TBD Bluebonnet Rd Lockhart, TX $ 1,199,997
TBD Bluebonnet Rd
$ 1,199,997
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TBD Bluebonnet Rd

Lockhart, TX, 78644
$ 1,199,997
Bedrooms-- Baths-- Sq 7,728
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Property for Rent in Lockhart, TX

for $1,199,997. This 7,728 square foot property was built in 1978 on a lot size of 25.989.

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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Rental Active

Price

$ 1,199,997

Taxes

$ 22,308

Style

Multi Family

Lot Size

25.989

Year Built

1978

Town/City

Lockhart

County/Region

Caldwell

MLS | Web ID

4124124

Features
General
Sewer Septic Tank
Heating Central Electric
Cooling Central Air Electric Wall/Window Unit(s)
Utilities Electricity Connected Water Connected
Zoning No zoning found
Construction Materials Vinyl Siding See Remarks
Year Built 1978
View Pasture Pond
Topography Sloping
Property Subtype Multi Family
Tax Year 2025
Current Use Agricultural Investment Multi-Family Pasture Residential
Accessibility None
County Caldwell
Operating Expense 0
New Construction N
Property Type Commercial Sale
Energy Efficient None
Subdivision Name Isaac Jackson
Building Features Storage Storage Area(s)
Green Sustainability None
Other Structures Guest House Outbuilding Storage
Status Active
Directions From Austin take Hwy 183 or SH 130 south towards Mustang Ridge / Lockhart. Take exit 461 towards Hwy 21 & Briarpatch Rd. Stay straight until a right onto Bluebonnet Rd.
City Lockhart
Disclosures Rental Records Available Seller Disclosure Seller Provided Survey Available
MLS Area CC
Lot Size Square Feet 1132080.84
Tax Annual Amount 22308
Property Condition Resale
Additional Parcels Y/N Y
Leasable Area 6672
Lease Type Fixed
Standard Status Active
Year Built Source Appraiser
Tax Assessed Value 809100
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Interior
Flooring See Remarks
Total Bedrooms 0
Total Baths 0
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Exterior
Parking Features Off Street Outside
Water Source Public
Total Parking 30
Foundation Details Pillar/Post/Pier
Number of Buildings 7
Building Area Total 7728
Lot Size Acres 25.989
Road Surface Type Asphalt PVD
Waterfront Y/N N
Other Equipment None
Horse Y/N N
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* Excluded Features
List By
Ricky Cain

Listing Agent

Keller Williams Realty

Broker

listings@cainrealtygroup.com

Email

Nearby
3038596 Elementary School
3038443 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/30/2026$1,199,997 -7.69% Price Down
12/19/2025$1,300,000 -13.33% Price Down
12/9/2025$1,499,997 Listed Price

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TBD Bluebonnet Rd, Lockhart, TX, 78644 is a Property for Rent at $1,199,997 with 7,728 sqft and a lot size of 25.989. TBD Bluebonnet Rd was built in 1978. The property's zip code is 78644 which is in Lockhart, TX