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12 AG exempt acres with existing water well set the stage for this exceptional opportunity at Lot 40 in Miller Creek Ranch, a gated community designed for privacy and peaceful country living. The property is graced with numerous mature oak trees and other hardwoods, creating a beautiful, shaded landscape full of character. With the water well already in place, you’ll save both time and expense as you plan your custom home or weekend retreat. Fully fenced and ready for use, this tract is ideal for livestock, recreation, or simply enjoying wide-open space. The AG exemption provides the added benefit of reduced property taxes while maintaining flexibility in how you use the land. For buyers seeking even more room to spread out, an additional 12 acres is available next door offering a rare chance to expand within this desirable gated development. If you're looking for usable acreage with key improvements already completed, Lot 40 at Miller Creek Ranch is ready to bring your vision to life. Welcome Home to Miller Creek Ranch!
Property Type
Land
Lot Size
12.00 acres
HOA
$500/mo
Listed by Longhorn Realty, LLC
Property Details
Lot Features
Waterfront
Verified property facts
Lot 40 Maverick WAY is zoned for Lampasas ISD with assigned schools: Kline Whitis (elementary), Lampasas (middle), Lampasas (high). School assignments should be verified directly with the district.
Lot 40 Maverick WAY 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.
With 20% down ($67,200) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for Lot 40 Maverick WAY is around $2,359 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $336,000, Lot 40 Maverick WAY is in the Miller Creek market where there are currently 6 active listings in 78608.
#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.

Lampasas 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.
20% ($67K)
$336,000
Luxury property intelligence
A sourced read on Miller Creek pricing, timing, and property scale. No automated valuation claim.
List price
$336,000
Price per sqft
Not available
Vs. Miller Creek median
Not available
Days on market
45 days
Original to current
$54K reduction
$390K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 1, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
Private Austin CMA, TCAD context, and pricing strategy
Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
Lot 40 Maverick WAY includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
Lot 40 Maverick WAY is part of a managed community with HOA dues of $500 annually. HOA-managed communities in Austin's luxury market typically provide amenities such as common areas, security, and exterior maintenance. Verify current dues and rules with the HOA directly.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Best Match
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Active listings near Lot 40 Maverick WAY