Property Listing No Longer Available for Sale

Old Lockhart Rd., Austin, TX

Land for Sale - $1,875,000 - 12.91 acres


Property Info

CIMLS#1076581
Location
  Old Lockhart Rd.
  Austin TX 78747
UpdatedAugust 25th, 2021
TypeLand
Price$1,875,000
Land12.91 acres

Property Description

Approx. 12.91 gross acres (6.99 net acres) with approx. 914 feet of frontage on Old Lockhart Rd. All utilities available through the City of Austin (to be delivered by seller). A small portion of the Property is in the FEMA floodplain (see map). Zoned PUD (Planned Unit Development)

These commercial sites are within Austin's newest master planned community - Goodnight Austin, where there are approvals for 3,500 residential units and 260,000 sf of commercial space within. South Park Meadows is approximately 1.5 miles away at IH-35 and Slaughter Lane and offers full retail support services. Austin ISD's Blazier Elementary educates approximately 900 students grades K-5 and is within the Goodnight Austin development. The developers of Goodnight Austin have created a Park District, which includes a 3 miles jogging trail throughout the development, and an Education Fund to benefit the residents of theses future apartment projects. Sites 1-3 include off-site detention and water quality plus have the Parkland dedication fee paid. Site 4 will require onsite detention/filtration and a grinder pump for wastewater. Sites allow for up to 65% impervious cover for commercial uses and 70% for civic uses.


Financials

$1,875,000



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