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818 Fm 713, Lockhart, TX 78644
$1,250,000
818 Fm 713, Lockhart, TX 78644View this property at 818 Fm 713, Lockhart, TX 78644
818 Fm 713LockhartTX78644
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Property Description
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.
Full Property Details
Full Property Details for 818 FM713
General
- Price: $1,250,000
- Taxes: $6,731 (2023)
- Status: Active
- Type: Commercial Multi-Family
- MLS ID: 5542812
- Updated: 3/27/2024
- Added to Site: 33 day(s) ago
Interior
- Flooring: Carpet, Laminate, Vinyl, Wood
Additional Information
- Security/Safety: Smoke Detector(s)
- Equipment: Dryer Connections, Washer Hookup
- Other Features: Barn(s), Mobile Home, Outbuilding, Poultry Coop, Residence, Second Residence, Shed(s), Storage
Parking
- Total Spaces: 20
- Parking Features: Circular Driveway, Detached, Detached Carport, Driveway, Gated, On Site, Parking Pad, Shared Driveway, Side By Side, Varies by Unit
- Parking Ratio: 25
Location
- Area: CC
- County: Caldwell
- Subdivision: NA
- Driving Directions: From Lockhart, Left on FM 20 East; Right on FM 713, property on right just before CR 195.
Heating & Cooling
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric, Fireplace(s)
Utilities
- Sewer: Septic Tank, See Remarks
- Water: Well, See Remarks
- Utility Description: Electricity Connected, Sewer Connected, Water Connected
Structural Information
- # Buildings: 18
- Exterior Const.: Brick, HardiPlank Type
- Foundation: Permanent, Pillar/Post/Pier, Slab
- Disability Access: None
- Square Feet: 15,290
- Current Bldg. Use: Manufactured Home, Multi-Family, Pasture, Poultry, Residential
- Year Built: 1949
- Property Condition: Updated/Remodeled
Unit Information
- Occupancy Rate: 100
Additional Structures
- Other Structures: Barn(s), Mobile Home, Outbuilding, Poultry Coop, Residence, Second Residence, Shed(s), Storage
Lot Features
- Property View: Panoramic, Pasture, Pond, Rural
- Lot Size (Acres): 23.334
- Lot Size (Sq. Ft.): 1,016,429.04
- Lot Size Source: Assessor
- Street/Road Desc.: Gravel
Financial Considerations
- Lot Price Per Sq. Ft.: $1.23
- Tax Amount: $6,731.02
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Documents Avail.: Aerial Photos, Topography Map
- Inclusions: Building & Land, Land & Improvements
- Property ID: 20000928500000
Listed by Option One Real Estate
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Schools
Schools serving 818 FM713
School District:Lockhart Isd
Rating | Name | Grades | Distance |
---|---|---|---|
Carver Kindergarten School
371 Carver St, Lockhart, TX 78644 | PK-K | 3.9 mi | |
710 Flores St, Lockhart, TX 78644 | 1-5 | 4 mi | |
715 S Medina St, Lockhart, TX 78644 | K-5 | 4.7 mi | |
500 City Line Rd, Lockhart, TX 78644 | 6-8 | 5.9 mi | |
906 Center St, Lockhart, TX 78644 | 9-12 | 4.4 mi | |
Lockhart High School Freshman M.L. Cisneros Campus
419 Bois Darc St, Lockhart, TX 78644 | 9-12 | 4.6 mi | |
500 N Pecos St, Lockhart, TX 78644 | 9-12 | 4.9 mi | |
1102 Clearfork St, Lockhart, TX 78644 | 1-5 | 4.8 mi | |
211 Mockingbird Ln, Lockhart, TX 78644 | K-5 | 5.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 818 FM713
Date
Details
Price
Change
Source
3/27/2024
Listed
$1,250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 818 FM713
Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,172
-26%
$402,344
-12%
2022
$5,657
—
$458,270
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 818 FM713
818 Fm 713, Lockhart, TX 78644 (MLS# 5542812) is a Commercial Multi-Family property. 818 Fm 713 is currently listed for $1,250,000 and was received on March 27, 2024. Want to learn more about 818 Fm 713? Do you have questions about finding other Commercial Multi-Family real estate for sale in Lockhart? You can browse all Lockhart real estate or contact a Coldwell Banker agent to request more information.