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$4,740,824

1923 Farmers Rd, Maxwell, TX, 78656

On MarketInfo
Baths0 Bath
Year BuiltBuilt in 1900

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringOther

Exterior

Lot Size180 acres

Land Information

APN0200123-114-000-20
SubdivisionHines, Elbert
Land UseVacant Land
Legal DescriptionA123 HINES, ELBERT, ACRES 180.0, UNDIVIDED INTEREST 50.0000000000%
Census Tract960502
Assessed Land Value$27,450
Assessed Improvement Value$30,140
Assessment Year2024

About this property

70 acres of exceptional development opportunity in the heart of Caldwell county's exploding Rapid Growth Corridor. Located on the busy southern end of The "Texas Triangle" which has been projected to grow by over 35M+ people by 2050. This tract is the hard corner of Misty Lane (2314' frontage) and Farmer's Road (1248' frontage.) It is directly across the street from the future Lockhardt ISD Elementary School and caddy corner to a proposed 500+ home DR Horton Project. Power lines along the frontage, community water available, plus a high volume major water supply pipeline under construction and on its way to the school site. Approximately 4 miles from the Master Planned Axis Logistics Industrial Park bringing online over 2000 acres of industry and jobs. This area is a natural for all this activity as it is easily accessible to SH 123, SH 80, SH 21 and only a few miles to hop onto Toll 130, IH 10 or IH 35. This tract is notable in that it is free of oilfield, pipelines and access easements. It has no flood plain and gently drains off well. Not flat but just enough relief for unrestricted project layouts. Might be the best investment prospect in the area! Only the resolution of a family estate brings this property to the market for the first time in almost 100 years.

Investor Tools

$0Estimated Mortgage Balance
$57,590Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$28,445 /month
Positive
Cash Flow Estimate:
$9,482 /month

Interested in this property?

Eric Bluntzer

United Country RE-Bluntzer RE

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$102/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$935
$57,590
2024
$27,450
$30,140
$1,282,415
No

Tax History

Year
Tax Paid
Assessed Value
2024
$935
$57,590

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$57,590
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Maxwell

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1923 Farmers Rd | Property Details | No Agent List