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Verified property facts
Lot 5 RM 1323 is zoned for Fredericksburg ISD with assigned schools: Fredericksburg (elementary), Fredericksburg (middle), Fredericksburg (Fredericksburg ISD) (high). School assignments should be verified directly with the district.
Lot 5 RM 1323 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 ($180,872) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for Lot 5 RM 1323 is around $6,351 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
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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Listing timeline with current price, original ask, and market time.
Located in the quaint area of Gillespie County in Willow City. The city of Fredericksburg is less than 15 minutes away, Llano is about 25 minutes, and the larger city of Austin is about an hour and 15-minute drive. The recreational area of Enchanted Rock is also just minutes away. The Llano River and the Highland Lakes are also a short drive away. Direct access off FM 1323 and is less than 2 minutes from state highway 16. The property consists of nice meadows that would be great for horses or other animals. The soils are good sandy loam. Good native grasses are established with excellent potential to plant improved grasses. A field of improved coastal grass exist in the meadow at the back of the property. Trees mainly consist of large live oak and post oaks. A seasonal creek runs along the back boundary of the property. This area is nicely wooded with large trees and offers pretty creek bottom land as well as excellent wildlife habitat. There is a large stock tank along the creek that offers a great place to build a home under the huge live oak and post oak tree overlooking the tank. This surface water tank holds water in normal years but has mostly dried up in the droughts. We have included pictures of the tank at full level on the sites. It may or may not be at this level when shown. There is however excellent potential to dig it deeper as well as enlarging it for a nice water feature. This property offers a couple of great home sites under the large post oak and live oak trees. There is a beautiful area along both sides of the creek that would make excellent shady home sites. There also is a nice area in the middle of the tract that offers large live oak and post oaks for shade. Deer, turkey, dove, some quail, and other native wildlife are plentiful. There exotics that roam the area. The land carries an agricultural exemption. Fences are found on the front and back boundaries. Electric is readily available as it runs across the property.
Property Type
Land
Lot Size
49.61 acres
Listed by Ranch Investments
Property Details
Lot Features
Fredericksburg 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% ($181K)
$904,358
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List price
$904,358
Price per sqft
Not available
Vs. neighborhood median
Not available
Days on market
238 days
Original to current
No verified reduction
$855.4K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of May 6, 2026.
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