1,278 Acres in Lockhart, TX - $38,790,000
Open R Ranch
1,268ac listed for $30,000 per acres | 10 Acre Homestead listed for $750,000, to be sold together 1,278ac
Site planned for 2,400 residential lots
Phase I environmental study performed June 2022 with no significant findings.
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.)
National builders, DR Horton and Lennar, all have land positions in this area as they see this as the next big submarket
Centrally located between Austin and San Anto...
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.
The following documents are publicly available upon request and or within the online listings (LOOPNET, CREXI)
o New Survey
o City limit and ETJ map
o Retail proximity map
o USGS national map
o Conceptual site map for neighborhood development
o Floodplain map
The following document are available upon submission of a qualified LOI & NDA
o Phase I Environmental Study completed June 2022
o Geotechnical Feasibility Evaluation - 2210100.077
o Desktop Cultural Resource Study MEMO
o ESHA - Endangered Species Habitat Assessment
o WOTUS - Waters of the U.S. Report
o Transportation Due Diligence MEMO
o Water-WW - Water and Sewer Assessment
o TX236-22 Open R (Draft)
o General Feasibility MEMO
o Caldwell County Report 052722 (Water & Wetlands
o Investment Summary
o Market Analysis
Map
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