$2,635,000
49405 State Hwy 118 S, Alpine, TX, 79830
About this property
Elk Draw offers 3,100+/- acres with expansive views of mountains in all directions. The ranch gives numerous possibilities to its next owner. About 500 acres are on the westside of Calamity Creek and is easily accessed from Highway 118. There are excellent sites for a lodge home in this area. The balance of the ranch is on the east side of the creek with more rugged terrain and holds a ton of game. A great deal of evidence of elk and mule deer can be seen throughout the ranch in many forms.
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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: Alpine
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