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Verified property facts
136 & 137 Falling Oak Dr is zoned for Blanco ISD with assigned schools: Blanco (elementary), Blanco (middle), Blanco (high). School assignments should be verified directly with the district.
136 & 137 Falling Oak Dr 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 136 & 137 Falling Oak Dr is $1,442. 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 ($113,800) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 136 & 137 Falling Oak Dr is around $3,073 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
Listing timeline with current price, original ask, and market time.
Two 5 acre tracts, lot 136 & 137 in the gorgeous, gated neighborhood of Majestic Hills Ranch in Charming Blanco, Texas. At the ~1800' elevation you will experience vast & stunning views of the hill country and valley with breathtaking sunrise & sunset views! The unique terrain offers an easily navigable ~150' elevation change with natural terracing, from the bottom of a dry creek up to the top of the hill. Enjoy the dreamy starry nights in this Dark Sky Community. Build your dream home on the North facing hill for protection from the Texas sun! Each lot allows for a home, pool/guest house & barn for luxury country living in this active neighborhood. Take evening walks or rides in the golf cart to say hello to the neighbors, see the beautiful scenery throughout the ranch & view the MANY wildlife that provide this exemption for the Ranch. You will see herds of Oryx, Black Bucks, Turkey, White-tail deer, a small group of Donkeys & more. The community park boasts a swimming hole with crystal clear river waters, picnic area, sport court & an amazing homestead house that owners can rent for visiting friends and family, or while building your dream home! Located an hour from Austin & San Antonio
Legal Description: MAJESTIC HILLS RANCH, BLK 02, LOT #136. 5.0 ACRES & 137, ACRES 5.0
Property Type
Land
Lot Size
10.00 acres
HOA
$630/mo
Listed by Anders Realty & Mortgage Group
Property Details
Lot Features
Fencing
Blanco ISD
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% ($114K)
$569,000
Luxury property intelligence
A sourced read on MAJESTIC HILLS RANCH pricing, timing, and property scale. No automated valuation claim.
List price
$569,000
Price per sqft
Not available
Vs. MAJESTIC HILLS RANCH median
Not available
Days on market
133 days
Original to current
No verified reduction
$569K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of May 8, 2026.
Request Private Market AnalysisAt $569,000, 136 & 137 Falling Oak Dr is in the MAJESTIC HILLS RANCH market where there are currently 42 active listings in 78606.
136 & 137 Falling Oak Dr is part of a managed community with HOA dues of $630 annually. HOA-managed communities in Austin's luxury market typically provide amenities such as common areas, security, and exterior maintenance. Verify current dues and rules with the HOA directly.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
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