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Property profile & analytics
OFF-MARKET
Mixed-use properties

Hwy 183 Hwy Lockhart, TX 78640

27.46 ac lot Built 1900
Property ID
Property summary
AI-generated overview

This exceptional 27.46-acre mixed-use property presents a remarkable investment opportunity in Lockhart, Texas. Strategically located on Highway 183 South (SH 130), approximately eight miles north of Lockhart and near the intersection of Highways 21 and 183, this expansive tract offers unparalleled accessibility and visibility. The land boasts three existing water meters and a pre-installed driveway/entrance, simplifying development plans. Situated outside city limits and the extraterritorial jurisdiction (ETJ), this property provides flexibility in development options. While the land slopes gently towards the rear, a substantial, level build site of approximately five or more acres at the front, directly adjacent to the highway, is ideal for commercial or industrial construction. The property's proximity to major transportation arteries ensures convenient access to Austin, Austin-Bergstrom International Airport (ABIA), and Tesla facilities (approximately 20 minutes away), as well as San Marcos and Bastrop (approximately 30 minutes away). An adjacent property to the south is also available for purchase separately, presenting potential for significant expansion or consolidation. This prime location and substantial acreage make this an exceptional opportunity for developers and investors seeking a high-impact commercial or industrial project. The existing infrastructure significantly reduces upfront development costs, making this a truly compelling investment.

Property profile
Verified
Property type Mixed-use properties
Year built 1900
Lot 27.46 ac (1,196,158 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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