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.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyCaldwell
- Taxes$6,731
- HOA/Condo/Coop Fees$0
- Days on Site31 Days
- MLS StatusActive
- MLS ID Number5542812
- Home Size Source Public Records
- Year Built1949
- Lot Size23.334 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Construction Brick
- Parking Circular DrivewayDetached CarportDrivewayDetachedGatedOn SiteParking PadShared DrivewaySide By SideVariesby Unit
- Parking Spaces 20
- Sewer Septic Tank
- Number of Stories 1
- Acreage 23.334
- Water See RemarksWell
- Security Smoke Detector(s)
- Property Sub Type Multi Family
- Utilities Electricity ConnectedSewer ConnectedWater Connected
- Foundation PermanentPillar/ Post/ PierSlab
- Listing Conditions Standard
Interior Features
- Cooling Central AirElectric
- Heating CentralElectricFireplaces
- Flooring CarpetLaminateVinylWood
- Laundry Features Washer HookupDryer Hookup
- Fireplace Yes
Exterior Features
- View PanoramicPondPastureRural
- Waterfront Property No
- Other Structures Barn(s)Mobile HomeOutbuildingPoultry CoopSecond ResidenceResidenceShed(s)Storage
Community Features
- MLS Area CC
- Security Features Smoke Detector(s)