Share This Listing

Message

925 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Investment Highlights

  • Approximately 3.5?miles to the nearest Bluebonnet Electric Cooperative substation, providing utility access for data center development.
  • Commuter Friendly, easy access to US-183 & SH-130.
  • HEB just announced land aquistion the the corner of FM 2720 and SH 130
  • Part of the 2027 cluster queue with an interim delivery request for 10–25?MW through Bluebonnet EC, enabling significant power capacity.
  • New DR Horton Community coming next door to this site.

Executive Summary

±62.98 Acres | FM 2720 & Payne Lane | Lockhart, Texas
Exceptional opportunity to acquire approximately 62.98 acres in one of Central Texas’ fastest-growing development corridors. Located at the northwest corner of FM 2720 and Payne Lane, just minutes from SH-130, the property sits directly in the path of Lockhart’s westward expansion and is well-positioned for residential, industrial, mixed-use, or long-term investment.
The site offers excellent regional connectivity with convenient access to Austin, San Marcos, Kyle, Buda, Tesla, Austin-Bergstrom International Airport, and the rapidly expanding SH-130 corridor.
Investment Highlights
• ±62.98 contiguous acres with significant frontage along FM 2720
• Minutes from SH-130, US-183, and Downtown Lockhart
• Located in one of the fastest-growing submarkets south of Austin
• Adjacent to expanding residential and commercial development
• Strong long-term appreciation potential
• Ideal for residential development, industrial, business park, mixed-use, or land banking
• Easy access to Austin, Tesla, Samsung, San Marcos, Kyle, Buda, and Austin-Bergstrom International Airport
• Located within a pro-growth municipality known for streamlined development processes
Why Lockhart?
Lockhart continues to attract significant public and private investment as growth expands south from Austin. The city’s business-friendly environment, expanding infrastructure, and strategic location along SH-130 have made it an increasingly attractive destination for residential builders, industrial users, and commercial developers.
The property is located near major planned residential growth and benefits from continued investment throughout the west side of Lockhart. The combination of location, accessibility, and future growth creates an outstanding opportunity for developers and investors seeking a large-scale land position in Central Texas.
Whether your strategy is immediate development or long-term appreciation, this property offers exceptional upside in one of Texas’ most active emerging markets.
?
I would also add these CoStar property tags:
* Residential Development
* Mixed-Use Development
* Industrial Development
* Build-to-Rent
* Master Planned Community
* Investment Land
* Land Banking
* Opportunity Zone (only if applicable)
* SH-130 Corridor
* Austin MSA
* Lockhart Growth Corridor

Data Room Click Here to Access

Property Facts

Price $3,450,000
Sale Type Investment
Sale Condition Build to Suit
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Retail
  • Multifamily
  • Convenience Store
  • Police or Fire Station
  • Restaurant
  • Single Family Development
  • Strip Center
  • Agricultural
Total Lot Size 63.00 AC

1 Lot Available

Lot

Price $3,450,000
Price Per AC $54,761.90
Lot Size 63.00 AC

Just north of the 75-acre Industrial Park under construction at FM 2720 & Highway 130.

Description

Approximately +/- 62 acres located just north of the 75-acre industrial Park at FM 2720 & Hwy 130. Close proximity to sports and outdoor recreation at Maple Street Park, Lockhart Soccer Complex and Lockhart State Park/ Lockhart State Park Gold Course. Minutes to shopping, dining and entertainment in downtown Lockhart.

Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
  • Listing ID: 28509009

  • Date on Market: 5/17/2023

  • Last Updated:

  • Address: FM 2720 & Payne Ln, Lockhart, TX 78644

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}