TBD Bluebonnet Rd, Lockhart, TX 78644
Local realty services provided by:CENTURY 21 North East
Listed by: ricky cain, kodikay cain
Office: keller williams realty
MLS#:1286754
Source:ACTRIS
Price summary
- Price:$1,199,997
- Price per sq. ft.:$179.86
About this home
Awesome location with incredible potential on this 26-acre property located 8 miles north of Lockhart on S Hwy 183 / SH 130, with approximately 740 feet of highway frontage. Approximately a 20-minute drive to Austin, ABIA, and Tesla, and 30 minutes to San Marcos or Bastrop.
INCOME IN PLACE. Sold as 3 separate tax parcels, giving a buyer flexibility to phase, finance, or divest in pieces. Improvements include 5 site-built homes and 1 duplex totaling 6,672 sq ft with 16 beds and 10 baths, plus 4 rented lots. Scheduled gross monthly income is $7,990, or $95,880 annually. Two units are currently vacant, so a buyer steps into immediate lease-up upside. Net income before repairs runs approximately $43,594 annually per seller's statement. Full rent roll and expense detail available on request.
THE CORRIDOR. Caldwell County ranks among the fastest growing counties in the nation, and Lockhart grew from roughly 14,400 residents in 2020 to more than 17,000 by 2024. Blue Sky, a 932 acre master planned community, has roughly 3,650 homes planned. Moxie adds another 2,500 homes on 589 acres. TxDOT has authorized $250 million to convert 21 miles of SH 130 into a smart freight corridor beginning in 2027. Thousands of rooftops are arriving in a market that has not yet built the storage, contractor yards, retail, or workforce housing to serve them.
THE LAND. A large 2 to 3 acre stock pond near the front provides a nice recreation spot. Gently sloping pastureland with mature trees. Electricity and public water connected, septic in place. 746 x 1612. Texas counties have no zoning authority; buyer to verify jurisdiction and ETJ status.
Collect income while entitling highway frontage in one of the fastest growing corridors in Texas. Additional 27.46 acres available to the north under MLS 1697253. Combine both for 53.45 contiguous acres. Seller will consider a package price for the two tracts....
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Home facts
- Year built:1978
- Subdivision & Development:Isaac Jackson
- Listing ID #:1286754
- Updated:August 25, 2026 at 03:17 PM
Rooms and interior
- Bedrooms:16
- Total bathrooms:10
- Full bathrooms:10
- Kitchen Description:Free-Standing Electric Range
- Living area:6,672 sq. ft.
Heating and cooling
- Cooling:Central, Electric
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Roof:Composition, Metal
- Year built:1978
- Building area:6,672 sq. ft.
- Lot area:25.99 Acres
- Lot Features:Agricultural, Few Trees, Public Maintained Road
- Construction Materials:Vinyl Siding
- Foundation Description:Pillar/Post/Pier
Schools
- High school:Lockhart
- Elementary school:Alma Brewer Strawn
Utilities
- Water:Public
- Sewer:Septic Tank
Finances and disclosures
- Price:$1,199,997
- Price per sq. ft.:$179.86
- Tax amount:$22,308 (2025)
Features and amenities
- Appliances:Electric Water Heater, Free-Standing Electric Range, See Remarks
Parking
- Total parking spaces:30
- Parking description:Off Street
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