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The property benefits from existing utility infrastructure including water service through Martindale Water Supply Corporation with water line and meter already in place, along with onsite power serviced by Bluebonnet Electric Cooperative.      The landscape offers a balanced mix of open grazing areas, mature hardwoods, native brush, and tall grasses that create both visual appeal and practical usability. A large approximately 2-acre pond, along with multiple additional ponds throughout the property, enhances aesthetics, livestock functionality, and long-term recreational value while contributing to attractive homesite placement opportunities across the ranch.      Existing improvements add immediate functionality and reduce the effort required to begin using or planning the property. A rustic-style residence with covered outdoor living areas provides a comfortable ranch headquarters or interim occupancy, while the accompanying barn-style structure offers flexible utility for equipment storage, workshop space, operational use, or adaptive future conversion. Additional livestock improvements support current agricultural operations and reinforce the property's cattle-ready status.      Currently benefiting from agricultural exemption for extremely low annual carrying costs, the ranch offers an attractive holding profile while preserving future flexibility. Abundant wildlife, numerous potential homesites, existing infrastructure, and strategic location position this property as a compelling opportunity for investment, development consideration, recreational ownership, or long-term land appreciation.      Conveniently located approximately 8 +/- miles from Lockhart and Highway 183, 25 +/- miles from San Marcos, and within approximately 55 +/- miles of both Austin and San Antonio, this property sits within reach of some of Central Texas strongest continuing growth markets.      167 +/- Acres in Caldwell County      Developer or subdivision / investment potential      County road frontage with multiple entry points      Private gated entrance driveway      Water line and meter in place serviced by Martindale WSC      Power onsite serviced by Bluebonnet Electric Coop      Ag exempt for extremely low annual tax rates      Large 2 acre pond      Multiple ponds      House      Barndo      Livestock barn      Large oak trees and brush with tall grasses      Cattle ready      Wildlife abundant      Numerous homesite potential      8 +/- miles from Lockhart and HWY 183      25 +/- miles from San Marcos      55 +/- miles from Austin & San Antonio","price":6346000,"propertyName":"5501 Old Colony Line Rd, LOCKHART, TX 78644","list_office_name":"Coldwell Banker D'Ann Harper","originating_system_name":"LERA","photo_urls":["https://digett.io/mls/1/1999632/565C78C3975858D5E063DD01110ADF4C.jpg","https://digett.io/mls/1/1999632/565C78C3975958D5E063DD01110ADF4C.jpg","https://digett.io/mls/1/1999632/565C78C3975A58D5E063DD01110ADF4C.jpg","https://digett.io/mls/1/1999632/565C78C3975B58D5E063DD01110ADF4C.jpg","https://digett.io/mls/1/1999632/565C78C3975C58D5E063DD01110ADF4C.jpg","https://digett.io/mls/1/1999632/565C78C3975D58D5E063DD01110ADF4C.jpg","https://digett.io/mls/1/1999632/565C78C3975E58D5E063DD01110ADF4C.jpg","https://digett.io/mls/1/1999632/565C78C3975F58D5E063DD01110ADF4C.jpg","https://digett.io/mls/1/1999632/565C78C3976058D5E063DD01110ADF4C.jpg","https://digett.io/mls/1/1999632/565C78C3976158D5E063DD01110ADF4C.jpg","https://digett.io/mls/1/1999632/565C78C3976258D5E063DD01110ADF4C.jpg","https://digett.io/mls/1/1999632/565C78C3976358D5E063DD01110ADF4C.jpg","https://digett.io/mls/1/1999632/565C78C3976458D5E063DD01110ADF4C.jpg","https://digett.io/mls/1/1999632/565C78C3976558D5E063DD01110ADF4C.jpg","https://digett.io/mls/1/1999632/565C78C3976658D5E063DD01110ADF4C.jpg","https://digett.io/mls/1/1999632/565C78C3976758D5E063DD01110ADF4C.jpg","https://digett.io/mls/1/1999632/565C78C3976858D5E063DD01110ADF4C.jpg","https://digett.io/mls/1/1999632/565C78C3976958D5E063DD01110ADF4C.jpg","https://digett.io/mls/1/1999632/565C78C3976A58D5E063DD01110ADF4C.jpg","https://digett.io/mls/1/1999632/565C78C3976B58D5E063DD01110ADF4C.jpg","https://digett.io/mls/1/1999632/565C78C3976C58D5E063DD01110ADF4C.jpg","https://digett.io/mls/1/1999632/565C78C3976D58D5E063DD01110ADF4C.jpg","https://digett.io/mls/1/1999632/565C78C3976E58D5E063DD01110ADF4C.jpg","https://digett.io/mls/1/1999632/565C78C3976F58D5E063DD01110ADF4C.jpg","https://digett.io/mls/1/1999632/565C78C3977058D5E063DD01110ADF4C.jpg","https://digett.io/mls/1/1999632/565C78C3977158D5E063DD01110ADF4C.jpg","https://digett.io/mls/1/1999632/565C78C3977258D5E063DD01110ADF4C.jpg","https://digett.io/mls/1/1999632/565C78C3977358D5E063DD01110ADF4C.jpg","https://digett.io/mls/1/1999632/565C78C3977458D5E063DD01110ADF4C.jpg","https://digett.io/mls/1/1999632/565C78C3977558D5E063DD01110ADF4C.jpg","https://digett.io/mls/1/1999632/565C78C3977658D5E063DD01110ADF4C.jpg","https://digett.io/mls/1/1999632/565C78C3977758D5E063DD01110ADF4C.jpg"],"primary_photo_url":"https://digett.io/mls/1/1999632/565C78C3975858D5E063DD01110ADF4C.jpg","status":"ACTIVE","realStatus":null,"feed":"none"},"ourproperty":null,"blockFragment":{"_rawEntities":[]},"disclaimer":{"nodes":[{"blockId":"disclaimer","_rawBlockcontent":[{"_key":"24b12e953ebd","_type":"block","children":[{"_key":"7bb2a6eacf640","_type":"span","marks":[],"text":"All information provided is deemed reliable, but is not guaranteed and should be independently verified.\n\nReal Estate buyers are hereby notified that real properties and its rights and amenities in the State of Texas are subject to many forces and impacts whether natural, those caused by man, or otherwise; including, but not limited to, drought or other weather related events, disease (e.g. Oak Wilt or Anthrax), invasive species, illegal trespassing, previous owner actions, neighbor actions and government actions. Prospective buyers of Texas real estate should investigate any concerns regarding a specific real property to their satisfaction.\n\nBuyer’s brokers must be identified on first contact, and must accompany buying prospect on first showing to be allowed full fee participation. If this condition is not met, fee participation will be at the sole discretion of Simpson Ranches & Land, LLC, Broker.\n\nSimpson Ranches & Land, LLC reserves the right to require any or all interested buyer(s) of a particular property to provide proof of financial ability to purchase said property prior to the initial showing or any subsequent showing of the property. 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