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$4,375,000 -$220,000 (-4.79%) Price Reduced
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Property Description
For those looking to create a boutique hospitality property, retreat destination, wedding venue, or private multi-generational compound, this 26-acre offering represents the core of Mystic Sky Ranch, with infrastructure already in place. The property is part of a 53.62-acre offering, available individually or in combination. 26-acre compound with over 10,000 SF across multiple structures $4,375,000 Additional 28-acre tract $1,120,000 53.62-acre compound (full offering) $5,495,000 Organized as a collection of purpose-built structures, the property is designed to function as a compound rather than a single residence. The improvements include a main residence by David Webber of Webber + Studio, four detached guest casitas, a dining hall with commercial kitchen, an event barn, and a pool pavilion with kitchen and bath. Each structure serves a distinct role, allowing the property to operate in multiple ways. It can function as a private residence with guest accommodations or as a short-term rental, bed and breakfast, wellness retreat, or event venue. The infrastructure to support both private use and business operations is already established. The layout separates living, hosting, and guest spaces across the land. The main residence anchors daily living, while the casitas provide privacy for guests. The dining hall and event barn support larger gatherings with a commercial-grade kitchen and spaces designed for scale. Spanning 26 acres of rolling Hill Country terrain, the land features heritage oaks, open pasture, and outdoor spaces that connect each structure while maintaining privacy. As the central portion of Mystic Sky Ranch, this offering can stand alone or be combined with the adjacent 28-acre tract to create a 53.62-acre holding. Located in the Dripping Springs area, the property offers access to Austin while maintaining space and flexibility rarely found at this scale.
Full Property Details
Full Property Details for 5818 Ranch Road 165 #Tract 1
General
- Price: $4,375,000
- Taxes: $22,511 (2025)
- Status: Active
- Type: Farm Single-Family
- Source: Austin_MLS
- MLS ID: 7863280
- Updated: 4/22/2026
- Added to Site: 210 day(s) ago
Interior
- Interior Features: Beamed Ceilings, Built-in Features, Open Beams/Beamed Ceailings, Ceiling Fan(s), Vaulted Ceiling(s), Walk-In Closet(s)
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Family Room
- Appliances: Built-In Range, Built-In Gas Oven, Built-In Refrigerator, Dryer, Dishwasher, Oven, Washer
- Flooring: Concrete, Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 9
- Full Bathrooms: 9
Bedrooms
- Total Bedrooms: 7
- Bedrooms Main: 7
Other Rooms
- Laundry: Laundry Room
Additional Information
- Shared Amenities: None
- Pool: Yes
- Private Pool: Yes
- Pool Description: In Ground
- Security/Safety: None
Exterior
- Exterior Features: Garden, Gas Grill, Outdoor Grill, Private Entrance, Private Yard, Uncovered Courtyard
- Porch/Patio/Deck: Covered, Patio
Parking
- Carports: Yes
- Parking Features: Detached Carport, Driveway, Paved
Location
- Area: BL
- County: Blanco
- Subdivision: None
- Driving Directions: From Highway 290, take Ranch Road 165 and continue for several miles. The property at 5818 Ranch Road 165 will be on your right (after 2 flags on right).
- Direction Faces: South
School Information
- Elem School District: Blanco ISD
- Midd School District: Blanco ISD
- High School District: Blanco ISD
- Elementary School: Blanco
- Middle School: Blanco
- High School: Blanco
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Septic Tank
- Water: Well
- Well: Yes
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Connected, Natural Gas Connected, High Speed Internet Available, Sewer Connected, Water Connected
Structural Information
- Detached/Attached: Detached
- Builder: David Webber - Webber+Studio
- Construction: Stone, Stucco
- Roof: Tile
- Windows: None
- Stories/Levels: 2
- Square Feet: 8,414
- Sq. Ft. Source: Public Records
- Living Area: 8,414 Sq. Ft.
- Year Built: 2001
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: Guest House, Living Quarters, Residence, See Remarks
Lot Features
- Property View: Hills
- Lot Size (Acres): 26.635
- Lot Size (Sq. Ft.): 1,160,220.6
- Fence: Yes
- Lot Features: Private, Many Trees, Views
- Fencing (Description): See Remarks
Water Features
- Water Front Desc.: Creek, Seasonal
Financial Considerations
- Assessment Amount: $1,733,550
- Tax Amount: $22,511.38
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: See Remarks
- Legal Description: 26.635 acres out of the ABS ABS A0702 SURVEY 43 M.J. JONES
- Disclosures/Reports: Seller Disclosure
- Property ID: 1568001001
Listed by Kuper Sotheby's Int'l Realty
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Schools
Schools serving 5818 Ranch Road 165 #Tract 1
School District:Blanco Independent School District
| Name | Grades | Distance |
|---|---|---|
Blanco Elementary School 814 11th Street, Blanco, TX 78606 | PK-5 | 4.7 mi |
Blanco Middle School 1500 Rocky Road, Blanco, TX 78606 | 6-8 | 5.2 mi |
Blanco High School 1215 4th Street, Blanco, TX 78606 | 9-12 | 5.3 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 5818 Ranch Road 165 #Tract 1
Date
Details
Price
Change
Source
4/20/2026
Price Reduced
$4,375,000
-4.79%
MLS
1/07/2026
Price Reduced
$4,595,000
-8.01%
MLS
9/26/2025
Listed
$4,995,000
—
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 5818 Ranch Road 165 #Tract 1
Year
Property Taxes
Change
Tax Assessment
Change
2025
$23,393
-9%
$1,733,550
-12%
2024
$25,571
-3%
$1,969,190
-4%
2023
$26,240
22%
$2,055,170
-9%
2021
$21,436
-20%
$2,249,900
21%
2022
$26,708
23%
$1,852,840
-11%
2020
$21,648
—
$2,090,250
—
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 5818 Ranch Road 165 #Tract 1
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