1020 Pursley Road

Dripping Springs, TX 78620

$6,499,998
Price
9,060,480 / 208
Lot Size / Acres

Description

Introducing Mustang 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 Ranch features 1,650+/- feet of both sides of the spring-fed Mustang Branch which meanders through the ranches northwest...Introducing Mustang 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 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! WATER: The ranch has 3 out of 5 ponds that currently hold water, two water wells, and 1,650+/- feet of Mustang Branch which feeds into Onion Creek. TOPOGRAPHY: The ranch offers a wide variation from essentially flat land, to box canyons, to a large ravine/valley. The primary topographic characteristic of the ranch is the Mustang Branch which bisects the ranch in a North to South direction in the northwest corner of the ranch. The highest elevation point is at the South side of the ranch at an estimated 1400 ft and the lowest elevation is at the Northwest corner of the ranch at an estimated 1220 ft. The elevation change between the Mustang Branch and the cliffs that overlook the creek is an estimated 60 ft. AREA HISTORY: The ranch traces its origins back to the 1800s when it was established by a German cattle ranching family. Today, remnants of the old German ranch house, including its fireplace and chimney, still stand on the property, serving as reminders of its rich history. This ranch is co-brokered by Ranchland Real Estate and Executive Real Estate Group
  1. Listed by Clayton Bonner • TREC #0756460 • Ranchland Real Estate • (512) 829-5522

Property Details for 1020 Pursley Road

Subdivision Name
n/a
Waterfront
No
Waterfront Description
Creek
Water Access Description
Creek
View
Hills, Creek/Stream, Trees/Woods
View YN
Yes
Parcel Number
R18328
Elementary School
Dripping Springs

Location

Listing Courtesy of Ranchland Real Estate, Clayton Bonner, TREC #0756460
Add your commute
LISTING UPDATED: 04/19/2024 06:49 AM

Property Details for 1020 Pursley Road

StatusActive
MLS #4023783
Days on Market14
Taxes$440 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeFarm / Other
Year Built1958
Lot Size208.00 AC
CountyHays County

Location

Listing Courtesy of Ranchland Real Estate, Clayton Bonner, TREC #0756460
Add your commute

Building Information for 1020 Pursley Road

Lot Size208.00 AC

Payment Calculator

$35,510 per month

30 year fixed, 7.25% Interest

Principal and Interest

$35,473

Property Taxes

$37

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1020 Pursley Road

General Information
Parking
  • Parking Features: Garage
  • Garage: Yes
Interior
  • Appliances: Oven
  • Restrictions: No Restrictions
Exterior
  • New Construction: No
  • Construction Materials: Brick
  • Patio And Porch Features: Porch
  • Fencing: Barbed Wire
  • Community Features: None
Property Information
Lot Information
  • Lot Features: Bluff, Gentle Sloping, Rolling Slope, Trees Medium Size, Views
  • Road Surface Type: Caliche
  • Horse: No
  • Corporate Owner Allowed YN: Yes
  • Horse Amenities: None
Location Information
  • Leases: None
Utilities
  • Utilities: Above Ground Utilities, Electricity Connected, Water Available
Financial Information
Taxes and HOA Information
  • Tax Assessed Value: $29,130
  • Additional Parcels: Yes
  • Additional Parcels Description: R19341
  • Tax Year: 2023
Showing Information
Showing Information
  • Directions: Starting from Dripping Springs, Texas head west on Highway 290 for 4.9 miles. Then, make a left turn onto Holder Lane. Continue for 0.9 miles, then take a right onto Creek Road. Travel for 2 miles and turn left onto Pursley Road. After 0.9 miles, make a right onto the easement road. Mustang Ranch will be 0.5 miles down the easement road.

Property History for 1020 Pursley Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1020 Pursley Road

Taxable ValueLand$25,380Additions$5,000Total$30,380
Tax Record2022$452 ($38 / month)
Home Facts
Beds0Total Finished SqFt1,482 SqFtAbove Grade Finished SqFt1,482 SqFtStories1Lot Size43,560 SqFtStyleMiscellaneous ResidentialYear Built1958CountyHAYSAPNR18327

Schools near 1020 Pursley Road

This home is within Johnson City Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Lyndon B Johnson Elementary School
PublicPK to 5

Lyndon B Johnson Middle School
Public6 to 8

Lyndon B Johnson High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1020 Pursley Road is a 208 ac of land for sale in Dripping Springs, TX 78620. This property was listed for sale on April 19, 2024 by Ranchland Real Estate, it's currently listed at $6,499,998. This listing's school district is Johnson City Independent School District. Nearby schools include Lyndon B Johnson Elementary School, Lyndon B Johnson Middle School and Lyndon B Johnson High School. 1020 Pursley Road is a 0-bed, 0-bath, 1,000 sqft 208 ac of land built in 1958 on a 9,060,480 sq. ft. / 208 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Ranchland Real Estate, Clayton Bonner, TREC #0756460

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, Waco Association of REALTORS, and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2024 Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All rights reserved. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. All area measurements and calculations are approximate and should be independently verified. Data may be subject to transcription and transmission errors. Accordingly, the data is provided on an “as is” “as available” basis only and may not reflect all real estate activity in the market”. © [2024] REsides, Inc. All rights reserved. Certain information contained herein is derived from information, which is the licensed property of, and copyrighted by, REsides, Inc.