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Property profile & analytics
OFF-MARKET
Mixed-use properties

Colorado St Lockhart, TX 78644

191.39 ac lot Built 1701
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Mixed-use properties
Year built 1701
Lot 191.39 ac (8,336,948 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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