1020 Pursley Rd, Dripping Springs, TX 78620

$6,499,998 Asking Price

Introducing Mustang Branch 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 Branch 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!

Features & Amenities

Location

Road/Access:
None, Easement
Originating MLS:
Houston Association of Realtors
School District:
119 - Dripping Springs
County:
Hays

Lot

Zoning:
A0450 W B STEPHENSON SURVEY, ACRES 156.94 ; A0534 A R O'PRY, R18328

Utilities

Water:
Well

Financial

Source:
Houston Association of Realtors
Buyers Agent Compensation:
2
NA Compensation:
0

This listing courtesy of:
Ranchland Real Estate, Trey Bonner

About Dripping Springs, TX

Housing

Number of Units
8,813
Median Home Value
$422,813
Median Rent
$1,190

14.03% of housing units are renter occupied.

7.14% are vacant.

Commute

Car
40.06%
Public Transportation
0.11%
Walk to Work
0.66%
Work from Home
58.59%
Other
0.59%

The median travel time to work is 15 minutes.

People

Population
22,952
Median Age
42.20
Median Household Size
2.94

Education

High School
16.79%
Associate’s Degree
5.60%
Bachelor’s Degree
34.53%
Graduate Degree
16.67%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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