5501 OLD COLONY LINE RD, LOCKHART, TX 78644

Homes for sale in Lockhart.

Homes for sale in 78644.


Status of the property has changed, please contact for details

List Price$6,346,000

5501 Old Colony Line Rd

Lockhart, TX 78644

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Listing #1999632

Farm

Type

About This Property

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

Listing Courtesy of Gaines Slade, Coldwell Banker D'Ann Harper (334) 221-7659

Property Features

Location Information

County

Caldwell

MLS Area

3100

Interior Features

Has Dining Room

Yes

Has Family Room

Yes

Exterior Features

Water / Sewer

Small Tanks

Lot Size in Acres

167

Utilities Available

Electricity, Water

Present Use

Other

Utilities On Site

Other

Mineral Rights

Negotiable

Irrigation Wells

Other

Road Frontage

County

School

School District

LOCKHART ISD

Jr. High School

Call District

Elementary School

Call District

High School

Call District

Additional Information

Property Type

FRM

Restrictions

Call Broker

Year Built

2026

Documents Available

Other

Status

New

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Mortgage Calculator

$29,636

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$22,868

Monthly Tax

$5,288

Monthly Insurance

$1,480

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

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