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 completed in 2025; 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.
Located along Hwy 142, this property offers excellent visibility and convenient access. With 8.35 acres and two buildings already in place, there is plenty of room to bring your vision to life. Whether you're looking for a location for a business, investment opportunity, development potential, or a property with room to expand, this tract offers the space and flexibility to make it happen.
Opportunity! Investment! The value is in the land for future development. 1 acre! Surrounded by new neighborhoods and a brand new apartment complex. Growth is happening. Real close to the hard corner at Highway 21 and FM 1966. There is duplex on site that can be rented out for the time being to off set some closing costs. Each is side is 2 bedroom 1 bath. Maxwell water, pec electric and on septic.
14 acres with high visibility on HWY 142. 12 inch waterline and three phase power along the road frontage. No floodplain. Good topography for development. Located outside city limits.
14 acres with high visibility on HWY 142. 12 inch waterline and three phase power along the road frontage. No floodplain. Good topography for development. Located outside city limits.
B&C Storage – ~85% occupied, this 4.01-acre income-producing storage facility features 152 covered Boat & RV storage spaces across three metal-framed buildings, with 440 feet of prime highway frontage along a high-growth corridor. Strategically positioned between San Marcos and Bastrop, just north of San Marcos Airport, the site offers unrestricted zoning, a secured gated entry, and a 12’ x 16’ moveable office. With room to increase rents and the potential to renovate into a fully enclosed storage facility, investors can capitalize on higher rental rates and increased cash flow, making this an excellent opportunity for expansion, redevelopment, or continued operation in a rapidly growing market with several new residential developments underway within a 2 mile radius. Ask about adjacent expansion land available.

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Maxwell is located in Texas. Maxwell, Texas has a population of 2,513. Maxwell is less family-centric than the surrounding county with 30.53% of the households containing married families with children. The county average for households married with children is 34.07%.
The median household income in Maxwell, Texas is $49,564. The median household income for the surrounding county is $63,380 compared to the national median of $69,021. The median age of people living in Maxwell is 30.7 years.
The average high temperature in July is 95 degrees, with an average low temperature in January of 38.7 degrees. The average rainfall is approximately 35.1 inches per year, with 0 inches of snow per year.