Central Texas Sees Major Real Estate Acquisition on Panther Island

The Central Texas real estate sector is experiencing noteworthy developments with an Austin-based real estate company making its mark as the largest capital investor on Panther Island. The company, Seco Ventures, purchased a whopping 26 acres valued at a significant $6.77 million. This investment covers nine individual parcels on the island. Interestingly, several parcels are strategically located next to a planned canal or waterfront, providing the benefit of attractive water-side properties. Elaborating on the transaction, LanCarte Commercial was the representative of the seller, Panther Acquisition Partners and Lionhead Capital played a key role in marketing the sale. The acquisition of Panther Island is expected to pave the way for new exciting opportunities for real estate development in Central Texas, making it an interesting destination for investment. [Original Article](https://www.recenter.tamu.edu/news/newstalk-texas/?Item=29524)