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B+
NoAgentList RatingHow are grades calculated? Info
Days176Days on Market
Views1view
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$1,999,999

281 Kloster LN, Blanco, TX, 78606

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,520 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1,315.79 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Cooktop, Electric Range, Stainless Steel Appliance(s), Water Softener Owned
FlooringTile, Wood

Exterior

Exterior FeaturesBalcony, Lighting
Lot Size11.25 acres

Land Information

APNR11659
Lot Number41
SubdivisionThe Divide
Land UseImprovements On Qualified Ag Land
Legal DescriptionTHE DIVIDE, LOT 41 (SBL), ACRES 11.25
Census Tract950201
Assessed Land Value$1,190
Assessed Improvement Value$50,800
Assessment Year2025

About this property

Welcome to Lonesome Dove Hill Country Ranch, a 38-acre stretch of Texas Hill Country where the skies go on forever, the views are unforgettable, and the land feels like something out of a storybook. Perched above an elevation of 1,400 ft, this property offers multiple build sites, each more stunning than the last. A seasonal creek cuts through the land, forming peaceful grottos and shaded rock ledges that make it feel like your own private park. It’s quiet here, the kind of quiet that lets you hear the wind move through the trees and the wildlife going about its day. With a current wildlife exemption, you get to enjoy the beauty of nature and benefit from low property taxes. Daily sightings of whitetail deer, turkey, and other native game are common here, and if you enjoy hunting, the land offers the privacy and habitat to support it. You can explore the many trails on foot or by UTV, whether hiking to a favorite lookout, watching wildlife, or cruising at sunset. At the heart of the property is the Lonesome Dove cabin, a 1,520 sq ft Hill Country retreat with big porches, warm wood interiors, and thoughtful finishes that echo the spirit of the land. It’s currently a VRBO, and the cabin easily transitions into a private guest house, temporary quarters while you build, or a weekend escape. Two large metal buildings offer incredible flexibility: a 5,000 sq ft structure with six roll-up doors and concrete floors, plus an additional 1,500 sq ft building. Ideal for storing UTVs, ranch equipment, launching a hobby space, or future expansion into guest quarters or a rec barn. And while the land feels remote, you’re just minutes from the town square in Blanco and an easy drive to Dripping Springs, Johnson City, and Canyon Lake. Austin and San Antonio are both within an hour, giving you access to major airports, healthcare, and dining, without sacrificing peace and privacy. This is where you can unplug, spread out, and build something that lasts

Investor Tools

Property Icon
$51,990
Estimated Property Value
$0Estimated Mortgage Balance
$51,990Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$12,000 /month
Positive
Cash Flow Estimate:
$4,000 /month

Interested in this property?

Mark Clausen

Compass RE Texas, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$80/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$702
$51,990
2025
$1,190
$50,800
$400,110
No

Tax History

Year
Tax Paid
Assessed Value
2025
$702
$51,990

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$51,990
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

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.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Blanco

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281 Kloster LN | Property Details | No Agent List