TBD Old Lockhart Rd, Austin, TX 78747

Goodnight Commercial Site #4 is a approx 4.98-acre tract in the rapidly growing Goodnight Ranch community, sitting just south of the future Austin ISD site. With approximately 914 feet of frontage on Old Lockhart Road, this site offers great visibility and access in a high-demand area. All utilities will be provided by the seller through the City of Austin. A portion of the property falls within the FEMA floodplain (see map), and the site allows for up to 80% impervious cover. Located in Goodnight Austin—named the Austin Business Journal’s 2023 Master-Planned Community of the Year—this site benefits from a thriving development with approvals for 6,300+ residential units and 700,000+ square feet of commercial space. Plus, South Park Meadows, one of Austin’s largest retail centers, is just 1.75 miles away at IH-35 and Slaughter Lane, providing easy access to shopping, dining, and services. Goodnight Austin was designed with community in mind, featuring a Park District with a three-mile jogging trail and an Education Fund to support residents—making this an excellent location for future commercial development.

TBD Old Lockhart Rd puts 12.9 acres with about 914 feet of frontage on Old Lockhart Road into one of South Austin’s most active growth corridors. In Austin, this $3.00M unimproved land offering stands out for scale, visibility, and position just south of the future Austin ISD site in Austin, TX 78747, Travis County.

This is a land play, not a finished building, so there are no bedroom, bathroom, square footage, year-built, or school rating figures to report. What matters here is the site itself. The tract offers long frontage for access and exposure, and seller-provided utilities through the City of Austin reduce a major development hurdle. The property allows up to 80% impervious cover, which gives future planning flexibility depending on end use. A portion of the land falls within the FEMA floodplain, and that should be part of any due diligence and site design strategy from day one.

The value story is tied to what is already happening around it. Goodnight Austin has approvals for more than 6,300 residential units and more than 700,000 square feet of commercial space. That kind of built-in growth matters for any commercial vision on TBD Old Lockhart Rd. The tract sits near South Park Meadows, roughly 1.75 miles away at IH-35 and Slaughter Lane, which remains one of the largest retail centers in Austin for shopping, dining, and daily services. Old Lockhart Road also gives direct geographic relevance for users and customers moving through Southeast Austin and toward the expanding neighborhoods south of the urban core.

For buyers asking what it is like to own land here, the answer is straightforward: you are buying into a fast-forming district with road frontage, utility planning, and surrounding rooftops already in motion. The Goodnight Austin Park District and its three-mile jogging trail add another layer of neighborhood identity beyond raw entitlement numbers. This is not speculative acreage far from demand. It is a 12.9-acre commercial-positioned site inside a named Austin growth node where infrastructure, housing, and retail momentum are already visible on the ground. After 467 days on market, the opportunity remains clear for a buyer focused on long-term positioning in a part of Austin where future value will be shaped by access, density, and everyday convenience.