11915 FM 86, Lockhart TX 78644

Lockhart, TX 78644 | N/A

Ed's Opinion of Value

$303,629 Ed's Estimate: $836,800 $836,800
Lowest Comp Recommended List: $820,000 to $854,000 Highest Comp

Listing History

$5,225,000 List Price
$392,181 Comp Value
0 Price Reductions

This property was listed at $5,225,000 and withdrawn after 50 days on market. This listing activity factors into the valuation.

Based on 5 closed sales in 78644, the data points to a value around $836,800 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $820,000 to $854,000. Relative to what's currently available in 78644, this home would be no active comparable homes on the market. The larger floor plan (2,735 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 1925 (76 years older than comps) is factored into the value estimate. This estimate draws on 5 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus
0 Beds
5 Baths 5 Full
4,118 Sq Ft
418.96 Acres
1925 Built
1 Garage

About This Property

Over 418 acres in Lockhart offering a rare mix of investment potential, ranch functionality, and natural beauty. The land is approximately 65% open pasture and 35% wooded with mature live oak and pecan trees, four stocked ponds, and a wet-weather creek. Improvements include a 1,831 SF main home originally from Austin that was expanded in 2008, a 1,200 SF 1930s cottage from Elgin, a 1,368 SF foreman’s home, and a metal barn with cattle pens. Public water, electricity, and an agricultural exemption are in place, keeping holding costs low while maintaining full usability. With frontage on FM 713, Fox Lane, and FM 86, the property provides excellent access and visibility for future development or continued ranch use. Located outside any city limits and unzoned, it offers flexibility for ranching, recreation, or long-term investment—just 30 miles south of Austin, 15 miles east of San Marcos, and 30 miles west of Bastrop.

Location

Schools

School District Lockhart ISD
Middle School Lockhart
High School Lockhart

Property Details

Property Type Land
Exterior None
County Caldwell
MLS # 1028637
Garage 1 spaces

Tax Information

Annual Taxes (MLS) $8,813 (2025)

Listing History

MLS# 9354484 54 days
Mar 2, 2026 Off Market
Dec 15, 2025 Pending
Oct 22, 2025 Listed $5,225,000

Frequently Asked Questions About 11915 FM 86, Lockhart TX 78644

When was 11915 FM 86, Lockhart TX 78644 built?

11915 FM 86, Lockhart TX 78644 was built in 1925.

How much does 11915 FM 86, Lockhart TX 78644 cost?

11915 FM 86, Lockhart TX 78644 is currently off market.

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