00 LOOP 165, DRIPPING SPRINGS, TX 78620
Homes for sale in Dripping Springs.
Homes for sale in 78620.
List Price$28,000,000
00 Loop 165
Dripping Springs, TX 78620
Listing #615581
About This Property
Extraordinary 855-acre live-water ranch in the heart of the Texas Hill Country, located 15 minutes west of Dripping Springs, 2.5 miles from Highway 290, & approximately 45 minutes from downtown Austin. The property features nearly 1.5 miles of spring-fed Mustang Creek, flowing year-round--even in drought conditions--& dammed to create multiple deep lakes ideal for fishing, swimming, & paddleboarding. The renowned vineyard region (between Johnson City & Fredericksburg) is just 30 minutes away, as well as Wimberley. The land showcases dramatic elevation changes, with rolling valleys and commanding hilltops that deliver sweeping panoramic views in every direction. Crowning one of these hilltops is a 7,000 sq ft custom residence offering six bedrooms & seven bathrooms, thoughtfully upgraded with new hardwood floors, a fully updated kitchen, an elevator, a dedicated wine room, & a Savant AV control system. Outdoor living is equally impressive, with a negative-edge pool & expansive entertaining areas that take full advantage of the surrounding vistas. Privacy is paramount, with access provided by a gated, one-mile private paved road, & the entire ranch is high fenced. A large pond greets you at the entrance, & wildlife is abundant throughout the property. The ranch is managed under a wildlife plan and includes 10 deer feeders, six turkey feeders, & six established food plots, supporting a thriving habitat. Additional improvements near the creek include a two-bedroom, one-bath foreman's house, a rustic three-bedroom, two-bath guest home, a well-designed equestrian facility, & a large equipment barn. Whether envisioned as a recreational retreat, hunting ranch, legacy estate, or private sanctuary, this property represents a rare offering that captures the very best of Texas ranch living and is a once in a generation opportunity for a ranch of this size and quality this close to Austin. Additional 2,300+/- acres available; see Agent for more information.
Property Features
Location Information
County
Hays
Directions
Go west on Hwy 290 towards Dripping Springs, 15 min past Dripping Springs turn Left on FM 165, Left on Loop 165 to entrance on left.
Interior Features
Interior
Wet Bar, Ceiling Fan(s), Separate/Formal Dining Room, Double Vanity, Entrance Foyer, Elevator, High Ceilings, Primary Downstairs, Multiple Living Areas, Multiple Dining Areas, Main Level Primary, Recessed Lighting, Separate Shower, Walk-In Closet(s), Wired for Sound, Bre
Cooling
Central Air
Full Baths
10
Floors
Carpet, Tile
Has Fireplace
Yes
Laundry
Washer Hookup, Laundry Room, Other, See Remarks
Fireplace Description
Living Room, Wood Burning, Outside
Appliances
Convection Oven, Down Draft, Double Oven, Dishwasher, Disposal, Other, Refrigerator, See Remarks, Trash Compactor, Built-In Oven, Cooktop
Heating
Central, Fireplace(s)
Exterior Features
Style
Traditional
Garage Spaces
3
Stories
2
Fencing
Other, Perimeter, See Remarks
Construction/Exterior
Frame, Other, Stone, See Remarks, Stucco
Has a Pool
Yes
Exterior
Covered Patio, Horse Facilities, Outdoor Grill, Other, Patio, Private Yard, See Remarks, Water Feature
Lot Size in Acres
855
Foundation
Slab
Water Body
Creek/Stream, Hill Country View, Panoramic, Other-See
Possession
Closing & Funding, Closing
Has Waterfront
Yes
Water / Sewer
Septic Tank
Has View
Yes
Parking Description
Door-Multi, Detached, Garage, Golf Cart Garage, Other, See Remarks
View
Hills, Other, Panoramic, Creek/Stream, Pool
Has Garage
Yes
School
School District
Johnson City ISD
Additional Information
Roof/Attic
Other, See Remarks, Tile
Year Built
2008
Other Utilities
Electricity Available, Other, Phone Available, See Remarks
Status
Active
Property Type
FRM
Documents Available
Aerial, Other, See Remarks, Water/Well Report
Property SubType
Acreage
Square Feet Source
Owner
Property SubType 2
Farm
Mortgage Calculator
$130,764
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$100,898
Monthly Tax
$23,333
Monthly Insurance
$6,533
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
Listings Courtesy of Keller Williams Realty - SW 512-448-4111
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Central Texas MLS data last updated at June 7, 2026, 8:01 PM CT
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