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Days40Days on Market
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$1,004,025

5754 FM 165, Dripping Springs, TX, 78620

On MarketInfo
Baths0 Bath
Baths600 Sq Ft
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Entrance
Lot Size27,443 sqft

Land Information

APNR8806
SubdivisionAbs A1284 Survey 40 Moses Pullin
Land UseImprovements On Qualified Ag Land
Legal DescriptionABS A1284 SURVEY 40 MOSES PULLIN,ACRES 0.63
Assessed Land Value$60
Assessed Improvement Value$15,080
Assessment Year2024

About this property

* Please text agents for full inventory available* 1st time offered for sale, Private Road is a 188 +/- acre, 17-lot gated luxury ranchette community perched on one of the highest elevations in Blanco County. This is a rare opportunity to enjoy the tranquility and privacy of a low-density ranch community featuring 17 exclusive lots, ranging from 8 to 14 AC. Lots have been cleared and roads are complete. These expansive estate lots offer panoramic Hill Country views, rare topography, privacy, and proximity to Austin in one of the area’s most elevated settings. Every homesite is distinct, angled deliberately for views, privacy, and natural contours. Elevation, mature trees, and time itself create a setting that feels protected and quietly confident. Private Road offers complete freedom of expression where homes are not bound to a single builder or architect. Each homesite is positioned to capture long Hill Country views while preserving privacy and stillness. Outdoor spaces are carved into the terrain. Interiors open gradually, defined by light, shadow, and clean horizontal lines that anchor each structure to its surroundings. The material palette is quiet and enduring—limestone, steel, and thermally treated wood—chosen for how they age, not how they impress. Expansive glass softens the boundary between indoors and out, allowing the landscape to remain the focal point. Each residence is individually conceived, yet aligned in tone and restraint. Sustainability is inherent. Rainwater collection is integrated. Well water is reserved for the land. An agricultural exemption supports preservation and long-term stewardship.

Investor Tools

$0Estimated Mortgage Balance
$15,140Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,024 /month
Positive
Cash Flow Estimate:
$2,008 /month

Interested in this property?

William Steakley

DEN Property Group

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$23/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$197
$15,140
2024
$60
$15,080
$28,930
No

Tax History

Year
Tax Paid
Assessed Value
2024
$197
$15,140

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$15,140
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: Dripping Springs

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5754 FM 165 | Property Details | No Agent List