98.215 Acres 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 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.
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
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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.