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    98.215 Acres Misty Ln Maxwell, TX 78656

    For Sale
    $3,200,000

    98 Acres, High-Growth Area, Ag Lease

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional 98.21-acre commercial property presents a unique investment opportunity in Caldwell County, Texas. Strategically located just northeast of San Marcos and easily accessible via paved Misty Lane, off Texas Highway 21, this expansive tract is situated in a rapidly developing area experiencing significant growth. A key advantage is its proximity to a planned new Lockhart ISD elementary school, only a few hundred yards away, promising future residential development and increased demand. Currently utilized for agricultural purposes under an existing lease agreement, this open farmland offers considerable potential for a variety of commercial ventures. The property's size and location make it ideal for large-scale development projects, benefiting from its convenient access to major transportation routes. While there are no existing buildings on the site, the absence of structures allows for complete design flexibility and customization to suit any future development plans. Please note that a survey is not currently available. This is a rare chance to acquire a substantial land parcel in a high-growth area with excellent future prospects. The asking price is $3,200,000.

    Property Features for 98.215 Acres Misty Ln

    General Information

    Property type
    Other commercial real estate
    Lot Size
    4,278,028 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Maxwell
    County
    Caldwell
    State
    Texas
    Longitude
    -97.76026
    Latitude
    29.90056

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    FAQs

    What type of property is this?
    Commercial real estate - 98 Acres, High-Growth Area, Ag Lease
    Where is this commercial real estate located?
    The property is located at 98.215 Acres Misty Ln Maxwell, TX.
    What is the asking price?
    The asking price for this property is $3,200,000.
    (830) 379-7111
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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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    98.215 Acres Misty Ln Maxwell, TX 78656
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