5501 Old Colony Line Rd Lockhart, TX 78644
Listing Courtesy of: MLS LogoLERA MLS / Listed By: Gaines Slade, Coldwell Banker D'Ann Harper, Realtors - Contact:  gaines.slade@cbharper.com - (334) 221-7659

  5501 Old Colony Line Rd Lockhart, TX 78644

Active (49 Days)
$6,346,000 (USD)

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

MLS #:
1999632
Lot Size
167 acres
Type
Farm/Ranch
School District
Lockhart Isd
County
Caldwell County

Listed By

Gaines Slade, Coldwell Banker D'Ann Harper, Realtors, Contact: gaines.slade@cbharper.com - (334) 221-7659
Source
LERA MLS
Last checked Aug 28 2026 at 4:28 PM GMT+0000
Bathroom Details
Community Information
  • F
Utility Information
  • Sewer: Other
School Information
  • Elementary School: Call District
  • Middle School: Call District
  • High School: Call District
Additional Information: D'Ann Harper, Realtors | gaines.slade@cbharper.com - (334) 221-7659
Location
   
Calculate drive times to this property
 
Powered by INRIX® Drive Time

Powered by Walk Score®
Disclaimer: LERA MLS Copyright 2026 San Antonio Board of Realtors. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is 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. Data last updated 8/28/26 09:28.