TBD Bluebonnet Rd
About this 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.
Property details
Location
About the Area
TBD Bluebonnet Rd is located in Lockhart, Texas, in Caldwell County. Caldwell County lies at the southern edge of the Hill Country transition, centered on Lockhart, the Barbecue Capital of Texas, home to legendary pitmasters whose craft has drawn food pilgrims from around the world. The county blends working-class Texas tradition with proximity to the booming Austin corridor.
The San Marcos River forms part of the county's northern boundary, and the Plum Creek watershed drains much of the county's rolling blackland prairie and post oak savanna. The terrain is gentler than the Hill Country proper, with broad agricultural plains transitioning to wooded creek bottoms.
Lockhart had an estimated population of 14,708 as of 2023. The 78644 zip code has a median household income of $72,155, a median home value of $242,900, and a median age of 38.6. The average household size is 2.67 people.
Agriculture, barbecue tourism, manufacturing, and Austin metro spillover define Caldwell County's economy. Lockhart has seen significant investment as buyers priced out of Austin seek affordable acreage and small-town living within 40 miles of downtown.
Demographic data sourced from the U.S. Census Bureau, American Community Survey 5-Year Estimates (2023).
Listing information © 2026 Unlock MLS (ACTRIS). All data provided AS IS. Information is deemed reliable but not guaranteed. Listing courtesy of Keller Williams Realty.