TBD N Hwy 183 Hwy Lockhart, TX 78640
Estimated payment $78,274/month
About This Lot
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.
Listing Agent
McAllister & Associates Brokerage Phone: (512) 472-2100 License #0345335 Listed on: 03/21/2023
Property Details
Property Type
- Land
Lot Details
- 191.39 Acre Lot
- 18458
Schools
- Bluebonnet Elementary School
- Lockhart Middle School
- Lockhart High School
Community Details
- North Lockhart Subdivision
Listing and Financial Details
- Assessor Parcel Number 18597
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
10/11/2023 10/11/23 | For Sale | $12,000,000 | 0.0% | -- |
10/04/2023 10/04/23 | Price Changed | $12,000,000 | -14.3% | -- |
03/29/2023 03/29/23 | Pending | -- | -- | -- |
03/21/2023 03/21/23 | For Sale | $14,000,000 | -- | -- |
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 7267401

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