$50,000,000
0000 FM 165, Dripping Springs, TX, 78620
About this property
Just 15 minutes west of Dripping Springs, on the edge of Austin's Hill Country, a rare legacy property unfolds across 2,300+ breathtaking acres — a ranch of scale, beauty, and proximity almost impossible to replicate this close to the city. An additional 855+/- acres are available for a total of 3,200+/- acres. Live water — true, year-round live water — shaded by mature oak trees. Ideal for fishing, paddle boarding, kayaking, or simply enjoying quiet mornings along the shoreline. An 11-acre spring-fed lake anchors the landscape, complemented by several additional ponds scattered throughout the property. The terrain is equally dynamic — deep valleys give way to panoramic hilltop views stretching for miles. A well-built internal road system provides excellent access for ATVs, horseback riding, and exploration. Entirely high-fenced with four separate entrances, the main gate sits just 2.5 miles from Highway 290. Despite its seclusion, you're only ~45 minutes from Central Austin and under an hour to Austin-Bergstrom International Airport. Located in Hays County, the ranch is primarily served by Dripping Springs ISD and Johnson City ISD, with portions in Wimberley and Blanco ISD. The property also offers potential for a 4,400-foot airstrip — just 25 minutes from Texas' fastest-growing vineyard region and under an hour to the Hill Country's most celebrated destinations. Ranches of this magnitude — with true live water and this proximity to Austin — rarely come to market and often do not trade again for decades. An extraordinary opportunity to own a legacy property or private Hill Country sanctuary that simply cannot be recreated.
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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Dripping Springs
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