Property profile

000 Fm 20 Lockhart, TX 78644

OFF-MARKET
Farms
367.58 ac lot
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Property summary

AI-generated overview

This exceptional 367.58-acre ranch presents a remarkable development opportunity in Lockhart, Texas. Boasting over two miles of road frontage on three sides, this expansive property offers unparalleled flexibility for a variety of large-scale projects. Imagine a master-planned residential community, or perhaps a substantial commercial development such as industrial warehouses or a manufacturing plant. Its strategic location provides easy access to major transportation arteries, situated less than a mile from the SH-130 Toll Road and a convenient 4.5 miles from the vibrant downtown area of Lockhart. Infrastructure is readily available, with Maxwell SUD and Aqua WSC services at the street. City sewer is approximately two miles away, and a wastewater discharge permit is currently in progress. Adding to its appeal, approximately 90 acres of the property fall within the Lockhart Extraterritorial Jurisdiction (ETJ). This unique combination of size, location, and accessibility makes this property an exceptional investment for discerning developers seeking a prime location in a rapidly growing area. The asking price is $14,700,000. Detailed information and site plans are available upon request.

Property profile

Verified
Property type Farms
Lot 367.58 ac (16,011,785 SF)

Cap rate & NOI

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

Location

000 Fm 20 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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