Views - New Construction
Address
Tbd S Colorado St, Lockhart, TX
Price
$ 12,000,000
Property Attributes
  • MLS#8433910
  • TypeCommercial
  • Listing Status Active Under Contract
  • CountyCALDWELL
  • CityLockhart
  • AreaCC
  • NeighborhoodNorth Lockhart
  • Zip78644
  • StyleMixed Use
  • Year Built1701
  • Taxes$ 1042
  • Price$ 12,000,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size191.39 Acres
Data Source:
Austin Board of REALTORS® (ABOR) as distributed by MLS GRID
Property Description

This ±191.39-acre tract in North Central Lockhart is a fantastic mixed-use development opportunity with excellent visibility and accessibility. Sitting right across from the FM 2001 and Hwy 183 intersection, it's just 0.9 miles south of TX130 and Hwy 183 and about a mile north of downtown Lockhart. With ±2,397 feet of frontage on Hwy 183 and ±374 feet on China Dr., this property offers prime exposure in a high-growth area. The zoning allows for a mix of Residential High Density, Residential Low Density, and Agricultural along the Hwy 183 frontage, while the back portion of the property lies outside city limits, providing added flexibility for development. Utilities are available through the City of Lockhart, including water and electricity, though wastewater service will require off-site improvements, possibly including a lift station. One of the key advantages of this site is its Opportunity Zone designation, which could provide tax benefits for developers. While a portion of the property falls within the FEMA 100-year floodplain (see map for details), its strong connectivity to Hwy 183 and TX130 via FM 2001 makes this a prime spot for future development in a rapidly expanding market.

Price History
12/20/2023 Listed $12,000,000

General Features

Sewer Public Sewer
Heating None
Cooling None
Utilities Electricity Available,Sewer Available,Water Available
Zoning Zoned Residential High D
Construction Materials Other
Year Built 1701
View See Remarks
Property Subtype Mixed Use
Tax Year 2022
Current Use Agricultural
Accessibility None
County Caldwell
New Construction No
Property Type Commercial Sale
Energy Efficient None
Subdivision Name North Lockhart
Building Features See Remarks
Green Sustainability None
Other Structures None
Status Active Under Contract
Directions located at the intersection of Hwy 183 and FM 2001 (Silent Valley Rd); just 1 mile north of downtown Lockhart.
City Lockhart
Disclosures See Remarks
MLS Area CC
Lot Size Square Feet 8336948.4
Property Condition To Be Built
Additional Parcels Y/N Yes
Lease Type None
Standard Status Active Under Contract
Year Built Source Appraiser
Tax Assessed Value 48600

Interior Features

Flooring See Remarks

Exterior Features

Parking Features None
Water Source Public
Lot Size Acres 191.39
Lot Size Source Survey
Waterfront Y/N No
Other Equipment None
Horse Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 78644

Price
AVG $1.38M
$12M
Taxes
AVG $13,445
$1,042
Year Built
AVG 1983
1701
Visits
AVG 89
336
Data Provided by Inside Real Estate®