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Single-Family to Four Plex

Ranchette Tracts - Highway 130 & SH-80

871 Isidora Trail, Lockhart, TX 78644

Listing Price: $3,811,350

Lot Size
70.45 acres
Price/Acre
$54,100
Land Type
Land

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale the 70.85 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 pending the end use. There is water and electricity on site and the tract lies in both the 100 year and 500 year floodplain as well as the floodway. The Property boasts over 3300 lineal feet of frontage San Marcos River and over 2200 lineal feet of frontage on Highway 130 with access to SH-80 via Isidora Trail. 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. The proposed highest and best use for the Property is for development of 10 plus acre ranchettes that would either be on the San Marcos River or have river access via a shared easement specific to these 2 tracts and an adjacent tract. These proposed tracts are available for purchase together or separately. The conceptual plan (not approved) is provided within this package for buyer's consideration. 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.

Investment Highlights

  • The Property has Over 3300 Lineal Feet of Frontage on the San Marcos River
  • The Property has Over 2200 Lineal Feet of Frontage on Highway 130
  • Qualified Opportunity Zone Located Asset - Providing Potential Tax Based Incentives for Development Pending the End Use

Exclusively Listed By

Single-Family to Four Plex

Ranchette Tracts - Highway 130 & SH-80

Listing Price: $3,811,350

Lot Size
70.45 acres
Price/Acre
$54,100
Land Type
Land

Investment Highlights

  • The Property has Over 3300 Lineal Feet of Frontage on the San Marcos River
  • The Property has Over 2200 Lineal Feet of Frontage on Highway 130
  • Qualified Opportunity Zone Located Asset - Providing Potential Tax Based Incentives for Development Pending the End Use

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale the 70.85 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 pending the end use. There is water and electricity on site and the tract lies in both the 100 year and 500 year floodplain as well as the floodway. The Property boasts over 3300 lineal feet of frontage San Marcos River and over 2200 lineal feet of frontage on Highway 130 with access to SH-80 via Isidora Trail. 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. The proposed highest and best use for the Property is for development of 10 plus acre ranchettes that would either be on the San Marcos River or have river access via a shared easement specific to these 2 tracts and an adjacent tract. These proposed tracts are available for purchase together or separately. The conceptual plan (not approved) is provided within this package for buyer's consideration. 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.

Exclusively Listed By

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