$12.0M

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.

Property Details

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