#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024
3 bed, 3 bath on 8.50 acres in Purcell Sub. Driftwood, TX 78619. $950,000. Dripping Springs ISD.
• 8.5 unrestricted acres • Three charming 380 sq/ft cottage-style tiny homes, fully finished and 2 convey furnished • Four fenced horse pastures with run-in sheds • Sand riding arena (needs grooming) • Existing water, electric and septic • Beautiful landscaping and large, mature trees • Plenty of room for horses, animals, additional improvements or a future main residence • Peaceful Hill Country setting with convenient access to Dripping Springs, Driftwood, Wimberley and Austin
What makes this property special is the combination of acreage, unrestricted use, existing utilities, equestrian improvements and three ready-to-use cottages.
Live in one cottage while you build your dream home. Create a multigenerational family property. Use the cottages for guests or potential rental income. Bring your horses and enjoy the property immediately. Or take advantage of the unrestricted acreage and create something completely your own.
There is no main house, giving the next owner the opportunity to design and build exactly what they want without paying for someone else’s home or renovation.
Properties offering this much flexibility in the Driftwood/Dripping Springs area are increasingly difficult to find.
Driftwood, TX 78619 8.5 Acres | Unrestricted | Equestrian Improvements | 3 Furnished Cottages
Verified property facts
240 Lanier Ranch RD Unit #B is listed at $950,000 with 3 bedrooms, 3 full bathrooms, 8.50-acre lot. This places it above the ZIP 78619 single-family closed-sale median price of $925,000 (ZIP 78619 geography · single-family closed sales · median sale price · trailing 12 months as of Sep 25, 2026).
240 Lanier Ranch RD Unit #B is zoned for Dripping Springs ISD with assigned schools: Dripping Springs (elementary), Dripping Springs Middle (middle), Dripping Springs (high). School assignments should be verified directly with the district.
240 Lanier Ranch RD Unit #B is a Farm built in 2025 featuring 3 bedrooms, 3 full bathrooms, 8.50-acre lot.
240 Lanier Ranch RD Unit #B is listed by TurnKey Ranch Real Estate, LLC. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Sep 26, 2026.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
1 record on file
Every recorded listing, sale, and lease at 240 Lanier Ranch RD Unit #B, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
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 | — | $284,532 | $702,100 | $85,160 |
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% ($190K)
Adjustable assumption - not a lending recommendation.
$950,000
Luxury property intelligence
A sourced read on Purcell Sub pricing, timing, and property scale. No automated valuation claim.
List price
$950,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
45 days
Original to current
No verified reduction
$950K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Sep 26, 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
The most recent annual property tax for 240 Lanier Ranch RD Unit #B is $4,653. 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.
This page does not assume a mortgage rate or publish a monthly payment for 240 Lanier Ranch RD Unit #B. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Sep 26, 2026, 240 Lanier Ranch RD Unit #B is offered at $950,000. The current MLS snapshot shows 48 active listings in 78619.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
1 event on record
Current Price
$950,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $284,532 | $702,100 | $85,160 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
Best Match
Balanced against price, location, and layout so nearby lookalikes rise first. Similar properties in Purcell Sub
Recent sales for market context
