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Status: Active

5401 Airport Highway 21 
Maxwell, TX 78656

$3,485,000

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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.
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Bedrooms
4
Baths
2.5
House Size
3,144 sqft
Year Built
2013
Lot Size
25.85 ac
School District
San Marcos CISD

Location

Market Insights

In the last 30 days, homes for sale in 78666, San Marcos, TX were on the market for a median of 59.5 days and 6.52% of homes sold above list price.

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Interior Information

appliances
Oven
Built-in Refrigerator
Dishwasher
Propane Cooktop
Refrigerator
cooling
Ceiling Fan(s)
Central Air
features
Ceiling Fan(s)
High Ceilings
Soaking Tub
Walk-in Closet(s)
fireplace
Free Standing
flooring
Concrete
Tile
heating
Central
laundry features
Laundry Room
view
Pasture

Exterior Information

features
Rain Gutters
fence
Partial
Perimeter
patio and porch
Covered
pool
None
roof
Metal

Property Information

community
None
construction
Frame
Hardiplank Type
Stone
foundation
Slab
lot
Sloped Down
Views
other structures
Barn(s)
Outbuilding
Rv/boat Storage
Storage
parking
Covered
Garage
security features
See Remarks
sewer
Septic Tank
subdivision name
Thomas G Mcgehee Surv
utilities
Electricity Connected
Propane
Sewer Not Available
Water Connected
water source
Public
  • Listed By Mitchell Classen
  • (512) 402-5263
  • Classen Realty Group
  • (512) 402-5263
  • MITCHELL@CLASSENREALTYGROUP.COM
  • MLS 3319015

Monthly Payments Calculator

Estimated Monthly Cost

$21,566

30 year fixed·6.9% interest rate
Principal & Interest
$18,362
Property Taxes
$2,904
Home Insurance
$300
HOA Fees
$0
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*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.
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