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Verified property facts
12350-65 N Hwy 16 Hwy is listed at $2,725,000 with 3 bedrooms, 3 full bathrooms, 4,237 square feet, 65.00-acre lot.
12350-65 N Hwy 16 Hwy is zoned for Fredericksburg ISD with assigned schools: Fredericksburg (elementary), Fredericksburg (middle), Fredericksburg (Fredericksburg ISD) (high). School assignments should be verified directly with the district.
12350-65 N Hwy 16 Hwy is in Downtown Austin, Austin, Texas. See the full [Downtown Austin neighborhood guide](/neighborhoods/downtown-austin) for market data, schools, and lifestyle details.
12350-65 N Hwy 16 Hwy is a Farm built in 1985 featuring 3 bedrooms, 3 full bathrooms, 4,237 square feet, 65.00-acre lot.
12350-65 N Hwy 16 Hwy 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.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
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Located just minutes from Fredericksburg, this exceptional 65-acre offering at 12350 N Hwy 16 presents a rare opportunity to own a premier piece of Texas Hill Country. The property showcases a beautiful blend of native landscape, gently rolling terrain, and scenic views, complemented by valuable Willow Creek frontage that enhances both its recreational appeal and natural beauty.
Improvements on the ranch provide a strong foundation for immediate enjoyment or future customization, making it well-suited as a private retreat, weekend getaway, or full-time residence. Towering oaks, open pastures, and abundant wildlife create a quintessential Hill Country setting, while the location offers convenient access to Fredericksburg’s renowned dining, wineries, and shopping.
With its combination of size, water features, and proximity to one of Texas’ most sought-after destinations, this property offers a compelling investment and lifestyle opportunity. Whether you’re seeking tranquility, recreation, or a legacy property, this ranch delivers the space and character to bring your vision to life.
Property Type
Farm
Year Built
1985
Lot Size
65.00 acres
$/Sq Ft
$643
Listed by Compass RE Texas, LLC
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Fredericksburg ISD
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. Ratings from GreatSchools.org.
20% ($545K)
$2,725,000
Luxury property intelligence
A sourced read on Downtown Austin pricing, timing, and property scale. No automated valuation claim.
List price
$2,725,000
Price per sqft
$643/sqft
Vs. Downtown Austin median
+211.4%
$875K median
Days on market
33 days
Original to current
No verified reduction
$2.7M original
Active inventory context
Ask for current inventory
Price Position in Downtown Austin
Listed 211% above the Downtown Austin median
Source: MLS Grid / Unlock MLS and Keenan Group review as of Apr 10, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
12350-65 N Hwy 16 Hwy is priced at $643 per square foot across 4,237 sqft. The Downtown Austin median list price is $875,000.
With 20% down ($545,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 12350-65 N Hwy 16 Hwy is around $19,135 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $2,725,000, 12350-65 N Hwy 16 Hwy is in the Downtown Austin market where there are currently 49 active listings in 78624. For a detailed market analysis, see our [Downtown Austin guide](/neighborhoods/downtown-austin).
12350-65 N Hwy 16 Hwy was built in 1985 (41 years ago). Buyers should budget for potential updates to major systems.
12350-65 N Hwy 16 Hwy sits on a 65.00-acre lot, providing substantial outdoor living space. Properties of this scale in Austin's luxury market typically feature pool areas, outdoor kitchens, and mature landscaping. Confirm specific amenities with the listing agent.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Downtown Austin is one of Austin's established neighborhoods, zoned for Fredericksburg ISD in the 78624 area. The Keenan Group has specialized in Downtown Austin real estate for 25+ years with 1,000+ career transactions. Contact (512) 415-7653 for current market conditions and available homes.
Source: Keenan Group at Compass Real Estate, #1 Austin Board of Realtors Team (2024)
Neighborhood guide and local insights
Downtown Austin runs from the Colorado River north to the Capitol, bounded by I-35 to the east and Lamar to the west. It is the densest residential market in Central Texas with high-rise condos, historic lofts, and luxury towers concentrated in distinct sub-districts. The Seaholm District anchors the west end with the Seaholm Residences and the new Google tower reshaping the skyline. Rainey Street sits along the lake's north shore - what was a street of bungalow bars is now flanked by 40-story residential towers including 70 Rainey and The Lakeshore. The Warehouse District between 3rd and 6th Streets draws buyers who want walkable nightlife and restaurant access. Congress Avenue bisects downtown and remains the civic spine connecting the Capitol to the lake. The Austonian (56 floors), The Independent (58 floors), and 360 Condominiums are the marquee towers. Newer projects like Sixth & Guadalupe and The Republic continue adding inventory. Price points range from $400K studio condos to $5M+ penthouses with lake and Hill Country views. Walk Score averages 95+. The MetroRail Red Line stops at downtown station. Major employers including the State of Texas, UT Austin, and a growing tech presence (Google, Meta, Apple satellite offices) generate consistent housing demand. Nightlife, dining, live music, and Lady Bird Lake hike-and-bike trail are all within walking distance. Buyers here are typically professionals, empty nesters downsizing from suburban estates, investors, and out-of-state relocations drawn to Austin's urban core. HOA fees range from $400/month in older buildings to $2,000+ in full-service towers. Most buildings include concierge, pool, fitness center, and secure parking.
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