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Keenan Group#1 Austin Board of Realtors Team 2024

$3,700,000

0Beds
25.00 acresLot

421 Rolling Hills Rd, Blanco, TX 78606

Reduced 7%$3,989,000
Blanco·MLS# 6223362·Built 2017·188 days on market

— bed, — bath on 25.00 acres in Blanco. Blanco, TX 78606. $3,700,000.

About This Home

Rolling Hills Lake Estate presents an exceptional commercial opportunity in Blanco, Texas, featuring expanded acreage and prime US Hwy 281 frontage in the Texas Hill Country. Encompassing approximately 25± acres with direct highway access, the property offers increased visibility, flexible access points, and a larger footprint for development or long-term investment.

Centered around a rare 3-acre private lake, the property delivers a setting that is both visually compelling and highly differentiated from typical commercial land offerings. Existing improvements include multiple residential structures, guest accommodations, and a fully built-out shop with office space and gym, offering immediate functionality alongside future development potential.

The additional acreage enhances the property’s flexibility, allowing for expanded site planning, increased privacy, and a wider range of potential commercial or mixed-use applications. Combined with strong Hwy 281 frontage and proximity to Blanco, Johnson City, San Antonio and Austin, the location supports both visibility and accessibility.

Opportunities to acquire commercial acreage with highway frontage, water features, and existing improvements are increasingly limited in the Hill Country. Rolling Hills Lake Estate offers a rare combination of scale, access, and setting in a high-demand growth corridor.

Property Type
Commercial Sale
Year Built
2017
Lot Size
25.00 acres

Listing information last updated September 2, 2026.

Listed by Magnolia Realty Austin Hill Co

MLS# 6223362 • Active

IDX inquiries: Keenan Group at Compass · (512) 415-7653

Highlights

Generous 25.00-acre lot

Facts & Features

Interior

Flooring

  • Concrete
  • Vinyl
  • Wood
Heating
Central
Cooling
Central Air
Exterior & Lot

Construction

  • Log
  • Stucco

Foundation

  • Slab
Lot Size
25.00 Acres

Parking

  • Attached Carport
  • Detached Carport
Financial
Original List Price
$3,989,000
Utilities
  • Electricity Connected
Water Source
Well
Sewer
Aerobic Septic

Transaction History

2 records on file

Every recorded listing, sale, and lease at 421 Rolling Hills RD, whoever represented it.

  1. ActiveListed 2026
    Current price: $3,700,000Original list: $3,989,000MLS 6449419
    1. Listed · April 16, 2026$3,989,000
    2. Price changed · July 9, 2026$3,889,000
    3. Price changed · September 1, 2026$3,700,000
  2. ActiveListed 2026
    Current price: $3,700,000Original list: $3,989,000MLS 6223362
    1. Price changed · July 9, 2026$3,889,000
    2. Price changed · September 1, 2026$3,700,000

Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.

Price & Listing History

Listing timeline with current price, original ask, and market time.

View Timeline
Current list
$3,700,000
Original list
$3,989,000
Price movement
$289K reduction
Listed / DOM
Apr 16, 2026 · 188 days

Virtual Tour

Virtual tour of 421 Rolling Hills Rd
Map showing 421 Rolling Hills RD
421 Rolling Hills RD
Directions

20% ($740K)

Adjustable assumption - not a lending recommendation.

$3,700,000

Loan: $3.0M
Mortgage rate%
Payoff: ~2056
No mortgage rate is assumed
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Keenan Market Position

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List price

$3,700,000

Price per sqft

Not available

Vs. Neighborhood guide reference price

Not available

Days on market

188 days

Original to current

$289K reduction

$4M 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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Frequently Asked Questions

How much is 421 Rolling Hills Rd?

421 Rolling Hills Rd is listed at $3,700,000 with 0 bedrooms, 25.00-acre lot. This places it above the ZIP 78606 single-family closed-sale median price of $521,825 (ZIP 78606 geography · single-family closed sales · median sale price · trailing 12 months as of Oct 21, 2026).

What are the property details for 421 Rolling Hills Rd?

421 Rolling Hills Rd is a Commercial Sale built in 2017 featuring 0 bedrooms, 25.00-acre lot.

How should a buyer estimate the monthly payment for 421 Rolling Hills Rd?

This page does not assume a mortgage rate or publish a monthly payment for 421 Rolling Hills Rd. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.

How does 421 Rolling Hills Rd compare with other homes in Blanco?

As of Oct 15, 2026, 421 Rolling Hills Rd is offered at $3,700,000. The current MLS snapshot shows 37 active listings in 78606.

When was 421 Rolling Hills Rd built?

421 Rolling Hills Rd was built in 2017, making it 9 years old with relatively recent construction.

Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.

Why Choose the #1 Austin Board Team for Blanco

#1 ABoR Team 20241,000+ Career SalesCompass Luxury Collection Specialist

#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.

Unlock MLSMLS GRID

Listing courtesy of Unlock MLS as distributed by MLS GRID. Information deemed reliable but not guaranteed. Neither the listing broker nor Compass RE Texas, LLC shall be responsible for any typographical errors, misinformation, or misprints.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS, as amended from time to time.

Based on information submitted to MLS GRID as of 10/15/2026, 1:07:22 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Last updated: 10/15/2026, 1:07:22 PM

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