
— bed, — bath on 26.64 acres in Blanco. Blanco, TX 78606. $3,750,000.
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.
Verified property facts
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 $1,000,000 (ZIP 78606 geography · single-family closed sales · median sale price · trailing 12 months as of Oct 1, 2026).
5818 Ranch Road 165 Unit #Tract 1 is a Commercial Sale built in 2001 featuring 0 bedrooms, 26.64-acre lot.
5818 Ranch Road 165 Unit #Tract 1 is listed by Kuper Sotheby's Int'l Realty. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Oct 1, 2026.
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.
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2 records on file
Every recorded listing, sale, and lease at 5818 Ranch Road 165 Unit #Tract 1, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Listing timeline with current price, original ask, and market time.

20% ($750K)
Adjustable assumption - not a lending recommendation.
$3,750,000
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List price
$3,750,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
50 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 1, 2026.
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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.
As of Oct 1, 2026, 5818 Ranch Road 165 Unit #Tract 1 is offered at $3,750,000. The current MLS snapshot shows 34 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.
Car-Dependent
N/A
Somewhat Bikeable
Walk Score measures walkability based on distance to amenities. Transit Score measures public transportation access. Bike Score measures bikeability based on bike infrastructure and terrain.
11 events on record
Current Price
$3,750,000
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.
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