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Verified property facts
950 S Fm 486 is listed at $799,990 with 3 bedrooms, 2 full bathrooms, 3,055 square feet, 11.74-acre lot.
950 S Fm 486 is zoned for Thorndale ISD with assigned schools: Thorndale (elementary), Thorndale (middle), Thorndale (high). School assignments should be verified directly with the district.
950 S Fm 486 is in Signal Hill, Austin, Texas. See the full [Signal Hill neighborhood guide](/neighborhoods/signal-hill-austin) for market data, schools, and lifestyle details.
950 S Fm 486 is a Farm built in 1975 featuring 3 bedrooms, 2 full bathrooms, 3,055 square feet, 11.74-acre lot.
950 S Fm 486 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.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Price Change with current price, original ask, and market time.
Welcome to the tranquil setting of 950 Farm To Market Road 486, Thorndale, TX 76577. This expansive property offers an impressive 3,200 square feet of living space and sits on a generous nearly 11-acre plot. Priced at $850,000, this is more than just a home; it's a lifestyle.
The main residence boasts four bedrooms and two bathrooms, each featuring a large footprint for ample space. The house features walk-in closets providing ample storage for your belongings. The side-by-side washer and dryer offer added convenience that will surely be appreciated. One of the standout features of this property is its dual residences offering multi-generational housing potential. This provides an excellent opportunity for those seeking to accommodate extended family or guests with their private quarters. The secondary home features 3 beds 2 baths, a large open concept kitchen/dining/living area as well as in-unit laundry and a mother-in-law floor plan. This property is not just about indoor living; it offers abundant outdoor facilities as well. It includes a horse barn, goat pen, and chicken coop which are ideal for those who appreciate the rural lifestyle or have interest in homesteading pursuits. Secondary storage, a Well House, and a shop off the Horse shed all serve the pursuit of self sustainability. The large lot ensures privacy and quietude - perfect for those seeking peace and serenity away from the hustle-bustle of city life. Thorndale itself is known for its strong community spirit and excellent schools making it an ideal place to call home. The town also offers recreational amenities such as parks, restaurants, shops, and cultural events throughout the year. Come explore this unique opportunity in Thorndale where comfort meets convenience in a serene rural setting!
Property Type
Farm
Year Built
1975
Lot Size
11.74 acres
$/Sq Ft
$262
Garage
10 spaces
Listed by Tierra Grande Realty, LLC
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2026 | — | $524,286 | $258,192 | $266,094 |
Thorndale 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% ($160K)
$799,990
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List price
$799,990
Price per sqft
$262/sqft
Vs. Signal Hill median
+88.2%
$425K median
Days on market
70 days
Original to current
$50K reduction
$850K original
Active inventory context
Ask for current inventory
Price Position in Signal Hill
Listed 88% above the Signal Hill median
Source: MLS Grid / Unlock MLS and Keenan Group review as of May 11, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
950 S Fm 486 is priced at $262 per square foot across 3,055 sqft. The Signal Hill median list price is $425,000.
The most recent annual property tax for 950 S Fm 486 is $9,052. 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 ($159,998) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 950 S Fm 486 is around $4,905 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $799,990, 950 S Fm 486 is in the Signal Hill market where there are currently 16 active listings in 76577. For a detailed market analysis, see our [Signal Hill guide](/neighborhoods/signal-hill-austin).
950 S Fm 486 was built in 1975 (51 years ago). Buyers should budget for potential updates to major systems.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Signal Hill is one of Austin's established neighborhoods, zoned for Thorndale ISD in the 76577 area. The Keenan Group has specialized in Signal Hill 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)
4 events on record
Current Price
$799,990
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2026 | — | $524,286 | $258,192 | $266,094 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
Best Match
Balanced against price, location, and layout so nearby lookalikes rise first. Similar properties in NA
Neighborhood guide and local insights
Signal Hill is one of the smaller, quieter neighborhoods in southwest Austin's 78748 zip code, the kind of place where neighbors actually wave from their driveways and most homes have been owned by the same families for years. Built primarily across two phases in the 1990s and early 2000s, Signal Hill sits at a price point that has become rare in Austin - a median around $425,000 puts it well below most of the city's established neighborhoods, which makes it one of the more accessible entry points into Austin ISD school zones. Signal Hill sits in southwest Austin near the intersection of Slaughter Lane and Manchaca Road, with quick access to MoPac and I-35 for downtown commutes that run about 20 minutes outside of rush hour. South Austin's commercial corridor along Slaughter Lane handles weekly errands - H-E-B, restaurants, and shopping all within five minutes. The neighborhood backs up to wooded land that gives it a more rural feel than its proximity to major roadways would suggest. The housing stock is straightforward Texas suburban - traditional and ranch-style homes built mostly between 1995 and 2005, with brick and stone facades, two- and three-car garages, and the kind of practical layouts that hold their value because they work for families. Lots range from 0.15 acres in the older sections to about 0.5 acres in the larger phase, with most homes between 1,800 and 3,200 square feet. Pricing typically falls between $375,000 and $525,000, with some larger lots and updated homes pushing higher. Signal Hill is served by Austin ISD. Baranoff Elementary handles the elementary years and has a steady reputation for solid academics and engaged parent involvement. Bailey Middle School serves the middle school years, and most students continue to Akins High School. The schools are close enough that walking and biking are realistic options for elementary kids, which adds to the neighborhood character. The lifestyle here is straightforward suburban with strong access to outdoor space. The Slaughter Creek Trail runs nearby for runners and cyclists. South Austin's restaurant scene along Slaughter and Manchaca handles casual dining and date nights. Onion Creek Metropolitan Park is a short drive south for hiking and disc golf. And the proximity to MoPac means Lady Bird Lake, Zilker, and downtown are all within reach for weekend plans. Signal Hill works for families and first-time buyers who want Austin ISD schools without paying central Austin prices. It is more affordable than Circle C Ranch to the west and has more established trees and lot sizes than the newer Hays CISD developments further south. The tradeoff is that Signal Hill is small - inventory turns over slowly because owners tend to stay - so when something does come on the market, it usually moves fast. For buyers who can be patient and act decisively, this is one of the better-value pockets in southwest Austin.
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