±62.98 Acres | FM 2720 & Payne Lane | Lockhart, Texas
Exceptional opportunity to acquire approximately 62.98 acres in one of Central Texas’ fastest-growing development corridors. Located at the northwest corner of FM 2720 and Payne Lane, just minutes from SH-130, the property sits directly in the path of Lockhart’s westward expansion and is well-positioned for residential, industrial, mixed-use, or long-term investment.
The site offers excellent regional connectivity with convenient access to Austin, San Marcos, Kyle, Buda, Tesla, Austin-Bergstrom International Airport, and the rapidly expanding SH-130 corridor.
Investment Highlights
• ±62.98 contiguous acres with significant frontage along FM 2720
• Minutes from SH-130, US-183, and Downtown Lockhart
• Located in one of the fastest-growing submarkets south of Austin
• Adjacent to expanding residential and commercial development
• Strong long-term appreciation potential
• Ideal for residential development, industrial, business park, mixed-use, or land banking
• Easy access to Austin, Tesla, Samsung, San Marcos, Kyle, Buda, and Austin-Bergstrom International Airport
• Located within a pro-growth municipality known for streamlined development processes
Why Lockhart?
Lockhart continues to attract significant public and private investment as growth expands south from Austin. The city’s business-friendly environment, expanding infrastructure, and strategic location along SH-130 have made it an increasingly attractive destination for residential builders, industrial users, and commercial developers.
The property is located near major planned residential growth and benefits from continued investment throughout the west side of Lockhart. The combination of location, accessibility, and future growth creates an outstanding opportunity for developers and investors seeking a large-scale land position in Central Texas.
Whether your strategy is immediate development or long-term appreciation, this property offers exceptional upside in one of Texas’ most active emerging markets.
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I would also add these CoStar property tags:
* Residential Development
* Mixed-Use Development
* Industrial Development
* Build-to-Rent
* Master Planned Community
* Investment Land
* Land Banking
* Opportunity Zone (only if applicable)
* SH-130 Corridor
* Austin MSA
* Lockhart Growth Corridor