2 bed, 1 bath, 1,008 sqft on 48.44 acres in Dripping Springs. Dripping Springs, TX 78620. $2,150,000. Dripping Springs ISD.
About This Home
Wake up to quiet Hill Country sunrises, wide-open skies, the sound of wind through the trees and birds greeting the morning. This private Dripping Springs ranch offers peaceful country living, abundant wildlife, and authentic Texas charm just a short drive from Austin.
Tucked among mature oaks and native landscape, the property features a classic 1940s two-bedroom, one-bath ranch home with an inviting front porch, stone chimney, and warm wood flooring that adds to its timeless character. The home is move-in ready and ideal as a weekend getaway ranch, full-time homestead, hunting retreat, or temporary residence while building a custom home allowing the existing home to transition into a guest house.
Known for strong white-tailed deer activity and native wildlife, this property offers exceptional recreational appeal, privacy, and usable land. Approximately three-quarters fenced with multiple quality build sites, including scenic views towards the back of the property, it provides flexibility for those seeking Texas Hill Country acreage with infrastructure already in place. Well water and septic system are established.
Spanning over 48 acres in highly desirable Dripping Springs, this ranch offers something increasingly difficult to find: substantial Hill Country land with an existing home, privacy, utilities, and room to shape it into your own vision.
The combination of features and location makes this property highly rare and desirable. Schedule your private tour and begin envisioning how you'll make this beautiful ranch your own.
3026 Pursley Rd gives you 48.44 acres in Dripping Springs for $2.15 million, with a 1,008 square foot home already in place on land that is getting harder to find in western Hays County. In Dripping Springs, 3026 Pursley Rd sits in a part of Dripping Springs where the draw is space, privacy, and the ability to use the property now while planning what comes next.
This is a Farm - Single Family Residence with a 1940 two bedroom, one bath house, one fireplace, and the kind of straightforward layout that works as a primary home, weekend place, ranch headquarters, or future guest house. The house is priced at $2,133 per square foot, but that number only tells part of the story because the value here is tied to the acreage, the existing improvements, and the flexibility of the land. Nearly 50 acres gives you room for livestock, recreation, hunting, trails, equipment storage, and future building plans without feeling compressed by neighboring tracts.
Living here means daily life is defined by open ground, mature trees, and real separation from traffic and density, while still keeping Dripping Springs within reach. Pursley Road connects back toward Creek Road and Holder Lane, which puts US 290 and Ranch Road 12 into the regular rhythm of errands, school runs, and trips into town. Mercer Street in downtown Dripping Springs and Dripping Springs Ranch Park are part of the local orbit, along with the breweries, restaurants, and services that have made this stretch of western Hays County one of the strongest lifestyle markets outside Austin. Depending on route and traffic, the drive into central Dripping Springs is manageable, and downtown Austin remains realistic for planned trips rather than daily dependency.
For families focused on schools, the property is in Dripping Springs ISD, one of the biggest location drivers in this market. Zoned campuses are Walnut Springs, Dripping Springs Middle, and Dripping Springs High School, giving buyers clear school path continuity from elementary through graduation. That matters in Dripping Springs because school district quality continues to influence both demand and long-term resale behavior.
What stands out most is the mix of immediate usability and long-range upside. You can enjoy the land from day one, keep the existing home as a practical base, and still have room to shape a larger vision over time. In a corridor where westward growth keeps pushing values higher, acreage like this supports both a strong Hill Country lifestyle and durable long-term value.
The numbers behind this insight
- Offered at
- $2,150,000
- Listed
- February 26, 2026
- Asking price per sq ft
- $2,133
Keenan Luxury Market Index: $2M-$3M single-family homes across the Austin area sold at a median $601 per sq ft over the trailing 12 months (383 sales), as of October 21, 2026.
- Property Type
- Farm
- Year Built
- 1940
- Lot Size
- 48.44 acres
- Price / Sq Ft
- $2,133
Listing information last updated March 16, 2026.
Listed by Magnolia Realty Austin Hill Co
MLS# 6137600 • Pending
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Oven
- Refrigerator
- Linoleum
- Wood
- Heating
- Central,Fireplace(s)
- Cooling
- Ceiling Fan(s),Electric
- Fireplaces
- 1
Exterior & Lot
- Private Entrance
- Wood Siding
- Back Yard
- Farm
- Front Yard
- Trees-Large (Over 40 Ft)
- Many Trees
- Trees-Medium (20 Ft - 40 Ft)
- Views
- Barbed Wire
- Front Yard
- Partial
- Pillar
- Post
- Pier
- Porch
- Rear Porch
- Roof
- Metal
- Lot Size
- 48.44 Acres
- Gravel
Financial
- Original List Price
- $2,150,000
- Price per Sq Ft
- $2,133
Utilities
- Electricity Connected
- Sewer Connected
- Water Connected
- Water Source
- Well
- Sewer
- Private Sewer,Septic Tank
Transaction History
1 record on file
Every recorded listing, sale, and lease at 3026 Pursley Rd, whoever represented it.
- PendingListed 2026Current price: $2,150,000Original list: $2,150,000MLS 6137600
- Listed · February 26, 2026$2,150,000
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
- $2,150,000
- Original list
- $2,150,000
- Price movement
- No verified reduction
- Listed / DOM
- Feb 26, 2026 · 231 days
Zoned Schools
Dripping Springs
Dripping Springs Middle
Walnut Springs
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, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($430K)
Adjustable assumption - not a lending recommendation.
$2,150,000
Luxury property intelligence
Keenan Market Position
A sourced read on Dripping Springs pricing, timing, and property scale. No automated valuation claim.
List price
$2,150,000
Price per sqft
$2,133/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
231 days
Original to current
No verified reduction
$2.2M 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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78620 ZIP Guide
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Dripping Springs ISD Schools
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