T
Seller's Agent in 2025
Trey Bonner
Ranchland Real Estate
(713) 444-4114
6 Total Sales
Last list price
1020 Pursley Rd Dripping Springs, TX 78620
--
Bed
--
Bath
1,000
Sq Ft
208
Acres
Highlights
- Barn
- Private Pool
- View of Trees or Woods
- Dripping Springs Middle School Rated A
- Home fronts a creek
- 208 Acre Lot
About This Home
As of January 2025Introducing 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 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!
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
Last Agent to Sell the Property
Ranchland Real Estate Brokerage Phone: (512) 829-5522 License #0756460 Listed on: 04/19/2024
Property Details
Property Type
- Other
Est. Annual Taxes
- $366
Year Built
- Built in 1958
Lot Details
- 208 Acre Lot
- Home fronts a creek
- Barbed Wire
- Bluff on Lot
- Lot Has A Rolling Slope
- Wooded Lot
- R19341
- Property is in excellent condition
Parking
- Garage
Property Views
- Woods
- Creek or Stream
- Hills
Home Design
- 1,000 Sq Ft Home
- Farm
- Brick Exterior Construction
Outdoor Features
- Private Pool
- Porch
Schools
- Dripping Springs Elementary School
- Dripping Springs Middle School
- Dripping Springs High School
Farming
- Barn
- 5 Stock Tanks or Ponds
Additional Features
- Oven
- Above Ground Utilities
Listing and Financial Details
- Assessor Parcel Number R18328
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
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Home Values in the Area
Average Home Value in this Area
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: Unlock MLS (Austin Board of REALTORS®)
Tax History Compared to Growth
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
-
Trey Bonner
-
Clayton Bonner
C
Seller's Agent in 2024
Clayton Bonner
Ranchland Real Estate
(512) 696-7988
8 Total Sales
-
Josh Smith
J
Buyer's Agent in 2024
Josh Smith
Keller Williams Realty
(512) 699-4684
12 Total Sales
Map
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 4023783
APN: R18328
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