$1,250,000
818 Fm 713, Lockhart, TX
23.33
Acres
Located in the Growth Triangle of Texas, 5 minutes outside Lockhart, 30 minutes from Austin-Bergstrom Airport, and 1 hour 20 minutes from San Antonio airport, this 23-acre property features a meticulously cared for main residence, 6 income-producing rental units, and an indication from the county of willingness to approve additional units. Excellent opportunity to purchase land ahead of the coming development in and around Lockhart- in the area, there are 5000 homes planned in the next 3 years, large industrial park development in the works, and 775K+ labor force to house. You'll appreciate the turnkey nature of these very well-maintained rentals; all are recently refreshed with paint/flooring, some have new roofs 2022, all have new HVAC 2022-2023. With no deferred maintenance, you can begin enjoying ROI immediately no matter whether you choose to leave the property as-is or tap into its full development potential. At current market rents, this property can clear 10K monthly. Call for full feature list and numbers to consider for your portfolio.
Facts & Features
| ListingFeed | abor |
|---|---|
| MLS® # | 5542812 |
| Price | $1,250,000 |
| Bathrooms | 0.00 |
| Acres | 23.33 |
| Year Built | 1949 |
| Type | Commercial |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 818 Fm 713 |
|---|---|
| Subdivision | NA |
| City | Lockhart |
| County | Caldwell |
| State | TX |
| Zip Code | 78644 |
Amenities
| Utilities | Electricity Connected, Sewer Connected, Water Connected |
|---|---|
| Parking | Driveway, Detached, Side By Side, Circular Driveway, Detached Carport, Gated, On Site, Parking Pad, Shared Driveway, Varies by Unit |
| View | Pond, Panoramic, Pasture, Rural |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Carpet, Laminate, Vinyl, Wood |
|---|---|
| Heating | Central, Electric, Fireplace(s) |
| Fireplace | No |
Exterior
| Construction | Brick, HardiPlank Type |
|---|---|
| Foundation | Pillar/Post/Pier, Slab, Permanent |
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
| Contact Details | (210) 389-5266 |