818 Fm 713 Lockhart , TX 78644

Property listed by Option One Real Estate 210-389-5266 {attribution_contact}

Description

15,290 Sqft
1,016,429 Sqft lot
23.33 Acre lot
Status: Active
Property Type: Multi Family
Year Built: 1949
Days on Website: 31
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.

Open House

Property Details and Features

Contact an Agent

Winkler & Company Realtors, Menley Group

512-281-3336

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