Ranch Road 12 & Craddock - San Marcos
502 Craddock Ave, San Marcos, TX, 78666, US
1.11 ha
Jones Lang LaSalle (JLL), as the exclusive representative, is pleased to present this 215-unit, fully entitled multifamily development site located within an Opportunity Zone in Lockhart, Texas. The property spans approximately ±10.32 acres and is strategically positioned to benefit from Lockhart’s emerging growth trajectory. Lockhart boasts a diversifying economic foundation, a growing population, favorable market dynamics with the added advantage of the site sitting in an Opportunity Zone. Per the existing zoning, the site can accommodate 23.5 units per acre. The site is walking distance to Lockhart High School and downtown Lockhart which is currently experiencing a renaissance in offering food, beverage, and entertainment venues.
Fully Entitled, Development Ready Multifamily Tract
Located In Opportunity Zone
Low Inventory of New Multifamily Product