Property profile

98.215 Acres Misty Ln Maxwell, TX 78656

OFF-MARKET
Commercial real estate
98.21 ac lot
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Property summary

AI-generated overview

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 profile

Verified
Property type Commercial real estate
Lot 98.21 ac (4,278,028 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

98.215 Acres Misty Ln Maxwell, TX 78656
Maxwell metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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