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Keenan Group#1 Austin Board of Realtors Team 2024
TBD Highway 71, photo 1 of 22, Fayetteville, Fayetteville, TX
Active

$1,192,500

47.70 acresLot

TBD Highway 71, Fayetteville, TX 78940

Fayetteville·MLS# 8430685·45 days on market

— bed, — bath on 47.70 acres in Fayetteville. Fayetteville, TX 78940. $1,192,500. La Grange ISD.

About This Home

Located between La Grange and Ellinger near the charming community of Fayetteville, this exceptional 45+ acre property offers a combination of open land, elevation, water, wildlife, and convenient access. The property features approximately 270–290 feet of elevation, with a creek along the eastern boundary providing a natural water feature and wildlife habitat. With frontage on Highway 71, the property offers excellent accessibility and multiple potential uses. The land is well suited for cattle grazing, recreation, wildlife, or building your dream home. A pond provides additional water resources and enhances the property's appeal. Electric is available, and the property is agricultural exempt for low property taxes. Located approximately 9 minutes from Fayetteville, 10 minutes from La Grange, and 20 minutes from Round Top, you'll enjoy the privacy of the country while remaining close to shopping, dining, schools, and world-renowned Round Top events. Minerals convey. A rare opportunity to own acreage in a highly desirable Fayette County location with Highway 71 frontage, excellent elevation, water features, and convenient access to surrounding communities.

Property Type
Farm
Lot Size
47.70 acres

Listing information last updated September 30, 2026.

Listed by Land Brokers, Inc.

MLS# 8430685 • Active

IDX inquiries: Keenan Group at Compass · (512) 415-7653

Highlights

Generous 47.70-acre lot
Agricultural
With frontage on Highway 71, the property offers excellent accessibility and multiple potential uses
The land is well suited for cattle grazing, recreation, wildlife, or building your dream home
A pond provides additional water resources and enhances the property's appeal
Electric is available, and the property is agricultural exempt for low property taxes

Facts & Features

Exterior & Lot

Lot Features

  • Agricultural

Fencing

  • Barbed Wire
Lot Size
47.70 Acres

Waterfront

  • Pond
Financial
Original List Price
$1,192,500
Utilities
  • Electricity Available

Transaction History

1 record on file

Every recorded listing, sale, and lease at TBD Highway 71, whoever represented it.

  1. ActiveListed 2026
    Current price: $1,192,500Original list: $1,192,500MLS 8430685

Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.

Price & Listing History

Listing timeline with current price, original ask, and market time.

View Timeline
Current list
$1,192,500
Original list
$1,192,500
Price movement
No verified reduction
Listed / DOM
Sep 30, 2026 · 45 days
Map showing TBD Highway 71
TBD Highway 71
Directions

Zoned Schools

La Grange ISD

1 High School1 Middle School1 Elementary School

La Grange

High SchoolGrades 9-12Zoned assignment

La Grange

Middle SchoolGrades 6-8Zoned assignment

Hermes

ElementaryGrades K-5Zoned assignment

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.

Principal & interest
$6,418

Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.

Illustrative down payment

20% ($239K)

Adjustable assumption - not a lending recommendation.

Home price

$1,192,500

Loan: $954K

Loan details

Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-11-12
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Luxury property intelligence

Keenan Market Position

A sourced read on Fayetteville pricing, timing, and property scale. No automated valuation claim.

List price

$1,192,500

Price per sqft

Not available

Vs. Neighborhood guide reference price

Not available

Days on market

45 days

Original to current

No verified reduction

$1.2M original

Active inventory context

Ask for current inventory

Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.

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Verified property facts

Frequently Asked Questions

What school district is TBD Highway 71 in?

TBD Highway 71 is zoned for La Grange ISD with assigned schools: Hermes (elementary), La Grange (middle), La Grange (high). School assignments should be verified directly with the district.

What are the property taxes for TBD Highway 71?

The most recent annual property tax for TBD Highway 71 is $71. 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.

How should a buyer estimate the monthly payment for TBD Highway 71?

This page does not assume a mortgage rate or publish a monthly payment for TBD Highway 71. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.

How does TBD Highway 71 compare with other homes in Fayetteville?

As of Oct 15, 2026, TBD Highway 71 is offered at $1,192,500. The current MLS snapshot shows 3 active listings in 78940.

What is the water access at TBD Highway 71?

The MLS listing marks TBD Highway 71 as waterfront. The reported waterfront feature is Pond. 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.

Why Choose the #1 Austin Board Team for Fayetteville

#1 ABoR Team 20241,000+ Career SalesCompass Luxury Collection Specialist

#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.

25+ years advising buyers and sellers in this community

Unlock MLSMLS GRID

Listing courtesy of Unlock MLS as distributed by MLS GRID. Information deemed reliable but not guaranteed. Neither the listing broker nor Compass RE Texas, LLC shall be responsible for any typographical errors, misinformation, or misprints.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS, as amended from time to time.

Based on information submitted to MLS GRID as of 10/15/2026, 6:07:39 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Keenan Luxury Market Index figures and Keenan Group sales counts are published under CC BY 4.0 and may be reused with attribution to Keenan Group at Compass. Methodology and citation format: thekeenangroup.com/the-source/keenan-luxury-market-index-methodology.

Last updated: 10/15/2026, 6:07:39 PM

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