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$1,500,000 Just Listed
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Property Description
Positioned at the intersection of current cash flow and future development potential, this exclusive 15.39-acre offering presents a rare investment opportunity in Caldwell County. Approximately 12,932 square feet of existing improvements support income-producing operations, including six duplexes and 24 storage units-helping offset holding costs while longer-term plans take shape. The property fronts State Highway 21 and extends along Tokyo Road, the entrance route to the Cotton Gateway master-planned community. Prominent positioning places the site near an expanding residential base and opens the conversation for neighborhood retail, multifamily development, or light industrial use, subject to applicable approvals. In other words, the land offers more than room to dream; it already has tenants helping with the tab. Infrastructure adds practical value. Maxwell Water serves the property through four existing taps, Pedernales Electric Cooperative power currently reaches the duplexes and storage units, and an on-site sewer system is in place. A request to remove the property from the San Marcos extraterritorial jurisdiction was completed in 2025; buyers should independently confirm status and development requirements. Connectivity strengthens the investment story. San Marcos Regional Airport is nearby, with Texas State University, San Marcos Premium Outlets, and the broader Interstate 35 corridor within convenient reach. Bring your site plan, your due diligence, and your vision-then schedule a private property tour to explore the possibilities firsthand.
Full Property Details
Full Property Details for 158 Stockmen Ln
General
- Price: $1,500,000
- Taxes: $25,841 (2026)
- Status: Active
- Type: Commercial
- Source: Austin_MLS
- MLS ID: 3559631
- Updated: 9/16/2026
- Added to Site: 3 day(s) ago
Rental Information
- Lease Info: Fixed, See Remarks
Interior
- Flooring: See Remarks
Additional Information
- Security/Safety: Security Gate
Parking
- Total Spaces: 1
- Parking Features: Common, Direct Access, On Site, Open, Shared Driveway, Secured
Location
- Area: CC
- County: Caldwell
- Subdivision: Rural Martindale-Reedville
- Driving Directions: From 35, exit Yarrington Rd. Go N on Hwy 21. Turn R on Stockmen.
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Private Sewer, Septic Tank
- Water: Public
- Utility Description: Electricity Connected, Sewer Connected, Water Connected
Structural Information
- # Buildings: 30
- Detached/Attached: Detached
- Construction: See Remarks
- Square Feet: 12,000
- Sq. Ft. Source: Public Records
- Current Bldg. Use: Commercial, Multi-Family, Mini Storage, Mixed Use, See Remarks
- Year Built: 1995
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: Storage
Lot Features
- Property View: Rural
- Lot Size (Acres): 15.39
- Lot Size (Sq. Ft.): 670,388.4
Financial Considerations
- Operating Expenses: $9,648
- Assessment Amount: $1,649,031
- Tax Amount: $25,841.96
- Tax Year: 2026
- Terms: Cash, Conventional, SBA Type Loan
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Aerial, Rent Rolls
- Legal Description: A313 YATES, THOMAS, ACRES 15.39, LABEL1 RAD1185925, SN1 TXFLX12A57553FD11
- Disclosures/Reports: Seller Disclosure
- Property ID: 10031317300000
Listed by Keller Williams Realty and Keller Williams - Lake Travis
Get Pre-Approved Today
Schools
Schools serving 158 Stockmen Ln
School District:Lockhart Independent School District
| Name | Grades | Distance |
|---|---|---|
Clear Fork Elementary School 1102 Clear Fork Street, Lockhart, TX 78644 | K-5 | 10.4 mi |
Lockhart J High School 500 City Line Road, Lockhart, TX 78644 | 6-8 | 9.3 mi |
Lockhart High School 1 Lion Country Dr, Lockhart, TX 78644 | 9-12 | 10.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 158 Stockmen Ln
Date
Details
Price
Change
Source
9/15/2026
Listed
$1,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 158 Stockmen Ln
Year
Property Taxes
Change
Tax Assessment
Change
2026
$25,842
27%
$1,400,900
13%
2023
$20,371
—
$1,237,966
-7%
2023
$20,371
40%
$1,334,832
15%
2021
$14,545
—
$1,157,537
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 158 Stockmen Ln
158 Stockmen Lane, Maxwell, TX 78656 (MLS# 3559631) is a Commercial property. 158 Stockmen Lane is currently listed for $1,500,000 and was received on September 15, 2026. Want to learn more about 158 Stockmen Lane? Do you have questions about finding other Commercial real estate for sale in Maxwell? You can browse all Maxwell real estate or contact a Coldwell Banker agent to request more information.

