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818 FM 713, Lockhart, Texas 78644 For Sale
1,016,430 Sqft - 818 FM 713, Lockhart, Texas 78644
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.
- Listing ID : ACT5542812
- Lot Size : 1,016,430 Sqft
- Stacy Caprio
- View website
- (512) 710-0123
-
stacy@heartofaustinhomes.com