— bed, — bath on 22.14 acres in Austin. Austin, TX 78738. $1,899,000. Lake Travis ISD.
About This Home
Nestled within the exclusive and highly coveted Preservation Ranch community, Lot 1 spans just over 22 acres and offers privacy, natural beauty, and the opportunity for luxury ranch-style living in the desirable Bee Cave area. Located at the southernmost edge of Preservation Ranch, the property features mature live oaks, abundant native grasses, and a level build site surrounded by a park-like setting, providing an ideal setting to bring your vision to life. The southern portion of the land slopes gently, creating natural elevation changes and scenic views, while a hidden ravine shelters seasonal springs, adding to the property’s natural beauty.
Preservation Ranch encompasses 930 acres of rolling Hill Country and is celebrated for its privacy, elegance, and dedication to land conservation. Residents enjoy miles of private hiking and riding trails, tranquil creeks and streams, and direct access to an adjacent 2,400-acre conservation park—making it a haven for outdoor enthusiasts. Despite its secluded feel, the community is just 15 minutes from the Hill Country Galleria and 30 minutes from downtown Austin.
Located within the highly rated Lake Travis ISD, Lot 1 combines convenience, prestige, and the timeless appeal of the Hill Country. Additionally, all Preservation Ranch properties qualify for 1-D-1 wildlife exemptions. Whether you’re planning to build your luxury dream home, equestrian property, or private ranchette, this acreage offers an exceptional opportunity to be part of one of Bee Cave’s most sought-after communities.
22.141 acres in Austin is a rare amount of land to find this close to Bee Cave, and 18429 Moreh Peak Pass puts that scale in one of the strongest luxury ranch settings in western Travis County. At 18429 Moreh Peak Pass in Austin, TX 78738, the land offers a level homesite, mature live oaks, native grasses, and meaningful privacy, with Hill Country Galleria about 15 minutes away and downtown Austin about 30 minutes away.
This farm-ranch property sits on the southern edge of Austin, a 930-acre community known for large acreage tracts, conservation-minded planning, and a quieter Hill Country feel than many newer subdivisions along the Bee Cave corridor. The shape of the land matters here. The build site is usable and open, while the southern portion slopes gently and creates natural elevation changes that can support long views, better separation between structures, and a more intentional site plan. A ravine with seasonal springs adds character without forcing the entire tract into steep terrain. For buyers who want room for a main residence, guest house, barn, pool, or equestrian setup, this is the kind of canvas that is getting harder to find in Austin.
The location works because it balances land and access. Bee Cave, the Hill Country Galleria, and daily services are close, but the property still feels removed from the traffic and density that define much of the Highway 71 and RM 620 growth path. Owners in Austin have access to private hiking and riding trails, creeks and streams, and direct adjacency to a 2,400-acre conservation park. That gives this address real outdoor utility, not just scenery. It changes how the property lives day to day.
For families focused on schools, 18429 Moreh Peak Pass is in Lake Travis ISD, with Bee Cave Elementary, Bee Cave Middle School, and Lake Travis High School serving the area. That district remains a major driver of demand in the 78738 market because it consistently pulls buyers looking for both acreage and strong public school options. The lot size is 22.141 acres, the asking price is $2.00M, and with no existing home square footage to price against, the value conversation is really about land quality, privacy, tax strategy, and long-term scarcity. Austin tracts may qualify for a 1-D-1 wildlife exemption, which can be meaningful for holding costs over time. For a buyer who wants to build a legacy property in Austin with space, access, and lasting land value, this address checks the right boxes for the next decade.
The numbers behind this insight
- Offered at
- $1,899,000
- Listed
- September 16, 2025
- Price changes
- Reduced, down 4.8% from $1,995,000
- Property Type
- Farm
- Lot Size
- 22.14 acres
- HOA
- $389/mo
Listing information last updated September 24, 2026.
Listed by Keller Williams Realty
MLS# 6720496 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Exterior & Lot
- Gentle Sloping
- Private
- Private Maintained Road
- Trees-Large (Over 40 Ft)
- Many Trees
- Trees-Medium (20 Ft - 40 Ft)
- Views
- Partial
- Lot Size
- 22.14 Acres
Financial
- HOA Fee
- $389 / mo
- Original List Price
- $1,995,000
Utilities
- Electricity Available
- Water Available
Transaction History
4 records on file
Every recorded listing, sale, and lease at 18429 Moreh Peak PASS, whoever represented it.
- ActiveListed 2025Current price: $1,899,000Original list: $1,995,000MLS 6720496
- Price changed · September 24, 2026$1,899,000
- ExpiredListed 2023Current price: $2,499,000Original list: $2,499,000MLS 7561132
- WithdrawnListed 2023Current price: $2,499,000Original list: $2,499,000MLS 5147162
- WithdrawnListed 2022Current price: $3,300,000Original list: $3,300,000MLS 2134158
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
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Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $1,899,000
- Original list
- $1,995,000
- Price movement
- $96K reduction
- Listed / DOM
- Sep 16, 2025 · 399 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $669,456
- Assessment Year
- 2025
- Parcel ID
- 000000961930
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $669,456 | $667,740 | — |
Zoned Schools & District Context
Lake Travis
Bee Cave Middle School
Lake Pointe Elementary
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 and home insurance. Each requires verified amount, cadence or unit, source, and as-of details.
HOA source: MLS Grid / Unlock MLS, as of 2026-10-15T21:07:19.201+00:00; normalized from monthly dues.
20% ($380K)
Adjustable assumption - not a lending recommendation.
$1,899,000
Luxury property intelligence
Keenan Market Position
A sourced read on Austin pricing, timing, and property scale. No automated valuation claim.
List price
$1,899,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
399 days
Original to current
$96K reduction
$2M 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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