— 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.
Rolling Hills Lake Estate commands 25 acres of Hill Country acreage anchored by a rare 3-acre private lake, positioned directly on US Highway 281 in Blanco with commercial versatility built into every aspect of the property. The 2017-built main residence showcases log and stucco construction that blends rustic authenticity with architectural refinement, creating a structure designed to command attention from the highway corridor while maintaining complete privacy within the compound.
The scale of entertaining spaces defines this property's highest and best use. The main residence incorporates multiple entertaining zones designed for both residential luxury and commercial hospitality functions. A fully built-out shop facility anchors the property's operational infrastructure, featuring professional office space and an on-site gym that serve the existing structures and support mixed-use potential. Guest accommodations throughout the estate multiply its functionality, allowing simultaneous use for corporate retreats, hospitality events, or multi-family entertaining. The combination of residential charm and commercial-grade facilities creates a rare hybrid asset in the Texas Hill Country market.
The grounds reflect uncompromising land stewardship. The 3-acre private lake forms the visual and functional centerpiece, providing both aesthetic distinction and practical value for any commercial vision. The expanded 25-acre footprint eliminates typical commercial development constraints, offering flexibility for site planning, enhanced privacy buffers, and diversified uses. Concrete, vinyl, and wood flooring options throughout the existing structures provide practical durability paired with aesthetic control.
Location amplifies the property's commercial opportunity. Direct US 281 frontage commands visibility in the high-demand growth corridor connecting San Antonio, Austin, Johnson City, and Blanco. This positioning attracts travelers and regional commerce while maintaining distance from urban density. The property's proximity to growing populations in the greater Austin and San Antonio regions supports both immediate hospitality use and long-term development potential.
Acreage combined with highway frontage, water features, existing improvements, and operational infrastructure has become exceptionally scarce in the Hill Country. Rolling Hills Lake Estate eliminates typical constraints that limit commercial properties. The existing improvements provide immediate cash flow potential while the scale and setting support legacy positioning for investors seeking Hill Country assets in a region experiencing sustained economic growth.
The numbers behind this insight
- Offered at
- $3,700,000
- Listed
- April 16, 2026
- Price changes
- Reduced, down 7.2% from $3,989,000
Keenan Luxury Market Index: $3M-$5M single-family homes across the Austin area sold at a median $737 per sq ft over the trailing 12 months (185 sales), as of October 21, 2026.
- 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
Facts & Features
Interior
- Concrete
- Vinyl
- Wood
- Heating
- Central
- Cooling
- Central Air
Exterior & Lot
- Log
- Stucco
- Slab
- Lot Size
- 25.00 Acres
- 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.
- ActiveListed 2026Current price: $3,700,000Original list: $3,989,000MLS 6449419
- Listed · April 16, 2026$3,989,000
- Price changed · July 9, 2026$3,889,000
- Price changed · September 1, 2026$3,700,000
- ActiveListed 2026Current price: $3,700,000Original list: $3,989,000MLS 6223362
- Price changed · July 9, 2026$3,889,000
- 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.
- Current list
- $3,700,000
- Original list
- $3,989,000
- Price movement
- $289K reduction
- Listed / DOM
- Apr 16, 2026 · 188 days
Virtual Tour

20% ($740K)
Adjustable assumption - not a lending recommendation.
$3,700,000
Luxury property intelligence
Keenan Market Position
A sourced read on Blanco pricing, timing, and property scale. No automated valuation claim.
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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