Price Undisclosed
SOLD JAN 27, 2025

1020 Pursley Rd Dripping Springs, TX 78620

208 Acres
-- Price per Acre
9,060,480 Sq Ft Lot

Recently Sold

$4,386 Per Sq Ft

263 Days on Market

About This Lot

As of January 2025

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!

Last Agent to Sell the Property

Trey Bonner

Ranchland Real Estate License #0541849 Listed on: 05/02/2024

Last Buyer's Agent

Trey Bonner

Ranchland Real Estate License #0541849 Listed on: 05/02/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $439

Lot Details

  • 208 Acre Lot
  • Dirt Road

Schools

  • Walnut Springs Elementary School (Dripping Springs
  • Dripping Springs Middle School
  • Dripping Springs High School

Utilities

  • Well

Property Details

Property Type

Land

Est. Annual Taxes

$439

Lot Details

0

Listing Details

  • 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.
  • Prop. Type: Land
  • Lot Size Acres: 208.0
  • Road Frontage Type: None
  • Road Surface Type: Dirt
  • Subdivision Name: none
  • Garage Yn: No
  • New Construction: No
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Cattle, Hunting, Ranch

Exterior Features

  • Disclosures: Easement(s), None
  • Pool Private: No

Utilities

  • Water Source: Well

Schools

  • Elementary School: WALNUT SPRINGS ELEMENTARY SCHOOL (DRIPPING SPRINGS
  • Junior High Dist: 119 - Dripping Springs
  • High School: DRIPPING SPRINGS HIGH SCHOOL
  • Middle Or Junior School: DRIPPING SPRINGS MIDDLE SCHOOL

Lot Info

  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 439.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 6, 2025
Sold by
Psalm 23 Family Investment Llc
Bought by
Evans Lauren Abigail

Purchase Details

Listed on
Apr 19, 2024
Closed on
Oct 9, 2024
Sold by
Pickwell Michael J and Pickwell Sonya K
Bought by
Psalm 23 Family Investment Llc
Seller's Agent
Clayton Bonner
Ranchland Real Estate
Buyer's Agent
Josh Smith
Keller Williams Realty
List Price
$6,499,998
Views
10
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Gift Deed -- None Listed On Document
Deed -- Texas National Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2025 01/27/25 Sold -- -- --
10/09/2024 10/09/24 Sold -- -- --
05/02/2024 05/02/24 For Sale $6,499,998 0.0% $4,386 / Sq Ft
04/19/2024 04/19/24 For Sale $6,499,998 -- $6,500 / Sq Ft
Source: Houston Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $366 $23,410 $3,982,730 $0
2023 $346 $22,930 $3,982,730 $0
2022 $357 $20,920 $3,375,200 $0
2021 $385 $20,570 $1,687,600 $0
2020 $366 $19,570 $1,469,200 $0
2019 $363 $17,590 $1,230,950 $0
2018 $23,929 $1,153,910 $1,153,910 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Houston Association of REALTORS®

MLS Number: 39282933

Houston Association of REALTORS®

APN: R18328