Lockhart is home to over 15,000 people, according to recent population estimates from the U.S. Census Bureau. ARNOLD WELLS/STAFF

Austin Business Journal reports, "Over 1,400 rooftops are slated to rise south of Austin as the city of Lockhart continues to grow.

Lockhart City Council on June 18 approved the addition of a 472-acre municipal utility district, called Juniper Springs, from Houston-based Perry Homes to the city’s extraterritorial jurisdiction, a move that required the ETJ to be expanded by 88 acres.

The new MUD would allow 1,428 homes to be built on the western edge of Lockhart along State Highway 142, officials said during the meeting. That amount of homes could result in dramatic population growth for Lockhart, a city that's attracted big projects and industrial development in recent years.

Lockhart’s growth over the past decade-plus has been muted, rising from 12,698 in 2010 to an estimated 15,318 in July 2023, according to the U.S. Census Bureau. However, recent planned housing developments are set to add plenty of inventory to Lockhart and Caldwell County, where the median sales price of a home in May was $281,990, according to the most recent Austin Board of Realtors and Unlock MLS market report.

Red Oak Development’s $1.5 billion Seawillow Ranch is expected to add 2,600 homes on 371 acres to Lockhart; Ashton Gray Development is bringing a 902-acre, 500-home development to town; and the 800-home Schulle Farms development is planned to rise in the nearby unincorporated community of Maxwell.

And, as Lockhart and Caldwell County expand the housing supply south of Austin, the region’s economy is also set to grow. The Lockhart Economic Development Corp. recently brought on a new director of economic development to help shepherd future growth.

Frozen treat manufacturer The Ziegenfelder Co. broke ground last year on its $46 million, 61,000-square-foot factory. New Mexico-based Titan Development Inc. developed the 45-acre Lockhart Industrial Park, which counts home appliance distributor Factory Builder Stores as a tenant, and to the west of that development, Balcones Real Estate Group LLC is developing the 58,800-square-foot hub called Lockhart Logistics."


Source: Austin Business Journal 

Written by: Cody Baird

Published: June 24, 2024

Posted by Grossman & Jones Group on


Email Send a link to post via Email

Leave A Comment

e.g. yourwebsitename.com
Please note that your email address is kept private upon posting.