5401 Airport Highway 21 Highway, Maxwell TX 78656
MLS #232209702 · Classen Realty Group · Mitchell Classen
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 details
- Property type
- Residential · SingleFamilyResidence
- Status
- Active
- Year built
- 2013
- Full baths
- 2
- Half baths
- 1
- Lot size
- 500 x 1720
- Subdivision
- Thomas G McGehee Surv
- MLS area
- HS
- MLS #
- 232209702
Features
Interior features
- Ceiling Fan(s)
- High Ceilings
- Soaking Tub
- Walk-In Closet(s)
Exterior features
- Gutters Partial
Additional details
- Parking
- Covered, Garage
- Garage spaces
- 2
- Roof
- Metal
- Foundation
- Slab
- Annual tax
- $18,349
Location
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Schools
Assigned schools per the MLS.
- School district
- SanMarcosCONSISD
- Elementary
- Travis
- Middle
- Goodnight
- High
- San Marcos
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Getting around
- Downtown Austin
- 25.2 mi
- Austin-Bergstrom Airport
- 22.5 mi
Straight-line distance, not drive time.
Market insights
Compared with 189 active homes in ZIP 78656 · HomeLocating listings
At $3,485,000, this home is priced 1227% above the $262,600 median across 189 active homes in ZIP 78656.
Estimated monthly payment
Home price
$3,485,000
Down payment
20% ($697,000)
Loan details
30-yr fixed, 6.50%
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Listing courtesy of Classen Realty Group · Mitchell Classen
Listing data last updated Oct 2, 2026, 11:46 PM
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