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Property profile & analytics
OFF-MARKET
Commercial real estate

Misty Ln Maxwell, TX 78656

98.21 ac lot
Property ID
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 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.

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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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