Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale the 34-acre tract at 871 Isidora Trail in Lockhart Texas (the “Property”). The Property is located off the corner of Highway 130 and Texas State Highway 80 (“SH-80”). This intersection is becoming more desirable as Caldwell County continues to grow exponentially. The entirety of the tract is located in a qualified opportunity zone (“QOZ”), providing potential tax based incentives for developing the parcel. There is water and electricity on site and the tract lies in both the 100 year and 500 year floodplain. The Property boasts over a half mile of frontage on Highway 130 and the tract can also be accessed via Isidora Trail, which runs behind the tract and provides direct access to SH-80. Highway 130 allows for access to Lockhart (13.0 miles away), Austin (44.8 miles away), and Seguin (23.3 miles away). SH-80 allows for access to both Luling (13.1 miles away) and San Marcos (13.6 miles away). Nearby growth has been strong - a 25.9 percent population increase was recorded from 2010-2022 with an average household income of $85,798, both within 5 miles of the site. Given the: 1) limited competition in the area, and 2) river access, and 3) access from both Highway 130 and SH80, the proposed highest and best use for the Property would be an RV Park site. RV Parks are one of the few development uses allowed on land in a flood plain. The adjacent tract is being offered as proposed sites for 10 plus acre ranchettes that are either on the San Marcos River or would have access to the San Marcos River. The RV Park would also be provided river access as a part of the proposed easement specific to these tracts. The Property has been sub-divided from a larger 132.7 acre tract, which has been slated for other proposed uses. Total acreage for the larger tract is based on information taken from the Caldwell County Appraisal District. The additional acreage from the larger tract is also available for acquisition, please contact broker for information and pricing.