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Keenan Group#1 Austin Board of Realtors Team 2024

$3,402,360

3Beds
2Baths
1,951Sq Ft
174.48 acresLot

12135 Fm 1322, Luling, TX 78648

Reduced 19%$4,211,520
Luling·MLS# 3939677·Built 1989·97 days on market

3 bed, 2 bath, 1,951 sqft on 174.48 acres in Luling. Luling, TX 78648. $3,402,360. Luling ISD.

About This Home

Rare opportunity to own 175.47+/- acres of raw, unrestricted land in Caldwell County. With no zoning or deed restrictions, this property offers exceptional flexibility for a homestead, ranch, hunting retreat, agricultural operation, or long-term investment.

The land carries an agricultural exemption already in place to keep property taxes low, along with robust existing utilities: three water wells on site (two hand-dug and one drilled) provide multiple water sources across the property, and electricity is already available at four different locations. Additionally, a water supply booster station sits just around the corner on Rolling Oaks Drive, and a local fire department is located literally 300 yards from the back fence line.

Featuring a mix of partially wooded and cleared land with a pond, the property boasts versatile dual main access with frontage on both FM 1322 and Harwood Road (as well as Ebbon Road). Conveniently situated less than 15 miles from Lockhart, Luling, and I-10, this tract balances complete freedom with outstanding proximity to key highways and towns.

Whether you're looking to build a private homestead, expand a working ranch, or secure a smart long-term land investment, this unrestricted acreage with extensive water and power infrastructure is ready to accommodate your plans. Don't miss this chance to own a large, versatile tract with rare utility advantages already fully in place.

Property Type
Farm
Year Built
1989
Lot Size
174.48 acres
Price / Sq Ft
$1,744

Listing information last updated October 22, 2026.

Listed by Watters International Realty

MLS# 3939677 • Active

IDX inquiries: Keenan Group at Compass · (512) 415-7653

Highlights

Generous 174.48-acre lot
No Exterior Steps
Agricultural
Cleared
Interior Lot
Private Maintained Road

Facts & Features

Interior
Heating
Central,See Remarks
Cooling
Central Air,See Remarks
Exterior & Lot

Features

  • No Exterior Steps

Construction

  • Brick Veneer

Lot Features

  • Agricultural
  • Cleared
  • Farm
  • Interior Lot
  • Private Maintained Road
  • Public Maintained Road
  • Trees-Heavy

Fencing

  • Fenced
  • Partial
  • Wire
  • Wrought Iron

Foundation

  • Slab

Patio / Porch

  • Front Porch
  • Patio
Roof
Composition
Lot Size
174.48 Acres

Parking

  • Attached
  • Garage
  • Garage Faces Front

Waterfront

  • Pond
Financial
Original List Price
$4,211,520
Price per Sq Ft
$1,744
Utilities
  • Electricity Available
  • Water Available
Water Source
Public
Sewer
Septic Tank

Transaction History

2 records on file

Every recorded listing, sale, and lease at 12135 Fm 1322, whoever represented it.

  1. ActiveListed 2026
    Current price: $3,402,360Original list: $4,211,520MLS 7375735
    1. Price changed · October 21, 2026$3,402,360
  2. ActiveListed 2026
    Current price: $3,402,360Original list: $4,211,520MLS 3939677
    1. Price changed · October 21, 2026$3,402,360

Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.

Price & Listing History

Listing timeline with current price, original ask, and market time.

View Timeline
Current list
$3,402,360
Original list
$4,211,520
Price movement
$809.2K reduction
Listed / DOM
Aug 5, 2026 · 97 days

Virtual Tour

Virtual tour of 12135 Fm 1322
Map showing 12135 Fm 1322
12135 Fm 1322
Directions

Zoned Schools

Luling ISD

1 High School1 Middle School1 Elementary School

Luling

High SchoolGrades 9-12Zoned assignment

Luling

Middle SchoolGrades 6-8Zoned assignment

Luling Primary

ElementaryGrades K-5Zoned assignment

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.

Principal & interest
$18,439

Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.

Illustrative down payment

20% ($680K)

Adjustable assumption - not a lending recommendation.

Home price

$3,402,360

Loan: $2.7M

Loan details

Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-11-05
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Luxury property intelligence

Keenan Market Position

A sourced read on Luling pricing, timing, and property scale. No automated valuation claim.

List price

$3,402,360

Price per sqft

$1,744/sqft

Vs. Neighborhood guide reference price

Not available

Days on market

97 days

Original to current

$809.2K reduction

$4.2M original

Active inventory context

Ask for current inventory

Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 22, 2026.

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Verified property facts

Frequently Asked Questions

How much is 12135 Fm 1322?

12135 Fm 1322 is listed at $3,402,360 with 3 bedrooms, 2 full bathrooms, 1,951 square feet, 174.48-acre lot. This places it above the ZIP 78648 single-family closed-sale median price of $210,000 (ZIP 78648 geography · single-family closed sales · median sale price · trailing 12 months as of Nov 10, 2026).

What school district is 12135 Fm 1322 in?

12135 Fm 1322 is zoned for Luling ISD with assigned schools: Luling Primary (elementary), Luling (middle), Luling (high). School assignments should be verified directly with the district.

What are the property details for 12135 Fm 1322?

12135 Fm 1322 is a Farm built in 1989 featuring 3 bedrooms, 2 full bathrooms, 1,951 square feet, 174.48-acre lot.

How should a buyer estimate the monthly payment for 12135 Fm 1322?

This page does not assume a mortgage rate or publish a monthly payment for 12135 Fm 1322. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.

How does 12135 Fm 1322 compare with other homes in Luling?

As of Oct 22, 2026, 12135 Fm 1322 is offered at $3,402,360. The current MLS snapshot shows 29 active listings in 78648.

When was 12135 Fm 1322 built?

12135 Fm 1322 was built in 1989 (37 years ago). Buyers should budget for potential updates to major systems.

What is the water access at 12135 Fm 1322?

The MLS listing marks 12135 Fm 1322 as waterfront. The reported waterfront feature is Pond. Confirm shoreline access, dock rights, and floodplain status from current property documents during due diligence.

Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.

Why Choose the #1 Austin Board Team for Luling

#1 ABoR Team 20241,000+ Career SalesCompass Luxury Collection Specialist

#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.

Unlock MLSMLS GRID

Listing courtesy of Unlock MLS as distributed by MLS GRID. Information deemed reliable but not guaranteed. Neither the listing broker nor Compass RE Texas, LLC shall be responsible for any typographical errors, misinformation, or misprints.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS, as amended from time to time.

Based on information submitted to MLS GRID as of 10/22/2026, 10:33:11 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Keenan Luxury Market Index figures and Keenan Group sales counts are published under CC BY 4.0 and may be reused with attribution to Keenan Group at Compass. Methodology and citation format: thekeenangroup.com/the-source/keenan-luxury-market-index-methodology.

Last updated: 10/22/2026, 10:33:11 AM

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