State Park Rd Lockhart, TX 78644
- Commercial real estate
- 367.58 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for State Park Rd
- Lot size
- 367.58 lot acres
- Property type
- Commercial real estate
Description
This exceptional 367.58-acre commercial property presents a remarkable development opportunity in Lockhart, Texas. Boasting over two miles of road frontage on three sides, this expansive tract offers unparalleled visibility and accessibility. Its strategic location less than a mile from SH-130 Toll Road and 4.5 miles from Downtown Lockhart ensures convenient access to major transportation arteries and the vibrant city center. The property's potential is vast, encompassing possibilities for a large-scale residential master-planned community or substantial commercial ventures such as industrial warehouses or a manufacturing plant. Existing infrastructure includes Maxwell SUD and Aqua WSC services at the street, with city sewer approximately two miles away. A wastewater discharge permit is currently in process, streamlining the development timeline. Adding to its appeal, approximately 90 acres of the property are situated within the Lockhart extraterritorial jurisdiction (ETJ). This prime location, coupled with its substantial size and readily available utilities, makes this property an exceptional investment for discerning developers seeking a significant land acquisition in a rapidly growing Texas market. The asking price is $14,700,000. Detailed site plans and further information are available upon request.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lockhart
- County
- Caldwell
- State
- Texas
- Longitude
- -97.6694
- Latitude
- 29.8722
