Map
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Grid
- Status: Active
- Property Type: Multi Family
- County: Caldwell
- School District:
- Subdivision: NA
- Built: 1949
- Lot Size: 23.334 acres
- Building SqFt: 15290
- $/Building SqFt: 81.75
- Heating: Central, Electric, Fireplace(s)
- Cooling: Central Air, Electric
Located in the Growth Triangle of Texas, 5 minutes outside Lockhart, 30 minutes from Austin-Bergstrom Airport, and 1 hour 20 minutes from San Antonio airport, this 23-acre property features a meticulously cared for main residence, 6 income-producing rental units, and an indication from the county of willingness to approve additional units. Excellent opportunity to purchase land ahead of the coming development in and around Lockhart- in the area, there are 5000 homes planned in the next 3 years, large industrial park development in the works, and 775K+ labor force to house. You'll appreciate the turnkey nature of these very well-maintained rentals; all are recently refreshed with paint/flooring, some have new roofs 2022, all have new HVAC 2022-2023. With no deferred maintenance, you can begin enjoying ROI immediately no matter whether you choose to leave the property as-is or tap into its full development potential. At current market rents, this property can clear 10K monthly. Call for full feature list and numbers to consider for your portfolio.
- Construction Materials
- Brick, HardiPlank Type
- Building Features
- None
- Utilities
- Electricity Connected, Sewer Connected, Water Connected
- Restrictions
- None
- Listing ID
- 5542812
- Sub Agency Compensation
- 0.000$
- Buyer Agency Compensation
- 3%
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.