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

7beds
9baths
8,414sqft
$4,175,000
$496price/sqft
$27,319/moest. monthly cost
$1,092,760/yrincome needed

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 $4,375,000 Additional 28-acre tract $1,120,000 53.62-acre compound (full offering) $5,495,000 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.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
2
BikeSomewhat Bikeable

Schools

6/10
Blanco Elementary SchoolGrades PK-58.9 mi
5/10
Blanco Middle SchoolGrades 6-89.4 mi
8/10
Blanco High SchoolGrades 9-129.6 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 2001

Materials

  • Foundation: Slab
  • Roof: Tile

Other

  • Builder name: David Webber - Webber+Studio

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Built-In Gas Oven,Built-In Range,Built-In Refrigerator,Dishwasher,Oven,Washer/Dryer

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 9
  • Full bathrooms: 9
  • Main level bedrooms: 7

Features

  • Built-in Features,Ceiling Fan(s),Beamed Ceilings,Vaulted Ceiling(s),Walk-In Closet(s)
  • Window features: None
  • Flooring: Concrete,Tile,Wood
  • Number of fireplaces: 1
  • Fireplace features: Family Room

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 8,414 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 1568001001
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Private pool: Yes
  • Pool features: In Ground
  • Patio & porch: Covered,Patio
  • Exterior features: Uncovered Courtyard,Garden,Gas Grill,Outdoor Grill,Private Entrance,Private Yard
  • Fencing: See Remarks
  • Has view: Yes
  • View description: Hill Country
  • Waterfront features: Creek,Dry/Seasonal

Lot

  • Lot size: 26.64 Acres
  • Features: Private,Many Trees,Views

Parking

  • Parking features: Detached Carport,Driveway,Paved

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

  • Hail
    HailRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Drought
    DroughtModerate
  • Heat Wave
    Heat WaveModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Hail
Inland Flooding
Lightning
Strong Wind
Tornado
Winter Weather
Cold Wave
Drought
Heat Wave
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 $21,111$253,332
Home Insurance *$1,737$20,844
Property Taxes $3,548$42,576
Electricity $923$11,086
Total$27,319$327,828
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$936,651/yr
40% on housing$819,570/yr
45% on housing$728,506/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

$496This listing

vs Other Active Listings

Avg $/sqft

ZIP 78606$572
Blanco County$666

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)

Price History

DateEventPrice
2026-03-31Price change$4,375,000
2026-01-07Price change$4,595,000
2025-09-26Listed for sale$4,995,000

For Sale by Agent

AgentBridget Ramey
BrokerageKuper Sotheby's Int'l Realty

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