Property Description

Located in the Growth Triangle of Texas, 5 minutes outside Lockhart, 30 minutes from Austin-Bergstrom Airport, and 1 hour 20 minutes from San Antonio airport, this 23-acre property features a meticulously cared for main residence, 6 income-producing rental units, and an indication from the county of willingness to approve additional units. Excellent opportunity to purchase land ahead of the coming development in and around Lockhart- in the area, there are 5000 homes planned in the next 3 years, large industrial park development in the works, and 775K+ labor force to house. You’ll appreciate the turnkey nature of these very well-maintained rentals; all are recently refreshed with paint/flooring, some have new roofs 2022, all have new HVAC 2022-2023. With no deferred maintenance, you can begin enjoying ROI immediately no matter whether you choose to leave the property as-is or tap into its full development potential. At current market rents, this property can clear 10K monthly. Call for full feature list and numbers to consider for your portfolio.

Features
: Central, Electric, Fireplace(s)
: Central Air, Electric
: Panoramic, Pond, Rural, Pasture
: Appliances, Open Space, Storage Area(s), Kitchen Equipment, Storage, Washer Dryer Connections
: Vinyl, Wood, Carpet, Laminate
: On Site, Detached, Gated, Parking Pad, Driveway, Detached Carport, Circular Driveway, Side By Side, Shared Driveway, Varies By Unit
: See Remarks, Septic Tank
: Electricity Connected, Water Connected, Sewer Connected
Address Map
US
TX
Caldwell
Lockhart
78644
818 FM 713, Lockhart TX 78644
0
W98° 24' 0.6''
N29° 52' 22.8''
From Lockhart, Left on FM 20 East; Right on FM 713, property on right just before CR 195.
NA
MLS Addon
Option One Real Estate
Sharon Powell
: Slab, Pillar/post/pier, Permanent
695962
8449
1
: Shed(s), Outbuilding, Barn(s), Storage, Second Residence, Poultry Coop, Mobile Home, Residence
: Standard
1
$6,731
: See Remarks, Well

Commercial Sale For Sale

818 FM 713, Lockhart TX 78644, Lockhart, Texas 78644

1,016,430 Sqft
$1,250,000
Listing ID #5542812
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 5542812
Price : $1,250,000
Year Built : 1949
Lot Area : 1,016,430 Sqft
Building Area : 15,290 Sqft
Status : Active
Property SubType : Multi Family