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B&C Storage offers a compelling investment blending stabilized income, private residential amenities, and strong redevelopment potential. Situated on ~25.85 acres along the expanding Highway 21 corridor in Maxwell, Texas, this mixed-use property is well positioned to benefit from Central Texas’ explosive growth.
The front 4 acres host a covered Boat & RV storage facility with 152 rentable units across three metal-framed structures totaling ~74,760 SF. Currently ~85% occupied, the facility features keypad-secured gate access and a 12’ x 16’ moveable office. Notably, the storage portion has been released from the City of San Marcos’ ETJ, offering greater flexibility for improvements or expansion. Investors can raise rents, lease remaining units, or convert to fully enclosed or climate-controlled storage.
Beyond the commercial area, the balance of the property includes a well-appointed owner’s residence and large workshop, privately located at the rear. Built in 2013, the custom 3,144 SF home offers 3 bedrooms, 2.5 baths, an office, stained concrete floors, and a metal roof—ideal for an owner-operator, onsite manager, or long-term live/work investment. A 40’ x 60’ metal workshop with slab and electricity sits adjacent to the residence, providing ample storage or business-use space.
Located just north of San Marcos Regional Airport, the property has ~500 feet of frontage along Hwy 21 and sits minutes from I-35, offering excellent access to San Marcos, Austin, and San Antonio. The submarket is rapidly developing, with several new subdivisions underway within 3 miles.
Whether you’re seeking reliable cash flow with land appreciation upside, a flexible redevelopment site, or a live/work opportunity, B&C Storage delivers a unique offering in one of Central Texas’ fastest-growing corridors.
Property Type
Residential
Year Built
2013
Lot Size
25.85 acres
$/Sq Ft
$1,108
Garage
10 spaces
Listed by Classen Realty Group
Verified property facts
5401 Airport Highway 21 is listed at $3,485,000 with 4 bedrooms, 2 full, 1 half bathrooms, 3,144 square feet, 25.85-acre lot.
5401 Airport Highway 21 is zoned for SanMarcosCONSISD with assigned schools: Travis (6/10) (elementary), Goodnight (6/10) (middle), San Marcos (6/10) (high). School assignments should be verified directly with the district.
5401 Airport Highway 21 is a Residential built in 2013 featuring 4 bedrooms, 2 full, 1 half bathrooms, 3,144 square feet, 25.85-acre lot.
5401 Airport Highway 21 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.
The most recent annual property tax for 5401 Airport Highway 21 is $18,350. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Listing timeline with current price, original ask, and market time.

SanMarcosCONSISD
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. Ratings from GreatSchools.org.
20% ($697K)
$3,485,000
Luxury property intelligence
A sourced read on Thomas G McGehee Surv pricing, timing, and property scale. No automated valuation claim.
List price
$3,485,000
Price per sqft
$1,108/sqft
Vs. Thomas G McGehee Surv median
Not available
Days on market
272 days
Original to current
No verified reduction
$3.5M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 1, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($697,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 5401 Airport Highway 21 is around $19,612 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $3,485,000, 5401 Airport Highway 21 is in the Thomas G McGehee Surv market where there are currently 94 active listings in 78656.
5401 Airport Highway 21 includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
5401 Airport Highway 21 sits on a 25.85-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 event on record
Current Price
$3,485,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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