Introducing Mustang Branch 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 Branch 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!
Property Details
Property Features
Listing Office:
Office Name: Ranchland Real Estate
Office Phone: (512) 829-5522
Listing Agent: Trey Bonner
Exterior Features
Exterior Information:
Private Pool: No
Virtual/3D Tour
Virtual Tour: 1020 Pursley Rd
Virtual Tour
Lot Features
Lot Information:
Lot Size: 208.00 Acres
School Info
Assigned Schools Information:
Dripping Springs High School, Public District Grades 9-12
Dripping Springs Middle School, Public District Grades 6-8
Walnut Springs Elementary School, Public District Grades PK-5
Other
Directions 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.
Price Information
Listing Price Info
Price Summary:
List Price: $6,499,998
Tax Information:
Annual Amount: $269
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Dripping Springs, TX.
This property is $5.7M more than the Median Sold Price in Dripping Springs, TX.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: HAR
MLS Number: #39282933
Listing Office:
Office Name: Ranchland Real Estate
Office Phone: (512) 829-5522
Listing Agent: Trey Bonner
Disclaimer: The MLS data is provided exclusively to Participants or Subscribers for display on their website solely for consumers’ personal, non-commercial use, that the MLS data may not be used for any purpose other than to display prospective properties consumers may be interested in purchasing or leasing. Information contained on the computer print-outs of the Multiple Listing Service (MLS) of the HOUSTON REALTORS® INFORMATION SERVICE (HRIS) is furnished by MLS Participants for dissemination to other MLS Participants, for their exclusive use, and should not be relied upon by Buyer/Tenant or any other person. There is no express or implied warranty by HRIS or MLS as to the accuracy of such information, which should be independently verified by Buyer/Tenant or such other person. MLS does not verify the information and disclaims any responsibility for its accuracy. Any estimate of value was prepared using automated processes and should not be considered a comparative market analysis (CMA) or appraisal. You may contact us to provide additional information and analysis for a more accurate estimate of the property's value. Digital images modified or enhanced to alter real property characteristics contain a visible and legible watermark across the bottom of the image “Image does not represent actual property as is”.
Last updated on: 5/17/2024, 5:20:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$269
$15,750
2020
$268
$14,360
2019
$2,317
$12,840
2018
$2,318
$112,390
2017
$2,144
$109,010
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
7
/10
Walnut Springs Elementary School
300 Sportsplex Dr
Distance between this listing and this school6.21 miles
Public District Grades PK-5
Middle School
7
/10
Dripping Springs Middle School
111 Tiger Ln
Distance between this listing and this school5.21 miles
Public District Grades 6-8
High School
6
/10
Dripping Springs High School
940 W Highway 290
Distance between this listing and this school5.94 miles
Public District Grades 9-12
Assigned Schools
7
/10
Walnut Springs Elementary School
300 Sportsplex Dr
Distance between this listing and this school6.21 miles
Public District Grades PK-5
Nearby Schools
4
/10
Jacob's Well Elementary School
3470 Ranch Rd 2325
Distance between this listing and this school6.23 miles
Public District Grades 2-5
6
/10
Dripping Springs Elementary School
29400 Ranch Road 12
Distance between this listing and this school7.51 miles
Public District Grades PK-5
Assigned Schools
7
/10
Dripping Springs Middle School
111 Tiger Ln
Distance between this listing and this school5.21 miles
Public District Grades 6-8
Nearby Schools
7
/10
Danforth Jr High School
200 Texan Blvd
Distance between this listing and this school11.85 miles
Public District Grades 6-8
7
/10
Blanco Middle School
1500 Rocky Rd
Distance between this listing and this school14.80 miles
Public District Grades 6-8
Assigned Schools
6
/10
Dripping Springs High School
940 W Highway 290
Distance between this listing and this school5.94 miles
Public District Grades 9-12
Nearby Schools
2
/10
Pathfinder Camp
20800 Fm 150 W
Distance between this listing and this school7.30 miles
Public Charter Grades 7-11
6
/10
Wimberley High School
100 Carney Ln
Distance between this listing and this school11.66 miles
The neighbors living near this home have an average income of $119,697. The most common annual income of people living in Dripping Springs, TX is between $100k-200k. The majority of families are married, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1020 Pursley Rd
What is the listing price of this property?
The listing price of 1020 Pursley Rd property is $6,499,998.
What type of property is this?
The property 1020 Pursley Rd is land located in Dripping Springs, Texas, 78620.
Is this property for sale now?
Active Listing: 1020 Pursley Rd is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 1020 Pursley Rd are: Walnut Springs Elementary School: GreatSchools Rating 7/10Dripping Springs Middle School: GreatSchools Rating 7/10Dripping Springs High School: GreatSchools Rating 6/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $269 (source: MLS/based on county public records data).
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This home is located at 1020 Pursley Rd in Dripping Springs, TX and zip code 78620. This home sits on a 208.00 acre lot. It has been listed on Rocket Homes since May 02, 2024 and is currently priced at $6,499,998.
In April 2024, from all listings sold in Dripping Springs, TX there were more than 4 sold above asking price, over 32 sold below and more than 5 were sold right at the asked price. The number of listings in Dripping Springs, TX increased by 14% between March 2024 and April 2024. Listings spent 80 days on the market in April 2024, and had a median list price of $718,666 during the same period.
From Rocket Homes Real Estate and based on county public records data.
Disclaimer: The MLS data is provided exclusively to Participants or Subscribers for display on their website solely for consumers’ personal, non-commercial use, that the MLS data may not be used for any purpose other than to display prospective properties consumers may be interested in purchasing or leasing. Information contained on the computer print-outs of the Multiple Listing Service (MLS) of the HOUSTON REALTORS® INFORMATION SERVICE (HRIS) is furnished by MLS Participants for dissemination to other MLS Participants, for their exclusive use, and should not be relied upon by Buyer/Tenant or any other person. There is no express or implied warranty by HRIS or MLS as to the accuracy of such information, which should be independently verified by Buyer/Tenant or such other person. MLS does not verify the information and disclaims any responsibility for its accuracy. Any estimate of value was prepared using automated processes and should not be considered a comparative market analysis (CMA) or appraisal. You may contact us to provide additional information and analysis for a more accurate estimate of the property's value. Digital images modified or enhanced to alter real property characteristics contain a visible and legible watermark across the bottom of the image “Image does not represent actual property as is”. 
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