1508 Pendergrass Street , Lockhart, TX 78644(Caldwell County)

Located in the booming city of Lockhart, this property is situated in a growing area that has seen significant development in recent years. Lockhart is known as the "Barbecue Capital of Texas," attracting visitors from across the state and beyond. With its charming small-town atmosphere and proximity to major urban centers like Austin, this city is becoming a top destination for both residents and businesses alike.

The property itself benefits from being situated in a highly desirable part of Lockhart. The area is set to become even more attractive to developers and investors as demand for residential and commercial space continues to grow. With excellent access to key roadways and local amenities, this location offers an outstanding opportunity to create a community that will thrive for years to come.

Zoning for High-Density Development: 12 Units Per Acre

One of the key selling points of this property is its zoning, which allows for up to 12 units per acre. This zoning designation provides the flexibility and density required for high-demand housing projects, such as apartment complexes, townhomes, or condominiums. This is a significant advantage for developers looking to maximize the potential of the land and accommodate the growing need for housing in the Lockhart area.

The ability to develop 12 units per acre opens up a wealth of possibilities for a variety of development types. Given Lockharts proximity to Austin and other nearby cities, there is increasing demand for housing options that cater to both long-time residents and newcomers seeking to take advantage of the citys expanding economy and lifestyle offerings. High-density zoning ensures that you can create a thriving community while optimizing the use of the available land.

Essential Utilities in Place: 12-Inch Water Line and 10-Inch Sewer Line

A key consideration for any real estate development project is access to essential utilities, and this property is well-equipped in that regard. With a 12-inch water line and a 10-inch sewer line already in place, developers can save valuable time and money that would otherwise be spent on infrastructure development. This makes the property an even more attractive investment for builders, as the major utility work has already been handled.

Having these utilities readily available significantly reduces the complexity of the development process, helping to streamline the construction timeline and mitigate potential roadblocks. Water and sewer connections are vital components of any new construction project, so having these services already established is a major advantage for the developer.

Proximity to Local Schools: Walking Distance to Elementary and High School

Another unique selling point of this property is its proximity to local schools. Being within walking distance of both an elementary school and a high school adds tremendous value to the location. Families often prioritize access to quality educational institutions when choosing a place to live, and this property is ideally positioned to attract families who want to be close to excellent schools.

The convenience of having educational facilities nearby makes this an attractive area for family-oriented housing developments. Whether you're planning to build townhomes, apartments, or a mixed-use community with residential and retail spaces, being near schools ensures that the property will appeal to parents and guardians looking for easy access to education for their children.

Easy Access to Major Roads: Highways 183 and I-130

The strategic location of this property also benefits from its excellent connectivity to major highways and roads. Situated near Highway 183 and I-130, residents and future tenants will enjoy easy access to not only Lockhart but also nearby cities and major metropolitan areas, such as Austin. This level of connectivity makes the property an ideal location for individuals who work in Austin but want to enjoy the more affordable living options that Lockhart offers.

Highway 183 runs north-south through Lockhart and provides a straightforward route for commuters traveling between the city and Austin. Meanwhile, I-130, a toll road that runs from the northern suburbs of Austin to the east side of the city, offers a quick and efficient route for those traveling to and from Lockhart. The availability of these major highways ensures that residents and businesses located on the property will benefit from convenient access to essential services, entertainment, and employment centers in the broader Central Texas region.

Close to Popular Local Amenities: Restaurants, Shops, and More

For those who enjoy a vibrant community atmosphere, this location offers unbeatable access to local amenities. Just a short 5-minute drive away, youll find popular spots such as HEB, a regional grocery store offering a wide selection of fresh produce, meat, and household goods. HEB is a beloved Texas institution known for its exceptional customer service and competitive pricing, making it a prime destination for Lockhart residents.

In addition to HEB, the area boasts a variety of other local restaurants and dining options. Summer Moon, a popular coffee shop known for its specialty coffee drinks, is a local favorite that draws both residents and visitors. The city's downtown district offers a number of other dining establishments, boutiques, and local shops, ensuring that residents of the new development will have everything they need right at their fingertips.

For those who prefer outdoor recreation, Lockharts parks and green spaces offer plenty of opportunities for leisure and relaxation. Whether its enjoying a day at the park, exploring the scenic surroundings, or attending local festivals, there is always something to do in this lively and welcoming community.

A Thriving Community with Long-Term Growth Potential

Lockhart has long been recognized as an up-and-coming city with a thriving economy and a rapidly expanding real estate market. The population growth in the area is a clear indicator of the demand for housing, commercial spaces, and other development projects. With its combination of rural charm, urban access, and excellent local amenities, Lockhart is attracting a diverse group of new residents, including professionals, families, retirees, and business owners.

The propertys strategic location within the city, combined with its favorable zoning and access to key infrastructure, ensures that it is well-positioned for long-term growth. Developers who invest in this land can take advantage of the booming real estate market in Central Texas and help shape the future of Lockhart.

Conclusion: A Lucrative Investment for Developers

In summary, this high-density land development opportunity in Lockhart is a prime investment for developers looking to capitalize on the citys growing popularity and demand for new housing. With zoning for 12 units per acre, access to essential utilities, proximity to local schools, and excellent connectivity to major highways, this property offers the ideal foundation for a wide range of development projects. Whether you're planning a multi-family residential complex, a mixed-use development, or another type of real estate project, this property provides the location, infrastructure, and potential to make your vision a reality.

Dont miss out on the opportunity to invest in this highly desirable piece of real estate in one of Texas' most promising cities. Contact us today to learn more about this incredible development opportunity in Lockhart and how you can get started on your next project.