For Sale Ranch MLS# ACT9265337

0000 FM 165

Dripping Springs, TX 78620

$50,000,000

Take the tour

About 0000 FM 165

Just 15 minutes west of Dripping Springs, on the edge of Austin's Hill Country, a rare legacy property unfolds across 2,300+ breathtaking acres — a ranch of scale, beauty, and proximity almost impossible to replicate this close to the city. An additional 855+/- acres are available for a total of 3,200+/- acres.

Live water — true, year-round live water — shaded by mature oak trees. Ideal for fishing, paddle boarding, kayaking, or simply enjoying quiet mornings along the shoreline. An 11-acre spring-fed lake anchors the landscape, complemented by several additional ponds scattered throughout the property.

The terrain is equally dynamic — deep valleys give way to panoramic hilltop views stretching for miles. A well-built internal road system provides excellent access for ATVs, horseback riding, and exploration. Entirely high-fenced with four separate entrances, the main gate sits just 2.5 miles from Highway 290.

Despite its seclusion, you're only ~45 minutes from Central Austin and under an hour to Austin-Bergstrom International Airport. Located in Hays County, the ranch is primarily served by Dripping Springs ISD and Johnson City ISD, with portions in Wimberley and Blanco ISD.

The property also offers potential for a 4,400-foot airstrip — just 25 minutes from Texas' fastest-growing vineyard region and under an hour to the Hill Country's most celebrated destinations.

Ranches of this magnitude — with true live water and this proximity to Austin — rarely come to market and often do not trade again for decades. An extraordinary opportunity to own a legacy property or private Hill Country sanctuary that simply cannot be recreated.

Property details

Property

Type
Ranch
MLS type
Farm
Status
Active
Lot
2380 AC / 103,672,800 SF
Original price
$50,000,000
MLS #
9265337

Exterior & lot

Lot
Agricultural, Bluff, Native Plants, Private, Private Maintained Road, Trees-Large (Over 40 Ft), Many Trees, Trees-Medium (20 Ft - 40 Ft), Trees-Small (Under 20 Ft), Views
Fence
Full, Perimeter
View
Creek/Stream, Hill Country, Lake, Panoramic, Pasture, Trees/Woods
Waterfront
Creek, Lake Front, Pond, Waterfront

Schools

District
Dripping Springs ISD
Elementary
Walnut Springs
Middle
Dripping Springs Middle
High
Dripping Springs

Utilities

Utilities
Electricity Available, Phone Available
Water
Well
Sewer
Septic Needed

Financial

Annual tax
$16,400
Tax year
2025
Parcel
0000FM165
Legal
See Agent
Special conditions
Standard

Location

County
Hays
Directions
Go west on Hwy 290 towards Dripping Springs, 15 min past Dripping Springs turn Left on FM 165, Left on Loop 165

Location

Neighborhood
NA

Ask about this property

Questions on 0000 FM 165, or want to see it in person?

Listed by Dave Murray, Keller Williams Realty

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.