
*Owner Financing Available* New Price! Versatile 31.5+/- acres featuring a sleek 1200+/- contemporary guest house and matching 2400+/ sf multipurpose building offer the perfect blend of Hill Country adventure, hunting, agricultural use, privacy and tranquility just 45 mins from Austin or San Antonio to create the ultimate Hill Country Ranchette. Explore the trails by mountain bike or ATV, practice your swing from the Tifway 419 tee box, grow an orchard or vineyard, keep chickens horses and livestock, or simply enjoy the breezy hill country views overlooking the lined pond. Cinco Blanco Ranchette is an easily maintained retreat tucked away in the Hills of Madrone, where you'll find the exquisitely modern and streamlined guest house totally geared toward entertaining. This home pulls the outdoors in with luminous windows, inviting covered decks and features artisan finishes such as the floating hickory stair case and Level 5 drywall for that clean and contemporary feel. The perfect complement to the residential footprint is an expansive, temperature-controlled metal framed building that may be transformed to a main dwelling, currently utilized as both garage and workshop, which is also outfitted with (2) 50amp RV hookups located on the interior and exterior of the barn including cleanout, plus 10’ and 12’ towering roll up doors. Optimally efficient, improvements are wrapped in foam insulation and supported by a 30k gallon rainwater harvesting system. Truly an ideal ranchette for an owner who desires to immediately enjoy their property and potentially build a main residence now or in the future. Additional RV hookups have been installed along the scenic ridge. The property offers a variety of hardwoods: oaks, madrone, red bud and more creating a welcoming habitat for species of songbirds for the property’s wildlife exemption. Axis and whitetail deer graze freely. Minutes to eateries, shopping, wineries, and distilleries with low carrying costs!
Property Type
Residential
Year Built
2019
Lot Size
31.50 acres
$/Sq Ft
$1,166
HOA
$375/mo
Garage
5 spaces
Listed by Anders Realty & Mortgage Group
Verified property facts
370 Gray Wolf is listed at $1,399,000 with 1 bedrooms, 1 full, 1 half bathrooms, 1,200 square feet, 31.50-acre lot. This places it above the 78606 median of $1,000,000.
370 Gray Wolf is zoned for Blanco ISD with assigned schools: Blanco (elementary), Blanco (middle), Blanco (high). School assignments should be verified directly with the district.
370 Gray Wolf is a Residential built in 2019 featuring 1 bedrooms, 1 full, 1 half bathrooms, 1,200 square feet, 31.50-acre lot.
370 Gray Wolf 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.
With 20% down ($279,800) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 370 Gray Wolf is around $9,824 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
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Price Change with current price, original ask, and market time.

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.
20% ($280K)
$1,399,000
Luxury property intelligence
A sourced read on The Hills of Madrone Ranch pricing, timing, and property scale. No automated valuation claim.
List price
$1,399,000
Price per sqft
$1,166/sqft
Vs. The Hills of Madrone Ranch median
Not available
Days on market
359 days
Original to current
$101K reduction
$1.5M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jul 25, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
At $1,399,000, 370 Gray Wolf is in the The Hills of Madrone Ranch market where there are currently 43 active listings in 78606.
370 Gray Wolf was built in 2019, making it 7 years old with relatively recent construction.
370 Gray Wolf includes verified waterfront access: Pond. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
370 Gray Wolf is part of a managed community with HOA dues of $375 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.
3 events on record
Current Price
$1,399,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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