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8519 State Park Rd - Event Space or Rodeo Arena 98.62 Acres of Commercial Land Offered at $4,500,000 in Lockhart, TX 78644
Investment Highlights
- Event space with 31,500 sq ft covered pavilion
- Multiple structures for income producing
- Outside city limits / No Zoning
- Buy and Hold Investment or Immediate Development
Executive Summary
Multi-use property located on State Park Road near Lockhart offering a rare opportunity to acquire an event, entertainment, and agricultural asset within approximately 30 minutes of Austin. Positioned in the path of growth, the property combines income-producing potential with long-term land investment value.
The centerpiece of the property is a covered pavilion measuring approximately 31,500 sqft (257’ x 237’), originally constructed for bull riding and rodeo events, providing substantial capacity for large-scale gatherings, competitions, or commercial event use. Attached is a 100’ x 100’ insulated building with plumbing in place, suitable for concessions, office space, storage, or conversion to enclosed event or hospitality use.
Improvements include two residential homes, a 40’ x 50’ storage building, multiple barns, five electric meters, one water meter, and three septic systems, allowing for flexible operations and potential multi-tenant or multi-use configurations. The property is fully fenced and cross fenced with established pasture for livestock, stock tanks, wooded areas, ATV trails, and hunting potential.
A secondary access point from a separate road provides efficient ingress and egress for event traffic, trailers, and equipment, and allows for separation between commercial operations and private residential use.
This property is well-suited for a variety of uses including an event venue, rodeo arena, wedding or concert venue, corporate retreat, equestrian facility, livestock operation, or private ranch. With significant existing infrastructure and a strategic location near Lockhart and the greater Austin market, this offering presents a unique opportunity for investors, operators, or end users seeking a versatile, income-capable asset.
The centerpiece of the property is a covered pavilion measuring approximately 31,500 sqft (257’ x 237’), originally constructed for bull riding and rodeo events, providing substantial capacity for large-scale gatherings, competitions, or commercial event use. Attached is a 100’ x 100’ insulated building with plumbing in place, suitable for concessions, office space, storage, or conversion to enclosed event or hospitality use.
Improvements include two residential homes, a 40’ x 50’ storage building, multiple barns, five electric meters, one water meter, and three septic systems, allowing for flexible operations and potential multi-tenant or multi-use configurations. The property is fully fenced and cross fenced with established pasture for livestock, stock tanks, wooded areas, ATV trails, and hunting potential.
A secondary access point from a separate road provides efficient ingress and egress for event traffic, trailers, and equipment, and allows for separation between commercial operations and private residential use.
This property is well-suited for a variety of uses including an event venue, rodeo arena, wedding or concert venue, corporate retreat, equestrian facility, livestock operation, or private ranch. With significant existing infrastructure and a strategic location near Lockhart and the greater Austin market, this offering presents a unique opportunity for investors, operators, or end users seeking a versatile, income-capable asset.
Property Facts
| Price | $4,500,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 98.62 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | N/A - none | ||
| Price | $4,500,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 98.62 AC |
| Opportunity Zone |
Yes |
| Zoning | N/A - none |
1 Lot Available
Lot
| Price | $4,500,000 | Lot Size | 98.62 AC |
| Price Per AC | $45,629.69 |
| Price | $4,500,000 |
| Price Per AC | $45,629.69 |
| Lot Size | 98.62 AC |
A066 CHURCHILL, ANDREW, ACRES 98.622
1 1
Exceptionally drivable
100/100
Somewhat bikeable
20/100
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8519 State Park Rd - Event Space or Rodeo Arena
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