Listing Agency: JLL | Austin Show Phone

Listed By: Joe Dowdle · License ##535928 Show Phone

Source: Moodyscre

Added: Jul 16, 2025 Changed: Sep 14 Last Checked: Sep 14 at 9:58AM

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Investment Insights

Based on property information with market context.

This is a fully entitled multifamily development site located within an Opportunity Zone in Lockhart, Texas. The property spans approximately 10.32 acres. Per the existing zoning, the site can accommodate 23.5 units per acre. The site is walking distance to Lockhart High School and downtown Lockhart, which is currently experiencing a renaissance in offering food, beverage, and entertainment venues. Lockhart boasts a diversifying economic foundation, a growing population, and favorable market dynamics.

Key Highlights

• Fully entitled multifamily development site with 215 units.
• Located within an Opportunity Zone, offering potential tax benefits.
• Situated on ±10.32 acres in Lockhart, Texas, benefiting from the city's emerging growth.

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Electrical Service Kitchen & Bath Showroom Furniture & Home Goods HVAC Service Plumbing Service Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

354

Businesses Nearby

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Questions? Ask Rey

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What type of property is this? Where is this land located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Land - 215-unit multifamily development site in an Opportunity Zone.

Where is this land located?

The property is located at 400 FM 20 Lockhart, TX.

What are key features of this property?

This property features: Fully entitled multifamily development site with **215 units**.; Located within an Opportunity Zone, offering potential tax benefits.; Situated on ±10.32 acres in Lockhart, Texas, benefiting from the city's emerging growth.