About 818 Fm 713
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.
Features of 818 Fm 713
MLS® # | 5542812 |
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Price | $1,250,000 |
Bathrooms | 0.00 |
Acres | 23.33 |
Year Built | 1949 |
Type | Commercial Sale |
Sub-Type | Multi Family |
Status | Active |
Community Information
Address | 818 Fm 713 |
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Area | CC |
Subdivision | NA |
City | Lockhart |
County | Caldwell |
State | TX |
Zip Code | 78644 |
Amenities
Utilities | Electricity Connected, Sewer Connected, Water Connected |
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Parking | Driveway, Detached, Side By Side, Circular Driveway, Detached Carport, Gated, On Site, Parking Pad, Shared Driveway, Varies by Unit |
View | Pond, Panoramic, Pasture, Rural |
Is Waterfront | No |
Has Pool | No |
Interior
Interior | Carpet, Laminate, Vinyl, Wood |
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Heating | Central, Electric, Fireplace(s) |
Fireplace | No |
Exterior
Construction | Brick, HardiPlank Type |
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Foundation | Pillar/Post/Pier, Slab, Permanent |
Additional Information
Date Listed | March 27th, 2024 |
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Days on Market | 51 |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Tax Year | 2023 |
Estimated Tax | 6,731 |
Total Actual Tax | 6,731 |
Listing Details
Office | Option One Real Estate |
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Contact Info | (210) 389-5266 |