Mustang Springs Ranch

$70,000,000
Available

Property Details

ID: 119680
Status: Available
Price: $70,000,000
Acres: 3,200
Price Per Acre: $21,875
Address: Loop 165
City, State: Dripping Springs, Texas
County: Hays
Zip Code: 78620
Presented By: Dave Murray

Description

Just 15 minutes west of Dripping Springs, this more than 3,200-acre Hill Country ranch combines spring-fed live water, an 11-acre lake, expansive views, and a 7,000+ square-foot hilltop residence. Approximately 45 minutes from Central Austin, the property offers the scale and privacy of a legacy ranch within easy reach of the city.

Smaller acreage options available:

 

LAND & TERRAIN

Deep valleys, mature oak groves, rolling pastures, and panoramic hilltops create a varied landscape across the ranch. An internal road system provides access for ranch operations and recreation, with room to develop additional trails for horseback riding, hiking, biking, and ATV use.

 

HOMES & IMPROVEMENTS

The 7,000+ square-foot primary residence sits on a hilltop with sweeping views and can be enjoyed as-is or reimagined as a signature estate. Two rustic homes near the creek provide guest accommodations. A large equipment barn and dedicated equestrian barn support a range of ranch uses.

 

WATER & INFRASTRUCTURE

Year-round live water flows from springs originating on the property. Dams create broad stretches of water, while an 11-acre spring-fed lake and several ponds offer places to fish, kayak, paddleboard, and gather. The ranch is entirely high fenced, has five entrances, and offers generous pasture for horses or cattle. The main gate is approximately 2.5 miles from Highway 290.

 

RECREATION & ACCESS

Explore the ranch by horseback or ATV, fish its spring-fed waters, or take in the views from its hilltops. The property is under an hour from Austin-Bergstrom International Airport. A potential 4,400-foot airstrip could provide another access option, subject to feasibility and approvals.

 

THE OPPORTUNITY

This offering presents an opportunity to establish a multigenerational family compound, private retreat, or working ranch on a scale rarely available this close to Austin. Its combination of acreage, live water, existing homes, and recreational potential invites a vision that can grow over generations.

A property of this scope must be experienced in person. Once you tour the land, walk the water, and stand on the hilltops, the vision becomes unmistakable.

 

Tax Information:

  • Tax Year: 2024
  • Tax Rate: 1.4941
  • Exemptions: Wildlife

School Information:

  • Spans Multiple Districts: Primarily Dripping Springs and Johnson City ISD, also includes Wimberley ISD, and Blanco ISD
  • Elementary School: Lyndon B. Johnson
  • Middle School: Lyndon B. Johnson
  • High School: Lyndon B. Johnson

Well Information:

  • Well 1: 640 ft deep, 30gpm
  • Well 2: 485 ft deep, 45-50gpm
  • Well 3: 790 ft deep, 15gpm
  • Well 4: 720 ft deep, 20+gpm
  • Well 5: 750 ft deep, 25gpm
  • Well 6: 530 ft deep, 30-40gpm
  • Well 7: 530 ft deep, 25gpm
  • Well 8: 550 ft deep, 50gpm
  • Well 9: 450 ft deep, 75gpm
  • Well 10: 750 ft deep, 20-25gpm

Showing Instructions:

Contact listing office to schedule: (512) 751-6060 | info@dmtx.com

Additional Details

Home Details

Sq Ft: 7000
Beds: 11
Full Baths: 10
Pool Features: Infinity

Additional Info

School District: Dripping Springs ISD
Wildlife: Turkey, Ducks, Whitetail Deer, Pheasants
Recreation: ATV Trails, Bike Trails, Equestrian Trails, Fishing, Hiking Trails, Hunting, Watersports
Water Access: Creek, Lake, Pond
Improvements: Barn, Cabin, Farm House, Garage, Fencing, Pond, Well
Horse Amenities: Barn, Hay Storage, Pasture

Financial

Exemptions: Wildlife
Dave Murray
Dave Murray
Owner & Broker

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