— bed, — bath, 1,480 sqft on 67.24 acres in Maxwell. Maxwell, TX 78656. $3,225,000. SanMarcosCONSISD.
About This Home
*Sold with PID - 100002120600000 / 2.61 acres & PID-100002136704000 / 14.81 acres. Total to be 67.24 acres.* This is a fantastic opportunity to own property located 6 miles from the center of San Marcos, 35 miles from Austin and in-between Interstate 35 and 130! This property has lots of potential and development opportunity! Currently the property is being used for an event space / music venue, regenerative produce farm and cattle. As you enter the gate - main house is to the left at 1800 square feet and green houses are to the right. As you pass multiple outdoor gardens you will see the barn straight ahead which houses 2 studio apartments (Studio 1 roughly 468 square feet and Studio 2 roughly 360 square feet) / venue suites, a large covered pavilion, a commercial kitchen with bay, 10'x12' walk-in cooler, and an office / storage space in front. Recently built are 6 commercial restrooms right off the pavilion as well as a full stage. This is your chance to own a property with lots of possibilities, an easy commute access, all while viewing peaceful sunrises and sunsets!
At 480 Mill Road in Maxwell, you own 67.24 acres of operational agricultural land positioned between Interstate 35 and Highway 130, just six miles south of San Marcos and 35 miles from Austin's urban core. This is not a passive investment. The property functions as a working regenerative farm with established garden infrastructure, livestock operations, and commercial-scale growing systems that generate revenue while you live here.
The main residence spans 1,480 square feet and anchors the western portion of the property. Multiple greenhouses line the eastern approach, each positioned to capture maximum sun exposure for year-round cultivation. The infrastructure tells the real story: a commercial kitchen with walk-in cooler, covered pavilion with full stage, six commercial restrooms, and two studio apartments (468 and 360 square feet respectively) housed in the barn structure. This setup functions as an event venue and agricultural education space, meaning your land actively produces income while you build equity.
Water independence is embedded into the operation through private well access serving both residential and agricultural systems. The moderate tree coverage and cleared garden areas provide natural screening while maximizing productive land. Soil quality and water availability drove the original development as a regenerative produce operation, not coincidence.
San Marcos Consolidated Independent School District serves the property, with Dezavala Elementary, Goodnight Middle School, and San Marcos High School as the district schools. The location sits within reasonable driving distance of major employers in Austin while maintaining genuine separation from suburban density.
The current asking price of $3.23 million ($2,179 per square foot for the main house) reflects the acreage premium and installed infrastructure. The property has been on the market for an extended period, creating negotiation space for serious buyers who recognize what this represents: a functioning homestead that doesn't require you to sacrifice modern comfort or income potential. You get independent water systems, proven agricultural operations, event revenue infrastructure, and 67 acres of land within commuting distance of the Austin metro area. This is self-sufficiency scaled to actual living, not theoretical off-grid fantasy.
The numbers behind this insight
- Offered at
- $3,225,000
- Listed
- February 20, 2024
- Asking price per sq ft
- $2,179
Keenan Luxury Market Index: $3M-$5M single-family homes across the Austin area sold at a median $734 per sq ft over the trailing 12 months (181 sales), as of October 15, 2026.
- Property Type
- Farm
- Lot Size
- 67.24 acres
- Price / Sq Ft
- $2,179
Listing information last updated June 2, 2026.
Listed by Elite Realty Advisors
MLS# 9477533 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Heating
- Central,Varies by Unit,Wood Stove
- Cooling
- Ceiling Fan(s),Central Air,Separate Meters,Varies by Unit
Exterior & Lot
- Agricultural
- Back Yard
- Cleared
- Farm
- Garden
- Trees-Moderate
- Back Yard
- Barbed Wire
- Livestock
- Wire
- Wood
- Slab
- Lot Size
- 67.24 Acres
- Creek
- Dry
- Seasonal
Financial
- Original List Price
- $3,200,000
- Price per Sq Ft
- $2,179
Utilities
- Above Ground
- Electricity Connected
- Propane
- Sewer Connected
- Water Connected
- Water Source
- Public,Well
- Sewer
- Septic Tank,See Remarks
Transaction History
3 records on file
Every recorded listing, sale, and lease at 480 Mill RD, whoever represented it.
- ActiveListed 2024Current price: $3,225,000Original list: $3,225,000MLS 9477533
- Listed · February 20, 2024$3,225,000
- WithdrawnListed date not recordedCurrent price: $144,000Original list: $144,000MLS 7532564
- WithdrawnListed date not recordedCurrent price: $549,000Original list: $549,000MLS 2915343
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
- $3,225,000
- Original list
- $3,200,000
- Price movement
- No verified reduction
- Listed / DOM
- Feb 20, 2024 · 969 days
Zoned Schools
SanMarcosCONSISD
San Marcos
Goodnight
Dezavala
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.
20% ($645K)
Adjustable assumption - not a lending recommendation.
$3,225,000
Luxury property intelligence
Keenan Market Position
A sourced read on Maxwell pricing, timing, and property scale. No automated valuation claim.
List price
$3,225,000
Price per sqft
$2,179/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
969 days
Original to current
No verified reduction
$3.2M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.
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