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    11915 Fm-86 Lockhart, TX 78644

    For Sale
    $5,225,000

    COMMERCIAL - Lockhart, TX

    Property size:
    4,118 SF
    Lot size:
    418.96 Acres
    Days on Market:
    35
    Last Refresh:
    Dec 10 at 2:06 pm

    Property Features for 11915 Fm-86

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Vegetation
    Wooded
    APN
    16124
    Size
    4,118 SF
    Lot size
    418.96 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air
    Water front
    1

    Building Details

    Year built
    1925
    Floors in Building
    1
    Flooring type
    Wood
    Building materials
    StoneVeneer, WoodSiding
    Roof type
    Metal

    Land Unlimited (512) 470-4237

    Listing agent Kaylee Sutton (512) 729-7139 License #0700093

    Listing date Nov 6, 2025

    Copyright © 2025 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lockhart Acreage with Development Potential

    Located in Lockhart, Texas, this property encompasses over 418 acres, presenting a blend of investment possibilities, ranching capabilities, and natural features. Approximately 65% of the land consists of open pasture, complemented by 35% wooded areas populated with mature live oak and pecan trees. The property includes four stocked ponds and a wet-weather creek. Improvements feature a 1,831 square foot main home, originally from Austin and expanded in 2008, a 1,200 square foot cottage dating back to the 1930s from Elgin, and a 1,368 square foot foreman's home. A metal barn with cattle pens is also present. The property benefits from public water, electricity, and an agricultural exemption. With frontage on FM 713, Fox Lane, and FM 86, the land offers accessibility and visibility for potential development or continued ranching activities. Situated outside city limits and unzoned, the property allows flexibility for ranching, recreation, or long-term investment. It is located 30 miles south of Austin, 15 miles east of San Marcos, and 30 miles west of Bastrop.
    Location Intelligence

    Current Use by Public Records

    Ranches

    Map

    City
    Lockhart
    County
    Caldwell
    State
    Texas
    Longitude
    -97.6713
    Latitude
    29.8965

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    FAQs

    What type of property is this?
    Ranch - 418+ acres in Lockhart, TX, suitable for ranching or development.
    Where is this ranch located?
    The property is located at 11915 Fm-86 Lockhart, TX.
    What is the asking price?
    The asking price for this property is $5,225,000.
    What are key features of this property?
    This property features: - Over 418 acres of land with a mix of open pasture and wooded areas.; - Excellent location: 30 miles south of Austin, 15 miles east of San Marcos, and 30 miles west of Bastrop.; - Multiple residences: 1,831 SF main home, 1,200 SF cottage, and 1,368 SF foreman's home.
    (512) 729-7139
    Request Owner's contact information
    11915 Fm-86 Lockhart, TX 78644
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    11915 Fm-86 Lockhart, TX 78644
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