For Sale House MLS# ACT3319015

5401 Airport Highway 21 Hwy

Maxwell, TX 78656

$3,485,000

Take the tour

About 5401 Airport Highway 21 Hwy

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
MLS type
Residential
Status
Active
Year built
2013
Stories
Two
Living area
3,144 sqft
Price / sqft
$1,108
Lot
25.85 AC / 1,126,026 SF
Full baths
2
Half baths
1
Original price
$3,485,000
MLS #
3319015

Interior

Features
Ceiling Fan(s), Ceiling-High, Soaking Tub, Walk-In Closet(s)
Appliances
Built-In Oven(s), Built-In Refrigerator, Dishwasher, Propane Cooktop, Refrigerator
Flooring
Concrete, Tile
Heating
Central
Cooling
Central Air
Fireplaces
1
Laundry
Laundry Room

Exterior & lot

Features
Rain Gutters
Roof
Metal
Foundation
Slab
Lot
Sloped Down, Trees-Medium (20 Ft - 40 Ft), Views
Patio & porch
Covered
Fence
Partial, Perimeter
View
Pasture
Parking
Covered, Garage
Garage spaces
2

Schools

District
SanMarcosCONSISD
Elementary
Travis
Middle
Goodnight
High
San Marcos

Utilities

Utilities
Electricity Connected, Propane, Sewer Not Available, Water Connected
Water
Public
Sewer
Septic Tank

Financial

Annual tax
$18,350
Tax year
2024
Parcel
PID - R11321, R163026, R70053
Legal
PID - R11321 - A0011 Thomas G Mcgehee Survey, Tract Pt Of 32, Acres 11.85 (1.00 Ac Hs) PID - R163026 - A0011 Thomas G Mcgehee Survey, Tract Pt 32, Acres 9.99 PID - R70053 - A0011 Thomas G Mcgehee Survey, Tract Pt Of 32, Acres 4.01
Special conditions
Standard

Location

Subdivision
Thomas G McGehee Surv
County
Hays
Directions
From San Marcos, take Hwy. 21 towards Bastrop, property is on left hand side before Yarrington Road.

Location

Neighborhood
Thomas G McGehee Surv

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Listed by Mitchell Classen, Classen Realty Group

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.