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    Fm 20 Lockhart, TX 78644

    For Sale
    $14,700,000

    367 Acres, Mixed-Use Potential, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 367-acre tract presents a remarkable mixed-use development opportunity in Lockhart, Texas. Boasting over two miles of road frontage on three sides, this expansive property offers unparalleled access and visibility. Its strategic location less than a mile from the SH-130 Toll Road provides convenient access to Austin, while its proximity (4.5 miles) to Downtown Lockhart ensures connection to the vibrant community. The land's potential is vast, encompassing residential master-planned communities or large-scale commercial projects such as industrial warehouses or manufacturing plants. Infrastructure advantages include Maxwell SUD and Aqua WSC readily available at the street, with city sewer approximately two miles away. A wastewater discharge permit is currently in process, streamlining future development. Adding to its appeal, approximately 90 acres of the property fall within Lockhart's extraterritorial jurisdiction (ETJ). This prime location, coupled with its substantial size and readily accessible utilities, makes this a truly exceptional investment opportunity for discerning developers seeking a high-impact project in a rapidly growing area. The asking price for this expansive property is $14,700,000.

    Property Features for 0 Fm 20

    General Information

    Property type
    Land

    HighLights

    • 367‑acre mixed‑use development tract in Lockhart, TX.
    • Over 2 miles of road frontage on three sides, providing excellent visibility and access.
    • Less than one mile from SH‑130 Toll Road for easy Austin access; 4.5 miles from Downtown Lockhart.
    • Suitable for residential, industrial, or commercial development. Utilities readily available.
    • $14,700,000 asking price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lockhart
    County
    Caldwell
    State
    Texas
    Longitude
    -97.6687743
    Latitude
    29.8706684

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    FAQs

    What type of property is this?
    Land - 367 Acres, Mixed-Use Potential, Prime Location
    Where is this land located?
    The property is located at Fm 20 Lockhart, TX.
    What is the asking price?
    The asking price for this property is $14,700,000.
    What are key features of this property?
    This property features: 367-acre mixed-use development tract in Lockhart, TX.; Over 2 miles of road frontage on three sides, providing excellent visibility and access.; Less than one mile from SH-130 Toll Road for easy Austin access; 4.5 miles from Downtown Lockhart.
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    Fm 20 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
    Fm 20 Lockhart, TX 78644
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