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Verified property facts
5510 Old McMahan Rd 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.
5510 Old McMahan Rd is in Downtown Austin, Austin, Texas. See the full [Downtown Austin neighborhood guide](/neighborhoods/downtown-austin) for market data, schools, and lifestyle details.
5510 Old McMahan Rd 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 5510 Old McMahan Rd is $479. 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
Listing timeline with current price, original ask, and market time.
Great opportunity to buy 67 beautiful acres only minutes from Lockhart. The property has been cleared and mostly improved coastal grasses. Property has really nice family gathering place on huge pond stocked with fish, water well to keep water in pond when needed, electric connected, concrete slab to picnic and park RV on, storage shed and huge trees around the pond. Several nice homesites on the 67 acres with hilltop views. Lots of deer, turkeys and other wildlife to enjoy. Over half mile county road frontage, ag exempt.
Property Type
Farm
Lot Size
67.65 acres
Listed by Countywide Realty
Property Details
Lot Features
Fencing
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% ($244K)
$1,217,718
Luxury property intelligence
A sourced read on Downtown Austin pricing, timing, and property scale. No automated valuation claim.
List price
$1,217,718
Price per sqft
Not available
Vs. Downtown Austin median
+39.2%
$875K median
Days on market
76 days
Original to current
No verified reduction
$1.2M original
Active inventory context
Ask for current inventory
Price Position in Downtown Austin
Listed 39% above the Downtown Austin median
Source: MLS Grid / Unlock MLS and Keenan Group review as of Apr 24, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($243,544) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 5510 Old McMahan Rd is around $6,358 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $1,217,718, 5510 Old McMahan Rd is in the Downtown Austin market where there are currently 112 active listings in 78644. 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 78644 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)
Best Match
Balanced against price, location, and layout so nearby lookalikes rise first. Similar properties in n/a
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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Recent sales for market context
