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$950,000 Just Listed
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Property Description
"¢ 8.5 unrestricted acres "¢ Three charming 380 sq/ft cottage-style tiny homes, fully finished and 2 convey furnished "¢ Four fenced horse pastures with run-in sheds "¢ Sand riding arena (needs grooming) "¢ Existing water, electric and septic "¢ Beautiful landscaping and large, mature trees "¢ Plenty of room for horses, animals, additional improvements or a future main residence "¢ Peaceful Hill Country setting with convenient access to Dripping Springs, Driftwood, Wimberley and Austin What makes this property special is the combination of acreage, unrestricted use, existing utilities, equestrian improvements and three ready-to-use cottages. Live in one cottage while you build your dream home. Create a multigenerational family property. Use the cottages for guests or potential rental income. Bring your horses and enjoy the property immediately. Or take advantage of the unrestricted acreage and create something completely your own. There is no main house, giving the next owner the opportunity to design and build exactly what they want without paying for someone else's home or renovation. Properties offering this much flexibility in the Driftwood/Dripping Springs area are increasingly difficult to find. Driftwood, TX 78619 8.5 Acres | Unrestricted | Equestrian Improvements | 3 Furnished Cottages
Full Property Details
Full Property Details for 240 Lanier Ranch Rd #B
General
- Price: $950,000
- Taxes: $4,653 (2025)
- Status: Active
- Type: Farm
- Source: Austin_MLS
- MLS ID: 3144543
- Updated: 8/12/2026
- Added to Site: 3 day(s) ago
Interior
- Appliances: Washer/Dryer Stacked, Microwave, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main: 3
Other Rooms
- Laundry: Stacked
Additional Information
- Shared Amenities: None
Exterior
- Porch/Patio/Deck: Deck
Parking
- Parking Features: Additional Parking, Outside, Private
Location
- Area: HD
- County: Hays
- Subdivision: Purcell Sub
- Driving Directions: Property is located off Darden Hill Road. From 150 or 1826, take Darden Hill to Lanier Ranch road and follow for approx. .8 miles, turn right and the tiny homes will be after the neighbors 1 acre property on the left.
School Information
- Elem School District: Dripping Springs ISD
- Midd School District: Dripping Springs ISD
- High School District: Dripping Springs ISD
- Elementary School: Dripping Springs
- Middle School: Dripping Springs Middle
- High School: Dripping Springs
Utilities
- Water: Well
- Well: Yes
- Utility Description: Electricity Connected, Sewer Available, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: See Remarks
- Year Built: 2025
Additional Structures
- Other Structures: Corral(s), See Remarks, Storage
Lot Features
- Property View: Pasture
- Lot Size (Acres): 8.5
- Lot Size (Sq. Ft.): 370,260
- Fence: Yes
- Lot Features: Moderate Trees
- Fencing (Description): Fenced, Livestock, Partial, Wood
Horse Property
- Horse Property: Yes
- Horse Facility Desc.: Arena, Hay Storage, Pasture, Paddocks, See Remarks
Financial Considerations
- Assessment Amount: $284,532
- Tax Amount: $4,653.07
- Tax Year: 2025
- Terms: Cash, Conventional, FHA
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Water/Well Report, Survey
- Legal Description: PURCELL SUBD, LOT 2A, MH SERIAL # UNK, TITLE # CARE, LABEL # UNK9999999, ACRES 8.50, (0.25 AC HS)
- Property ID: 1165900000002A04
- Lot Number: 2A
Listed by TurnKey Ranch Real Estate, LLC
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Schools
Schools serving 240 Lanier Ranch Rd #B
School District:Dripping Springs Independent School District
| Name | Grades | Distance |
|---|---|---|
Walnut Springs Elementary School 113 Tiger Lane, Dripping Springs, TX 78620 | PK-5 | 5.5 mi |
Dripping Springs Middle School 111 Tiger Lane, Dripping Springs, TX 78620 | 6-8 | 5.7 mi |
Dripping Springs High School 940 W Hwy 290, Dripping Springs, TX 78620 | 9-12 | 4.7 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 240 Lanier Ranch Rd #B
Date
Details
Price
Change
Source
8/12/2026
Listed
$950,000
—
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 240 Lanier Ranch Rd #B
Year
Property Taxes
Change
Tax Assessment
Change
2025
$882
-51%
$284,532
10%
2023
$1,818
-36%
$258,665
10%
2022
$2,843
—
$235,150
10%
2022
$2,843
-10%
$213,773
10%
2021
$3,165
7%
$194,339
10%
2020
$2,950
-6%
$176,672
10%
2019
$3,149
5%
$160,611
10%
2018
$3,011
4%
$146,010
5%
2017
$2,883
-1%
$139,050
—
2016
$2,905
—
$139,050
—
2015
$2,909
8%
$139,050
—
2013
$2,699
—
$139,050
6%
2013
$2,699
—
$130,850
—
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 240 Lanier Ranch Rd #B
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