Property photo 1
FOR SALE
Property photo 2
Property photo 3
Property photo 4
Property photo 5
Property photo 6
Property photo 7
Property photo 8
Property photo 9
Property photo 10
Property photo 11
Property photo 12
Property photo 13
Property photo 14
Property photo 15
Property photo 16
Property photo 17
Property photo 18
Property photo 19
Property photo 20
1 of 20

$1,099,997

Reduced $400K

TBD Bluebonnet RD, Lockhart, TX 78644

Est. Mortgage $7,135/mo

6,672

sqft

25.99

acres

Multi Family
Built in 1978
25.99 Acres Lot
6,672 sqft
$165/sqft
Request property documents
OVERVIEW

About this multi-family property

Awesome location with incredible potential on this 26-acre property located 8 miles north of Lockhart on S Hwy 183 / SH 130, with approximately 740 feet of highway frontage. Approximately a 20-minute drive to Austin, ABIA, and Tesla, and 30 minutes to San Marcos or Bastrop. INCOME IN PLACE. Sold as 3 separate tax parcels, giving a buyer flexibility to phase, finance, or divest in pieces. Improvements include 5 site-built homes and 1 duplex totaling 6,672 sq ft with 16 beds and 10 baths, plus 4 rented lots. Scheduled gross monthly income is $7,990, or $95,880 annually. Two units are currently vacant, so a buyer steps into immediate lease-up upside. Net income before repairs runs approximately $43,594 annually per seller's statement. Full rent roll and expense detail available on request. THE CORRIDOR. Caldwell County ranks among the fastest growing counties in the nation, and Lockhart grew from roughly 14,400 residents in 2020 to more than 17,000 by 2024. Blue Sky, a 932 acre master planned community, has roughly 3,650 homes planned. Moxie adds another 2,500 homes on 589 acres. TxDOT has authorized $250 million to convert 21 miles of SH 130 into a smart freight corridor beginning in 2027. Thousands of rooftops are arriving in a market that has not yet built the storage, contractor yards, retail, or workforce housing to serve them. THE LAND. A large 2 to 3 acre stock pond near the front provides a nice recreation spot. Gently sloping pastureland with mature trees. Electricity and public water connected, septic in place. 746 x 1612. Texas counties have no zoning authority; buyer to verify jurisdiction and ETJ status. Collect income while entitling highway frontage in one of the fastest growing corridors in Texas. Additional 27.46 acres available to the north under MLS 1697253. Combine both for 53.45 contiguous acres. Seller will consider a package price for the two tracts.

Listings checked every few minutes. MLS# 4124124 was Last Updated: 09-02-2026.

Listed by Keller Williams Realty (512) 448-4111

Listing courtesy of Unlock MLS as distributed by MLS Grid. The information being provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but is not guaranteed accurate by MLS Grid or Unlock MLS.

Frequently Asked Questions

How much is TBD Bluebonnet RD?

TBD Bluebonnet RD is listed for $1,099,997. It features 6,672 square feet, 25.989 acres. Built in 1978.

What city is TBD Bluebonnet RD in?

TBD Bluebonnet RD is located in Lockhart, Texas.

What are the details of TBD Bluebonnet RD?

TBD Bluebonnet RD was built in 1978, and sits on 25.989 acres of land, and is a multi family style multi-family property.