
Large-scale development opportunity in Lockhart positioned just 1/2 mile from SH 130 with over 12,000 feet of frontage along Highway 80 and Political Road. Located within the Austin/San Antonio growth corridor and outside city limits, this prime Caldwell County site offers flexibility for residential, commercial, industrial, data center, or mixed-use development. The property is approximately 900 acres and is nearing full entitlement. Seller is willing to subdivide. Highlights include approved MUD, an approved wastewater treatment plant, and water service through Tri-Community Water CCN with confirmed initial connections and planned expansion capacity. A development agreement with Caldwell County is pending execution. The site is located within a designated Opportunity Zone and may present eligibility for Opportunity Zone investment structures. Based on location and job creation potential, the project may also be well positioned for EB-5 capital consideration, subject to buyer verification and program compliance. Improvements include a large primary residence, barn, cattle pens, and multiple ponds, allowing for interim agricultural use, investment hold flexibility, or phased development planning. Large, contiguous tracts of this scale are increasingly limited within the greater Austin market! Reach out for more information.
Property Type
Land
Lot Size
900.00 acres
Listed by Land Unlimited
Verified property facts
2884 Political Rd is zoned for Lockhart ISD with assigned schools: Bluebonnet (Lockhart ISD) (elementary), Lockhart (middle), Lockhart (high). School assignments should be verified directly with the district.
2884 Political Rd is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
With 20% down ($9,860,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 2884 Political Rd is around $346,190 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
2884 Political Rd sits on a 900.00-acre lot, providing substantial outdoor living space. Properties of this scale in Austin's luxury market typically feature pool areas, outdoor kitchens, and mature landscaping. Confirm specific amenities with the listing agent.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
Property Details
Lot Features
Listing timeline with current price, original ask, and market time.
Lockhart ISD
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.
20% ($9.9M)
$49,300,000
Luxury property intelligence
A sourced read on pricing, timing, and property scale. No automated valuation claim.
List price
$49,300,000
Price per sqft
Not available
Vs. neighborhood median
Not available
Days on market
132 days
Original to current
No verified reduction
$49.3M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jul 13, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
Car-Dependent
N/A
Somewhat Bikeable
Walk Score measures walkability based on distance to amenities. Transit Score measures public transportation access. Bike Score measures bikeability based on bike infrastructure and terrain.
Best Match
Balanced against price, location, and layout so nearby lookalikes rise first. Properties with similar features
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