$379,000
↑ $29K (8.3%)
●
Land -
For Sale
Lot 2 Bugtussle LN
Luling, TX 78648
Studio
0 Bath
$2,469
Est. Monthly
About This Property
This property includes 15.81 acres along Bugtussle Lane with NO
ZONING, providing an ideal setting for future homes.
The site also captures beautiful long-range views and stunning sunsets, setting the scene for a serene custom residence. A new, water producing well was recently installed. As an added benefit, the seller offers Architectural and Construction Services – Design Build, providing a seamless start-to-finish experience.
Located in a highly accessible area just 10 miles to Highway 130 and downtown Lockhart, 8.5 miles to Lockhart State Park, 7 miles to the 130 Frontage Rd, 36 miles to the Austin airport, 33 miles to Circuit of the Americas, and 38 miles to the Tesla factory and offices.
The site also captures beautiful long-range views and stunning sunsets, setting the scene for a serene custom residence. A new, water producing well was recently installed. As an added benefit, the seller offers Architectural and Construction Services – Design Build, providing a seamless start-to-finish experience.
Located in a highly accessible area just 10 miles to Highway 130 and downtown Lockhart, 8.5 miles to Lockhart State Park, 7 miles to the 130 Frontage Rd, 36 miles to the Austin airport, 33 miles to Circuit of the Americas, and 38 miles to the Tesla factory and offices.
Unit Size
-
Days on Market
-
Land Size
15.81 acres
Price per sqft
-
Property Type
Land
Property Taxes
$608
HOA Dues
-
Year Built
-
Listed By
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 months ago (Unlock MLS #ACT2558394)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 8, 2026 | Price Increased |
$379,000
↑ $29K
(8.3%) | |
| Price Increased | |||
| May 2, 2026 | Price Decreased |
$349,999
↓ $30K
(7.9%) | |
| Price Decreased | |||
| Apr 8, 2026 | Price Decreased |
$380,000
↓ $15K
(3.8%) | |
| Price Decreased | |||
| Jan 9, 2026 | Price Decreased |
$395,000
↓ $5K
(1.3%) | |
| Price Decreased | |||
| Dec 15, 2025 | Listed by Watters International Realty | $399,999 | |
| Listed by Watters International Realty | |||
Property Highlights
Exterior Details
Waterfront Features: Dry/Seasonal
Other Structures: See Remarks
Lot Features: Agricultural, Farm
Lot Size Area: 688683.6
Lot Size Units: Square Feet
Lot Size Acres: 15.81
Lot Size Square Feet: 688683.6
Water Source: Well
Financial Details
Tax Map Number: 2, 3, 4
Tax Assessed Value: $491,410
Tax Annual Amount: $7,295
Utilities Details
Sewer : Septic Needed
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Caldwell
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Chris Watters
Listed Office: Watters International Realty - Listing courtesy of Unlock MLS
Phone: (512) 646-0038
Last Updated: 2026-08-08 04:02:53
Data Source: Unlock MLS, MLS# ACT2558394
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Watters International Realty - Listing courtesy of Unlock MLS
Phone: (512) 646-0038
Last Updated: 2026-08-08 04:02:53
Data Source: Unlock MLS, MLS# ACT2558394
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017