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5501 Old Colony Line Rd - 5501 Old Colony Line Rd 167.8 Acres of Agricultural Land Offered at $4,926,500 in Lockhart, TX 78644

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EXECUTIVE SUMMARY

The majority of the land is cleared, drivable, and fully fenced, offering multiple possibilities for use. A charming log cabin homestead and horse barn are nestled nearby, providing a serene country retreat. The property also features several tanks, including a large pond spanning over a couple of acres, perfect for livestock or recreational use. With an agricultural exemption already in place, you can enjoy the benefits of rural living with potential tax advantages. As commercial and residential growth continues to thrive in Lockhart and its surrounding areas, this property represents a prime opportunity to capitalize on the momentum. Whether you envision a development project, an investment for the future, or a peaceful escape, this property is your gateway to endless potential.

PROPERTY FACTS

Price $4,926,500
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Agricultural
Proposed Use
Commercial
  • Mixed Use
  • Manufactured Homes or Mobile Home Park
  • Open Space
  • Single Family Development
Total Lot Size 167.80 AC
Zoning OCL - Outside City Limits

1 LOT AVAILABLE

Lot

Price $4,926,500
Price Per AC $29,359.36
Lot Size 167.80 AC

A193 MCCULLOCH, BENJAMIN, ACRES 157.7164 & A193 MCCULLOCH, BENJAMIN, TRACT 2, ACRES 10.082 Property includes 2 lots - Strategically located 167ac property - 270' of road frontage on Old Colony Line rd.

DESCRIPTION

Discover this sprawling 167-acre property located just 11 miles outside the growing city of Lockhart. Situated beyond the city limits with minimal county restrictions, this expansive tract offers endless possibilities for residential development, investment, or country living. The property is part of Aqua Water Supply Company's service area, with power already available on-site.

  • Listing ID: 33565956

  • Date on Market: 10/18/2024

  • Last Updated:

  • Address: 5501 Old Colony Line Rd, Lockhart, TX 78644

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