Seller's Agent in 2023
Mark Clausen
Compass RE Texas, LLC
(512) 853-0846
1 in this area
133 Total Sales
2501 Old Red Ranch Rd Dripping Springs, TX 78620
Henly NeighborhoodEstimated Value: $995,000
35.83
Acres
$27,770
Price per Acre
1,560,755
Sq Ft Lot
Highlights
- Barn
- Horses Allowed On Property
- Panoramic View
- Dripping Springs Middle School Rated A
- Cabana
- 35.83 Acre Lot
About This Lot
As of December 2023Butterfly Ridge Ranch is a slice of Hill Country heaven with long-distance views from the 35 unrestricted acres. This wildlife-exempt gentleman's ranch offers an escape from the hustle and bustle of the city without spending half the day getting there. This picturesque escape right outside Austin, Texas, is in the beautiful hill country of Dripping Springs. There are views for miles and lovely level pastures for horses. There is also a charming cabin, sauna outbuilding, outdoor showers, bathroom facilities, pavilions, a deep well, and a septic on the property. This unrestricted land affords a multitude of uses. Several gorgeous build sites with long-distance views are perfect for your dream home, generational compound, or maybe build additional STRs. With the privacy that comes from being surrounded by larger acreage tracts. It is one of a few remaining unrestricted, large tracts like this available in the area. When you think it couldn't get any better, the property is currently under a Wildlife exemption keeping the property taxes very reasonable. The property has a charming two-bedroom cabin if you're looking for a weekend getaway. If you want some help paying for the ranch, the cabin is functioning as a short-term rental bringing in nearly $40k in 2021. The 647+/- tiny house can sleep 6 with one bedroom + loft bedroom and full bathroom. There is even an enclosed outdoor shower and laundry facility. The property would also make a fantastic wedding venue with existing pavilions and bathroom facilities in place. Or perhaps a recreational ranch for family and friends to enjoy for years to come. Close to nearby attractions like Pedernales State Park and located just west of Dripping Springs, along the 290 corridor for easy access to unique shopping, food, and beverages. Zoned to the award-winning Dripping Springs school district
Last Agent to Sell the Property
Compass RE Texas, LLC Brokerage Phone: (512) 575-3644 License #0577431 Listed on: 01/13/2023
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,226
Year Built
- Built in 2013
Lot Details
- 35.83 Acre Lot
- Property fronts a private road
- North Facing Home
- Poultry Coop
- Private Entrance
- Gated Home
- Cross Fenced
- Property is Fully Fenced
- Barbed Wire
- Perimeter Fence
- Bluff on Lot
- Irregular Lot
- Gentle Sloping Lot
- Mature Trees
- Many Trees
- ABS A1043 SURVEY 917 M. WILSON, ACRES 7.6
- Property is in excellent condition
Property Views
- Panoramic
- Pasture
- Hills
Home Design
- Metal Roof
- Wood Siding
- Metal Siding
Interior Spaces
- 647 Sq Ft Home
- 1.5-Story Property
- Open Floorplan
- Built-In Features
- Bookcases
- Woodwork
- Vaulted Ceiling
- Recessed Lighting
- Chandelier
- Wood Burning Stove
- Free Standing Fireplace
- Double Pane Windows
- Vinyl Clad Windows
- Window Treatments
- Window Screens
- Wood Flooring
Kitchen
- Eat-In Kitchen
- Oven
- Gas Range
- Range Hood
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms | 1 Primary Bedroom on Main
- 1 Full Bathroom
- Soaking Tub
Parking
- Aggregate Flooring
- Gravel Driveway
Schools
- Walnut Springs Elementary School
- Dripping Springs Middle School
- Dripping Springs High School
Farming
- Barn
- 1 Barn
- Pasture
Horse Facilities and Amenities
- Horses Allowed On Property
- Corral
Utilities
- Ductless Heating Or Cooling System
- Cooling System Mounted To A Wall/Window
- Propane
- Well
- ENERGY STAR Qualified Water Heater
- Septic Tank
- Sewer Holding Tank
Additional Features
- Sustainability products and practices used to construct the property include see remarks
- Residence on Property
Listing and Financial Details
- Assessor Parcel Number 1006320002000004
Community Details
Overview
- No Home Owners Association
- Mina Wilson Survey Subdivision
Recreation
- Cabana
- Covered Patio or Porch
- Exterior Lighting
- Outbuilding
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 18, 2024
Sold by
2501 Old Red Ranch Road Revocable Family and Martin Daniel
Bought by
Lagom Ranch Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$725,000
Outstanding Balance
$719,946
Interest Rate
6.79%
Estimated Equity
$275,054
Purchase Details
Listed on
Jan 13, 2023
Closed on
Jan 10, 2024
Sold by
Womack Russell
Bought by
Kaplan Michael C
Seller's Agent
Mark Clausen
Compass RE Texas, LLC
Buyer's Agent
Ray Mungia
Mungia Real Estate
List Price
$2,579,760
Views
26
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-24.75%
Original Mortgage
$84,800
Interest Rate
6.95%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jan 13, 2023
Closed on
Jan 9, 2024
Sold by
Paramount Park Ltd
Bought by
