
Truly exceptional 51.5+/- acre opportunity five minutes from downtown Dripping Springs. This unrestricted tract offers excellent road frontage, strong topography, and outstanding versatility, ideal for commercial, residential (single or multi-family), or mixed-use development. With multiple prime building sites and gently rolling terrain, the property provides flexibility for a wide range of development concepts or a private estate. The expansive acreage allows for potential subdivision into smaller parcels, making it a compelling investment for developers or long-term holders. The land is dotted with mature oak trees and hardwoods, offering both natural beauty and functional shade, with ample room for horses or agricultural use. Currently AG-exempt for low taxes, the property also benefits from key infrastructure advantages: potential access to Phase 3 of the City of Dripping Springs sewer line, which extends to the Northeast property boundary, and city water located directly across the street. LUEs will convey with the property (see agent for details). Located in one of the fastest-growing corridors between Austin and Dripping Springs, this property presents a rare opportunity to acquire a large, unrestricted tract with strong development fundamentals and long-term upside. Information provided is deemed reliable but not guaranteed. Buyer and Buyer’s Agent to independently verify all information including measurements, zoning, utilities, schools, and taxes.
Property Type
Farm
Lot Size
51.50 acres
Listed by Coffman Real Estate
Verified property facts
0 W RR 150 is listed at $7,000,000 with 0 bedrooms, 51.50-acre lot. This places it above the 78619 median of $925,000.
0 W RR 150 is zoned for Dripping Springs ISD with assigned schools: Cypress Springs (elementary), Dripping Springs Middle (middle), Dripping Springs (high). School assignments should be verified directly with the district.
0 W RR 150 is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
The most recent annual property tax for 0 W RR 150 is $64. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
With 20% down ($1,400,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 0 W RR 150 is around $36,327 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Property Details
Lot Features
Fencing
Listing timeline with current price, original ask, and market time.

Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility. Ratings from GreatSchools.org.
20% ($1.4M)
$7,000,000
Luxury property intelligence
A sourced read on THOMAS R JACKSON SURVEY pricing, timing, and property scale. No automated valuation claim.
List price
$7,000,000
Price per sqft
Not available
Vs. THOMAS R JACKSON SURVEY median
Not available
Days on market
45 days
Original to current
No verified reduction
$7M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 14, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
At $7,000,000, 0 W RR 150 is in the THOMAS R JACKSON SURVEY market where there are currently 42 active listings in 78619.
0 W RR 150 sits on a 51.50-acre lot, providing substantial outdoor living space. Properties of this scale in Austin's luxury market typically feature pool areas, outdoor kitchens, and mature landscaping. Confirm specific amenities with the listing agent.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Car-Dependent
N/A
Somewhat Bikeable
Walk Score measures walkability based on distance to amenities. Transit Score measures public transportation access. Bike Score measures bikeability based on bike infrastructure and terrain.
Best Match
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