
— bed, — bath on 98.62 acres in Lockhart. Lockhart, TX 78644. $3,900,000.
Rare multi-use 98-acre ranch and event property located on State Park Road just minutes from Lockhart and 30 minutes from Austin. The property features a massive covered pavilion approximately 257’ x 237’ that was originally built for bull riding and rodeo events, along with an attached 100’ x 100’ insulated building with plumbing that is ideal for concessions, offices, or event space. Improvements include two homes, a 40’ x 50’ storage building, five electric meters, one water meter, and three septic systems. The ranch is fully fenced and cross fenced with horse pasture, cattle areas, stock tanks, mature trees, ATV trails, hunting areas, and scenic views. A second entrance allows for event access, trailers, equipment, or the ability to separate business and residential use. This property offers potential for a rodeo arena, event venue, wedding venue, concert venue, corporate retreat, livestock operation, or private ranch, all in a prime location near Lockhart and within commuting distance to Austin.
The 98.622-acre ranch at 8519 State Park Road in Lockhart offers something increasingly rare in the Texas Hill Country: genuine privacy paired with serious operational flexibility. Located just minutes from downtown Lockhart and 30 minutes from Austin via State Park Road, this property sits far enough removed from traffic patterns to feel genuinely secluded, yet close enough to capitalize on the region's growing demand for event and hospitality spaces.
The estate's infrastructure tells the story of thoughtful, large-scale development. A 257-foot by 237-foot covered pavilion anchors the property, originally engineered for professional rodeo events. Adjacent to it stands a 100-foot by 100-foot insulated building equipped with plumbing, positioned to serve as concessions, offices, or additional event space. Two residences on the property provide flexibility for owner occupancy and staff or guest housing. A separate 40-foot by 50-foot storage building accommodates equipment. Five electric meters and three septic systems indicate the infrastructure was built to handle both residential and commercial operations simultaneously. A second entrance ensures event traffic and equipment movement remain completely separate from residential areas, a detail that matters significantly for anyone operating a working ranch or event venue.
The land itself is properly configured for livestock and recreation. Fully fenced with cross-fencing, the acreage includes established pasture areas, cattle zones, multiple stock tanks, and mature tree cover that provides natural screening and shade. ATV trails and designated hunting areas suggest the previous owners understood the value of land for multiple purposes. Scenic views across the property add appeal for anyone considering hospitality use.
This dual-purpose setup eliminates the typical compromise between privacy and income generation. An owner can maintain a completely private residential compound while operating an event venue, corporate retreat space, or agricultural business on the same property, with infrastructure designed to keep those uses entirely separate. The Lockhart location puts the property within the Lockhart Independent School District boundary, and the proximity to Austin makes it accessible for weekend events without requiring a second property. For buyers seeking substantial acreage near Austin with proven improvements and operational ready infrastructure, 8519 State Park Road represents straightforward utility dressed in privacy.
Verified property facts
8519 State Park RD is listed by Land Unlimited. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Oct 1, 2026.
This page does not assume a mortgage rate or publish a monthly payment for 8519 State Park RD. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Oct 1, 2026, 8519 State Park RD is offered at $3,900,000. The current MLS snapshot shows 112 active listings in 78644.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
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Every recorded listing, sale, and lease at 8519 State Park RD, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Listing timeline with current price, original ask, and market time.
20% ($780K)
Adjustable assumption - not a lending recommendation.
$3,900,000
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List price
$3,900,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
182 days
Original to current
$600K reduction
$4.5M original
Active inventory context
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Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 1, 2026.
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Car-Dependent
N/A
Somewhat Bikeable
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