321 W Olive St, Lockhart, TX 78644

Local realty services provided by:Better Homes and Gardens Real Estate Hometown
Listed by: connor james
Office: lokation real estate, llc.
MLS#:1688956
Source:ACTRIS
321 W Olive St,Lockhart, TX 78644
$139,000
  • 0 Acres
  • Lots / Land
  • Active

Price summary

  • Price:$139,000

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

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Home facts

  • Listing ID #:1688956
  • Updated:November 26, 2025 at 04:26 PM

Schools

  • High school:Lockhart
  • Elementary school:Bluebonnet (Lockhart ISD)

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$139,000
  • Tax amount:$1,587 (2025)
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