Misty Ln Maxwell, TX 78656
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 off Texas Highway 21 via paved Misty Lane, this land benefits from its position in a rapidly developing area. The property's proximity to a planned new Lockhart ISD elementary school further enhances its long-term potential. Currently utilized for agricultural purposes under an existing lease agreement, this expansive tract offers significant upside for future development. The open farmland is ideal for a variety of commercial ventures, capitalizing on the area's growth trajectory. While there are no existing buildings on the site, the substantial acreage provides ample space for future construction. Please note that a survey is not currently available. This is a rare chance to acquire a large parcel of land in a high-demand location poised for significant appreciation. The asking price is $3,200,000. Serious inquiries only. All information deemed reliable but not guaranteed.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.