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Maxwell · Thomas G McGehee Surv

$3,485,000 248 days on market

5401 Airport Highway 21 Hwy, Maxwell, TX 78656

  • 4bedrooms
  • 2.5bathrooms
  • 3,144sqft
  • 25.9acres
  • 2013year built

About this home

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

Type
Single Family Residence
Levels
Two
Year built
2013
Lot size
25.85 acres
Subdivision
Thomas G McGehee Surv
MLS #
ACT3319015

Inside

Bedrooms
4
Bathrooms
2.5
Living area
3,144 sqft
Fireplaces
1

Outside / parking

Garage spaces
2

Schools

Elementary
Travis
High school
San Marcos
District
San Marcos CISD

Costs

Est. annual taxes
$18,350 (2024)

Listing

First listed
Sep 2, 2025
Days listed
248
Status
Active

Listed by Mitchell Classen, Classen Realty Group · [email protected] · MLS# ACT3319015 · Active

Estimate your monthly payment

Loan

Down payment
%
0%10%20%30%40%50%
Loan term
Interest rate (%)
3%5%7%9%

Yearly costs

Monthly payment

$0

Total monthly

Principal & interest
$0
Property tax
$0
Insurance
$0
HOA
$0
Loan amount
$0

Estimate only. Tax / insurance defaults are typical Texas figures; your actual numbers will vary. Talk with a lender for a real quote — I can refer you to one I trust.

Where this home sits

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