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Verified property facts
14985 Fm 86 is listed at $625,000 with 3 bedrooms, 2 full bathrooms, 1,934 square feet, 10.00-acre lot.
14985 Fm 86 is zoned for Lockhart ISD with assigned schools: Carver Kindergarten (elementary), Lockhart (middle), Lockhart (high). School assignments should be verified directly with the district.
14985 Fm 86 is in Downtown Austin, Austin, Texas. See the full [Downtown Austin neighborhood guide](/neighborhoods/downtown-austin) for market data, schools, and lifestyle details.
14985 Fm 86 is a Residential built in 2003 featuring 3 bedrooms, 2 full bathrooms, 1,934 square feet, 10.00-acre lot.
14985 Fm 86 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
Listed with current price, original ask, and market time.
Experience the charm and potential of this 10-acre ranchette located at 14985 FM 86 in Dale, TX. A newly improved gated entrance with the property address welcomes you in, offering both convenience and a sense of arrival as you enter this private, peaceful setting set back from the road.
The 1,934 sq ft home was remodeled in 2021 and features updated flooring, fresh paint, kitchen cabinetry, and stainless steel appliances. Recent mechanical upgrades include a new water heater and central HVAC system, providing added comfort and efficiency. Inside, you’ll find generously sized rooms and a spacious kitchen, offering a great foundation to create your ideal country retreat.
The land is mostly cleared with a beautiful mix of mature trees, including large oaks that provide shade and enhance the picturesque landscape—perfect for enjoying those Texas sunsets. A large back porch offers a quiet place to take in sunrises, while the backyard includes a garden area with fruit trees and multiple water taps conveniently placed throughout the property.
Additional improvements include a garage/shop with power and water, ideal for projects, storage, or equipment. The property is accessed via a 30-foot deeded lane that has been roughly improved, adding to the sense of seclusion while maintaining accessibility.
Whether you're looking for a weekend getaway, investment opportunity, or a place to escape the city, this property offers space, privacy, and potential—all within reach of Austin, San Antonio, and just minutes from Lockhart.
Property Type
Residential
Year Built
2003
Lot Size
10.00 acres
$/Sq Ft
$323
Garage
3 spaces
Listed by Keller Williams Realty Lone St
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Lockhart 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% ($125K)
$625,000
Luxury property intelligence
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List price
$625,000
Price per sqft
$323/sqft
Vs. Downtown Austin median
-28.6%
$875K median
Days on market
27 days
Original to current
No verified reduction
$625K original
Active inventory context
Ask for current inventory
Price Position in Downtown Austin
Listed 29% below the Downtown Austin median
Source: MLS Grid / Unlock MLS and Keenan Group review as of May 10, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
14985 Fm 86 is priced at $323 per square foot across 1,934 sqft. The Downtown Austin median list price is $875,000.
With 20% down ($125,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 14985 Fm 86 is around $4,389 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $625,000, 14985 Fm 86 is in the Downtown Austin market where there are currently 31 active listings in 78616. For a detailed market analysis, see our [Downtown Austin guide](/neighborhoods/downtown-austin).
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 Lockhart ISD in the 78616 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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1 event on record
Current Price
$625,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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