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#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024Loading
A Slice of Paradise in Majestic Hills! Build your custom home and MAINTAIN AG. EXEMPTION FOR LOW TAXES! Discover the serenity and natural beauty of Lot 45 on Falling Oak Drive in the heart of Blanco, Texas. This stunning 5-acre homesite is nestled within the picturesque Texas Hill Country, offering a perfect blend of privacy, tranquility, and breathtaking scenery. Perched on a gentle slope, the property provides an ideal canvas for a custom-built dream home, designed to capture the sweeping, panoramic views of rolling hills, native oak trees, and vibrant sunsets. Whether you envision a modern retreat, a rustic ranch-style estate, or a charming country escape, this lot offers the perfect setting to bring your vision to life. Located in the coveted Majestic Hills community, you’ll enjoy wide-open spaces, fresh country air, and an unparalleled sense of peace, all while being conveniently close to the charm of Blanco and the vibrant energy of nearby Texas Hill Country towns. Experience star-filled night skies, abundant wildlife, and the true essence of Hill Country living, all within a short drive to Austin or San Antonio. Don’t miss this rare opportunity to own a piece of Texas paradise—where nature meets luxury, and where your dream home awaits.
Property Type
Land
Lot Size
5.00 acres
HOA
$630/mo
Listed by Keller Williams Realty
Property Details
Lot Features
Fencing
Verified property facts
Lot 45 Falling Oak Dr is zoned for Blanco ISD with assigned schools: Blanco (elementary), Blanco (middle), Blanco (high). School assignments should be verified directly with the district.
Lot 45 Falling Oak Dr 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.
The most recent annual property tax for Lot 45 Falling Oak Dr is $733. 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 ($45,980) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for Lot 45 Falling Oak Dr is around $1,254 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
#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.
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.
20% ($46K)
$229,900
Luxury property intelligence
A sourced read on Majestic Hills Ranch pricing, timing, and property scale. No automated valuation claim.
List price
$229,900
Price per sqft
Not available
Vs. Majestic Hills Ranch median
Not available
Days on market
423 days
Original to current
No verified reduction
$229.9K 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
At $229,900, Lot 45 Falling Oak Dr is in the Majestic Hills Ranch market where there are currently 42 active listings in 78606.
Lot 45 Falling Oak Dr is part of a managed community with HOA dues of $630 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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