2 bed, 1 bath, 13,000 sqft on 43.17 acres in Austin. Austin, TX 78738. $4,899,000. Lake Travis ISD.
About This Home
Set within the exclusive Preservation Ranch community, this exceptional 43+/- acre ranchette offers a rare opportunity to create a private Hill Country retreat. Positioned at one of the highest elevations in Travis County, the property combines expansive open space, mature hardwoods, & multiple potential build sites. Recent land clearing has opened up the property & revealed even more of its natural beauty, privacy, & sweeping views.
A rendering offers a glimpse of the possibilities for one of the property's beautiful potential build sites. Imagine building your dream home here, overlooking the canyon w/ panoramic Hill Country views & your own private equestrian facilities just steps away.
At the heart of the property is a sprawling 13,000+ square-foot barn that captures the character & charm of a classic working ranch, w/ thoughtfully designed spaces for horses, equipment, & everyday ranch life. The barn features 10 horse stalls, each w/ outdoor runs, a feed room w/ large grain storage bins, & a spacious tack & saddle room. Additional improvements include a 5-bay maintenance garage w/ a hydraulic vehicle lift, an air-conditioned machine shop w/ two garage bays, & a break room w/ a kitchen & full bath. Above the stable area, the well-kept Ranch Manager's apartment offers two bedrooms & one bath.
Spanning approximately 930 acres in Bee Cave, Preservation Ranch is a private, gated community known for its natural beauty, privacy, & commitment to land conservation. Residents enjoy miles of secluded hiking & riding trails, private creeks & streams, & access to the adjacent 2,400-acre conservation park.
Located w/in Lake Travis ISD, the property is just 15 minutes from the Hill Country Galleria & ~30 minutes from downtown Austin. With its elevated setting, multiple potential homesites, & exceptional equestrian facilities, this is an extraordinary opportunity to build your dream home & create a truly private Hill Country estate within Preservation Ranch.
At 43.168 acres, 18700 Moreh Peak Pass in Austin stands out for its scale, elevation, and fully functional ranch setup in Austin, TX 78738. Offered at $5.70 million, or $438 per square foot, this Farm - Single Family Residence in Travis County pairs a large land holding with improvements that are already built for daily use.
Life here is defined by space, privacy, and utility. The property includes roughly 13,000 square feet of improvements, built in 2003, with a two-bedroom, one-bath ranch manager's apartment integrated into the barn structure. The working setup is a major part of the appeal. There are 10 horse stalls with outdoor runs, a feed room with grain storage, a tack and saddle room, a five-bay maintenance garage with a hydraulic vehicle lift, an air-conditioned machine shop with two garage bays, and a break room with a kitchen and full bath. For an equestrian buyer, a land investor, or someone looking for a serious Hill Country base, that infrastructure matters.
The land is just as important as the structures. This Austin tract sits at a high point with long Hill Country views, mature hardwoods, open pasture, and multiple strong building sites. That gives a future owner flexibility. You can keep the current setup as a working ranch compound, expand a residential vision over time, or treat the acreage as a long-term hold in a part of western Travis County where large tracts are hard to find. Residents of Austin also benefit from a conservation-minded setting with private trails, creeks, and access to the adjacent 2,400-acre conservation park.
From a location standpoint, 18700 Moreh Peak Pass balances seclusion with reach. Hill Country Galleria is about 15 minutes away for dining, shopping, and everyday services. Downtown Austin is about 30 minutes away, which keeps major employment, entertainment, and business centers within practical distance. That combination is rare. You get ranch scale without being disconnected from the city.
School district information was not provided in the source data. The listing has also been on the market for 247 days, which gives buyers room to evaluate the property on its land fundamentals, infrastructure, and replacement value. For someone who wants usable acreage near Austin with real operational capacity today and upside tomorrow, this is the kind of property that can support both lifestyle and long-term value.
The numbers behind this insight
- Offered at
- $4,899,000
- Listed
- May 5, 2025
- Price changes
- Reduced, down 14% from $5,699,000
- Asking price per sq ft
- $377
Keenan Luxury Market Index: $3M-$5M single-family homes across the Austin area sold at a median $740 per sq ft over the trailing 12 months (186 sales), as of October 19, 2026.
- Property Type
- Farm
- Year Built
- 2003
- Lot Size
- 43.17 acres
- Price / Sq Ft
- $377
- HOA
- $389/mo
- Garage
- 5 spaces
- Pool
- Yes
Listing information last updated September 30, 2026.
Listed by Keller Williams Realty
MLS# 9359237 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Ceiling Fan(s)
- Open Floorplan
- Recessed Lighting
- Dishwasher
- Free-Standing Electric Range
- Carpet
- Concrete
- Heating
- Central
- Cooling
- Central Air
Exterior & Lot
- Lighting
- Stone
- Private
- Rolling Slope
- Many Trees
- Views
- Cross Fenced
- Partial
- Wood
- Slab
- Roof
- Spanish Tile
- Lot Size
- 43.17 Acres
- Enclosed
- Garage
- Workshop in Garage
- Garage Spaces
- 5
- Pool
- Yes
Financial
- HOA Fee
- $389 / mo
- Original List Price
- $5,699,000
- Price per Sq Ft
- $377
Utilities
- Electricity Connected
- Water Source
- Public
- Sewer
- Septic Tank
Transaction History
2 records on file
Every recorded listing, sale, and lease at 18700 Moreh Peak Pass, whoever represented it.
- ActiveListed 2025Current price: $4,899,000Original list: $5,699,000MLS 9359237
- Price changed · September 24, 2026$4,899,000
- WithdrawnListed 2023Current price: $10,000Original list: $10,000MLS 7943311
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
- $4,899,000
- Original list
- $5,699,000
- Price movement
- $800K reduction
- Listed / DOM
- May 5, 2025 · 533 days
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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 2026-10-15T18:07:17.271+00:00; normalized from monthly dues.
20% ($980K)
Adjustable assumption - not a lending recommendation.
$4,899,000
Luxury property intelligence
Keenan Market Position
A sourced read on Austin pricing, timing, and property scale. No automated valuation claim.
List price
$4,899,000
Price per sqft
$377/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
533 days
Original to current
$800K reduction
$5.7M 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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