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    10823 Old Lockhart Rd Austin, TX 78747

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    For Sale
    $499,999

    Five-acre unrestricted parcel with electric meter near major roadways.

    Lot size:
    5.03 Acres

    Property Features for 10823 Old Lockhart Rd

    General Information

    Lot size
    5.03 Acres

    Source: Land Up Realty & Investments Agent Neha Rabbani

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

    Overview

    Unrestricted Land with Electric Meter

    This 5-acre parcel is unrestricted and includes an electric meter. The location is less than 5 minutes from 45 Tollway and 8 minutes from I35 Frontage Road. Situated outside city limits, the property maintains proximity to nearby cities, infrastructures, and roads. This property presents investment opportunities for residential, commercial, or combined use. It allows for creating a land compound tailored to specific needs.
    Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Building Supply Wholesale Shop Auto Repair Shop Clothing Store Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Austin
    County
    Hays
    State
    Texas
    Longitude
    -97.7515196
    Latitude
    30.122804

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    FAQs

    What type of property is this?
    Land - Five-acre unrestricted parcel with electric meter near major roadways.
    Where is this land located?
    The property is located at 10823 Old Lockhart Rd Austin, TX.
    What is the asking price?
    The asking price for this property is $499,999.
    What are key features of this property?
    This property features: - 5 UNRESTRICTED Acres; - Electric Meter Installed; - Less than 5 minutes from 45 Tollway
    (832) 692-8251
    Request Owner's contact information
    10823 Old Lockhart Rd Austin, TX 78747
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    Austin, TX 78747
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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
    10823 Old Lockhart Rd Austin, TX 78747
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