Rare unrestricted 5.78 acres suitable for multifamily, residential, or commercial use. Develop into a small acreage luxury home subdivision or build your own dream home with no HOA hassle! This property features a blank canvas of open field with very few trees. With paved road frontage access and no flood plain, the possibilities are endless. Located right off FM 2484 near the Salado high school and Stillhouse Hollow Lake. Engineered plans for a 16 unit duplex project conveys. City water and electricity is available at the street. Septic system required. Solid land investment in a growing City off I-35!