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Property Description
Extraordinary 855-acre live-water ranch in the heart of the Texas Hill Country, located 15 minutes west of Dripping Springs, 2.5 miles from Highway 290, & approximately 45 minutes from downtown Austin. The property features nearly 1.5 miles of spring-fed Mustang Creek, flowing year-round-even in drought conditions-& dammed to create multiple deep lakes ideal for fishing, swimming, & paddleboarding. The renowned vineyard region (between Johnson City & Fredericksburg) is just 30 minutes away, as well as Wimberley. The land showcases dramatic elevation changes, with rolling valleys and commanding hilltops that deliver sweeping panoramic views in every direction. Crowning one of these hilltops is a 7,000 sq ft custom residence offering six bedrooms & seven bathrooms, thoughtfully upgraded with new hardwood floors, a fully updated kitchen, an elevator, a dedicated wine room, & a Savant AV control system. Outdoor living is equally impressive, with a negative-edge pool & expansive entertaining areas that take full advantage of the surrounding vistas. Privacy is paramount, with access provided by a gated, one-mile private paved road, & the entire ranch is high fenced. A large pond greets you at the entrance, & wildlife is abundant throughout the property. The ranch is managed under a wildlife plan and includes 10 deer feeders, six turkey feeders, & six established food plots, supporting a thriving habitat. Additional improvements near the creek include a two-bedroom, one-bath foreman's house, a rustic three-bedroom, two-bath guest home, a well-designed equestrian facility, & a large equipment barn. Whether envisioned as a recreational retreat, hunting ranch, legacy estate, or private sanctuary, this property represents a rare offering that captures the very best of Texas ranch living and is a once in a generation opportunity for a ranch of this size and quality this close to Austin. Additional 2,300+/- acres available; see Agent for more information.
Full Property Details
Full Property Details for MLS# 5653359
General
- Price: $28,000,000
- Taxes: (2025)
- Status: Active
- Type: Farm Single-Family
- Source: Austin_MLS
- MLS ID: 5653359
- Updated: 4/17/2026
- Added to Site: 5 day(s) ago
Interior
- Interior Features: Wet Bar, Breakfast Bar, Separate/Formal Dining Room, Double Vanity, Elevator, High Ceilings, Interior Steps, Multiple Living Areas, Multiple Dining Areas, Main Level Primary, See Remarks, Walk-In Closet(s), Wired for Sound
- Fireplace: Yes
- Number of Fireplaces: 2
- Fireplace(s): Living Room, Wood Burning
- Appliances: Built-In Oven, Convection Oven, Cooktop, Down Draft, Double Oven, Dishwasher, Disposal, Microwave, Refrigerator, Self Cleaning Oven, Trash Compactor
- Flooring: Carpet, Tile
Rooms
Bathrooms
- Total Bathrooms: 7
- Full Bathrooms: 7
Bedrooms
- Total Bedrooms: 6
- Bedrooms Main: 1
Other Rooms
- Laundry: Laundry Room, See Remarks
Additional Information
- Shared Amenities: None
- Pool: Yes
- Pool Description: In Ground
- Spa: Yes
- Spa Description: Hot Tub
- Security/Safety: Prewired, Fire Alarm, Smoke Detector(s)
Exterior
- Exterior Features: Barbecue, See Remarks
- Porch/Patio/Deck: Covered, Patio, Porch
Parking
- Garage: Yes
- Garage Spaces: 3
- Covered Spaces: 3
- Total Spaces: 3
- Parking Features: Door-Multi, Detached, Garage, Golf Cart Garage, Garage Door Opener
Location
- Area: BL
- County: Hays
- Subdivision: N/A
- Driving Directions: Go west on Hwy 290 towards Dripping Springs, 15 min past Dripping Springs turn Left on FM 165, Left on Loop 165 to entrance on left.
- Direction Faces: South
School Information
- Elem School District: Johnson City ISD
- Midd School District: Johnson City ISD
- High School District: Johnson City ISD
- Elementary School: Lyndon B Johnson
- Middle School: Lyndon B Johnson
- High School: Lyndon B Johnson (Johnson City ISD)
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Septic Tank
- Water: Well
- Well: Yes
- Utility Description: Electricity Available, Phone Available
Structural Information
- Detached/Attached: Detached
- Builder: Ron Ross
- Construction: Masonry, Stone Veneer, Stucco
- Roof: Concrete, Tile
- Windows: See Remarks
- Stories/Levels: 2
- Square Feet: 7,000
- Sq. Ft. Source: Owner
- Living Area: 7,000 Sq. Ft.
- Year Built: 2009
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: Barn(s), Guest House, Outbuilding, Shed(s), See Remarks, Storage
Lot Features
- Property View: Hills, Creek/Stream
- Lot Size (Acres): 855
- Lot Size (Sq. Ft.): 37,243,800
- Fence: Yes
- Topography: Level, Rolling
- Lot Features: Sprinklers In Rear, Sprinklers In Front, Sprinklers Automatic, Trees Large Size, Trees Medium Size, Waterfall, Level, Rolling Slope
- Fencing (Description): Fenced, See Remarks
Horse Property
- Horse Property: Yes
- Horse Facility Desc.: Barn, See Remarks, Stable(s), Tack Room
Water Features
- Water Front Desc.: Creek, Stream
Financial Considerations
- Assessment Amount: $3,002,890
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Aerial, Survey, Water/Well Report
- Multiple Parcels: Yes
- Legal Description: See Agent
- Disclosures/Reports: Other, See Remarks
- Property ID: 00Loop165
- Lot Number: NA
Listed by Keller Williams Realty
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Price & Sales History for MLS# 5653359
Date
Details
Price
Change
Source
4/17/2026
Listed
$28,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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