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Verified property facts
5818 Ranch Road 165 Unit #Tract 1 is listed at $4,375,000 with 7 bedrooms, 9 full bathrooms, 8,414 square feet, 26.64-acre lot. This places it above the 78606 median of $1,000,000.
5818 Ranch Road 165 Unit #Tract 1 is zoned for Blanco ISD with assigned schools: Blanco (elementary), Blanco (middle), Blanco (high). School assignments should be verified directly with the district.
5818 Ranch Road 165 Unit #Tract 1 is a Residential built in 2001 featuring 7 bedrooms, 9 full bathrooms, 8,414 square feet, 26.64-acre lot.
5818 Ranch Road 165 Unit #Tract 1 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.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Listing timeline with current price, original ask, and market time.
For those looking to create a boutique hospitality property, retreat destination, wedding venue, or private multi-generational compound, this 26-acre offering represents the core of Mystic Sky Ranch, with infrastructure already in place. The property is part of a 53.62-acre offering, available individually or in combination.
26-acre compound with over 10,000 SF across multiple structures $4,375,000
Additional 28-acre tract $1,120,000
53.62-acre compound (full offering) $5,495,000
Organized as a collection of purpose-built structures, the property is designed to function as a compound rather than a single residence. The improvements include a main residence by David Webber of Webber + Studio, four detached guest casitas, a dining hall with commercial kitchen, an event barn, and a pool pavilion with kitchen and bath.
Each structure serves a distinct role, allowing the property to operate in multiple ways. It can function as a private residence with guest accommodations or as a short-term rental, bed and breakfast, wellness retreat, or event venue. The infrastructure to support both private use and business operations is already established.
The layout separates living, hosting, and guest spaces across the land. The main residence anchors daily living, while the casitas provide privacy for guests. The dining hall and event barn support larger gatherings with a commercial-grade kitchen and spaces designed for scale.
Spanning 26 acres of rolling Hill Country terrain, the land features heritage oaks, open pasture, and outdoor spaces that connect each structure while maintaining privacy.
As the central portion of Mystic Sky Ranch, this offering can stand alone or be combined with the adjacent 28-acre tract to create a 53.62-acre holding.
Located in the Dripping Springs area, the property offers access to Austin while maintaining space and flexibility rarely found at this scale.
Property Type
Residential
Year Built
2001
Lot Size
26.64 acres
$/Sq Ft
$520
Garage
10 spaces
Pool
Yes
Listed by Kuper Sotheby's Int'l Realty
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
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. Ratings from GreatSchools.org.
20% ($875K)
$4,375,000
Luxury property intelligence
A sourced read on None pricing, timing, and property scale. No automated valuation claim.
List price
$4,375,000
Price per sqft
$520/sqft
Vs. None median
Not available
Days on market
173 days
Original to current
$620K reduction
$5M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of May 11, 2026.
Request Private Market Analysis5818 Ranch Road 165 Unit #Tract 1 is priced at $520 per square foot across 8,414 sqft.
The most recent annual property tax for 5818 Ranch Road 165 Unit #Tract 1 is $22,511. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
With 20% down ($875,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 5818 Ranch Road 165 Unit #Tract 1 is around $24,577 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $4,375,000, 5818 Ranch Road 165 Unit #Tract 1 is in the None market where there are currently 42 active listings in 78606.
5818 Ranch Road 165 Unit #Tract 1 sits on a 26.64-acre lot, providing substantial outdoor living space. Properties of this scale in Austin's luxury market typically feature pool areas, outdoor kitchens, and mature landscaping. Confirm specific amenities with the listing agent.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Best Match
Balanced against price, location, and layout so nearby lookalikes rise first. Similar properties in None
1 event on record
Current Price
$4,995,000
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.
Active listings near 5818 Ranch Road 165 Unit #Tract 1
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