2515 S Colorado St Lockhart, TX 78644
Estimated payment $67,517/month
About This Lot
This ±174.64-acre tract is a fantastic development opportunity with ±1,701 feet of frontage on HWY 183 and ±3,703 feet on Robin Ranch Rd. The northern 6.8 acres is zoned Agricultural (AG), while the rest of the property sits outside city limits and is unzoned, giving you plenty of flexibility for future projects. A portion of the back of the property falls within the FEMA 100-year floodplain (see map for details).
Located in a Texas Opportunity Zone, this site comes with potential tax benefits for investors. Utilities are in place, with water service from Aqua Water Supply via a 4" and a 1.5” water line, plus an 8” City of Lockhart water line stubbed at the northern boundary. Wastewater is easy to access, thanks to a City of Lockhart lift station right next to the property, connected to a 15” gravity line. Electricity is available through Bluebonnet Electric.
With great frontage, strong utility access, and flexible zoning options, this property is a prime spot for development in one of the region’s fastest-growing areas.
Listing Agent
McAllister & Associates Brokerage Phone: (512) 472-2100 License #0345335 Listed on: 10/07/2024
Property Details
Property Type
- Land
Est. Annual Taxes
- $8
Lot Details
- 174.64 Acre Lot
- 31714, 13419, 33641
Home Design
- Home to be built
Schools
- Clear Fork Elementary School
- Lockhart Middle School
- Lockhart High School
Community Details
- South Lockhart Subdivision
Listing and Financial Details
- Assessor Parcel Number 31504
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $8 | $51,020 | $28,530 | $22,490 |
| 2023 | $1,075 | $69,080 | $46,590 | $22,490 |
| 2022 | $1,240 | $68,600 | $46,230 | $22,370 |
| 2021 | $1,096 | $54,380 | $36,410 | $17,970 |
| 2020 | $1,117 | $51,990 | $34,420 | $17,570 |
| 2019 | $1,035 | $48,180 | $31,160 | $17,020 |
| 2018 | $1,250 | $55,480 | $30,130 | $25,350 |
| 2017 | $2,283 | $101,380 | $71,800 | $29,580 |
| 2016 | $1,558 | $69,200 | $41,310 | $27,890 |
| 2015 | -- | $68,710 | $41,320 | $27,390 |
| 2014 | -- | $66,690 | $39,300 | $27,390 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/07/2024 10/07/24 | For Sale | $12,224,800 | -- | -- |
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 8648836
APN: 31504
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