The resort community of Horseshoe Bay, the City of Marble Falls and the surrounding areas, located just 55 miles northwest of the booming City of Austin, Texas, are experiencing a rapid rate of growth.  Such growth offers tremendous potential for successful investments in real estate.

The Highland Lakes, a chain of 5 lakes including Lake Buchannan, Inks Lake, Lake LBJ, Lake Marble Falls, and Lake Travis are surrounded by numerous resort communities.  As such the opportunity to own income producing residential resort rental property abounds.  With the dramatic growth taking place in the City of Austin, driven by the expansion of technology based companies such as Dell Computers, the popularity of the Highland Lakes resort communities is increasing exponentially.

As the popularity of the Highland Lakes area draws more and more residents, the opportunities in commercial development and the conversion of ranch acreage into residential communities will continue to provide a significant opportunity for serious real estate investors.  Kent Lesley Real Estate watches the market closely for real estate investment opportunities based on local trends and needs.  Through our affiliations with businesses and individuals in the area, we are able to introduce our real estate investor clients to successful business operators who have an eye on expansion or relocation.

Appreciation in values within the Highland Lakes region varies from community to community.  Horseshoe Bay Resort, recently acquired by the Jaffe Group of San Antonio, Texas, has been the beneficiary of over $25,000,000.00 in improvements to the amenities.

Already the largest Robert Trent Jones, Sr. golf complex in the world, Horseshoe Bay has scheduled the construction of yet another golf course to be designed by the legendary "Golden Bear" himself, Jack Nicholas!  Coupled with the affluence of the other property owners in the Horseshoe Bay community, who continue to upgrade and improve their properties, the appreciation in property values here is unparalled.

 The retail center of the region, The City of Marble Falls, Texas, is the third largest sales tax revenue generating city in the Central Texas Hill Country.  Sales tax revenues in Marble Falls are only exceeded by Austin and San Marcos, and well ahead of Georgetown and Fredricksburg.  Polulation growth within a 10 mile radius of Marble Falls was 49.52% between 1980-1990.  It grew another 48.33% since 1990.  Projected growth in population in just the next 5 years is anticipated to exceed 21%.  There are currently 1192 businesses employing 9,197 people within the same 10 mile radius.  Total potential retail sales for 1999 is projected to be 190 million dollars within 10 miles, 490 million dollars within 20 miles and a whopping 1.56 billion dollars within a 30 mile radius.  As the population growth continues, there will be an increasing need for additional service businesses and retail merchants, creating more demand for commercial office, warehouse and retail facilities. (Statistics derived from a study conducted by National Decision Systems for the Marble Falls / Lake LBJ Chamber of Commerce)

Kent Lesley Real Estate specializes in identifying properties with a high potential for appreciation, development and high yield income generation possibilities.  Kent Lesley currently has a few select, premium properties listed.

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