See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

370 Gray Wolf, Blanco, TX, 78606

1beds
2baths
1,200sqft
$1,399,000
$1,166price/sqft
$8,189/moest. monthly cost
$327,560/yrincome needed

About This Home

*Owner Financing Available* New Price! Versatile 31.5+/- acres featuring a sleek 1200+/- contemporary guest house and matching 2400+/ sf multipurpose building offer the perfect blend of Hill Country adventure, hunting, agricultural use, privacy and tranquility just 45 mins from Austin or San Antonio to create the ultimate Hill Country Ranchette. Explore the trails by mountain bike or ATV, practice your swing from the Tifway 419 tee box, grow an orchard or vineyard, keep chickens horses and livestock, or simply enjoy the breezy hill country views overlooking the lined pond. Cinco Blanco Ranchette is an easily maintained retreat tucked away in the Hills of Madrone, where you'll find the exquisitely modern and streamlined guest house totally geared toward entertaining. This home pulls the outdoors in with luminous windows, inviting covered decks and features artisan finishes such as the floating hickory stair case and Level 5 drywall for that clean and contemporary feel. The perfect complement to the residential footprint is an expansive, temperature-controlled metal framed building that may be transformed to a main dwelling, currently utilized as both garage and workshop, which is also outfitted with (2) 50amp RV hookups located on the interior and exterior of the barn including cleanout, plus 10' and 12' towering roll up doors. Optimally efficient, improvements are wrapped in foam insulation and supported by a 30k gallon rainwater harvesting system. Truly an ideal ranchette for an owner who desires to immediately enjoy their property and potentially build a main residence now or in the future. Additional RV hookups have been installed along the scenic ridge. The property offers a variety of hardwoods: oaks, madrone, red bud and more creating a welcoming habitat for species of songbirds for the property's wildlife exemption. Axis and whitetail deer graze freely. Minutes to eateries, shopping, wineries, and distilleries with low carrying costs!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
15
BikeSomewhat Bikeable

Schools

6/10
Blanco Elementary SchoolGrades PK-51.7 mi
5/10
Blanco Middle SchoolGrades 6-81.8 mi
8/10
Blanco High SchoolGrades 9-122.2 mi

Construction

Condition

  • Year built: 2019

Materials

  • Construction materials: Other Exterior

Type & Style

  • Home type: SingleFamily
  • Architectural style: Contemporary
  • Property subType: Farm

Interior

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Interior Area

  • Total interior livable area: 1,200 sqft

Kitchen

  • Area: 1

Living Room

  • Area: 1

Master Bathroom

  • Area: 1

Master Bedroom

  • Area: 1

Property

Details

  • Parcel number: 18340
  • Other equipment: Large Tanks

Features

  • Stories: 2

Lot

  • Lot size: 31.50 Acres
  • Features: Agricultural

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingVery High
  • Drought
    DroughtRelatively High
  • Hail
    HailRelatively High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Strong Wind
    Strong WindModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Inland Flooding
Drought
Hail
Lightning
Tornado
Winter Weather
Cold Wave
Strong Wind
Wildfire

FEMA Declared Disasters Across Texas Counties

Severe Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $7,074$84,888
Home Insurance *$582$6,984
Property Taxes $295$3,540
Electricity $238$2,859
Total$8,189$98,268
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$280,765/yr
40% on housing$245,670/yr
45% on housing$218,373/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 3.9%
3.9%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: 5.8%
5.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,166This listing

vs Other Active Listings

Avg $/sqft

ZIP 78606$568
Blanco County$663

vs Homes Sold Last Month

Median $/sqft

ZIP 78606
Blanco County$252

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-01-20Price change$1,500,000
2025-04-29Price change$1,675,000
2025-03-01Listed for sale$1,685,000
2024-12-01Listing removed$1,695,000
2024-11-20Price change$1,695,000
2024-09-17Price change$1,750,000
2023-10-19Listed for sale$1,850,000
2023-07-07Listing removed--
2023-05-19Listed for sale$1,875,000

For Sale by Agent

AgentAndrea Anders
BrokerageAnders Realty

Similar Homes