— bed, — bath on 20.00 acres in Martindale. Martindale, TX 78655. $1,200,000.
About This Home
20 Acres in Martindale, no zoning, utilities available at the gate entrance. Potential for a residential rural subdivision, commercial development or industrial use. Level with high ground providing views and potential to expand the livestock tank. Fencing in place and adjacent to developing residential area with access to San Marcos, New Braunfels, Austin, Lockhart, Luling and San Antonio with access from TX 130.
The 20-acre property at 4921 SE River Rd in Martindale sits at a critical inflection point for Central Texas land development, offering unzoned flexibility and direct access to one of the region's fastest-growing corridors. This raw land holding in Caldwell County positions itself between the expanding markets of San Marcos to the south and the Austin metro sprawl moving northeast through TX 130, a major commercial artery that connects directly to the property.
The land itself is topographically advantageous with level terrain, elevated sections providing natural sightlines, and existing perimeter fencing already in place. Utilities are staged at the gate entrance, eliminating a significant development hurdle. The existing livestock tank infrastructure can be expanded or repurposed depending on end use. This combination of prepared infrastructure and lack of restrictive zoning removes conventional barriers that plague raw land transactions across the Hill Country and Caldwell County.
Development potential breaks into three distinct paths. Residential rural subdivision development aligns with the adjacent residential area growth trending through Martindale toward San Marcos and New Braunfels. Commercial development capitalizes on proximity to TX 130, which funnels traffic from the Austin metro toward San Antonio and emerging logistics hubs in both directions. Industrial use benefits from the same highway corridor access while maintaining rural land cost structure. The unzoned classification means the property can accommodate owner-defined use without rezone delays that typically extend development timelines by 12-24 months in neighboring jurisdictions.
Location economics matter here. The property sits within 20 minutes of San Marcos employment centers and New Braunfels' manufacturing base, yet maintains rural land pricing. TX 130 access provides the infrastructure backbone that transforms raw acreage into development-ready property. Adjacent residential development signals that the corridor has already attracted initial population migration, a leading indicator of follow-on commercial and industrial investment.
For developers evaluating Central Texas markets, this Martindale holding offers the rare combination of prepared land, flexible zoning status, highway accessibility, and positioning between two expanding metropolitan areas. The 20 acres function equally well as a long-term land hold or immediate development site, depending on market timing and use strategy.
The numbers behind this insight
- Offered at
- $1,200,000
- Listed
- April 16, 2026
- Price changes
- Reduced, down 11.1% from $1,350,000
- Property Type
- Commercial Sale
- Year Built
- 1950
- Lot Size
- 20.00 acres
Listing information last updated October 1, 2026.
Listed by Texas Realty Partners, LLC
MLS# 6604142 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Exterior & Lot
- Lot Size
- 20.00 Acres
Financial
- Original List Price
- $1,350,000
Utilities
- Electricity Connected
- Water Available
- Water Connected
- Water Source
- Well
- Sewer
- Aerobic Septic
Transaction History
1 record on file
Every recorded listing, sale, and lease at 4921 SE River RD, whoever represented it.
- ActiveListed 2026Current price: $1,200,000Original list: $1,350,000MLS 6604142
- Listed · April 16, 2026$1,350,000
- Price changed · July 9, 2026$1,250,000
- Price changed · October 1, 2026$1,200,000
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
- $1,200,000
- Original list
- $1,350,000
- Price movement
- $150K reduction
- Listed / DOM
- Apr 16, 2026 · 183 days
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($240K)
Adjustable assumption - not a lending recommendation.
$1,200,000
Luxury property intelligence
Keenan Market Position
A sourced read on Martindale pricing, timing, and property scale. No automated valuation claim.
List price
$1,200,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
183 days
Original to current
$150K reduction
$1.4M 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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