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$3,889,000 -$100,000 (-2.51%) Price Reduced
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Property Description
Rolling Hills Lake Estate presents an exceptional commercial opportunity in Blanco, Texas, featuring expanded acreage and prime US Hwy 281 frontage in the Texas Hill Country. Encompassing approximately 25± acres with direct highway access, the property offers increased visibility, flexible access points, and a larger footprint for development or long-term investment. Centered around a rare 3-acre private lake, the property delivers a setting that is both visually compelling and highly differentiated from typical commercial land offerings. Existing improvements include multiple residential structures, guest accommodations, and a fully built-out shop with office space and gym, offering immediate functionality alongside future development potential. The additional acreage enhances the property's flexibility, allowing for expanded site planning, increased privacy, and a wider range of potential commercial or mixed-use applications. Combined with strong Hwy 281 frontage and proximity to Blanco, Johnson City, San Antonio and Austin, the location supports both visibility and accessibility. Opportunities to acquire commercial acreage with highway frontage, water features, and existing improvements are increasingly limited in the Hill Country. Rolling Hills Lake Estate offers a rare combination of scale, access, and setting in a high-demand growth corridor.
Full Property Details
Full Property Details for 421 Rolling Hills Rd
General
- Price: $3,889,000
- Taxes: (2025)
- Status: Active
- Type: Office
- Source: Austin_MLS
- MLS ID: 6223362
- Updated: 7/9/2026
- Added to Site: 86 day(s) ago
Interior
- Flooring: Concrete, Vinyl, Wood
Rooms
Other Rooms
- Laundry: Washer Hookup, Dryer Hookup
Additional Information
- Shared Amenities: Fitness Center
- Security/Safety: None
- Equipment: None
Parking
- Carports: Yes
- Total Spaces: 20
- Parking Features: Attached Carport, Detached Carport
Location
- Area: BL
- County: Blanco
- Subdivision: none
- Driving Directions: Heading North on 281 from Blanco, go approx. 3 miles. Make right on Rolling Hills Road. property is first entrance on the left.
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Aerobic Septic
- Water: Well
- Well: Yes
- Utility Description: Electricity Connected
Structural Information
- # Buildings: 8
- Detached/Attached: Detached
- Construction: Log, Stucco
- Square Feet: 15,837
- Sq. Ft. Source: Public Records
- Current Bldg. Use: Residential, Single Family, Warehouse
- Year Built: 2017
- Year Built Source: Owner
- Property Condition: Resale
Additional Structures
- Other Structures: Barn(s), Garage(s), Guest House, Outbuilding, Outdoor Kitchen, See Remarks
Lot Features
- Property View: Hills, Pond, Pool, Rural, Trees/Woods
- Lot Size (Acres): 25
- Lot Size (Sq. Ft.): 1,089,000
Green Features
- Energy Efficient: HVAC
Financial Considerations
- Assessment Amount: $1,720,254
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: See Remarks
- Multiple Parcels: Yes
- Legal Description: 15+/- AC OUT OF Abs A0296 Survey 2 W H Howe, Acres 5.39, Abs A0296 Survey 2 W H Howe, Acres 4.262 & Kothmann North , Lot 02 A , Acres 5.9
- Disclosures/Reports: See Remarks
- Property ID: 84288
- Lot Number: 1
Listed by Magnolia Realty Austin Hill Co
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Schools
Schools serving 421 Rolling Hills Rd
School District:Blanco Independent School District
| Name | Grades | Distance |
|---|---|---|
Blanco Elementary School 814 11th Street, Blanco, TX 78606 | PK-5 | 2.5 mi |
Blanco Middle School 1500 Rocky Road, Blanco, TX 78606 | 6-8 | 2.8 mi |
Blanco High School 1215 4th Street, Blanco, TX 78606 | 9-12 | 3.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 421 Rolling Hills Rd
Date
Details
Price
Change
Source
7/09/2026
Price Reduced
$3,889,000
-2.51%
MLS
4/16/2026
Listed
$3,989,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 421 Rolling Hills Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,652
4%
$567,033
—
2024
$7,363
2%
$567,033
—
2023
$7,240
112%
$567,033
151%
2021
$3,413
-35%
$226,130
-38%
2022
$5,277
74%
$366,120
88%
2020
$3,037
—
$195,210
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 421 Rolling Hills Rd
421 Rolling Hills Road, Blanco, TX 78606 (MLS# 6223362) is a Office property. 421 Rolling Hills Road is currently listed for $3,889,000 and was received on April 16, 2026. Want to learn more about 421 Rolling Hills Road? Do you have questions about finding other Office real estate for sale in Blanco? You can browse all Blanco real estate or contact a Coldwell Banker agent to request more information.

