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    240 Oil Field Rd Lockhart, TX 78644

    For Sale
    $1,339,999

    34-acre ranch featuring a custom home and subdivision possibilities.

    Lot size:
    33.94 Acres

    Property Features for 240 Oil Field Rd

    General Information

    Lot size
    33.94 Acres

    Source: Lone Star Realty - Lockhart Agent Michelle Harmon

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Gentleman's Ranch with Subdivision Potential

    This unique gentleman's ranch spans approximately 34 acres and includes a custom Tilson home featuring 3 large bedrooms, 2.5 bathrooms, and a 2-car garage. The home has an open floor plan with a center island, a large pantry, and a gas stove. Large windows offer views of the surrounding ranch. The property provides a high degree of privacy, complemented by large covered porches suitable for relaxation. The land has road frontage on two sides, presenting subdivision possibilities, and the owner reports no deed restrictions. The property includes a well, two electric poles, and two septic systems. The land is fully fenced and features a seasonal pond. The barn requires some repairs due to weather-related wear.
    Location Intelligence

    Current Use by Public Records

    Ranches

    Suggested Use

    Pet Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lockhart
    County
    Caldwell
    State
    Texas
    Longitude
    -97.547994
    Latitude
    29.872886

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    FAQs

    What type of property is this?
    Farm - 34-acre ranch featuring a custom home and subdivision possibilities.
    Where is this farm located?
    The property is located at 240 Oil Field Rd Lockhart, TX.
    What is the asking price?
    The asking price for this property is $1,339,999.
    What are key features of this property?
    This property features: - 34 Acres +/- Gentleman's Ranch; - Custom Tilson Home with Open Floor Plan and Large Windows; - Privacy and Seclusion
    (512) 227-0845
    Request Owner's contact information
    240 Oil Field Rd Lockhart, TX 78644
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    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
    240 Oil Field Rd Lockhart, TX 78644
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