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Live-Water Hill Country Ranch Land

Loop 165 Dripping Springs, TX 78620

Loop 165, Dripping Springs, TX, 78620
$28,000,000
For Sale
$28,000,000

LAND - Other - Dripping Springs, TX

Lot Size855.00 Acres
Days on Market47

Property Features for Loop 165

General Information

Property type
Land
Property subtype
Other
Parking features
RV, Boat
Vegetation
Cleared, Grassed, Wooded
Patio and Porch features
Deck
Exterior features
Awnings, Balcony, Barbecue, Deck, GasGrill, Lighting, OutdoorGrill, PrivateEntrance, PrivateYard, RainGutters, RvHookup, Storage
Fencing
Gate, Fenced
Fireplace
1
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
Central Air, Ceiling Fan(s), Electric
Water source
Well
Water front features
Creek, Waterfront
Water front
1

Building Details

Year built
2008
Architectural style
Other
Additional Structures
Barn(s), Storage
Listing Agency Keller Williams Realty
Austin, TX
Listed by David Murray · License #TREC#0340639
Added: Jun 5 Updated: Jul 10 at 10:39 pm Checked: Jul 21 at 12:06 am
MLS# 21291824 Listing URL

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.

A live-water Hill Country ranch land tract featuring nearly 1.5 miles of spring-fed Mustang Creek that flows year-round, with damming that creates multiple deep lakes. The property is high fenced and accessed via a gated, one-mile private paved road, beginning with a pond at the entrance. The land includes dramatic elevation changes with rolling valleys and commanding hilltops offering panoramic views.

On-site improvements include a custom 7,000-square-foot residence located on a hilltop, with six bedrooms and seven bathrooms, upgraded hardwood floors, a fully updated kitchen, an elevator, a dedicated wine room, and a Savant AV control system. Outdoor amenities include a negative-edge pool and expansive entertaining areas designed around the surrounding views. Additional structures near the creek include a two-bedroom, one-bath foreman’s house, a rustic three-bedroom, two-bath guest home, an equestrian facility, and a large equipment barn.

For buyers seeking a self-contained ranch environment, the property is managed under a wildlife plan and includes 10 deer feeders, six turkey feeders, and six established food plots. The setup supports a maintained habitat and day-to-day ranch operations alongside recreational water amenities. The ranch is positioned about 15 minutes west of Dripping Springs and roughly 2.5 miles from Highway 290, with approximately 45 minutes to downtown Austin.

Key Highlights

  • 855‑acre Texas Hill Country live‑water ranch with nearly 1.5 miles of spring‑fed Mustang Creek, year‑round, dammed to create deep lakes
  • 7,000 SF custom residence (built 2008) with 6 bedrooms and 7 bathrooms; includes elevator, dedicated wine room, and Savant AV control system
  • Gated, 1‑mile private paved road and high fenced ranch for privacy; pond at the entrance

Property Analytics

Location Intelligence

Current Use by Public Records

Ranches

FAQs

What type of property is this?
Ranch - Gated, high-fenced Hill Country ranch with spring-fed Mustang Creek and multiple deep lakes for outdoor recreation.
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 Texas Hill Country live‑water ranch with nearly 1.5 miles of spring‑fed Mustang Creek, year‑round, dammed to create deep lakes; 7,000 SF custom residence (built 2008) with 6 bedrooms and 7 bathrooms; includes elevator, dedicated wine room, and Savant AV control system; Gated, 1‑mile private paved road and high fenced ranch for privacy; pond at the entrance
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