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21229179
21229158

1502 S Colorado St, Lockhart, TX 78644 For Sale

SC
TX TX 129962
McAllister & Associates
Listed by McAllister & Associates
$12,000,000
552 days on market
Updated 14 days ago
Opportunity zone

190 Vacant Acres at NEC of FM2001 and HWY 183

Details
APN 18597, 18458
Property Type Land, Mixed Use (+2)
Sub Type Apartment Building, Commercial (+1)
Price per SqFt $1
Broker Co-Op Yes
Acreage 191.390
Zoning RHD, RLD, and AG
Investment Type Redevelopment
Ground Lease No

191 Acre Mixed-Use Dev Tract on HWY 183

Marketing 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.

Investment highlights

  • Texas Opportunity Zone Listing

  • All utilities available

  • A portion of the tract is outside Lockhart City Limits and is therefore not zoned.

  • Frontage on HWY 183 and China

Listing Contacts

SC
TX TX 129962
McAllister & Associates
Listed by McAllister & Associates

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Additional Information

Name
Spence Collins
License
TX 129962
Brokerage
McAllister & Associates
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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