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$5,225,000 Sale Pending
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Property Description
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.
Full Property Details
Full Property Details for 11915 FM86
General
- Price: $5,225,000
- Status: Pending
- Type: Farms/Ranches
- Source: Central_Texas_MLS
- MLS ID: 596203
- Updated: 12/15/2025
- Added to Site: 83 day(s) ago
Interior
- Number of Rooms: 1
- Interior Features: Eat-in Kitchen, Kitchen Island, Kitchen/Family Room Combo, Kitchen/Dining Combo
- Fireplace: Yes
- Fireplace(s): Living Room
- Appliances: Dishwasher, Oven, Refrigerator, Built-In Oven, Microwave
- Flooring: Wood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Main Level, Lower Level, Laundry Room
Exterior
- Exterior Features: Deck, Patio
- Porch/Patio/Deck: Deck, Patio
Location
- County: Caldwell
- Driving Directions: From Lockhart take FM 713 to McMahan. Turn right onto FM 86. Gate is on FM 86.
School Information
- Elem School District: Lockhart ISD
- Midd School District: Lockhart ISD
- High School District: Lockhart ISD
- Elementary School: Bluebonnet Elementary
- Middle School: Lockhart Junior High School
- High School: Lockhart High School
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Water: Community/Coop
- Utility Description: Electricity Available
Structural Information
- Architectural Style: A-Frame, Ranch, Barndominium
- Construction: Stone Veneer, Wood Siding
- Roof: Metal
- Stories/Levels: 1
- Square Feet: 4,118
- Sq. Ft. Source: Appraiser
- Living Area: 4,118 Sq. Ft.
- Year Built: 1925
- Year Built Source: Assessor
- Property Condition: Resale
Additional Structures
- Other Structures: Guest House, Barn(s)
Lot Features
- Property View: Pond
- Lot Size (Acres): 418.96
- Trees/Vegetation: Partially Wooded
- Fencing (Description): Partial
Horse Property
- Horse Property: Yes
Water Features
- Water Front: Yes
- Water Front Name: Pond/Stock Tank
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Documents Avail.: Survey
- Legal Description: A252 RANDLE, BARNETT, ACRES 277.75, A026 TINNEY, A256 RIDENS
- Disclosures/Rstr.: Agricultural Exemption
Listed by Land Unlimited
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Schools
Schools serving 11915 FM86
School District:Lockhart Independent School District
| Name | Grades | Distance |
|---|---|---|
Plum Creek Elementary School 710 Flores Street, Lockhart, TX 78644 | K-5 | 8.1 mi |
Clear Fork Elementary School 1102 Clear Fork Street, Lockhart, TX 78644 | K-5 | 8.5 mi |
Navarro Elementary School, Lockhart, TX 715 North Medina Street, Lockhart, TX 78644 | K-5 | 8.9 mi |
Lockhart J High School 500 City Line Road, Lockhart, TX 78644 | 6-8 | 9.6 mi |
Lockhart High School 1 Lion Country Dr, Lockhart, TX 78644 | 9-12 | 8.2 mi |
Bluebonnet Elementary School, Lockhart, TX 211 South Mockingbird Lane, Lockhart, TX 78644 | K-5 | 9.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 11915 FM86
Date
Details
Price
Change
Source
10/26/2025
Listed
$5,225,000
—
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 11915 FM86
Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,675
—
$550,630
-3%
2023
$8,659
—
$569,400
-4%
2023
$8,659
-2%
$594,940
15%
2022
$8,810
—
$515,940
—
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 11915 FM86
11915 Fm 86, Lockhart, TX 78644 (MLS# 596203) is a Farms/Ranches property with 2 bedrooms and 3 full bathrooms. 11915 Fm 86 is currently listed for $5,225,000 and was received on October 26, 2025. Want to learn more about 11915 Fm 86? Do you have questions about finding other Farms/Ranches real estate for sale in Lockhart? You can browse all Lockhart real estate or contact a Coldwell Banker agent to request more information.

