735 S Colorado ST, Lockhart TX, 78644
(Active)
$1,350,000
|
1,281 sqft
|
MLS# 1069165
Last Updated: 4/28/2024 11:27 PM
Description for
735 S Colorado ST
Lockhart, TX 78644
Rare opportunity to own property on S. Colorado Street (U.S. Hwy 183) in Lockhart. The property is a 0.92-acre tract with several mature trees that may be protected by city ordinance. The property has about 234' of road frontage along S. Colorado Street and about 194' of road frontage along S. Commerce Street. The property was previously comprised of three parcels but was re-platted several years ago to its current configuration. Property is zoned Commercial - Heavy Business. Buyer to verify development potential with City of Lockhart Development Services. There are three structures on the property. However, the value is in the land. The main building on S. Colorado Street was built in 1958 and has about 993 sq. ft. of usable space. It was previously used for office space but is currently vacant. It has had some recent renovations to bring it up to current building codes to allow for occupancy. Other buildings include a vacant, partially demoed single-family residence along S. Commerce Street and a detached storage/utility shed. Seller may remove both prior to closing.
Price
$1,350,000
Biggie Sky Sub
Caldwell
1,281 (approx)
1069165
Active
Description
Rare opportunity to own property on S. Colorado Street (U.S. Hwy 183) in Lockhart. The property is a 0.92-acre tract with several mature trees that may be protected by city ordinance. The property has about 234' of road frontage along S. Colorado Street and about 194' of road frontage along S. Commerce Street. The property was previously comprised of three parcels but was re-platted several years ago to its current configuration. Property is zoned Commercial - Heavy Business. Buyer to verify development potential with City of Lockhart Development Services. There are three structures on the property. However, the value is in the land. The main building on S. Colorado Street was built in 1958 and has about 993 sq. ft. of usable space. It was previously used for office space but is currently vacant. It has had some recent renovations to bring it up to current building codes to allow for occupancy. Other buildings include a vacant, partially demoed single-family residence along S. Commerce Street and a detached storage/utility shed. Seller may remove both prior to closing.
Listing Information
| Property Type: Business Opportunities, Other | ||
| 0.92 Acres | 1,281 (approx) | 1958 |
| Brick,Metal | ||
Biggie Sky Sub
Slab
Public
Public Sewer
Electricity Connected, Phone Available, Sewer Connected, Water Connected
Neighborhood
Room Information
Interior Features
Concrete
Window/Wall Unit
Exterior / Lot Features
6 Parking Spaces,
Asphalt, Driveway, Off Street
Metal, Brick
Commercial - Heavy Business
Level
Driving Directions
Travel south on U.S. Hwy 183 (Colorado Street) into Lockhart. Continue travelling south on Colorado Street until you see the Sonic Drive-In on the left and the Mr. Taco Mexican restaurant on the right. The property is located adjacent to and north of Mr. Taco.
Financial Considerations
| 17683 |
| $10,221 |
Cash, Conventional
Listing Price History
Lockhart Real Estate
Lockhart is located in Texas. Lockhart, Texas 78644 has a population of 15,068.
The median household income in Lockhart, Texas 78644 is $59,692. The median household income for the surrounding county is $58,447 compared to the national median of $66,222. The median age of people living in Lockhart 78644 is 35 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
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Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 1/12/2024 | Active | $1,350,000 USD |
|