
98-Acre Turnkey Event & Ranch Property Near Lockhart
98-Acre Turnkey Event & Ranch Property Near Lockhart – Arena, Homes, Income Potential
Marketing description
This 98-acre multi-use property on State Park Road near Lockhart presents a rare opportunity to acquire a fully improved asset capable of supporting event, entertainment, agricultural, and residential uses—all within approximately 30 minutes of Austin.
The property is anchored by a massive covered arena measuring approximately 257’ x 237’, originally constructed for bull riding and rodeo events. This large-scale structure provides immediate functionality for events, competitions, or commercial entertainment use and would be extremely costly to replicate. Attached is a 100’ x 100’ insulated building with plumbing already in place, offering flexibility for concessions, office space, storage, or conversion into enclosed event or hospitality use.
Additional improvements include two homes, a 40’ x 50’ storage building, multiple barns, five electric meters, one water meter, and three septic systems, allowing for a variety of operational configurations including owner-user, event operations, or multi-use occupancy.
The land is fully fenced and cross fenced with established pasture for livestock, stock tanks, wooded areas, ATV trails, and hunting potential. A secondary entrance from a separate road provides efficient access for event traffic, trailers, and equipment, while also allowing for separation between business operations and private residential use.
With significant infrastructure already in place and a location in the path of growth near Lockhart and the Austin MSA, this property is well suited for an event venue, rodeo arena, wedding or concert venue, corporate retreat, equestrian facility, livestock operation, or long-term land investment.
This is a unique opportunity to acquire a versatile, income-capable property with both immediate usability and long-term upside in one of Central Texas’ fastest-growing regions.
Investment highlights
- 98 acres with scenic views, mature trees, and functional land layout
- Massive covered arena (~257’ x 237’) built for rodeo and large-scale events
- 100’ x 100’ insulated building with plumbing (ideal for event, office, or hospitality use)
- Two homes on-site for residential or operational use
- 40’ x 50’ storage building + multiple barns and livestock improvements
- Five electric meters, one water meter, and three septic systems already in place
- Fully fenced and cross fenced with pasture, stock tanks, and wooded areas
- ATV trails, hunting potential, and recreational use throughout
- Secondary entrance for event traffic, trailers, or equipment access
Listing Contacts

Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?


































































