• 1020 Pursley Rd Road Dripping Springs, TX 78620

  • $6,499,998
  • 1,000
    Sq Ft
  • 208
    Acres

Introducing Mustang Ranch, just 8.7 miles west of Dripping Springs, Texas! This 208+/- acre ranch features some of the most sought-after features in a Hill Country ranch including big vantage point views, large cliffs, rock formations, waterfront enjoyment, rolling pastures, large grand live oak trees, 5 ponds, a modest ranch house, and is heavily rich in Texas wildlife. Mustang Ranch features 1,650+/- feet of both sides of the spring-fed Mustang Branch which meanders through the ranches northwest side offering big views on the high bank and enjoyment of the creek on the low bank. Scenic open grass fields, large live oak trees, and cedar elm trees next to Mustang branch flow throughout the landscape, adding to the property’s natural charm. A true Hill Country ranch perfect to build your custom home just 15 minutes from downtown Dripping Springs! Ag Tax Exempt in place. Fantastic 1031 property! WATER: The ranch has 3 out of 5 ponds that currently hold water, two water wells, and 1,650+/- feet of Mustang Branch which feeds into Onion Creek. TOPOGRAPHY: The ranch offers a wide variation from essentially flat land, to box canyons, to a large ravine/valley. The primary topographic characteristic of the ranch is the Mustang Branch which bisects the ranch in a North to South direction in the northwest corner of the ranch. The highest elevation point is at the South side of the ranch at an estimated 1400 ft and the lowest elevation is at the Northwest corner of the ranch at an estimated 1220 ft. The elevation change between the Mustang Branch and the cliffs that overlook the creek is an estimated 60 ft. AREA HISTORY: The ranch traces its origins back to the 1800s when it was established by a German cattle ranching family. Today, remnants of the old German ranch house, including its fireplace and chimney, still stand on the property, serving as reminders of its rich history. This ranch is co-brokered by Ranchland Real Estate and Executive Real Estate Group

Property Type :

Farm

County :

Hays

Style :

Farm

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Property Details

 

Bedroom Information

Total Bedrooms : 0

Bathroom Information

Total Baths: 0

Room Information

1000

Total Rooms: 0

Interior Features

Property Appliances: Oven

Building Information

Year Built: 1958

Construction: Brick

Fencing: Barbed Wire

Patio And Porch Features: Patio

View: Hills,Creek/Stream,Trees/Woods

Exterior Features

Window Features: Blinds

Laundry Features: Laundry Room

Lot Information

Lot Description: Bluff,Gentle Sloping,Rolling Slope,Trees Medium Size,Views

Lot Size Acres: 208

Property Information

SQ ft: 1,000

Subdivision: n/a

Directions: Starting from Dripping Springs, Texas head west on Highway 290 for 4.9 miles. Then, make a left turn onto Holder Lane. Continue for 0.9 miles, then take a right onto Creek Road. Travel for 2 miles and turn left onto Pursley Road. After 0.9 miles, make a right onto the easement road. Mustang Ranch will be 0.5 miles down the easement road.

Source Property Type: Farm

Property SubType: Other

Area: HD

Source Neighborhood: n/a

Total Square Feet Living: 1000

Pool Private: Yes

Property Age: 66

Utilities: Above Ground Utilities,Electricity Connected,Water Available

Listing Price Information

Original List Price: $6,499,998

Tax Information

Parcel Number: R18328

Homeowners Association Information

Association: No

Community Features: None

School Information

Elementary School: Dripping Springs

Middle/Junior High School: Dripping Springs Middle

Senior High School: Dripping Springs

Nearby Home Value

The information being provided by ACTRIS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the ACTRIS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by ACTRIS.

ByOwner last updated this listing 05/04/2024 @ 17:38

MLS: 4023783
LISTED BY: Clayton Bonner, Ranchland Real Estate
SOURCE: ACTRIS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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