15771 S IH 135 Frontage Road 5 Rare opportunity - Get in early with the recently updated Salado Airport project. Presently, the Salado Airport project puts no restrictions on the design or use of your hangar - it can be used for living, leasing, or business use (buyer to do their own due diligence). This lot fits a hangar that is approximately 50'x56' with a 20' eve height and has roughed-in plumbing for future potential living space. The airport features a 3, 400' paved runway and is only 2 miles from all that downtown Salado has to offer. Lots are on 99 year land leases with renewable 50 year options. The transaction is the same as a fee simple transaction.