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#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024Loading
Verified property facts
6731 E Fm 1123 is listed at $10,000,000 with 3 bedrooms, 4 full, 1 half bathrooms, 5,580 square feet, 303.55-acre lot. This places it above the 76513 median of $319,990.
6731 E Fm 1123 is zoned for Belton ISD with assigned schools: Miller Heights (elementary), Lake Belton (middle), Belton (high). School assignments should be verified directly with the district.
6731 E Fm 1123 is a Residential built in 1990 featuring 3 bedrooms, 4 full, 1 half bathrooms, 5,580 square feet, 303.55-acre lot.
6731 E Fm 1123 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.
With 20% down ($2,000,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 6731 E Fm 1123 is around $70,221 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Active listings near 6731 E Fm 1123
Best Match
Balanced against price, location, and layout so nearby lookalikes rise first. Similar properties in Summer's Mill
Listed with current price, original ask, and market time.
Welcome to Summers Mill Ranch — a once-in-a-generation opportunity to own one of Central Texas’ most iconic riverfront estates. Spanning over 303 rolling acres and offering 1.8 miles of pristine frontage along both the Lampasas River and Salado Creek, this extraordinary property blends natural beauty, timeless elegance, and limitless potential. Located just outside Belton in the storied resort and equestrian community of Summers Mill, this ranch is ideal as a private luxury estate, a working cattle or equestrian operation, or a prime development opportunity. A gated entry leads to a nearly 6,000-square-foot custom home perched on a scenic hilltop, surrounded by century-old oaks and panoramic views of pastures, hay fields, and waterfront vistas. The residence was designed for both comfort and entertaining, with 3 bedrooms, 5 bathrooms, multiple living areas, a formal dining space, rich wood study, oversized craft room, and a resort-style pool overlooking the landscape. Every space has been thoughtfully planned to balance luxury with livability. The ranch is cross-fenced and features extensive road frontage along both FM 1123 and Hickerson Road, offering convenient access and exceptional land use flexibility with no city zoning. Whether your vision includes fly fishing along the riverbanks, horseback riding through open fields, or developing a legacy neighborhood tucked along the water’s edge, Summers Mill Ranch delivers an unmatched combination of location, scale, and potential. Just minutes from historic Salado, 20 minutes to Temple, and under an hour to Austin, with easy drives to Dallas and Houston, this is a rare chance to secure a true Texas legacy property. Private showings by appointment only.
Property Type
Residential
Year Built
1990
Lot Size
303.55 acres
$/Sq Ft
$1,792
Garage
10 spaces
Pool
Yes
Listed by Coldwell Banker Realty
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Belton 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% ($2.0M)
$10,000,000
Luxury property intelligence
A sourced read on Summer's Mill pricing, timing, and property scale. No automated valuation claim.
List price
$10,000,000
Price per sqft
$1,792/sqft
Vs. Summer's Mill median
Not available
Days on market
314 days
Original to current
No verified reduction
$10M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of May 14, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
At $10,000,000, 6731 E Fm 1123 is in the Summer's Mill market where there are currently 67 active listings in 76513.
6731 E Fm 1123 was built in 1990 (36 years ago). Buyers should budget for potential updates to major systems.
6731 E Fm 1123 includes verified waterfront access. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
6731 E Fm 1123 sits on a 303.55-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.
Car-Dependent
N/A
Somewhat Bikeable
Walk Score measures walkability based on distance to amenities. Transit Score measures public transportation access. Bike Score measures bikeability based on bike infrastructure and terrain.
10 events on record
Current Price
$10,000,000
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.
