
A rare opportunity to own a private greenbelt retreat with direct access to over 300 acres of Walnut Creek trails, all while enjoying the convenience of North/Central Austin living. Nestled on a quiet lot backing directly to Walnut Creek Park, this beautiful 4-bedroom, 2-bath home offers approximately 1,943 square feet of stylish living space surrounded by nature. Built in 1985 and situated on .17 acres, the property combines tasteful updates with timeless charm. The open-concept living area features a cozy fireplace and views of mature oak trees and lush green space beyond. The thoughtfully designed interior showcases stainless steel appliances, granite countertops, elegant bathroom finishes and more. Step outside to a spacious deck, perfect for entertaining, relaxing, or enjoying the peaceful natural setting. With direct backyard access to Walnut Creek hiking and biking trails, as well as nearby Gracywoods Neighborhood Park and playground, outdoor recreation is literally at your doorstep. Conveniently located near major employers, shopping, dining and everyday amenities, this rare property offers the perfect blend of comfort, style, and outdoor living. *Furnishings available for purchase separately*
Property Type
Residential
Year Built
1985
Lot Size
0.17 acres
$/Sq Ft
$286
Garage
2 spaces
Listed by Levy Properties, LLC
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Verified property facts
12047 Lincolnshire DR is listed at $555,000 with 4 bedrooms, 2 full bathrooms, 1,943 square feet, 0.17-acre lot. This places it above the 78758 median of $446,750.
12047 Lincolnshire DR is zoned for Pflugerville ISD with assigned schools: River Oaks (elementary), Westview (middle), John B Connally (high). School assignments should be verified directly with the district.
12047 Lincolnshire DR is a Residential built in 1985 featuring 4 bedrooms, 2 full bathrooms, 1,943 square feet, 0.17-acre lot.
12047 Lincolnshire DR is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
The most recent annual property tax for 12047 Lincolnshire DR is $11,230. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
1 record on file
Every recorded sale and lease at 12047 Lincolnshire DR, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Price Change with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-13.3% | — | $517,043 | — | — |
2024-11.5% | — | $596,067 | $125,000 | $429,130 |
2023+45.6% | — | $673,818 | $125,000 | $509,114 |
2022 | — | $462,829 | $125,000 | $548,818 |

Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.
20% ($111K)
$555,000
Luxury property intelligence
A sourced read on Gracywoods Sec 09 & 10 pricing, timing, and property scale. No automated valuation claim.
List price
$555,000
Price per sqft
$286/sqft
Vs. Gracywoods Sec 09 & 10 median
Not available
Days on market
66 days
Original to current
$20K reduction
$575K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Aug 15, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
District guide, nearby schools, and homes by attendance area
Private Austin CMA, TCAD context, and pricing strategy
Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($111,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 12047 Lincolnshire DR is around $3,816 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $555,000, 12047 Lincolnshire DR is in the Gracywoods Sec 09 & 10 market where there are currently 68 active listings in 78758. The Keenan Group has completed 6 transactions in 78758 as part of 1,000+ career sales totaling $1B+ across Austin.
12047 Lincolnshire DR was built in 1985 (41 years ago). Buyers should budget for potential updates to major systems.
12047 Lincolnshire DR includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
10 events on record
Current Price
$555,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-13.3% | — | $517,043 | — | — |
2024-11.5% | — | $596,067 | $125,000 | $429,130 |
2023+45.6% | — | $673,818 | $125,000 | $509,114 |
2022 | — | $462,829 | $125,000 | $548,818 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
Best Match
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Recent sales for market context