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700 Medina St Lockhart, TX 78644

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For Sale
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26-unit apartment building, high-density zoning.

Property size:
16,364 SF

Property Features for 700 Medina St

General Information

Property type
Multifamily properties
Square Feet
16,364 SF
Lot Size
44,867 SF

Building Details

Year Built
1975
Buildings
2
Stories
2
Units
26

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Listing Contact
Bryan Mcmurrey
Bryan Mcmurrey

Listing Agency: Transwestern Austin Listing Agent: Bryan Mcmurrey

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

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Property Insight Report

Overview

This exceptional value-add investment opportunity presents a 26-unit apartment building situated on a 1.03-acre lot in Lockhart, Texas. The property, known as Carlatan, is located at 700 N Medina St, 78644, within Caldwell County. Built in 1975, this multifamily complex comprises two, two-story buildings totaling 16,364 square feet. The property is zoned for Residential High Density, offering significant potential for future development or renovation. Carlatan provides a unique opportunity to capitalize on the growing Lockhart market, conveniently located just 30 miles from Austin, Texas. The property's location benefits from the recent addition of State Highway 130, contributing to Lockhart's expanding economy. This established community offers a slower pace of life while remaining close to the vibrant Austin metropolitan area. The property's APN is 19603. This is a Class C multifamily investment, presenting a compelling opportunity for investors seeking value-add potential in a thriving Texas market. The property's 26 units provide a solid foundation for immediate income generation and future growth. The substantial lot size also offers potential for expansion or additional development. This is a rare opportunity to acquire a well-positioned multifamily asset in a rapidly developing area.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

Location Insight

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  • Local Demand
City
Lockhart
County
Caldwell
State
Texas
Longitude
-97.68558278
Latitude
29.88900781

FAQs

What type of property is this?
Multifamily property - 26-unit apartment building, high-density zoning.
Where is this multifamily property located?
The property is located at 700 Medina St Lockhart, TX.
What are key features of this property?
This property features: Multi-family investment opportunity in Lockhart, TX.; Class C multifamily property.; 16,364 square feet.
(512) 314-3971 Call to check price and availability
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