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1508 Pendergrass st - 1508 Pendergrass St

1.47 Acres of Commercial Land Offered at £246,472 in Lockhart, TX 78644

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Investment Highlights

All utilities are available (12-inch water line and a 10-inch sewer line)
This multi-family project would be within walking distance of an elementary and high school, making it a highly desirable area.

Zoning allows for 12 units per acre
njoy easy access to major roads like FM 20, Hwy 183 and SH-130, and a short 5-minute drive to popular spots like HEB, Summer Moon, & other restaurants

Executive Summary

This property is only 5 minutes from Downtown Lockhart! The 1.471 acre lot is zoned for residential high density which allows for duplexes. To view the exact location please click on this Link.
Here’s a few property highlights:
Price: $315,000
Acreage: 1.471
All utilities are available (12-inch water line and a 10-inch sewer line)
Zoning allows for 12 units per acre
This multi-family project would be within walking distance of an elementary and high school, making it a highly desirable area. Enjoy easy access to major roads like FM 20, Hwy 183 and SH-130, and a short 5-minute drive to popular spots like HEB, Summer Moon, and other restaurants in Lockhart and is just 30 minutes outside of Austin!
Let me know if you have any questions on this property or If you are interested in looking at similar properties like this one please be sure to let us know so we can update you when we have more available.

Property Facts

Price	£246,472	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Apartment Units Apartment Units - Condo Planned Unit Development Single Family Development Single Family Residence
No. Lots	1	Total Lot Size	1.47 AC
Property Type	Land

Price	£246,472
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Apartment Units Apartment Units - Condo Planned Unit Development Single Family Development Single Family Residence
Total Lot Size	1.47 AC

1 Lot Available

Lot 11-A

Price	£246,472	Lot Size	1.47 AC
Price Per AC	£167,668

Price	£246,472
Price Per AC	£167,668
Lot Size	1.47 AC

LAKE VIEW, BLOCK 3, LOT 11-A, ACRES 1.471

Description

High density land development opportunity. Great location in the booming city of Lockhart. Zoning allows for 12 units per acre. There is a 12-inch water line and a 10-inch sewer line. This multi-family project would be within walking distance of an elementary and high school, making it a highly desirable area. Enjoy easy access to major roads like FM 20, Hwy 183 and SH-130, and a short 5-minute drive to popular spots like HEB, Summer Moon, and other restaurants in Lockhart.