Land for Sale - 5501 Old Colony Line Rd, Lockhart, TX 78644 - 167.0 acres

Investment Acreage Near Lockhart & San Marcos | 167 +/- Acres

5501 Old Colony Line Rd, Lockhart, TX | Lat/Lng:  29.8704, -97.5345

$6,346,000
167 ac.
06/16/2026
ACTIVE
Main Listing ImageMain Listing Image

Description

Positioned in a desirable Caldwell County corridor with strong regional connectivity and meaningful scale, this 167 +/- acre offering presents an exceptional opportunity for developers, investors, land bankers, or buyers seeking a property with both immediate utility and long-term upside. Combining county road frontage with multiple access points, existing infrastructure, improvements, water features, and agricultural valuation, the property offers flexibility across a wide range of future development and investment strategies. Access is established through a private gated entrance and supported by multiple entry locations along county road frontage, creating optionality for future planning, phased development, subdivision concepts, or continued ranch ownership. The property benefits from existing utility infrastructure including water service through Martindale Water Supply Corporation with water line and meter already in place, along with onsite power serviced by Bluebonnet Electric Cooperative. The landscape offers a balanced mix of open grazing areas, mature hardwoods, native brush, and tall grasses that create both visual appeal and practical usability. A large approximately 2-acre pond, along with multiple additional ponds throughout the property, enhances aesthetics, livestock functionality, and long-term recreational value while contributing to attractive homesite placement opportunities across the ranch. Existing improvements add immediate functionality and reduce the effort required to begin using or planning the property. A rustic-style residence with covered outdoor living areas provides a comfortable ranch headquarters or interim occupancy, while the accompanying barn-style structure offers flexible utility for equipment storage, workshop space, operational use, or adaptive future conversion. Additional livestock improvements support current agricultural operations and reinforce the property's cattle-ready status. Currently benefiting from agricultural exemption for extremely low annual carrying costs, the ranch offers an attractive holding profile while preserving future flexibility. Abundant wildlife, numerous potential homesites, existing infrastructure, and strategic location position this property as a compelling opportunity for investment, development consideration, recreational ownership, or long-term land appreciation. Conveniently located approximately 8 +/- miles from Lockhart and Highway 183, 25 +/- miles from San Marcos, and within approximately 55 +/- miles of both Austin and San Antonio, this property sits within reach of some of Central Texas strongest continuing growth markets. 167 +/- Acres in Caldwell County Developer or subdivision / investment potential County road frontage with multiple entry points Private gated entrance driveway Water line and meter in place serviced by Martindale WSC Power onsite serviced by Bluebonnet Electric Coop Ag exempt for extremely low annual tax rates Large 2 acre pond Multiple ponds House Barndo Livestock barn Large oak trees and brush with tall grasses Cattle ready Wildlife abundant Numerous homesite potential 8 +/- miles from Lockhart and HWY 183 25 +/- miles from San Marcos 55 +/- miles from Austin & San Antonio The information contained herein is deemed reliable but is not warranted or guaranteed by the Broker or Seller. The Broker (CBDHR) does not assume liability for typographical errors, misprints, nor for misinformation that may have been given to us. All property is subject to change, withdrawal, or prior sale. Buyer is encouraged to conduct their own due diligence prior to purchasing. All info listed above is according to the best knowledge of the seller and other relevant sources Prospective buyers should verify all information to their satisfaction. No representation is made as to the possible value of this investment or type of use, and prospective buyers are urged to consult with their tax and legal advisors before making a final determination. Real Estate buyers are hereby notified that real properties and its rights and amenities in the State of Texas are subject to many forces and impacts, whether natural, those caused by man, or otherwise; including, but not limited to, drought or other weather related events, disease (e.g. Oak Wilt, Anthrax, Chronic Wasting Disease), invasive species, illegal trespassing, previous owner actions, neighbor actions and government actions. Prospective buyers of Texas real estate should investigate any concerns regarding a specific real property to their satisfaction

Details

CountyCaldwell
Zipcode78644
Property Type OneRanches
Property Type TwoUndeveloped Land
BrokerageColdwell Banker D'Ann Harper
Brokerage Linkhttps://weselltexasranches.com/
Apn15523
Land Listing Agent Photo
Gaines Slade
Coldwell Banker D'Ann Harper
(830) 469-3022
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