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Improved Land for Sale in Lockhart, Texas

5501 Old Colony Line Rd, Lockhart, TX 78644

$4,926,500
168 acres
Active
$443k drop
Est $24,669/mo

Discover this sprawling 167-acre property located just 11 miles outside the growing city of Lockhart. Situated beyond the city limits with minimal county restrictions, this expansive tract offers endless possibilities for residential development, investment, or country living. The property is part of Aqua Water Supply Company's service area, with power already available on-site. The majority of the land is cleared, drivable, and fully fenced, offering multiple possibilities for use. A charming log cabin homestead and horse barn are nestled nearby, providing a serene country retreat. The property also features several tanks, including a large pond spanning over a couple of acres, perfect for livestock or recreational use. With an agricultural exemption already in place, you can enjoy the benefits of rural living with potential tax advantages.As commercial and residential growth continues to thrive in Lockhart and its surrounding areas, this property represents a prime opportunity to capitalize on the momentum. Whether you envision a development project, an investment for the future, or a peaceful escape, this property is your gateway to endless potential.

1,754
Sq feet
2012
Built

Location

Street address
5501 Old Colony Line Rd
School district
Lockhart ISD
Elevation
479 feet
Coordinates
29.8686, -97.5317

Directions

From Austin, take I-35S and take TX-45 E/TX-45 Toll to TX-130 S to US-183 S in Lockhart. Take exit 470 from TX-130S and follow US-183S, FM 20E and FM 713 E to 5501 Old Colony Line Road.

Property details

Acreage
167.798 acres
MLS #
SMABOR 559584
Posted

Property taxes

2024
$6,368 - A193 MCCULLOCH, BENJAMIN, ACRES 157.7164 & A193 Mcculloch, Benjamin, Tract 2, Acres 10.082

Parcels

  • 15523

Legal description

Details and features

Listing

Type
Farm
Subtype
Single Family Residence

Lot

View
Lake
Features
Acreage, Ranch

Exterior

Fencing
Perimeter
Pool
Porch
Structures
Barn(s)
Features
Horse Facilities

Structure

Stories
1
Water
Private, Well
Roof
Metal

Interior

Features
Eat In Kitchen, Kitchen Family Room Combo, Kitchen Island, Pantry

Listing history

DateEventPriceChangeSource
Apr 28, 2025Price drop$4,926,500$443,048 -8.3%SMABOR
Mar 3, 2025Price drop$5,369,548$308,452 -5.4%SMABOR
Oct 19, 2024New listing$5,678,000SMABOR
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This 167.798-acre property is located at 5501 Old Colony Line Rd in Lockhart, TX 78644. The property is available for sale for $4,926,500. It has a 1,754 sq ft structure built in 2012.

Checked 46 mins ago — Updated

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