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Keenan Group#1 Austin Board of Realtors Team 2024

$3,750,000

0Beds
26.64 acresLot

5818 Ranch Road 165 Unit #Tract 1, Blanco, TX 78606

Reduced 6%$3,995,000
Blanco·MLS# 4049219·Built 2001·71 days on market

— bed, — bath on 26.64 acres in Blanco. Blanco, TX 78606. $3,750,000.

About This Home

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 $3,750,000

Additional 28-acre tract $1,064,000

53.62-acre compound (full offering) $4,814,000

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
Commercial Sale
Year Built
2001
Lot Size
26.64 acres

Listing information last updated October 12, 2026.

Listed by Kuper Sotheby's Int'l Realty

MLS# 4049219 • Active

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

Highlights

Generous 26.64-acre lot
The property is part of a 53.62-acre offering, available individually or in combination
Each structure serves a distinct role, allowing the property to operate in multiple ways
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

Facts & Features

Interior

Flooring

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

Construction

  • Stone
  • Stucco

Foundation

  • Slab
Lot Size
26.64 Acres

Parking

  • Detached Carport
  • Driveway
  • Paved
Financial
Original List Price
$3,995,000
Utilities
  • Electricity Connected
  • High Speed Internet
  • Natural Gas Connected
  • Sewer Connected
  • Water Connected
Water Source
Well
Sewer
Septic Tank

Transaction History

2 records on file

Every recorded listing, sale, and lease at 5818 Ranch Road 165 Unit #Tract 1, whoever represented it.

  1. ActiveListed 2026
    Current price: $3,750,000Original list: $3,995,000MLS 4049219
    1. Listed · August 12, 2026$3,995,000
    2. Price changed · September 15, 2026$3,750,000
  2. ActiveListed 2025
    Current price: $3,750,000Original list: $4,995,000MLS 3354255
    1. Price changed · March 31, 2026$4,375,000
    2. Price changed · June 3, 2026$4,175,000
    3. Price changed · August 6, 2026$3,995,000
    4. Price changed · September 15, 2026$3,750,000

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
$3,750,000
Original list
$3,995,000
Price movement
$245K reduction
Listed / DOM
Aug 12, 2026 · 71 days

Virtual Tour

Virtual tour of 5818 Ranch Road 165 Unit #Tract 1
Map showing 5818 Ranch Road 165 Unit #Tract 1
5818 Ranch Road 165 Unit #Tract 1
Directions

20% ($750K)

Adjustable assumption - not a lending recommendation.

$3,750,000

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

$3,750,000

Price per sqft

Not available

Vs. Neighborhood guide reference price

Not available

Days on market

71 days

Original to current

$245K 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 5818 Ranch Road 165 Unit #Tract 1?

5818 Ranch Road 165 Unit #Tract 1 is listed at $3,750,000 with 0 bedrooms, 26.64-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 5818 Ranch Road 165 Unit #Tract 1?

5818 Ranch Road 165 Unit #Tract 1 is a Commercial Sale built in 2001 featuring 0 bedrooms, 26.64-acre lot.

What are the property taxes for 5818 Ranch Road 165 Unit #Tract 1?

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.

How should a buyer estimate the monthly payment for 5818 Ranch Road 165 Unit #Tract 1?

This page does not assume a mortgage rate or publish a monthly payment for 5818 Ranch Road 165 Unit #Tract 1. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.

How does 5818 Ranch Road 165 Unit #Tract 1 compare with other homes in Blanco?

As of Oct 15, 2026, 5818 Ranch Road 165 Unit #Tract 1 is offered at $3,750,000. The current MLS snapshot shows 37 active listings in 78606.

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

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

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