3 bed, 4 bath, 5,580 sqft on 303.55 acres in Belton. Belton, TX 76513. $7,500,000. Belton ISD.
About This Home
303 acres. Two rivers. Endless possibilities. Welcome to Summers Mill Ranch — 303 acres where two rivers meet and possibilities stretch as far as the Texas horizon. Set along 1.8 miles of combined frontage on the Lampasas River and Salado Creek, this remarkable property offers a rare blend of privacy, beauty, and opportunity. Towering oak trees, rolling pastures, fertile hay fields, and sparkling waterways create a landscape that feels worlds away, yet remains within easy reach of Austin, Dallas, and Houston. At the heart of the ranch, a nearly 6,000-square-foot custom home sits atop a scenic hill, capturing sweeping views in every direction. Designed for gathering and everyday living alike, the residence features multiple living spaces, a handsome wood-paneled study, formal dining, an oversized craft room, and a resort-style pool overlooking the countryside. Beyond the home, the land tells its own story. Cross-fenced pastures, extensive frontage along FM 1123 and Hickerson Road, and no city zoning provide flexibility for a wide range of future visions. Whether you imagine a private family retreat, equestrian property, working ranch, conservation haven, or a thoughtfully planned development, the canvas is already extraordinary. Just minutes from historic Salado and located within the sought-after Summers Mill area, this is the kind of property rarely available and difficult to replicate. A place where generations can gather, traditions can take root, and the next chapter can be written. Private showings by appointment only.
The private gate at 6731 E FM 1123 opens to a manicured 303-acre estate that exemplifies controlled elegance on Central Texas land. This is not raw acreage; it's a tamed landscape where every pasture, tree line, and water view serves the vision of a refined country residence.
The driveway meanders through cross-fenced property, passing century-old oaks that frame sightlines toward the Lampasas River and Salado Creek. The approach builds anticipation without drama. Native trees anchor the grounds while pastures and hay fields create the park-like setting that defines Belton, the storied equestrian and resort community just outside Belton in Bell County. The property commands 1.8 miles of riverfront and creek frontage, a substantial water presence that shapes both the landscape character and practical value of the land.
The residence itself sits on the high point of the property, a custom 5,580-square-foot home built in 1990 that captures panoramic views across the manicured grounds. Three bedrooms and 4 full bathrooms plus one half bath provide functional space. The layout reflects thoughtful design: multiple living areas, formal dining, a wood-lined study, an oversized craft room, and a resort-style pool that anchors the immediate grounds with clear sightlines across the estate. This is a home built for both daily living and entertaining on scale.
The land itself carries the flexibility that only 303 acres without city zoning provides. Cross-fenced sections support cattle or equestrian operations. Road frontage along both FM 1123 and Hickerson Road offers direct access and development potential. The Lampasas River and Salado Creek create natural boundaries that amplify privacy while enabling fly fishing and water recreation directly from the property.
Location compounds the appeal. Belton is minutes from historic Salado's shopping and dining. Temple is 20 minutes away via FM 1123. Austin lies under an hour north. Dallas and Houston are within reasonable weekend distance. The Bell County setting means no city jurisdiction, lower property taxes than Austin-area counterparts, and the ability to operate agricultural or equestrian use without municipal restriction.
At $10 million, or $1,792 per square foot for the residence alone, the price reflects the acreage, water access, and development optionality rather than residential density. This is land value with a finished home included. For buyers seeking a true Texas legacy property that combines immediate livability with long-term land stewardship or development potential, this estate represents a singular opportunity in Central Texas.
The numbers behind this insight
- Offered at
- $7,500,000
- Listed
- July 4, 2025
- Price changes
- Reduced, down 25% from $10,000,000
- Asking price per sq ft
- $1,344
Keenan Luxury Market Index: $5M-$10M single-family homes across the Austin area sold at a median $990 per sq ft over the trailing 12 months (44 sales), as of October 22, 2026.
- Property Type
- Farm
- Year Built
- 1990
- Lot Size
- 303.55 acres
- Price / Sq Ft
- $1,344
- Garage
- 4 spaces
- Pool
- Yes
Listing information last updated September 30, 2026.
Listed by Coldwell Banker Realty
MLS# 2886445 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Two Primary Baths
- Two Primary Suties
- Bar
- Bookcases
- Breakfast Bar
- Built-in Features
- Cedar Closet(s)
- Ceiling Fan(s)
- Coffered Ceiling(s)
- Ceiling-High
- Corian Counters
- Granite Counters
- Tile Counters
- Crown Molding
- High Speed Internet
- Kitchen Island
- Multiple Dining Areas
- Multiple Living Areas
- Open Floorplan
- Pantry
- Primary Bedroom on Main
- Recessed Lighting
- Storage
- Two Primary Closets
- Walk-In Closet(s)
- Built-In Electric Oven
- Cooktop
- Dishwasher
- Disposal
- Electric Cooktop
- Ice Maker
- Microwave
- Electric Oven
- Double Oven
- Warming Drawer
- Electric Water Heater
- Wine Refrigerator
- Brick
- Carpet
- Marble
- Wood
- Heating
- Central,Electric,Fireplace(s),Hot Water,Propane
- Cooling
- Ceiling Fan(s),Central Air,Electric,Multi Units
- Fireplaces
- 2
Exterior & Lot
- Gutters Full
- Lighting
- Private Entrance
- Private Yard
- Brick
- Concrete
- Glass
- Wood Siding
- Cleared
- Front Yard
- Gentle Sloping
- Landscaped
- Native Plants
- Private
- Sprinkler - Automatic
- Sprinklers In Rear
- Sprinklers In Front
- Sprinklers On Side
- Trees-Large (Over 40 Ft)
- Trees-Medium (20 Ft - 40 Ft)
- Views
- Back Yard
- Barbed Wire
- Fenced
- Front Yard
- Full
- Gate
- Invisible
- Livestock
- Perimeter
- Slab
- Covered
- Front Porch
- Patio
- Porch
- Roof
- Asphalt,Shingle
- Lot Size
- 303.55 Acres
- Additional Parking
- Attached
- Carport
- Covered
- Detached Carport
- Driveway
- Garage
- Garage Faces Side
- Golf Cart Garage
- Kitchen Level
- Private
- Storage
- Workshop in Garage
- Garage Spaces
- 4
- Pool
- Yes
- Creek
- River Front
Financial
- Original List Price
- $10,000,000
- Price per Sq Ft
- $1,344
Utilities
- Electricity Available
- Electricity Connected
- Phone Available
- Propane
- Water Available
- Water Connected
- Water Source
- Well,See Remarks
- Sewer
- Septic Tank
Transaction History
2 records on file
Every recorded listing, sale, and lease at 6731 E Fm 1123, whoever represented it.
- ActiveListed 2025Current price: $7,500,000Original list: $10,000,000MLS 6963035
- Price changed · June 5, 2026$7,500,000
- ActiveListed 2025Current price: $7,500,000Original list: $10,000,000MLS 2886445
- Price changed · June 5, 2026$7,500,000
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.
- Current list
- $7,500,000
- Original list
- $10,000,000
- Price movement
- $2.5M reduction
- Listed / DOM
- Jul 4, 2025 · 475 days
Zoned Schools
Belton ISD
Belton
Lake Belton
Miller Heights
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.
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($1.5M)
Adjustable assumption - not a lending recommendation.
$7,500,000
Luxury property intelligence
Keenan Market Position
A sourced read on Belton pricing, timing, and property scale. No automated valuation claim.
List price
$7,500,000
Price per sqft
$1,344/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
475 days
Original to current
$2.5M reduction
$10M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.
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