Bluebonnet Lockhart TX 78644
Awesome location with incredible potential on this 26.24 Acre property located 8 miles north of Lockhart on S Hwy 183 / SH 130. Approximately 20 min drive to Austin / ABIA, Tesla, and 30 min drive to San Marcos or Bastrop. Approximately 740' of highway frontage. There are 5 site-built homes, 2 manufactured homes, and 1 duplex included with the sale. Also, there are 3 RV sites rented out and 3 sites for mobile homes also rented out. Estimated gross monthly rental income when fully occupied is around $9,500 (one unit is vacant currently). There is a large (2-3 acre) stock pond near the front that provides a nice recreation spot for the property. Additional land available to be purchased to the north under a separate listing.
From Austin take Hwy 183 or SH 130 south towards Mustang Ridge / Lockhart. Take exit 461 towards Hwy 21 & Briarpatch Rd. Stay straight until a right onto Bluebonnet Rd.
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