818 FM 713 Lockhart, TX $ 1,250,000
818 FM 713
$ 1,250,000
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818 FM 713

Lockhart, TX, 78644
$ 1,250,000
Baths0.0 Sq 15,290

Monthly Estimate*

$ 8,308

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Studio

Commercial Property for sale in Lockhart, TX

for $1,250,000. This 15,290 square foot building was built in 1949 on a lot size of 23.334.

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.

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Commercial Active

Price

$ 1,250,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 13,573

Style

Multi-Family

Lot Size

23.334

Year Built

1949

Town/City

Lockhart

County/Region

Caldwell

MLS | Web ID

5542812

Features
General
Sewer Septic Tank See Remarks
Heating Central Electric Fireplace(s)
Cooling Central Air Electric
Utilities Electricity Connected Sewer Connected Water Connected
Security Features Smoke Detector(s)
Construction Materials Brick HardiPlank Type
Year Built 1949
View Panoramic Pasture Pond Rural
Property SubType Multi-Family
Tax Year 2023
Current Use Manufactured Home Multi-Family Pasture Poultry Residential
Accessibility None
County Caldwell
Operating Expense 8906.9
New Construction N
Property Type Commercial Sale
Energy Efficient None
Subdivision Name NA
Building Features Appliances Kitchen Equipment Open Space Storage Storage Area(s) Washer/Dryer Connections
Green Sustainability None
Other Structures Barn(s) Mobile Home Outbuilding Poultry Coop Residence Second Residence Shed(s) Storage
Status Active
Directions From Lockhart Left on FM 20 East; Right on FM 713 property on right just before CR 195.
City Lockhart
Disclosures Seller Disclosure
MLS Area CC
Lot Size Square Feet 1016429.04
Waterfront Y/N N
Street Name FM 713
Tax Annual Amount 6731.02
Property Condition Updated/Remodeled
Additional Parcels Y/N Y
Leasable Area 0
Lease Type See Remarks
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 617790
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Interior
Flooring Carpet Laminate Vinyl Wood
Total Stories 1
Total Bedrooms 0
Total Baths 0
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Exterior
Parking Features Circular Driveway Detached Detached Carport Driveway Gated On Site Parking Pad Shared Driveway Side By Side Varies by Unit
Water Source Well See Remarks
Total Parking 20
Foundation Details Permanent Pillar/Post/Pier Slab
Number of Buildings 18
Building Area Total 15290
Lot Size Acres 23.334
Road Surface Type Gravel
Lot Size Source Assessor
Other Equipment Dryer Connections Washer Hookup
Horse Y/N N
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Internal Only
Street Number 1 818
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* Excluded Features
List By
Sharon Powell

Listing Agent

Option One Real Estate

Broker

powell.sharon.k@gmail.com

Email

Affordability Calculator

$9,439
Per Month
88%
12%
0%
Monthly Principal & Interest
$8,308
Monthly Property Taxes
$1,131
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3038596 Elementary School
3038443 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/28/2024$1,250,000 Listed Price

Map


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818 FM 713, Lockhart, TX, 78644 is a Commercial Property for sale at $1,250,000 with 15,290 sqft and a lot size of 23.334. 818 FM 713 is a studio with 0.0 baths and was built in 1949. The property's zip code is 78644 which is in Lockhart, TX