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US Hwy 183 - 190 Acre Mixed-Use Development Site 191.39 Acres of Commercial Land Offered at $17,170,920 CAD in Lockhart, TX 78644
INVESTMENT HIGHLIGHTS
- Texas Opportunity Zone Listing
- 374 feet of frontage on China St
- 1 mile north of downtown Lockhart
- 2,397 feet of frontage on Hwy 183
- All utilities available
- Great access to Hwy 183 and TX130 via FM2001
EXECUTIVE SUMMARY
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 FACTS
| Price | $17,170,920 CAD | Proposed Use | |
| Sale Type | Investment or Owner User | Total Lot Size | 191.39 AC |
| No. Lots | 1 | Cross Streets | FM 2001 |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Commercial |
| Price | $17,170,920 CAD |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 191.39 AC |
| Cross Streets | FM 2001 |
| Opportunity Zone |
Yes |
1 LOT AVAILABLE
Lot
| Price | $17,170,920 CAD | Lot Size | 191.39 AC |
| Price Per AC | $89,716.91 CAD |
| Price | $17,170,920 CAD |
| Price Per AC | $89,716.91 CAD |
| Lot Size | 191.39 AC |
Approx. 191.39 acres located at the intersection of Hwy 183 and FM 2001; just 1 mile north of downtown Lockhart. Approx. 2,397 feet of frontage on Hwy 183 (S Colorado St) and approx. 374 feet of frontage on China St. All utilities available.
DESCRIPTION
This ±191.39-acre tract in North Central Lockhart, TX, offers a prime mixed-use development opportunity with excellent accessibility and frontage. Located directly across from the FM 2001 and Hwy 183 intersection, the property sits just 0.9 miles south of TX130 and Hwy 183 and approximately one mile north of downtown Lockhart. With ±2,397 feet of frontage on Hwy 183 and ±374 feet of frontage on China Dr., the site provides strong visibility and access. Zoning includes Residential High Density, Residential Low Density, and Agricultural along Hwy 183 frontage, while the rear portion of the property remains outside city limits, allowing for flexible development options. Utilities are available through the City of Lockhart, with water and electricity in place. However, wastewater service will require off-site improvements, including a potential lift station. Additionally, the property is designated within an Opportunity Zone, offering potential tax incentives for developers. A portion of the property falls within the FEMA 100-year floodplain (see map for details), but with strong connectivity to Hwy 183 and TX130 via FM 2001, this site remains an exceptional development opportunity in one of the region’s fastest-growing areas.
ZONING
| Zoning Code | RHD, RLD, and AG (Zoned Residential High Density, Residential Low Density and AG on the frontage of Hwy 183 with the back portion of the Property outside city limits.) |
| RHD, RLD, and AG (Zoned Residential High Density, Residential Low Density and AG on the frontage of Hwy 183 with the back portion of the Property outside city limits.) |
Presented by
US Hwy 183 - 190 Acre Mixed-Use Development Site
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