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Verified property facts
15657 Fm 86 is listed at $2,450,000 with 2 bedrooms, 2 full, 1 half bathrooms, 2,618 square feet, 103.15-acre lot.
15657 Fm 86 is zoned for Lockhart ISD with assigned schools: Bluebonnet (Lockhart ISD) (elementary), Lockhart (middle), Lockhart (6/10) (high). School assignments should be verified directly with the district.
15657 Fm 86 is a Farm built in 1925 featuring 2 bedrooms, 2 full, 1 half bathrooms, 2,618 square feet, 103.15-acre lot.
15657 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.
The most recent annual property tax for 15657 Fm 86 is $3,427. 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.
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Listing timeline with current price, original ask, and market time.
This circa 1900s updated farmhouse resides on 103 acres on the corner of FM 86 and Pettytown Rd. Fenced 103 acres with approximately half in improved pasture and half native pasture. 2 bedroom, 2.5 bath renovated farmhouse with an upstairs loft. Mature trees surround the homestead along with outbuildings, pens, and a detached gameroom/office/etc.. bonus building. Approximately 40 minutes to the Austin International Airport, 20 minutes to the BBQ Capital of Texas, 25 minutes to downtown Bastrop, and 45 minutes to Texas State University in San Marcos. Island kitchen opens to living area and features a breakfast bar, double oven, granite counters, built-in microwave, and custom cabinetry. Homesite features a wraparound porch plus a 20x30 deck to unwind and take in the constant breeze and sunset views.
Property Type
Farm
Year Built
1925
Lot Size
103.15 acres
$/Sq Ft
$936
Listed by Anders Pierce Realty, LLC
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% ($490K)
$2,450,000
Luxury property intelligence
A sourced read on GEORGE JAMES SURVEY pricing, timing, and property scale. No automated valuation claim.
List price
$2,450,000
Price per sqft
$936/sqft
Vs. GEORGE JAMES SURVEY median
Not available
Days on market
125 days
Original to current
No verified reduction
$2.5M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Apr 10, 2026.
Request Private Market AnalysisWith 20% down ($490,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 15657 Fm 86 is around $12,998 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $2,450,000, 15657 Fm 86 is in the GEORGE JAMES SURVEY market where there are currently 31 active listings in 78616.
15657 Fm 86 was built in 1925 (101 years ago). Buyers should budget for potential updates to major systems.
15657 Fm 86 sits on a 103.15-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.
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