818 FM 713, Lockhart, TX 78644 (MLS # 5542812)
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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.
| LAST UPDATED | 3/27/2024 | TRACT | NA |
|---|---|---|---|
| YEAR BUILT | 1949 | COMMUNITY | NA |
| COUNTY | Caldwell | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | Central Air, Electric |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | CC |
| BARN/EQUESTRIAN | Yes |
| BUYER'S BROKERAGE COMPENSATION | 3.000 |
| CONSTRUCTION | Brick, HardiPlank Type |
| HEAT | Central, Electric, Fireplace(s) |
| LOT | 23.334 acre(s) |
| PARKING | Circular Driveway, Detached, Detached Carport, Driveway, Gated, On Site, Parking Pad, Shared Driveway, Side By Side, Varies by Unit |
| SEWER | Septic Tank |
| STORIES | 1 |
| SUBDIVISION | NA |
| TAXES | 6731.02 |
| UTILITIES | Electricity Connected, Sewer Connected, Water Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Panoramic, Pasture, Pond, Rural |
| WATER | Well, See Remarks |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Property listed by Sharon Powell, Option One Real Estate
Based on information from the Austin Board of REALTORS ® (alternatively, from ACTRIS) for the period through 5/2/24 8:57 AM PDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
This IDX solution is (c) Diverse Solutions 2024.