Active Under Contract Lot / Land MLS# ACT7267401

TBD HWY 183 Hwy

Lockhart, TX 78644

$12,000,000

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About TBD HWY 183 Hwy

This ±191.39-acre tract in North Central Lockhart is a fantastic mixed-use development opportunity with excellent visibility and accessibility. Sitting right across from the FM 2001 and Hwy 183 intersection, it's just 0.9 miles south of TX130 and Hwy 183 and about a mile north of downtown Lockhart. With ±2,397 feet of frontage on Hwy 183 and ±374 feet on China Dr., this property offers prime exposure in a high-growth area.

The zoning allows for a mix of Residential High Density, Residential Low Density, and Agricultural along the Hwy 183 frontage, while the back portion of the property lies outside city limits, providing added flexibility for development. Utilities are available through the City of Lockhart, including water and electricity, though wastewater service will require off-site improvements, possibly including a lift station.

One of the key advantages of this site is its Opportunity Zone designation, which could provide tax benefits for developers. While a portion of the property falls within the FEMA 100-year floodplain (see map for details), its strong connectivity to Hwy 183 and TX130 via FM 2001 makes this a prime spot for future development in a rapidly expanding market.

Property details

Property

Type
Multiple Lots (Adjacent)
MLS type
Land
Status
Active Under Contract
Lot
191.39 AC / 8,336,948 SF
Original price
$14,000,000
MLS #
7267401

Schools

District
Lockhart ISD
Elementary
Bluebonnet (Lockhart ISD)
Middle
Lockhart
High
Lockhart

Utilities

Utilities
Electricity Available, Sewer Available, Water Available
Water
Public
Sewer
Public Sewer

Financial

Annual tax
$1,042
Tax year
2022
Parcel
18597
Legal
A017 LOCKHART, BYRD, ACRES 191.39
Special conditions
Standard

Location

Subdivision
North Lockhart
County
Caldwell
Directions
located at the intersection of Hwy 183 and FM 2001 (Silent Valley Rd); just 1 mile north of downtown Lockhart.

Location

Neighborhood
North Lockhart

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Listed by Spence Collins, McAllister & Associates

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.