Land with Large Shop
1501 Boggy Creek Road Lockhart, TX 78644
1501 Boggy Creek Road, Lockhart, TX, 78644
$1,490,000
For Sale
$1,490,000
COMMERCIAL - Lockhart, TX
Property Size7,260 SF
Lot Size37.47 Acres
Price / SF$205.23
Days on Market184
Property Features for 1501 Boggy Creek Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Vegetation
- Wooded
- Exterior features
- Storage
- Standard status
- Active
- APN
- 120197
- Size
- 7,260 SF
- Lot size
- 37.47 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- A002 BERRY, FRANCIS, TRACT 9, ACRES 37.4673, ** MAPLE RANCH UNRECORDED **
- Tax Annual Amount
- 10327
Utilities
- Sewer type
- Septic Tank
- Cooling system
- Window Unit(s)
Building Details
- Year built
- 2022
- Floors in Building
- 3
- Flooring type
- Tile, Laminate
- Building materials
- WoodSiding
- Additional Structures
- Storage
Listing agency
TS Realty
(210) 269-9940
Listed by
Elizabeth Schmidtberger · License #0690215
(210) 269-9940
Added: Jan 19 Updated: Jul 10 at 6:36PM Checked: Jul 22 at 5:06PM
MLS# 602313
Copyright © 2026 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This for-sale property in Lockhart, Texas combines expansive land with multiple structures designed for flexible use. At the center is a nearly 8,000-square-foot shop built on a slab, suited for equipment storage, workshop activity, or other commercial-style operations. The property also includes a tiny home with 3 bedrooms and 2 bathrooms, plus an additional one-room tiny house with its own bathroom.
The outdoors are characterized by mature trees, creek frontage, and open space. Additional improvements include multiple shipping container buildings with electricity, along with a hot tub set on its own slab. The listing also notes there is no HOA.
Overall, the layout supports both on-site living and utility-driven storage/workspace options across the property’s approximately 37.47 acres.
The outdoors are characterized by mature trees, creek frontage, and open space. Additional improvements include multiple shipping container buildings with electricity, along with a hot tub set on its own slab. The listing also notes there is no HOA.
Overall, the layout supports both on-site living and utility-driven storage/workspace options across the property’s approximately 37.47 acres.
Key Highlights
- Nearly 40 acres on Boggy Creek Road in Lockhart with mature trees and winding creek frontage
- Nearly 8,000 sq. ft. shop on slab with storage/workshop space for equipment and commercial or hobby use
- 2022 build with wood siding; interior flooring includes tile and laminate
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $108.0k | $14.88 |
| − Vacancy | −$22.0k | −$3.04 |
| EGI | $86.0k | $11.84 |
| − OpEx | −$12.9k | −$1.78 |
| NOI | $73.1k | $10.07 |
7,260 SF · lease $14.88/SF/yr · vacancy 20.40% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.04M
$913.7K – $1.22M
NOI $73,092 @ 7.0% cap · market cap 4.91%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.03M
$2.66M – $3.54M
NOI $212,440 @ 7.0% cap · market cap 14.26%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Hunting land
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FAQs
What type of property is this?
Warehouse - Expansive Texas land featuring a slab-based shop, two tiny homes, and multiple electrically equipped container buildings.
Where is this warehouse located?
The property is located at 1501 Boggy Creek Road Lockhart, TX.
What is the asking price?
The asking price for this property is $1,490,000.
What are key features of this property?
This property features: Nearly 40 acres on Boggy Creek Road in Lockhart with mature trees and winding creek frontage; Nearly 8,000 sq. ft. shop on slab with storage/workshop space for equipment and commercial or hobby use; 2022 build with wood siding; interior flooring includes tile and laminate