#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024
Nice lot near downtown Lockhart. This 0.56 Acre lot is heavily treed with some cleared area and a nice spring-fed creek towards the back. The lot is approximately 98 feet wide by 250 feet deep (per surveyor). This property does sit within the 100-year floodplain. Buyer to verify with the city of Lockhart any requirements they have for building or developing this lot. There is a park across the street and Kruez BBQ and Black's BBQ are very close by. Many retail shops, professional businesses, and restaurants are located nearby in Lockhart's thriving Historic downtown square (approximately 4 blocks away).
Property Type
Land
Lot Size
0.56 acres
Listed by Link Realty, LLC
Property Details
Lot Features
Fencing
Waterfront
Verified property facts
505 N Commerce ST is zoned for Lockhart ISD with assigned schools: Plum Creek (10/10) (elementary), Lockhart (middle), Lockhart (6/10) (high). School assignments should be verified directly with the district.
505 N Commerce ST is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
The most recent annual property tax for 505 N Commerce ST is $2,410. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
With 20% down ($20,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 505 N Commerce ST is around $720 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
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Listing timeline with current price, original ask, and market time.
Lockhart ISD
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility. Ratings from GreatSchools.org.
20% ($20K)
$100,000
Luxury property intelligence
A sourced read on Lockhart Byrd pricing, timing, and property scale. No automated valuation claim.
List price
$100,000
Price per sqft
Not available
Vs. Lockhart Byrd median
Not available
Days on market
742 days
Original to current
$45K reduction
$145K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 21, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
At $100,000, 505 N Commerce ST is in the Lockhart Byrd market where there are currently 118 active listings in 78644.
505 N Commerce ST includes verified waterfront access: Creek,Stream. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
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