Colorado St Lockhart, TX 78644
This exceptional 191.39-acre mixed-use development site presents a compelling investment opportunity in Lockhart, Texas, renowned as the "BBQ Capital of the World." Situated approximately one mile north of the vibrant downtown area, this property boasts unparalleled access to major transportation arteries. Highway 183 and Texas Highway 130 are easily accessible via Farm to Market Road 2001, ensuring seamless connectivity for residents and businesses alike. The property's zoning is diverse, encompassing Residential High Density, Residential Low Density, and Agricultural designations on the Highway 183 frontage. The rear portion of the land extends beyond city limits, offering flexibility in development plans. This strategic location within a Texas Opportunity Zone further enhances its investment appeal, providing potential tax advantages for qualified investors. The expansive acreage provides ample room for a variety of development projects, from residential communities to commercial ventures, capitalizing on Lockhart's growing popularity and robust economy. This is a rare chance to acquire a significant land holding in a thriving Texas market. The scale and location of this property make it ideal for large-scale development projects.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.