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Just Listed

$1,500,000

158 Stockmen LN, Maxwell, TX 78656

Rural Martindale-Reedville

Sq Ft12,932
Acres15.39
Year Built1995

About This Property

Positioned at the intersection of current cash flow and future development potential, this exclusive 15.39-acre offering presents a rare investment opportunity in Caldwell County. Approximately 12,932 square feet of existing improvements support income-producing operations, including six duplexes and 24 storage units—helping offset holding costs while longer-term plans take shape. The property fronts State Highway 21 and extends along Tokyo Road, the entrance route to the Cotton Gateway master-planned community. Prominent positioning places the site near an expanding residential base and opens the conversation for neighborhood retail, multifamily development, or light industrial use, subject to applicable approvals. In other words, the land offers more than room to dream; it already has tenants helping with the tab. Infrastructure adds practical value. Maxwell Water serves the property through four existing taps, Pedernales Electric Cooperative power currently reaches the duplexes and storage units, and an on-site sewer system is in place. A request to remove the property from the San Marcos extraterritorial jurisdiction was received by the city on September 30; buyers should independently confirm status and development requirements. Connectivity strengthens the investment story. San Marcos Regional Airport is nearby, with Texas State University, San Marcos Premium Outlets, and the broader Interstate 35 corridor within convenient reach. Bring your site plan, your due diligence, and your vision—then schedule a private property tour to explore the possibilities firsthand.

Property Details

Property TypeCommercial
MLS #3559631
Days on Market0
Lot Size15.39 acres
Listed9/15/2026
Last Updated9/15/2026

Location

County
Caldwell
MLS Area
CC

Size

$/Acre
$97,466
Heating
Central
Cooling
Central Air
Flooring
See Remarks
Construction Materials
See Remarks
Foundation
Slab
View
Rural
Parking Features
Common, Direct Access, On Site, Open, Secured, Shared Driveway

Location

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Listing provided by Shannon James · Keller Williams Realty · (512) 969-7097

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. All information provided is deemed reliable but is not guaranteed and should be independently verified.

$1,500,000