Jump start planned for The Enclave near Lake WacoJump start planned for The Enclave near Lake Wacohttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=33542014-08-18T06:52:00Z2014-08-17T00:00:00Z

WACO - Clifford Allen, local real estate agent bought 24 lots in The Enclave, a gated community tucked away near Lake Waco at 4005 Lake Shore Dr. The lots are available to any builders and individuals.

Allen said he first brokered the sale of the eight-acre site in 2006, but home construction was spotty thereafter as the national economy tanked.

Now, Allen has priced the lots at $95,000 to $295,000, with those affording the best view of Lake Waco among the most expensive. With those prices, Allen said, houses that go up likely will run between $400,000 and $1.2 million.

Allen listed such amenities as walking trails, a gated entry and stunning views of the lake that he is working to improve by having crews clear away brush and other obstructions at strategic locations around the property.

The Enclave sits on solid rock, Allen said, meaning soil erosion typical of other areas near the lake does not threaten structures at that location.

Four homes now stand in the community, while construction has begun on a fifth and a sixth lot is under contract. “I have received interest in at least two other lots, and I probably will build a speculative home very soon,” Allen said.

Waco Tribune-Herald
http://www.wacotrib.com/news/business/agent-hopes-to-jump-start-luxury-development-in-lake-waco/article_2ac50161-8975-5741-b562-fb6043d746a5.htmlRead more at {Source}

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