818 FM 713, Lockhart TX, 78644
(Active)
$1,250,000
|
15,290 sqft
|
MLS# 5542812
Last Updated: 4/29/2024 12:54 AM
Description for
818 FM 713
Lockhart, TX 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.
Price
$1,250,000
NA
Caldwell
15,290 (approx)
5542812
Active
Description
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 Information
| Property Type: Multi-Family, Business Opportunities, 1 Story | ||
| 23.33 Acres | 15,290 (approx) | 1949 |
| 1 | Brick,Fiber cement | |
NA
Permanent, Pillar/Post/Pi
Well, See Remarks
Septic Tank
Electricity Connected, Sewer Connected, Water Connected
Manufactured Home, Multi-Family, Pasture, Poultry, Residential
Neighborhood
Room Information
Interior Features
Vinyl, Laminate, Carpet, Wood
Central Air, Electric
Electric Heating,
Central, Fireplace
Smoke Detector(s)
Exterior / Lot Features
20 Parking Spaces,
Circular Driveway, Detached, Detached Carport, Driveway, Gated, On Site, Parking Pad, Shared Driveway, Side By Side, Varies by Unit
Brick, Fiber Cement
Panoramic, Other, Pasture, Pond
Updated/Remodeled
Community Features
Smoke Detector(s)
Driving Directions
From Lockhart, Left on FM 20 East; Right on FM 713, property on right just before CR 195.
Financial Considerations
| 020000928500000 |
| $6,731 |
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 |
|---|---|---|---|
| 3/27/2024 | Active | $1,250,000 USD |
|
Tax History (Sourced from Public Records)
| year | Property Taxes | Change | Tax Assessment | Change |
|---|---|---|---|---|
| 2023 | $4,172 USD | -26.25% | $402,344 USD | - |
| 2022 | $5,657 USD | -3.73% | $402,344 USD | 26.85% |
| 2020 | $5,876 USD | - | $317,170 USD | - |