#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024
Great property on FM 20 E. between Lockhart/Bastrop. Water well needed. Beautiful 5.6 acres located between Lockhart and Bastrop. Trees and more trees. Nice homesites, paved highway frontage, electric pole on site, good sandy loam. Water well and septic needed. Some light restrictions. Mobile home allowed. Approx. 40 minutes to Austin and airport. 15 minutes to 130 toll road in Lockhart. Seller will give to buyer at closing allowance of $15,000 towards cost of water well at acceptance of contract price. Ask agent for details.
Property Type
Land
Lot Size
5.62 acres
Listed by Countywide Realty
Property Details
Lot Features
Fencing
Waterfront
Verified property facts
8729 E Fm 20 Highway is zoned for Lockhart ISD with assigned schools: Alma Brewer Strawn (4/10) (elementary), Lockhart (middle), Lockhart (6/10) (high). School assignments should be verified directly with the district.
8729 E Fm 20 Highway 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 8729 E Fm 20 Highway is $3,149. 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.
With 20% down ($49,800) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 8729 E Fm 20 Highway is around $1,554 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
Listing timeline with current price, original ask, and market time.
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% ($50K)
$249,000
Luxury property intelligence
A sourced read on Windmill Hollow pricing, timing, and property scale. No automated valuation claim.
List price
$249,000
Price per sqft
Not available
Vs. Windmill Hollow median
Not available
Days on market
108 days
Original to current
$10K reduction
$259K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 21, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
At $249,000, 8729 E Fm 20 Highway is in the Windmill Hollow market where there are currently 38 active listings in 78616.
8729 E Fm 20 Highway includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
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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