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Open R Ranch
Lockhart, TX 78644
Open R Ranch · Land For Sale
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1,278.00 AC
PROPERTY FACTS
| Property Type | Land | Proposed Use | Master Planned Community |
| Property Subtype | Residential | Total Lot Size | 1,278.00 AC |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Master Planned Community |
| Total Lot Size | 1,278.00 AC |
DESCRIPTION
- 1,268ac listed for $30,000 per acres | 10 Acre Homestead listed for $750,000, to be sold together - 1,278ac total - Site planned for 2,400 residential lots - Phase I environmental study performed June 2022 - Creation for the Fresh Water Supply District (FWSD1) named OPEN R DISTRICT OF CALDWELL COUNTY and both legal descriptions for the Open R tract which is approximately 1278 acres and the Michael M. Reynolds tract which is approximate 10 acres. - Strong demand for new homes in the CMA with 4,620 starts (up 61% YOY) and 2,727 closings (up 8% YOY) between 2Q21 and 1Q22 - Established market acceptance of high-volume / multi-builder master planned communities in the CMA (i.e. Sunfield, Blanco Vista, etc.) - Centrally located between Austin and San Antonio just off of US 183/130, with access from FM 2720, FM 2001 and CR 232 that border the property. Located within Caldwell county outside the city limits and ETJ of Lockhart. - New survey, site plan and other documents upon request
