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Multifamily Development Site in Lockhart
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400 FM 20, Lockhart, TX

215-unit multifamily development site in an Opportunity Zone.

Lot Size10.32 Acres
Days on Market382

Property Features for 400 FM 20

General Information

Standard status Active
Lot size 10.32 Acres
Property subtype LAND
Listing Agency: JLL | Austin
Listed By: Joe Dowdle · License #535928
Source: Moodyscre
Added: Jul 16, 2025 Changed: Jul 10 Last Checked: Jul 21 at 5:31AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JLL | Austin

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

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

39
Businesses Nearby

Market

Properties on Market for Land in Lockhart

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Questions? Ask Rey
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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.
(512) 593-4901 Call to check price and availability
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