#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024
This exceptional 19.97-acre, unrestricted property in Dripping Springs—the Gateway to the Hill Country—represents a premier investment opportunity in one of Texas’ fastest-growing markets. Perfectly positioned within a high-demand corridor for commercial and tourism development, this site is ideally suited for a luxury wedding venue, boutique winery, resort, or destination event space.
The property features significant existing infrastructure, including a 4-bedroom/3.5-bath main residence, a 1-bedroom/1-bath guest house, a pool, a hot tub, and an 18-basket disc golf course, providing immediate potential for rental or event-based revenue. With no HOA and versatile zoning, the land accommodates a wide range of uses, from ranch-style agriculture to farm-to-table commercial concepts.
The property offers a picturesque setting with rolling hills, mature trees, and a serene pond, all within close proximity to Austin. As Dripping Springs continues to see a surge in population growth, high household incomes, and robust tourism, this multi-use asset offers significant upside for investors and developers. Properties offering this level of scale, flexibility, and prime location are rare; this is a unique opportunity to secure a flagship project in a thriving market.
Property Type
Commercial Sale
Year Built
1989
Lot Size
19.97 acres
Garage
40 spaces
Listed by Compass RE Texas, LLC
Verified property facts
110 Longhorn LN is listed at $5,300,000 with 0 bedrooms, 19.97-acre lot. This places it above the 78620 median of $867,000.
110 Longhorn LN is a Commercial Sale built in 1989 featuring 0 bedrooms, 19.97-acre lot.
110 Longhorn LN 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.
With 20% down ($1,060,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 110 Longhorn LN is around $37,217 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $5,300,000, 110 Longhorn LN is in the E B Hargraves Surv market where there are currently 248 active listings in 78620. The Keenan Group has completed 11 transactions in 78620 as part of 1,000+ career sales totaling $1B+ across Austin.
#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
Flooring
Construction
Foundation
Parking
Listing timeline with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $971,410 | $2,593,520 | $704,840 |
District context schools are shown because address-level assigned school fields are not available for this property. Contact the school district directly to verify current boundaries and enrollment eligibility. Ratings from GreatSchools.org.
20% ($1.1M)
$5,300,000
Luxury property intelligence
A sourced read on E B Hargraves Surv pricing, timing, and property scale. No automated valuation claim.
List price
$5,300,000
Price per sqft
Not available
Vs. E B Hargraves Surv median
Not available
Days on market
13 days
Original to current
No verified reduction
$5.3M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 22, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
District guide, nearby schools, and homes by attendance area
Private Austin CMA, TCAD context, and pricing strategy
Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
110 Longhorn LN was built in 1989 (37 years ago). Buyers should budget for potential updates to major systems.
110 Longhorn LN sits on a 19.97-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.
3 events on record
Current Price
$5,400,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $971,410 | $2,593,520 | $704,840 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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