Live-Water
For Sale
$28,000,000
Loop 165, Dripping Springs, TX 78620
Land, Dripping Springs, TX
Property SizeContact for details
Lot Size855.00 Acres
Days on Market86
Property Features for Loop 165
General Information
Property type
Land
Property subtype
Other
Parking features
Boat, RV
Vegetation
Grassed, Wooded, Cleared
Patio and Porch features
Deck
Exterior features
Awnings, Balcony, Barbecue, Deck, GasGrill, Lighting, OutdoorGrill, PrivateEntrance, PrivateYard, RainGutters, RvHookup, Storage
Fencing
Gate, Fenced
Fireplace
1
Lot features
Acreage, Agricultural, Cleared, Hardwood Trees, Landscaped, Pasture, Pond On Lot, Rolling Slope, Many Trees, Sprinkler System, Waterfront
View
Water
Elementary school
Lyndon B Johnson
Middle school
Lyndon B Johnson
High school
Lyndon B Johnson
Elementary school district
Johnson City ISD
Middle school district
Johnson City ISD
High school district
Johnson City ISD
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.
Standard status
Active
APN
See Agent
Lot size
855.00 Acres
Taxes and HOA fees
Tax Annual Amount
16200
Utilities
Sewer type
Septic Tank
Heating system
Electric (Heating), Fireplace(s), Central
Cooling system
Electric, Central Air, Ceiling Fan(s)
Water source
Well
Water front features
Waterfront, Creek
Water front
1
Building Details
Year built
2008
Architectural style
Other
Additional Structures
Storage, Barn(s)
Listing Agency:
Keller Williams Realty
(512) 448-4111
Listed By:
David Murray · License #0340639
(512) 448-4111
Added: Jun 5
Changed: Aug 29
Last Checked: Aug 29 at 4:06AM
MLS# 21291824
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 855-acre ranch in the Texas Hill Country includes nearly 1.5 miles of spring-fed Mustang Creek and multiple lakes created by dams along the waterway. Rolling valleys, elevated ridgelines, and broad views define the terrain. A 7,000-square-foot custom residence, built in 2008, offers six bedrooms and seven bathrooms, along with updated hardwood flooring, a renovated kitchen, elevator, wine room, Savant AV control system, negative-edge pool, and outdoor entertaining areas. Additional improvements include a two-bedroom, one-bath foreman's house, a three-bedroom, two-bath guest home, an equestrian facility, and an equipment barn.
The property is reached by a gated one-mile private paved road and is high fenced. It lies 2.5 miles from Highway 290, approximately 15 minutes west of Dripping Springs, and about 45 minutes from downtown Austin. Wildlife improvements include a managed wildlife plan, 10 deer feeders, six turkey feeders, and six established food plots. A well and septic system serve the ranch.
The property is reached by a gated one-mile private paved road and is high fenced. It lies 2.5 miles from Highway 290, approximately 15 minutes west of Dripping Springs, and about 45 minutes from downtown Austin. Wildlife improvements include a managed wildlife plan, 10 deer feeders, six turkey feeders, and six established food plots. A well and septic system serve the ranch.
Key Highlights
- 855‑acre ranch with nearly 1.5 miles of spring‑fed Mustang Creek
- Multiple deep lakes formed by dams along Mustang Creek
- 7,000‑square‑foot custom residence with 6 bedrooms and 7 bathrooms
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2
Businesses Nearby
Explore this area
Business Placement
Demographics for 78620, TX
20,493
Population
7,929
Households
2.6
Avg Household Size
43
Median Age
62%
College-Educated
97%
High-School Grad
175.6 sq mi
ZIP Area
117
Density / Sq Mi
$146,551
Median Household Income
$58,583
Median Earnings
$1,674
Median Rent
$624,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Ranch - Hill Country ranch with a custom residence, multiple lakes, equestrian improvements, and gated private access.
Where is this ranch located?
The property is located at Loop 165 Dripping Springs, TX.
What is the asking price?
The asking price for this property is $28,000,000.
What are key features of this property?
This property features: 855‑acre ranch with nearly 1.5 miles of spring‑fed Mustang Creek; Multiple deep lakes formed by dams along Mustang Creek; 7,000‑square‑foot custom residence with 6 bedrooms and 7 bathrooms
