Active · MLS# 3319015

5401 Airport Highway 21 Hwy

Maxwell, TX, 78656

$3,485,000

4 Beds · 3 Baths · 3,144 SF · $1108/SF

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 Details

Property type

Single Family Residence

Living area

3,144 sq ft

Bedrooms

4

Bathrooms

2 full · 1 half

Year built

2013

Lot size

25.85 acres

Garage

2 spaces

Subdivision

Thomas G McGehee Surv

County

Hays

Annual taxes

$18,350

Schools

Elementary

Travis

Middle

Goodnight

High

San Marcos

Features

Interior

Ceiling Fan(s) · Ceiling-High · Soaking Tub · Walk-In Closet(s)

Exterior

Rain Gutters

Flooring

Concrete · Tile

Heating

Central

Cooling

Central Air

Views

Pasture

Listing courtesy of Mitchell Classen, Classen Realty Group. Information is provided by Unlock MLS (Austin Board of Realtors) and is deemed reliable but not guaranteed. Adrian Salas is not the listing agent for this property unless otherwise stated.