5501 Old Colony Line Rd, Lockhart, TX 78644
Local realty services provided by:CENTURY 21 Middleton
5501 Old Colony Line Rd,Lockhart, TX 78644
$6,346,000
- - Beds
- - Baths
- - sq. ft.
- Farm
- Active
Listed by: gaines slade
Office: coldwell banker d'ann harper
MLS#:1999632
Source:LERA
Price summary
- Price:$6,346,000
About this home

Positioned in a desirable Caldwell County corridor with strong regional connectivity and meaningful scale, this 167 +/- acre offering presents an exceptional opportunity for developers, investors, land bankers, or buyers seeking a property with both immediate utility and long-term upside. Combining county road frontage with multiple access points, existing infrastructure, improvements, water features, and agricultural valuation, the property offers flexibility across a wide range of future development and investment strategies. Access is established through a private gated entrance and supported by multiple entry locations along county road frontage, creating optionality for future planning, phased development, subdivision concepts, or continued ranch ownership. The property benefits from existing utility infrastructure including water service through Martindale Water Supply Corporation with water line and meter already in place, along with onsite power serviced by Bluebonnet Electric Cooperative. The landscape offers a balanced mix of open grazing areas, mature hardwoods, native brush, and tall grasses that create both visual appeal and practical usability. A large approximately 2-acre pond, along with multiple additional ponds throughout the property, enhances aesthetics, livestock functionality, and long-term recreational value while contributing to attractive homesite placement opportunities across the ranch. Existing improvements add immediate functionality and reduce the effort required to begin using or planning the property. A rustic-style residence with covered outdoor living areas provides a comfortable ranch headquarters or interim occupancy, while the accompanying barn-style structure offers flexible utility for equipment storage, workshop space, operational use, or adaptive future conversion. Additional livestock improvements support current agricultural operations and reinforce the property's cattle-ready status. Currently benefiting from agricultural exemption for extremely low annual carrying costs, the ranch offers an attractive holding profile while preserving future flexibility. Abundant wildlife, numerous potential homesites, existing infrastructure, and strategic location position this property as a compelling opportunity for investment, development consideration, recreational ownership, or long-term land appreciation. Conveniently located approximately 8 +/- miles from Lockhart and Highway 183, 25 +/- miles from San Marcos, and within approximately 55 +/- miles of both Austin and San Antonio, this property sits within reach of some of Central Texas strongest continuing growth markets. 167 +/- Acres in Caldwell County Developer or subdivision / investment potential County road frontage with multiple entry points Private gated entrance driveway Water line and meter in place serviced by Martindale WSC Power onsite serviced by Bluebonnet Electric Coop Ag exempt for extremely low annual tax rates Large 2 acre pond Multiple ponds House Barndo Livestock barn Large oak trees and brush with tall grasses Cattle ready Wildlife abundant Numerous homesite potential 8 +/- miles from Lockhart and HWY 183 25 +/- miles from San Marcos 55 +/- miles from Austin & San Antonio...
Contact an agent
Home facts
- Listing ID #:1999632
- Added:4 day(s) ago
- Updated:July 16, 2026 at 01:39 PM
Schools
- High school:Call District
- Middle school:Call District
- Elementary school:Call District
Finances and disclosures
- Price:$6,346,000
New listings near 5501 Old Colony Line Rd
- New
$199,000Active4.99 AcresLot 1 Fox Ln, Lockhart, TX 78644
MLS# 3873552Listed by: LAND UNLIMITED - New
$154,000Active1.81 AcresLot 4 Fox Ln, Lockhart, TX 78644
MLS# 9056786Listed by: LAND UNLIMITED - New
$474,900Active4 beds 3 baths2,527 sq. ft.3919 Wishing Well Dr, Lockhart, TX 78644
MLS# 9135333Listed by: PERRY HOMES REALTY, LLC - New
$303,000Active25.25 AcresTBD Lot 30 Mineral Springs Rd, Lockhart, TX 78644
MLS# 6577726Listed by: LA TIERRA REALTY, LLC - New
$899,999Active24 Acres227 Henderson Ln, Lockhart, TX 78644
MLS# 7399097Listed by: ALL CITY REAL ESTATE LTD. CO - New
$285,000Active4 beds 2 baths1,901 sq. ft.246 Teller Dr, Lockhart, TX 78644
MLS# 2000368Listed by: TEXAS VALUES - New
$534,000Active3 beds 3 baths2,532 sq. ft.1622 Twin Island Drive, Lockhart, TX 78644
MLS# 619516Listed by: COUNTYWIDE REALTY, LP - New
$6,066,000Active-- beds -- baths2249 Long Rd, Lockhart, TX 78644
MLS# 1999624Listed by: COLDWELL BANKER D'ANN HARPER - New
$299,000Active4 beds 3 baths1,686 sq. ft.2026 Applewood Dr, Lockhart, TX 78644
MLS# 7265079Listed by: MODUS REAL ESTATE