• Asking Price $6,499,998
  • Estimated Value: $67,971
  • 1020 PURSLEY RD DRIPPING SPRINGS, TX 78620

  • 2 Baths 1,000 SqFt
  • Single Family Home / Resale (MLS)

Property Details for 1020 PURSLEY RD, DRIPPING SPRINGS, TX 78620

Features

  • Price/sqft: $6,499
  • Lot Size: 208 sq. ft.
  • Total Rooms: 5
  • Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 1, Bathroom 2
  • Stories: 1

Facts

  • Year Built: 01/01/1958
  • Property ID: 873315159
  • MLS Number: 4023783
  • Parcel Number: R18327
  • Property Type: Single Family Home
  • County: Hays
  • Legal Description: A0450 A0450 - W B STEPHENSON SURVEY, ACRES 1, *TAXABLE % 03-27-17*
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. 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 propertys 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

Real Estate Professional In Your Area

Need help finding a home?
Contact a Real Estate Pro.



Are you a Real Estate Agent?

Get Premium leads by becoming a UltraForeclosures.com preferred agent for listings in your area

Learn More

Click here to view more details
Property Brokerage: Executive Real Estate Group 13444 FM 2769 Austin TX 78726
Copyright © 2024 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.



All information provided is deemed reliable, but is not guaranteed and should be independently verified.