Property profile

1516 Old Luling Rd Lockhart, TX 78644

FOR SALE
Live-work space
Property ID
US82-6514698
4,240 SF Built 2011
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Property summary

AI-generated overview

A Rare & Unique Live-Work property just minutes from Downtown Lockhart! Passive income potential if you lease the Shop! The 3.79 Acre land has No Zoning restrictions and is ready for Flexible Commercial use, Hobbies, Horses, Cows, or other Livestock including a Barn! The 3440 Sq Ft 4-Bay Work Shop i ... ncludes 4 Bays each with a 20' by 14 ft Roll Up Door, an attached 400 Sq Ft Office/Retail with a Mini Split climate control & additional 400 Sq Ft Storage Space. Plus a 6 Door 1800 Sq Ft detached Garage and 4 Bedroom-3 Bath-1883 Sq Ft Home with High Ceilings. The Work Shop building is ready for many uses, a Mechanic's Shop, RV Storage with 40 Ft depth or space to run (or rent out) almost any type of Business. The possibilities with this property are endless! The detached Garage has a walk through door, 3 Doors on two different sides, perfect for Multi use a s a Garage and/or Workshop/Storage. In the house, the Spacious Primary Bedroom Retreat has an oversized Jetted Bathtub, separate Shower and Walk in Closet with On-Demand Hot Water! One Bedroom has an attached Bath for flexible use as a Guest bedroom. The Entry opens on the left to the Formal Dining Room then to the Light and Airy Living Room. Enjoy the Kitchen with a Propane Gas Range and Open to both Dining areas, perfect for Entertaining! Relax on the Covered Front porch or catch the Sunset on the Covered back porch. Come see this Unique property & make it your own Oasis to Live, Work & Enjoy!

Property profile

Verified
Property type Live-work space
Year built 2011
Total area 4,240 SF
UPID US82-6514698

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1516 Old Luling Rd Lockhart, TX 78644
Lockhart metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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