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State Highway 130 now stretches all the way from I-10, near Seguin, to Georgetown. The last leg connects Austin to San Antonio.

State and local leaders, including Gov. Rick Perry, were at the ribbon cutting for that 41 mile extension.

"Thanks to Highway 130, traffic flowing north and south along one of America's most important trade corridors is going to have another option," Gov. Rick Perry said.

The speed limit on the toll road is 85 miles per hour, near Lockhart, the fastest speed limit in the Western Hemisphere.

For Lockhart the roadway means new opportunities to bring business and development to the community.

"Commercial, industrial, residential project platted and in the planning process and we're still working with other developers on the road," Lockhart’s Mayor Lew White said.

Caldwell County Commissioner Joe Roland has been following the development of the road since he became a commissioner close to 20 years ago. He says he's excited for the potential the highway brings with it, but he's disappointed that the speed limit on the non-tolled lanes has been lowered.

"I think it's a ploy just to get us to get on 130 rather than drive 183 because the speed limit, there's such a difference in it, you know from 85 to 55 it's a 30 mile difference," Roland said.

Both Lockhart and Caldwell County have passed resolutions asking TxDOT to raise the speed limit.

"65 mph speed limit makes much more sense for our commuters," Mayor White said.

TxDOT says the 55 mile per hour speed limit could be changed, but it will take time to examine the issue first.

"This is brand-new, we're learning in this process of how the road is going to operate, in a few months will come back and do another speed study," TxDOT Exec. Dir. Phil Wilson said.

From now until Nov. 11, the road will be free to use. After that, it's 15 cents per mile for TxTag users.