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$1,099,997 -$100,000 (-8.33%) Price Reduced
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Property Description
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.
Full Property Details
Full Property Details for Tbd Bluebonnet Rd
General
- Price: $1,099,997
- Taxes: $22,308 (2025)
- Status: Active
- Type: Farm
- Source: Austin_MLS
- MLS ID: 1286754
- Updated: 9/2/2026
- Added to Site: 385 day(s) ago
Interior
- Interior Features: See Remarks
- Appliances: Electric Water Heater, Free-Standing Electric Range, See Remarks
- Flooring: See Remarks
Rooms
Bathrooms
- Total Bathrooms: 10
- Full Bathrooms: 10
Bedrooms
- Total Bedrooms: 16
- Bedrooms Main: 16
Additional Information
- Shared Amenities: See Remarks
- Spa Description: None
Exterior
- Porch/Patio/Deck: Front Porch, Porch, See Remarks
Parking
- Total Spaces: 30
- Parking Features: Off Street, Outside
Location
- Area: CC
- County: Caldwell
- Subdivision: Isaac Jackson
- Driving 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.
School Information
- Elem School District: Lockhart ISD
- Midd School District: Lockhart ISD
- High School District: Lockhart ISD
- Elementary School: Alma Brewer Strawn
- Middle School: Lockhart
- High School: Lockhart
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric, Wall/Window Unit(s)
- Heating Type: Central, Electric
Utilities
- Sewer: Septic Tank
- Water: Public
- Utility Description: Electricity Connected, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: See Remarks, Vinyl Siding
- Roof: Composition, Metal
- Windows: None
- Stories/Levels: 1
- Square Feet: 6,672
- Sq. Ft. Source: Appraiser
- Living Area: 6,672 Sq. Ft.
- Year Built: 1978
- Year Built Source: Appraiser
- Property Condition: Resale
Additional Structures
- Other Structures: Guest House, Outbuilding, Storage
Lot Features
- Property View: Pond, Pasture
- Lot Size (Acres): 25.989
- Lot Size (Sq. Ft.): 1,132,080.84
- Lot Dimensions: 746' x 1612'
- Fence: Yes
- Topography: Sloping
- Lot Features: Agricultural, Few Trees
- Fencing (Description): Barbed Wire
Horse Property
- Horse Property: Yes
- Horse Facility Desc.: Pasture
Water Features
- Water Front Desc.: Pond
Financial Considerations
- Assessment Amount: $809,100
- Tax Amount: $22,308
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Survey
- Multiple Parcels: Yes
- Legal Description: A157 JACKSON, ISAAC, ACRES 14.35 AND A157 JACKSON, ISAAC, ACRES 10.55 AND A157 JACKSON, ISAAC, ACRES 1.341
- Disclosures/Reports: Other
- Property ID: 15236
Listed by Keller Williams Realty
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Price & Sales History for Tbd Bluebonnet Rd
Date
Details
Price
Change
Source
9/02/2026
Price Reduced
$1,099,997
-8.33%
MLS
4/10/2026
Price Reduced
$1,199,997
-7.69%
MLS
12/19/2025
Price Reduced
$1,300,000
-13.33%
MLS
8/16/2025
Listed
$1,499,997
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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