USATXLockhartOlive Grove Sub315 W Olive St

315 W Olive St, Lockhart, TX

Name: 315 W Olive St, For Sale in Lockhart - eXp Realty
Brand: LoKation Real Estate, LLC
SKU: 9423366
Price: 134000 USD

House

For Sale

Listed price in listed location currency (USD).

$134,000

000

MLS® 9423366

Key Facts
Description
Map

Key Facts

Type

Levels Land

Size -

Garage

Taxes $1,587

Days Active 155

Lot Size

Approx. Age

MLS® Number 9423366

Property Address: 315 W Olive St, Lockhart, TX, 78644-1732

Average square foot calculated using Size range provided by listing agent.

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.

MLS® Number9423366

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age

Basement

Driveway

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Oct 27, 2025List Date

$134,000List Price

Commute

Commute

Starting Address

Destination Address

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