This exceptional 26.36-acre ranch property boasts over 1,050 feet of prime highway frontage along Highway 183, just south of the thriving city of Lockhart, Texas. Located outside the extraterritorial jurisdiction (ETJ), this expansive tract presents a multitude of development opportunities, capitalizing on the significant growth experienced in Lockhart and Caldwell County. The land offers a desirable blend of approximately 17 acres of partially wooded terrain and approximately 9 acres of cleared land, providing a picturesque setting with a nice mix of trees in the rear. A wet weather creek gracefully borders the southern edge of the property, adding to its natural charm. Currently benefiting from a wildlife exemption, the property is fenced on three sides, enhancing its practicality and security. Conveniently situated, it's approximately a 35-40 minute drive to Austin-Bergstrom International Airport (ABIA) or the Tesla Gigafactory, and only 4.5 miles from a Walmart Supercenter. The seller is open to considering the division of the property into smaller tracts of 10 acres or more, presenting further flexibility for potential buyers. Please note that seller-imposed restrictions apply
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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