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    Hwy 183 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 commercial property boasts over 1,050 feet of prime 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. The land offers a desirable blend of approximately 17 acres of partially wooded terrain and approximately 9 acres of cleared land, creating a versatile canvas for various projects. The property features a picturesque mixture of trees in the rear, enhancing its natural appeal. A wildlife exemption is currently in place, and the property is fenced on three sides, providing a degree of security and privacy. A wet weather creek runs along the southern edge, adding a unique natural element to the landscape. The seller is open to considering the division of the property into tracts of 10 acres or more, providing flexibility for potential buyers. The property's strategic location offers convenient access to major transportation arteries, with an approximate 35-40 minute drive to Austin-Bergstrom International Airport (ABIA) and Tesla, and a short 4.5-mile distance to a Walmart. Please note that the seller may have imposed certain restrictions

    Property Features for Hwy 183

    General Information

    Property type
    Other commercial real estate
    Lot Size
    1,148,242 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lockhart
    County
    Caldwell
    State
    Texas
    Longitude
    -97.67041
    Latitude
    29.88501

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    FAQs

    What type of property is this?
    Commercial real estate - 26 Acres, Hwy 183 frontage, development potential.
    Where is this commercial real estate located?
    The property is located at Hwy 183 Lockhart, TX.
    What is the asking price?
    The asking price for this property is $1,186,200.
    (512) 376-9903
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    Hwy 183 Lockhart, TX 78644
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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
    Hwy 183 Lockhart, TX 78644
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