TX > Lockhart > Olive Grove Sub
Lockhart, TX 78644,315 W Olive ST
Lockhart, TX 78644,315 W Olive ST
Lockhart, TX 78644,315 W Olive ST
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Wed
29
Oct
Thu
30
Oct
Fri
31
Oct
Jaymes Willoughby

Jaymes Willoughby

+1(512) 308-3244
$139,000
Est. payment /mo
6,054 Sqft Lot
Save

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Multiple Lots (Adjacent)

Listing Status Active

Purchase Type For Sale

Subdivision Olive Grove Sub

MLS Listing ID 9423366

HOA Y/N No

Annual Tax Amount $1,586

Tax Year 2025

Lot Size 6,054 Sqft

Acres 0.139

Property Sub-Type Multiple Lots (Adjacent)

Source actris

Property Description

Exceptional investment and development opportunity in the heart of Lockhart! Just minutes from the city's historic downtown, this collection of four contiguous lots offers rare versatility and scale for small-format builders or investors. Zoned Residential Medium Density (RMD), each ~6,000 sq ft lot allows single-family or duplex construction by right, with potential for townhomes or condos through the city's Specific Use Permit process. This flexibility means you can build up to eight dwelling units by right or more with city approval — a perfect setup for build-to-rent portfolios, duplex resale projects, or multifamily infill development.

All city utilities are available, and the property is free from any HOA restrictions, allowing complete design flexibility. The lots feature level terrain, multiple street frontages, and a prime corner location within walking distance to Lockhart's historic downtown. Enjoy easy access to Hwy 183 and SH-130, both just a few blocks away, providing quick connections to Austin, San Marcos, and Bastrop. Just 30 minutes to Austin-Bergstrom Airport, 25 minutes to Tesla, and 35 minutes to Downtown Austin.

Lockhart's growth has accelerated, attracting major employers like Sensei Farms, Hill Country Foodworks, The Ziegenfelder Co., and RealCold, as well as a wave of new homebuilders, hotels, and restaurants. The city of 17,000 is among the fastest-growing in Central Texas, with over 8,800 homes planned or under construction. Famous for its legendary BBQ scene — from Kreuz Market and Smitty's to Barbs B Q and Terry Black's — Lockhart now blends small-town charm with big-market momentum.

Whether you're looking to develop income-producing duplexes, hold for appreciation, or create a boutique townhome community, these RMD-zoned lots deliver powerful upside in one of Central Texas's most promising emerging markets.

Location

State TX

County Caldwell

Interior

Fireplace No

Exterior

Community Features None

Utilities Available Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available

Waterfront Description None

View Neighborhood

Building

Lot Description City Lot

Sewer Public Sewer

Water Public

New Construction No

Schools

Elementary Schools Bluebonnet (Lockhart Isd)

Middle Schools Lockhart

High Schools Lockhart

School District Lockhart Isd

Others

Special Listing Condition Standard

Read Less Info
Listed by LoKation Real Estate, LLC
Jaymes Willoughby

${companyName}

Phone

+1(512) 308-3244

Address

1801 S Mopac Expy # 100, Austin, TX, 78746, United States

GET IN TOUCH

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Keller Williams Realty, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Quick Search
VIEW MORE