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$10,000,000
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Property Description
Welcome to Summers Mill Ranch - a once-in-a-generation opportunity to own one of Central Texas' most iconic riverfront estates. Spanning over 303 rolling acres and offering 1.8 miles of pristine frontage along both the Lampasas River and Salado Creek, this extraordinary property blends natural beauty, timeless elegance, and limitless potential. Located just outside Belton in the storied resort and equestrian community of Summers Mill, this ranch is ideal as a private luxury estate, a working cattle or equestrian operation, or a prime development opportunity. A gated entry leads to a nearly 6,000-square-foot custom home perched on a scenic hilltop, surrounded by century-old oaks and panoramic views of pastures, hay fields, and waterfront vistas. The residence was designed for both comfort and entertaining, with 3 bedrooms, 5 bathrooms, multiple living areas, a formal dining space, rich wood study, oversized craft room, and a resort-style pool overlooking the landscape. Every space has been thoughtfully planned to balance luxury with livability. The ranch is cross-fenced and features extensive road frontage along both FM 1123 and Hickerson Road, offering convenient access and exceptional land use flexibility with no city zoning. Whether your vision includes fly fishing along the riverbanks, horseback riding through open fields, or developing a legacy neighborhood tucked along the water's edge, Summers Mill Ranch delivers an unmatched combination of location, scale, and potential. Just minutes from historic Salado, 20 minutes to Temple, and under an hour to Austin, with easy drives to Dallas and Houston, this is a rare chance to secure a true Texas legacy property. Private showings by appointment only.
Full Property Details
Full Property Details for 6731 E Fm 1123
General
- Price: $10,000,000
- Taxes: (2024)
- Status: Active
- Type: Farm Single-Family
- Source: Austin_MLS
- MLS ID: 2886445
- Updated: 3/16/2026
- Added to Site: 284 day(s) ago
Interior
- Interior Features: Breakfast Bar, Bookcases, Built-in Features, Cedar Closet(s), Ceiling Fan(s), Crown Molding, Coffered Ceiling(s), Separate/Formal Dining Room, Granite Counters, High Ceilings, High Speed Internet, Kitchen Island, Multiple Living Areas, Multiple Dining Areas, Main Level Primary, Multiple Primary Suites, Multiple Closets, Open Floorplan, Pantry, Recessed Lighting, Storage
- Fireplace: Yes
- Number of Fireplaces: 2
- Fireplace(s): Family Room, Library
- Appliances: Built-In Electric Oven, Cooktop, Double Oven, Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Disposal, Ice Maker, Microwave, Warming Drawer, Wine Refrigerator
- Flooring: Brick, Carpet, Marble, Wood
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 4
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main: 3
Other Rooms
- Laundry: Main Level, Laundry Room, Washer Hookup, Electric Dryer Hookup
Additional Information
- Shared Amenities: See Remarks
- Pool: Yes
- Private Pool: Yes
- Pool Description: Fenced, In Ground, Outdoor Pool
- Security/Safety: Security System Owned, Smoke Detector(s)
Exterior
- Exterior Features: Lighting, Private Entrance, Private Yard, Rain Gutters
- Porch/Patio/Deck: Covered, Front Porch, Patio, Porch
Parking
- Garage: Yes
- Carports: Yes
- Parking Features: Additional Parking, Attached, Covered, Carport, Detached Carport, Driveway, Garage, Golf Cart Garage, Kitchen Level, Private, Garage Faces Side, Storage, Workshop in Garage
Location
- Area: BT
- County: Bell
- Subdivision: Summer's Mill
- Driving Directions: From IH35 take exit 292 toward SH-121 Loop. Turn Right onto SH-121 Loop. Turn Right onto E Holland Road. Turn Right onto FM-1123. Destination is 3.2 miles on the left.
- Direction Faces: West
School Information
- Elem School District: Belton ISD
- Midd School District: Belton ISD
- High School District: Belton ISD
- Elementary School: Miller Heights
- Middle School: Lake Belton
- High School: Belton
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric, Multi Units
- Heating Type: Central, Electric, Fireplace(s), Hot Water, Propane
Utilities
- Sewer: Septic Tank
- Water: See Remarks, Well
- Well: Yes
- Utility Description: Electricity Available, Electricity Connected, Propane, Phone Available, Water Available, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: Brick, Glass, Concrete, Wood Siding
- Roof: Asphalt, Shingle
- Windows: Blinds, Bay Window(s), Drapes, Garden Window(s), Screens, Window Coverings, Window Treatments
- Stories/Levels: 1
- Square Feet: 5,580
- Sq. Ft. Source: Public Records
- Living Area: 5,580 Sq. Ft.
- Year Built: 1990
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: Corral(s), Garage(s), Greenhouse, Guest House Attached, Shed(s), Storage, Workshop
Lot Features
- Property View: City, Hills, Panoramic, Pasture, Water
- Lot Size (Acres): 303.545
- Lot Size (Sq. Ft.): 13,222,420.2
- Fence: Yes
- Lot Features: Cleared, Front Yard, Gentle Sloping, Sprinklers In Rear, Sprinklers In Front, Landscaped, Native Plants, Private, Sprinklers Automatic, Sprinklers In Ground, Sprinklers On Side, Trees Large Size, Trees Medium Siz
- Fencing (Description): Barbed Wire, Back Yard, Fenced, Full, Front Yard, Gate, Invisible, Livestock, Perimeter
Horse Property
- Horse Property: Yes
- Horse Facility Desc.: See Remarks
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Name: Lampasas River
- Water Front Desc.: Creek, River Front
Green Features
- Energy Efficient: See Remarks
Financial Considerations
- Assessment Amount: $2,147,650
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Aerial, Deed Restriction, Survey
- Legal Description: BEING A 303.545 ACRE TRACT OF LAND IN THE ANTONIO MENCHACA SURVEY, ABSTACT NO. 12, BELL COUNTY, TEXAS
- Disclosures/Reports: Seller Disclosure
- Property ID: 6731 Fm 1123 Belton, TX 76534
- Block: 7
- Lot Number: See legal description
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Schools
Schools serving 6731 E Fm 1123
School District:Belton Independent School District
| Name | Grades | Distance |
|---|---|---|
Miller Heights Elementary School 1110 Fairway Drive, Belton, TX 76513 | K-5 | 4.7 mi |
Belton Middle 1704 Sparta Road, Belton, TX 76513 | 6-8 | 7.5 mi |
Belton High School 600 Lake Road, Belton, TX 76513 | 9-12 | 7.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 6731 E Fm 1123
Date
Details
Price
Change
Source
7/04/2025
Listed
$10,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 6731 E Fm 1123
Year
Property Taxes
Change
Tax Assessment
Change
2024
$49
26%
$7,598
106%
2023
$39
—
$3,680
-97%
2023
$39
18%
$108,987
27%
2022
$33
-6%
$86,054
8%
2021
$35
-42%
$79,560
2062%
2020
$60
-62%
$3,680
-57%
2018
$160
-4%
$8,652
-2%
2017
$166
9%
$8,791
-2%
2016
$152
49%
$8,931
51%
2015
$102
1%
$5,927
6%
2019
$101
2%
$5,589
-3%
2014
$99
14%
$5,788
14%
2013
$87
—
$5,092
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 6731 E Fm 1123
This property is listed by Ellen Burns from our Westlake Office.Want to learn more about 6731 E Fm 1123? Do you have questions about finding other Farm Single-Family real estate for sale in Belton? You can browse all Belton real estate or contact a Coldwell Banker agent to request more information.


