315 W Olive St, Lockhart, TX 78644
Local realty services provided by:CENTURY 21 Judge Fite Company
Listed by: connor james
Office: lokation real estate, llc.
MLS#:9423366
Source:ACTRIS
315 W Olive St,Lockhart, TX 78644
$119,999
- 0.14 Acres
- Lots / Land
- Active
Price summary
- Price:$119,999
About this home
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....
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Home facts
- Listing ID #:9423366
- Updated:June 17, 2026 at 03:10 PM
Structure and exterior
- Lot area:0.14 Acres
- Lot Features:City Lot
Schools
- High school:Lockhart
- Elementary school:Bluebonnet (Lockhart ISD)
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$119,999
- Tax amount:$1,587 (2025)
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