— bed, — bath on 154.92 acres in Johnson City. Johnson City, TX 78636. $3,995,000. Johnson City ISD.
About This Home
It's rare that live-water properties with true year-round water come on the market in this Region of the Texas Hill Country. Three Creeks Ranch offers 3,300ft of year-round Walker Spring through nearly the entire middle of the ranch, 800ft of Grape Creek, and a 1 acre pond. Prime location in the heart of Texas Wine Country, less than 30 minutes from Hye, Albert, Johnson City, Fredericksburg, and the famous Luckenbach, Texas. Just minutes away are some of the Texas Hill Country's most popular destinations like Wineries, Dancehalls, Breweries, Distilleries, Restaurants, State Parks and more. This area is loaded with Native wildlife and offers a great opportunity for hunting. Wildlife that can be found in the area are: Whitetail Deer, Rio-Grande Turkey, Feral Hogs, Dove, Duck, Bobcat, Coyote, and many exotics like Aoudad, Blackbuck, and the occasional Axis Deer, as well as many other species of wildlife native to this Region of Texas.
The History that has taken place on this ranch is truly incredible. The springs on the ranch were used for many years as a stop over for the U.S. Cavalry throughout the 1800s, as the soldiers would water their horses and camp for the night. Many arrowheads and Native American artifacts have also been found on the ranch, with evidence of human activity in this area for 10,000+ years!
The ranch is uniquely positioned, back off of a private road, ensuring absolute privacy, and is also surrounded on nearly all sides by two large ranches, one is 2,500+ acres, and the other is 800+/- acres. The only thing you can see or hear on the ranch are the sights and sounds of nature, and flowing water along the creeks, no cars, road noise, just the peace and tranquility that comes with being in the Country
Year-round water across 154.92 acres is the fact that sets 00 Ligon-Smith Lane apart in Johnson City, Texas 78636. This Land - Unimproved Land offering in Blanco County pairs 3,300 feet of Walker Spring with about 800 feet of Grape Creek and a 1-acre pond, a combination that is hard to find in the Texas Hill Country.
At $4.39 million, the property trades on land, water, privacy, and long-term utility rather than residential square footage. Bed, bath, interior square footage, price per square foot, year built, school district, and school ratings are not provided, which is consistent with an unimproved land tract. What is clear is scale. The ranch sits back off a private road and is bordered on most sides by large neighboring ranches, including one of more than 2,500 acres and another of about 800 acres. That buffer matters. It limits outside noise, protects dark skies, and gives the middle of the ranch a quiet feel shaped more by moving water and wildlife than by traffic.
The location puts you in the center of Texas Wine Country with practical access to several known Hill Country stops. Johnson City, Hye, Albert, Fredericksburg, and Luckenbach are all within about 30 minutes, giving owners quick reach to tasting rooms, restaurants, dance halls, breweries, and distilleries without giving up seclusion at home. For buyers asking what it is like to own 00 Ligon-Smith Lane, the answer starts with usable water, open ground, and a setting that feels private but not remote.
This part of Blanco County is known for native game and habitat diversity. The ranch supports the kind of cover and water features that attract whitetail deer, Rio Grande turkey, dove, duck, feral hogs, bobcat, and coyote, along with occasional exotics seen in this region. For recreation, hunting, and conservation value, that mix adds real substance.
There is also a layer of history here. The springs on the ranch were reportedly used as a stop by the U.S. Cavalry in the 1800s, and artifacts found in the area point to much older human activity across the Hill Country. For a buyer focused on legacy ownership, recreational use, or a long-view land hold in one of the strongest lifestyle corridors west of Austin, this tract offers the kind of water, access, and scarcity that tends to hold value over time.
The numbers behind this insight
- Offered at
- $3,995,000
- Listed
- December 10, 2024
- Price changes
- Reduced, down 9.1% from $4,395,000
Keenan Luxury Market Index: $3M-$5M single-family homes across the Austin area sold at a median $734 per sq ft over the trailing 12 months (181 sales), as of October 15, 2026.
- Property Type
- Land
- Lot Size
- 154.92 acres
Listing information last updated September 2, 2026.
Listed by Keller Williams Realty
MLS# 4304211 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Exterior & Lot
- Agricultural
- Native Plants
- Trees-Heavy
- Many Trees
- Waterfall
- Barbed Wire
- Lot Size
- 154.92 Acres
- Creek
Financial
- Original List Price
- $4,395,000
Utilities
- Electricity Connected
- Water Available
- Water Source
- Spring,Well
Transaction History
1 record on file
Every recorded listing, sale, and lease at 00 Ligon-Smith Lane, whoever represented it.
- ActiveListed 2024Current price: $3,995,000Original list: $4,395,000MLS 4304211
- Price changed · June 26, 2026$4,295,000
- Price changed · September 2, 2026$3,995,000
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $3,995,000
- Original list
- $4,395,000
- Price movement
- $400K reduction
- Listed / DOM
- Dec 10, 2024 · 674 days
Zoned Schools
Johnson City ISD
Lyndon B Johnson
Lyndon B Johnson
Lyndon B Johnson
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.
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($799K)
Adjustable assumption - not a lending recommendation.
$3,995,000
Luxury property intelligence
Keenan Market Position
A sourced read on Johnson City pricing, timing, and property scale. No automated valuation claim.
List price
$3,995,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
674 days
Original to current
$400K reduction
$4.4M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.
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