— bed, — bath on 123.44 acres in Lockhart. Lockhart, TX 78644. $2,345,379. Lockhart ISD.
About This Home
Ideal Ranch only 5 minutes East of Lockhart. This 123 acres has approx. 30-40 acres improved Coastal grass fields currently being baled for hay. Would be great for horses or cattle. Property located on County maintained paved Rd. Public water line is at the road. Electric available. Nice mixture of improved grasses and the back of the Ranch is very wooded with Post oaks, elms, cedars and many more trees. Lots of wildlife. Easy access to Lockhart, Hwy 183, and toll road 130. Really Beautiful Ranch. Ag exempt.
Three hundred twenty-three acres of open grassland and dense oak woodland sit just five minutes east of Lockhart on Old Kelley Road, offering 123 acres of uninterrupted space for hunting, fishing, and everything in between. This Caldwell County ranch combines improved Coastal grass fields with native timber, creating the kind of property where weekends turn into extended escapes without leaving the Austin region.
The working side of the ranch is already established. Approximately 30 to 40 acres of improved pasture are actively being managed for hay production, but the real appeal is flexibility. Whether you want to transition this into a horse operation, build a cattle herd, or simply maintain it as a wildlife habitat, the infrastructure supports your vision. County-maintained paved access on Old Kelley Road means reliable year-round passage. Public water is already at the property line, and electric service is available for any future development or outbuilding needs.
The back portion of the ranch transforms into dense woodland dominated by native post oak, elm, and cedar. This mix creates natural corridors for white-tailed deer, wild turkey, and upland game birds. Hunters and nature enthusiasts find this transition from grassland to timber especially valuable because it concentrates wildlife movement. The property offers legitimate hunting and fishing potential on your own land, plus room for ATVs and trails that wind through the wooded sections.
Lockhart is just five minutes west, putting you minutes from Highway 183 and toll road 130 for quick commutes to Austin when needed. The town itself offers the kind of small-community character that makes weekend retreats feel like real escapes rather than extended commutes. Caldwell County's agricultural exemption status protects your tax burden while you operate the property as a working ranch.
What makes this property stand out is the balance between ready-to-use improvements and raw opportunity. The hay production generates modest income while you decide whether to expand into livestock or leave the back acreage as a wildlife refuge. Kids learn responsibility managing land and animals. Adults find genuine recreation in hunting, fishing, and operating ATVs across terrain they actually own. This is the rare property where improvement and wildness coexist, offering a functional weekend compound just far enough from Austin to feel like a true retreat.
The numbers behind this insight
- Offered at
- $2,345,379
- Listed
- April 3, 2025
- Price changes
- Reduced, down 24% from $3,086,025
Keenan Luxury Market Index: $2M-$3M single-family homes across the Austin area sold at a median $595 per sq ft over the trailing 12 months (388 sales), as of November 13, 2026.
- Property Type
- Farm
- Lot Size
- 123.44 acres
Listing information last updated November 3, 2026.
Listed by Countywide Realty
MLS# 7632918 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Exterior & Lot
- Agricultural
- Farm
- Public Maintained Road
- Trees-Medium (20 Ft - 40 Ft)
- Barbed Wire
- Lot Size
- 123.44 Acres
Financial
- Original List Price
- $3,086,025
Utilities
- Above Ground
Transaction History
1 record on file
Every recorded listing, sale, and lease at 3223 Old Kelley RD, whoever represented it.
- ActiveListed 2025Current price: $2,345,379Original list: $3,086,025MLS 7632918
- Price changed · December 17, 2025$3,086,025
- Price changed · February 20, 2026$2,345,379
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $2,345,379
- Original list
- $3,086,025
- Price movement
- $740.6K reduction
- Listed / DOM
- Apr 3, 2025 · 590 days
Virtual Tour

Zoned Schools
Lockhart ISD
Lockhart
Lockhart
Clear Fork
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.
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
Illustrative down payment
20% ($469K)
Adjustable assumption - not a lending recommendation.
Home price
$2,345,379
Loan details
Luxury property intelligence
Keenan Market Position
A sourced read on Lockhart pricing, timing, and property scale. No automated valuation claim.
List price
$2,345,379
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
590 days
Original to current
$740.6K reduction
$3.1M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Nov 3, 2026.
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