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    183 Hwy Lockhart, TX 78644

    For Sale
    $1,186,200

    26 Acres, Hwy 183 frontage, development potential.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional 26.36-acre ranch property boasts over 1,050 feet of prime highway frontage along Highway 183, just south of the thriving city of Lockhart, Texas. Located outside the extraterritorial jurisdiction (ETJ), this expansive tract presents a multitude of development opportunities, capitalizing on the significant growth experienced in Lockhart and Caldwell County. The land offers a desirable blend of approximately 17 acres of partially wooded terrain and approximately 9 acres of cleared land, providing a picturesque setting with a nice mix of trees in the rear. A wet weather creek gracefully borders the southern edge of the property, adding to its natural charm. Currently benefiting from a wildlife exemption, the property is fenced on three sides, enhancing its practicality and security. Conveniently situated, it's approximately a 35-40 minute drive to Austin-Bergstrom International Airport (ABIA) or the Tesla Gigafactory, and only 4.5 miles from a Walmart Supercenter. The seller is open to considering the division of the property into smaller tracts of 10 acres or more, presenting further flexibility for potential buyers. Please note that seller-imposed restrictions apply

    Property Features for 183 Hwy

    General Information

    Property type
    Agricultural properties
    Lot Size
    1,148,242 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Farms

    Map

    City
    Lockhart
    County
    Caldwell
    State
    Texas
    Longitude
    -97.67041
    Latitude
    29.88501

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    FAQs

    What type of property is this?
    Agricultural property - 26 Acres, Hwy 183 frontage, development potential.
    Where is this agricultural property located?
    The property is located at 183 Hwy Lockhart, TX.
    What is the asking price?
    The asking price for this property is $1,186,200.
    (512) 376-9903
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    183 Hwy Lockhart, TX 78644
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