Castlerock Communities Lp
Seller's Agent
Mark Clausen
Compass RE Texas, LLC
Buyer's Agent
Ray Mungia
Mungia Real Estate
List Price
$2,579,760
Views
26
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,800
Interest Rate
6.95%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jan 13, 2023
Closed on
Jan 8, 2024
Sold by
Mhi Partnership Ltd
Bought by
Dfh Coventry Llc
Seller's Agent
Mark Clausen
Compass RE Texas, LLC
Buyer's Agent
Ray Mungia
Mungia Real Estate
List Price
$2,579,760
Views
26
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,800
Interest Rate
6.95%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jan 13, 2023
Closed on
Dec 22, 2023
Sold by
Douds Family Revocable Living Trust
Bought by
2501 Old Red Ranch Road Revocable Family Trus and Martin
Seller's Agent
Mark Clausen
Compass RE Texas, LLC
Buyer's Agent
Ray Mungia
Mungia Real Estate
List Price
$2,579,760
Views
26
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,800
Interest Rate
6.95%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jan 13, 2023
Closed on
Nov 21, 2023
Sold by
Aus-Tex Parts & Svc Ltd and Village Financial Service Llc
Bought by
Carranza Jimenez Rodrigo
Seller's Agent
Mark Clausen
Compass RE Texas, LLC
Buyer's Agent
Ray Mungia
Mungia Real Estate
List Price
$2,579,760
Views
26
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,800
Interest Rate
6.95%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 25, 2017
Sold by
Himmelvo Jane and Himmelvo Lauren E
Bought by
Vo Danh Hung
Purchase Details
Listed on
Jun 5, 2013
Closed on
Aug 26, 2013
Sold by
Johannsen Tomasz and Johannsen Gouri
Bought by
Himmelvo Jane
Seller's Agent
Russ Taylor
Keller Williams Realty
Buyer's Agent
Dennis Wagner
Dennis Wagner
List Price
$350,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.39%
Original Mortgage
$311,802
Interest Rate
4.53%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 9, 2005
Sold by
Yeager Investment Partnership
Bought by
Blankenship Robert Louis and Blakenship Erika Lee
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,800
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lagom Ranch Llc | -- | None Listed On Document | |
| Lagom Ranch Llc | -- | None Listed On Document | |
| Kaplan Michael C | -- | Corridor Title | |
| Ehlers Elizabeth Anne | -- | Corridor Title | |
| Castlerock Communities Lp | -- | Bedrock Title | |
| Dfh Coventry Llc | -- | None Listed On Document | |
| 2501 Old Red Ranch Road Revocable Family Trus | -- | None Listed On Document | |
| Carranza Jimenez Rodrigo | -- | None Listed On Document | |
| Vo Danh Hung | -- | None Available | |
| Himmelvo Jane | -- | Corridor Title | |
| Blankenship Robert Louis | -- | Independence Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lagom Ranch Llc | $725,000 | |
| Closed | Lagom Ranch Llc | $725,000 | |
| Open | Lagom Ranch Llc | $5,000,000 | |
| Closed | Lagom Ranch Llc | $5,000,000 | |
| Previous Owner | Bending Oak Properties Llc | $84,800 | |
| Previous Owner | 2501 Old Red Ranch Road Revocable Family Trus | $1,134,819 | |
| Previous Owner | Rudisill Jolene L | $350,000 | |
| Previous Owner | Sutherland Wesley R | $439,101 | |
| Previous Owner | Himmelvo Jane | $311,802 | |
| Previous Owner | Blankenship Robert Louis | $304,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/22/2023 12/22/23 | Sold | -- | -- | -- |
| 09/27/2023 09/27/23 | Pending | -- | -- | -- |
| 08/12/2023 08/12/23 | Price Changed | $1,750,000 | -12.1% | $2,705 / Sq Ft |
| 07/11/2023 07/11/23 | Price Changed | $1,990,000 | -5.2% | $3,076 / Sq Ft |
| 06/29/2023 06/29/23 | Price Changed | $2,100,000 | -18.6% | $3,246 / Sq Ft |
| 01/13/2023 01/13/23 | For Sale | $2,579,760 | +637.1% | $3,987 / Sq Ft |
| 08/27/2013 08/27/13 | Sold | -- | -- | -- |
| 06/25/2013 06/25/13 | Pending | -- | -- | -- |
| 06/05/2013 06/05/13 | For Sale | $350,000 | -- | $304 / 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 |
|---|---|---|---|---|
| 2025 | $1,226 | $746,060 | $746,060 | -- |
| 2024 | $1,226 | $4,210 | $746,060 | $0 |
| 2023 | $66 | $4,400 | $746,060 | $0 |
| 2022 | $71 | $4,180 | $632,250 | $0 |
| 2021 | $81 | $4,320 | $451,930 | $0 |
| 2020 | $83 | $4,420 | $393,450 | $0 |
| 2019 | $97 | $4,690 | $329,640 | $0 |
| 2018 | $88 | $4,260 | $323,200 | $0 |
| 2017 | $83 | $3,960 | $306,680 | $0 |
| 2016 | $72 | $3,460 | $306,680 | $0 |
| 2015 | $61 | $3,210 | $278,800 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Mark Clausen
-
France Clausen
Seller Co-Listing Agent in 2023
France Clausen
Compass RE Texas, LLC
(512) 853-0847
1 in this area
85 Total Sales
-
Ray Mungia
Buyer's Agent in 2023
Ray Mungia
Mungia Real Estate
(512) 922-4267
1 in this area
117 Total Sales
-
Russ Taylor
R
Seller's Agent in 2013
Russ Taylor
Keller Williams Realty
(512) 695-1390
-
Dennis Wagner
D
Buyer's Agent in 2013
Dennis Wagner
Dennis Wagner
(512) 914-4888
2 Total Sales
Map
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 3757241
APN: R19714
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