HUGE PRICE REDUCTION- EXCELLENT OPPORTUNITY. This 40 acres known as Phase III of River Ranch Subdivision has many different possibilities. Originally platted for Townhome units, some forested hillside and some in the pasture. This is still a possibility but may be better suited as something like 10 to 12 home sites. It could also be a mini ranch with exceptional conservation easement possibilities by giving up most of the development rights. Excellent access and rights to water and sewer from Forest Lakes metro district. Access to River Ranch fishing easement and the 17 acre HOA island including three ponds and over mile of excellent fishing. This acreage is very usable and has great access just off CR 501. Water and sewer tap fees are available through Forest Lakes Metro Disctrict if well/septic is not preferred.