370 Gray Wolf, Blanco, TX 78606

*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!

The strongest fact at 370 Gray Wolf is the land itself: 31.5 acres in Blanco with a finished residential footprint already in place, a substantial secondary building, and room to use the property now while preserving future options. In Blanco County, that combination matters more than a simple bedroom count. This is a 2019 single family residence offered at $1.68M, or $1,396 per square foot, with 1 bed, 1 bath, 1 half bath, and 1,200 square feet, but the real value is how the improvements extend the utility of the acreage.

The existing contemporary guest house gives an owner immediate livability without waiting on a larger build. The matching 2,400 square foot multipurpose building expands that flexibility further, functioning today as garage and workshop space with temperature control, 10-foot and 12-foot roll-up doors, and RV hookups set inside and outside the structure, including cleanout. A 30,000 gallon rainwater harvesting system and foam-insulated improvements add practical infrastructure that directly affects operating ease in a Hill Country setting. Owner financing also changes the conversation here, especially for a buyer looking at land, use, and timing together rather than treating this as a standard finished-home purchase.

From a land-use standpoint, the property is broad enough to support different priorities without forcing compromise. The remarks point to trails for mountain bikes or ATVs, a Tifway 419 tee box, orchard or vineyard potential, and capacity for chickens, horses, and livestock. The lined pond, ridge RV hookups, and mix of oaks, madrone, red bud, and other hardwoods strengthen that case by making the acreage usable, not just scenic. Wildlife exemption, free-ranging axis and whitetail deer, and the low-carrying-cost profile all matter because they speak to how this tract performs over time, not just how it shows on day one.

The market takeaway is straightforward. At 173 days on market, this is not a one-bedroom home competing with conventional residential inventory. It is a ranchette in Blanco positioned for buyers who want privacy, flexibility, and infrastructure already in place within about 45 minutes of Austin or San Antonio. For the right owner, the long-term advantage is clear: immediate enjoyment today, controlled carrying costs, and the ability to shape a larger residential vision later without starting from raw land.