Grove Rd in Belton offers an exceptional development opportunity in one of Central Texas’ fastest-growing communities. A current development approach envisions approximately 120 residential lots, creating the potential for a substantial new community in a market experiencing continued growth and demand. Preliminary projections indicate individual finished lots could potentially be valued from approximately $400,000 to $1,000,000 each, depending on location, size, amenities, and final development plans. A major highlight is the property’s Lampasas River frontage, with approximately eight potential riverfront homesites. These premium lots could provide a highly desirable waterfront amenity and significant additional value to the development. The property also includes a small one-bedroom home that needs work and a large outbuilding, offering existing improvements with potential utility during the development process. Located in Belton with convenient access to Temple, Salado, Georgetown, Austin, and major Central Texas employment corridors, the property combines development potential with a desirable location and natural setting. With approximately 152 acres, a development approach for 120 homesites, potential lot values of $400,000–$1,000,000 each, and rare Lampasas River frontage, 4170 Elm Grove Rd presents a compelling opportunity for developers, builders, and investors seeking a significant Central Texas development tract. Development approach, lot count, density, lot values, utilities, access, and feasibility are subject to verification and applicable governmental approvals.
Rare 152-Acre Development Opportunity in Rapidly Growing Belton, Texas This approximately 152-acre tract on Elm Grove Rd in Belton offers an exceptional development opportunity in one of Central Texas’ fastest-growing communities. A current development approach envisions approximately 120 residential lots, creating the potential for a substantial new community in a market experiencing continued growth and demand. Preliminary projections indicate individual finished lots could potentially be valued from approximately $400,000 to $1,000,000 each, depending on location, size, amenities, and final development plans. A major highlight is the property’s Lampasas River frontage, with approximately eight potential riverfront homesites. These premium lots could provide a highly desirable waterfront amenity and significant additional value to the development. The property also includes a small one-bedroom home that needs work and a large outbuilding, offering existing improvements with potential utility during the development process. Located in Belton with convenient access to Temple, Salado, Georgetown, Austin, and major Central Texas employment corridors, the property combines development potential with a desirable location and natural setting. With approximately 152 acres, a development approach for 120 homesites, potential lot values of $400,000–$1,000,000 each, and rare Lampasas River frontage, 4170 Elm Grove Rd presents a compelling opportunity for developers, builders, and investors seeking a significant Central Texas development tract. Development approach, lot count, density, lot values, utilities, access, and feasibility are subject to verification and applicable governmental approvals.
Unlock MLS #4745148
Sep 1, 2026
Listed
$10,999,000
CTXMLS #578041
Apr 10, 2026
Listing Removed
—
Apr 28, 2025
Listed
$12,000,000
CTXMLS #578048
Apr 10, 2026
Listing Removed
—
Apr 28, 2025
Listed
$12,000,000
Unlock MLS #3618145
Apr 28, 2025
Listed
*
Unlock MLS #6821528
Apr 28, 2025
Listed
*
CTXMLS #454443
Feb 1, 2022
Pending
—
Feb 1, 2022
Listing Removed
—
Oct 15, 2021
Listed
$5,986,050
Year
Property tax
Land + Additions
Assessment*
2025
$1,545
Public record
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
159.63 Acres
Year renovated
—
Finished Sq. Ft.
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Unfinished Sq. Ft.
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Total Sq. Ft.
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Year built
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Style
Ranch
County
Bell County
APN
000000058426
Parking Spaces
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Basement
—
Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Aug 26, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
5/10 Fire Factor
5% chance of being in a wildfire in next 30 years
8/10 Heat Factor
7 days above 108° expected this year, 24 days in 30 years
8/10 Wind Factor
80% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Belton, TX • 76513
Average low and high temperatures (°F)
58
38
69
46
81
56
81
62
86
66
92
74
92
74
95
74
92
70
88
63
76
53
67
46
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
89/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
7.3 hrs
6.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 4170 Elm Grove Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $173,000 and $375,000.
Nearby comparable homes
The Redfin Estimate uses 5 recent nearby sales, priced between $173K to $375K.