
3 bed, 4 bath, 5,580 sqft on 303.55 acres in Belton. Belton, TX 76513. $7,500,000. Belton ISD.
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.
Verified property facts
6731 E Fm 1123 is listed at $7,500,000 with 3 bedrooms, 4 full, 1 half bathrooms, 5,580 square feet, 303.55-acre lot. This places it above the ZIP 76513 single-family closed-sale median price of $319,990 (ZIP 76513 geography · single-family closed sales · median sale price · trailing 12 months as of Oct 1, 2026).
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 Farm built in 1990 featuring 3 bedrooms, 4 full, 1 half bathrooms, 5,580 square feet, 303.55-acre lot.
6731 E Fm 1123 is listed by Coldwell Banker Realty. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Oct 2, 2026.
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2 records on file
Every recorded listing, sale, and lease at 6731 E Fm 1123, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Listing timeline with current price, original ask, and market time.
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.
20% ($1.5M)
Adjustable assumption - not a lending recommendation.
$7,500,000
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List price
$7,500,000
Price per sqft
$1,344/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
455 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 2, 2026.
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This page does not assume a mortgage rate or publish a monthly payment for 6731 E Fm 1123. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Oct 2, 2026, 6731 E Fm 1123 is offered at $7,500,000. The current MLS snapshot shows 72 active listings in 76513.
6731 E Fm 1123 was built in 1990 (36 years ago). Buyers should budget for potential updates to major systems.
The MLS listing marks 6731 E Fm 1123 as waterfront. The reported waterfront feature is Creek, River Front. Confirm shoreline access, dock rights, and floodplain status from current property documents during due diligence.
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.
4 events on record
Current Price
$7,500,000
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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