435 Placid LN
About This Property
Just 15 minutes from Lockhart and 10 minutes from TX-130, Placid Ranch offers a rare turnkey Hill Country retreat combining privacy, recreation, and convenience. The 140± acre ranch is under a wildlife exemption and features two residences, three stocked ponds, productive hay fields, mature hardwoods, and 100% of the owned mineral rights.
Perched atop one of the ranch's highest points, the 3,519± SF main residence showcases sweeping views across the rolling landscape. Reclaimed longleaf pine flooring, travertine tile, exposed timber beams, custom cabinetry, and granite countertops create a timeless yet comfortable setting. The wraparound porch provides an ideal place to enjoy the views, ponds, and pastures. A detached three-car garage includes a finished bonus room ready for a home office, gym, studio, or guest space.
A beautifully restored 1900s farmhouse adds 1,583± SF with three bedrooms, two bathrooms, and a detached two-car garage. Ideal for guests, family, a ranch manager, or a short-term rental, the farmhouse adds versatility and character.
Outside, open hay fields transition into wooded cover providing excellent habitat for whitetail deer, dove, ducks, and hogs. Three stocked ponds offer fishing opportunities while adding to the ranch's natural beauty. Two barns provide ample space for equipment, livestock, and recreational storage.
Both residences are serviced by Goforth SUD water, with a 28,000-gallon rainwater collection system supplementing the main home. The wildlife exemption helps maintain favorable property taxes, while the conveyance of 100% of the owned mineral rights adds significant value.
With Lockhart just 15 minutes away, TX-130 10 minutes, San Marcos 27 minutes, and Austin-Bergstrom International Airport approximately 30 minutes, Placid Ranch delivers the privacy and character of a true Central Texas ranch without sacrificing accessibility.
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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%.
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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.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 21, 2026 | In contract | - | |
| In contract | |||
| Aug 12, 2026 | Listed by Keller Williams Brazos West | $2,800,000 | |
| Listed by Keller Williams Brazos West | |||
| Sep 2, 2023 | No longer available | - | |
| No longer available | |||
| Apr 11, 2023 | Price Decreased |
$3,850,000
↓ $450K
(10.5%) | |
| Price Decreased | |||
| Mar 6, 2023 | Listed by Mossy Oak Properties of Texas | $4,300,000 | |
| Listed by Mossy Oak Properties of Texas | |||
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Hidden in the coveted hills of Caldwell County is Placid Farm, a 140-acre +/- Gentleman's Ranch. This property checks all the boxes, ranging from a beautiful custom-built home, to hunting, fishing, and recreation. The main home is 3519 sf of living area and includes 3 bedrooms, 2.5 baths, with an oversized 3 car detached garage. The interior floors are reclaimed long leaf pine, and travertine tile. The ceiling framing supports are reclaimed timber. The custom-built cabinets have granite countertops with the exterior of the home finished in San Saba rock. The wrap around back porch provides for a panoramic view of the lower hay meadows and wildlife. There is even a 1900's farmhouse on the property which has 1583 sf of living area, 3 bedrooms, 2 baths, and a detached 2 car garage. Wildlife includes whitetail deer, ducks, dove, hogs, and small varmints. To satisfy the new owners fishing urge, there are 4 ponds on the property. One of which is heavily stocked with bass. Public water service to both of the homes is provided by Goforth SUD, however, most of the water used by the main home is supplied by a 20,000-gallon rainwater collection system. In addition to hunting and fishing, this property is perfect for a small cattle operation or a horse enthusiast. There are two useable barns on the property and a non-functional windmill. An unheard of aspect in todays market, is 100% of the mineral estate for this property will convey to the new owner. The manager has listed the unit size as 3519 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017