6 months on rocket

1020 Pursley Rd, Dripping Springs, TX, 78620

$6,499,998

208.00 Acres
Land

Location

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Property Highlights

Home TypeOther
MLS #39282933
Lot Size208.00 Acres
StatusActive

About 1020 Pursley Rd

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

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.

Med. Sold Price

$714.1K

Med. Price/SqFt

$260

Avg. Days On Market

111

# of Sold Homes

28

1020 Pursley Rd vs Dripping Springs

196 DAYS ON ROCKET

+85 Days

$6,499,998

+$5.7M More

KEY TAKEAWAY

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

Broker ReciprocityDisclaimer: 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”.

Copyright© 2024 Houston Realtors Information Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 11/14/2024, 6:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
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.

Payment Calculator

$32.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$19.5K

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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.

Nearby Schools

school-card-donut-147319
7
/10
  • Walnut Springs Elementary School

  • 300 Sportsplex Dr

  • 6.18 miles

  • Public District Grades PK-5

school-card-donut-147320
6
/10
  • Dripping Springs Elementary School

  • 29400 Ranch Road 12

  • 7.52 miles

  • Public District Grades PK-5

school-card-donut-147321
4
/10
  • Jacob's Well Elementary School

  • 3470 FM 2325

  • 10.19 miles

  • Public District Grades 3-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $119,697. Residents of Dripping Springs, TX typically earn between $100k-200k each year. Residents typically live in married, no kids family. Typical level of education for residents in this area is post secondary degree.

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 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).

How much acreage is this property?

The property 1020 Pursley Rd is 208.00 acres.
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Rocket HomesTexasHays CountyDripping Springs786201020 Pursley Rd

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.

Dripping Springs, TX housing market in October 2024 saw over 1 listings sold above listed price, more than 3 sold at listed price and over 24 sold below. The number of homes for sale in Dripping Springs, TX increased by 11.2% between September 2024 and October 2024. While the average time on the market in October 2024 was 111 days, the median list price was $714,132.

From Rocket Homes Real Estate and based on county public records data.

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