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Property Description
488+/- acre live water ranch located along FM 501 in southeastern San Saba County, featuring approximately 3,775 feet of Cherokee Creek with both sides of the creek owned. This spring-fed water source, combined with over a mile of road frontage, makes this property a rare offering in today's market. The land offers rolling terrain with elevations ranging from approximately 1,251' to 1,455', providing scenic views, privacy, and a diverse mix of native habitat that supports wildlife and recreational use. Mature hardwoods, including large pecan trees along the creek, enhance both the beauty and usability of the property. Improvements include a 1,766 SF main residence (4-bed/3-bath), a bunkhouse-style guest space, two barns (approx. 1,800 SF each), and additional sheds and covered structures, offering immediate functionality for ranching, recreation, or weekend use. This property presents a compelling long-term investment opportunity, combining live water, accessibility, and scale; three of the most sought-after attributes in the Texas land market. Ideal for hunting, livestock, or a private retreat, with room for future improvements or income-producing potential. Conveniently located approximately 25 minutes to San Saba, 15 minutes to Llano, 1 hour to Fredericksburg, and 1.5 hours to Austin. Also within close proximity to Colorado Bend State Park and Lake Buchanan. Whether you're seeking a recreational ranch, operational property, or legacy investment, this is a rare opportunity to own a well-balanced piece of Texas land. Contact us today to schedule a private tour of this exceptional San Saba County ranch.
Full Property Details
Full Property Details for 10250 E Fm 501
General
- Price: $5,490,000
- Taxes: $3,798 (2025)
- Status: Active
- Type: Farm
- Source: Austin_MLS
- MLS ID: 5467294
- Updated: 4/17/2026
- Added to Site: 3 day(s) ago
Interior
- Appliances: Dishwasher, Gas Range, Microwave, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
- Bedrooms Main: 4
Additional Information
- Shared Amenities: None
Exterior
- Porch/Patio/Deck: See Remarks
Parking
- Carports: Yes
- Parking Features: Detached Carport, Driveway
Location
- Area: SS
- County: San Saba
- Subdivision: NA
- Driving Directions: From Fredericksburg: Head north on Highway 16 toward Llano, TX. Drive for approximately 16.5 miles, then turn right onto RM 501 E. Continue on RM 501 E for about 10 miles. The property will be on the right. For GPS Navigation: Use the address 10522 RM 501, San Saba.
School Information
- Elem School District: San Saba ISD
- Midd School District: San Saba ISD
- High School District: San Saba ISD
- Elementary School: San Saba
- Middle School: San Saba
- High School: San Saba
Utilities
- Sewer: Septic Tank
- Water: Well
- Well: Yes
- Utility Description: Electricity Connected, Sewer Connected, Water Available, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: Asbestos
- Stories/Levels: 1
- Square Feet: 1,766
- Sq. Ft. Source: Public Records
- Living Area: 1,766 Sq. Ft.
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: Barn(s), Guest House, Living Quarters, Residence, See Remarks, Storage, Workshop
Lot Features
- Property View: Hills, Panoramic, Rural, Creek/Stream
- Lot Size (Acres): 488
- Lot Size (Sq. Ft.): 21,257,280
- Fence: Yes
- Lot Features: Native Plants, Rolling Slope, Many Trees, Views, Wetlands
- Potential Use: Grazing, Horses
- Fencing (Description): Barbed Wire, Cross Fenced, Fenced, Gate, Livestock, Perimeter
Horse Property
- Horse Property: Yes
- Horse Facility Desc.: Barn, Corral(s), Hay Storage
Water Features
- Water Front Name: See Remarks
- Water Front Desc.: Creek, Pond, See Remarks
Financial Considerations
- Assessment Amount: $253,770
- Tax Amount: $3,798.21
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Aerial, Topographical Survey
- Multiple Parcels: Yes
- Legal Description: 488.52 ACRES 301 +- Acres out of Fisher & Miller Survey 353, Abstract A344 114.92 +- Acres out of C.C. Kreikenbaum Survey 127 Abstract A803 27.31+- Acres out of D. Beasley Survey Abstract A1722 45.11+- Acres out of G. Marske Survey 128 Abstract A909
- Disclosures/Reports: Seller Disclosure
- Property ID: 1204
Listed by Fredericksburg Realty
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Schools
Schools serving 10250 E Fm 501
School District:Cherokee Independent School District
| Name | Grades | Distance |
|---|---|---|
Cherokee School 305 North Indian Avenue, Cherokee, TX 76832 | PK-12 | 9.4 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 10250 E Fm 501
Date
Details
Price
Change
Source
4/16/2026
Listed
$5,490,000
—
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 10250 E Fm 501
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,144
11%
$253,770
10%
2022
$2,827
—
$230,750
10%
2022
$2,827
—
$210,310
10%
2022
$2,827
8%
$191,730
29%
2021
$2,606
—
$149,160
—
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 10250 E Fm 501
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