Property profile

399 Seals Creek Rd Lockhart, TX 78644

FOR SALE
Farms
Property ID
US82-9667324
132.1 ac lot
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Property summary

AI-generated overview

This expansive 132-acre ranch presents a remarkable investment opportunity in the thriving Lockhart, Texas market. Boasting over 1,800 feet of road frontage, this property enjoys unparalleled accessibility, strategically located near major transportation arteries including Highway 80, Highway 20, and Toll Road 130. This prime location ensures excellent connectivity for a diverse range of development projects, from residential communities to commercial ventures or mixed-use developments. The property is fully serviced with Maxwell Water and Bluebonnet Electric, providing essential utilities for immediate development. Currently benefiting from an agricultural exemption, resulting in lower property taxes, this land offers significant financial advantages. Furthermore, the absence of zoning or restrictions provides unparalleled flexibility for future development plans, allowing for maximum creative freedom and efficient project execution. The surrounding area is experiencing significant growth, with several new developments underway, underscoring the exceptional potential of this property to capitalize on the region's upward trajectory. For those seeking even greater scale, an additional 95 acres with extra road frontage are also available for purchase, presenting an unparalleled opportunity to expand the scope of any development project. This is a rare chance to acquire a substantial tract of land in a rapidly expanding market.

Property profile

Verified
Property type Farms
Lot 132.1 ac (5,754,276 SF)
UPID US82-9667324

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

399 Seals Creek Rd Lockhart, TX 78644
Lockhart metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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