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Kati Garrett
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5501 Old Colony Line Rd, Lockhart, TX 78644

$6,346,000
  • 5501 Old Colony Line Rd, Lockhart, TX 78644 Main Photo

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New to the Market New
MLS#1999632
STATUSNew PROPERTY TYPELand - Farm SCHOOLLOCKHART ISD

Property 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 propertys 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

5501 Old Colony Line Rd | MLS# 1999632

This land located at 5501 Old Colony Line Rd, Lockhart, TX 78644 is currently listed for sale with an asking price of $6,346,000. The property has approximately 0 Acres. Old Colony Line Rd is located within the LOCKHART ISD school district. Search Lockhart real estate on katigarrett.kellyrealtors.com today.

Property Features

Property Type: Land - Farm
Taxes: $0

Feature Descriptions

Days on Site: 6
Tax - City: 0
Tax - County: 0
Tax - Other: 0
Tax - School: 0
Type: Farm/Ranch

Local Schools

High School: Call District
Middle School: Call District
Elementary School: Call District
School District: LOCKHART ISD

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker DAnn Harper
Agency Phone: (830) 816-7200

Shown By

Agent Name: Kati Garrett
Agent Phone: (254) 717-3395
Agency Title: Kelly, Realtors
Agency Email: info@kellyrealtors.com
Agency Text: (254) 717-6447

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Estimated Payment

$ 15,974.36 per month $14,123.44 Principal & Interest $0.00 Property Tax (data not provided by mls) $1,850.92 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers 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 on this site was last updated 07/18/2026. The listing information on this page last changed on 07/18/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 07/18/2026 12:25:58 AM EST) or NTREIS (last updated Fri 07/17/2026 11:49:19 PM EST) or SABOR MLS (last updated Fri 07/17/2026 11:53:14 PM EST) or CTXMLS (last updated Fri 07/17/2026 11:34:24 PM EST). Real estate listings held by brokerage firms other than Kelly, Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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