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John Underwood

john@johnunderwoodaustin.com +1(512) 294-8802

$ 2,850,000

Est. payment | -/mo

39.66 Acres Lot

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$ 2,850,000

Est. payment | -/mo

Save

39.66 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Ranch

Listing Status Active

Purchase Type For Sale

MLS Listing ID 3018295

HOA Y/N No

Tax Year 2025

Lot Size 39.658 Acres

Acres 39.658

Property Sub-Type Ranch

Source actris

Property Description

Historic Pedernales River Ranch. Steeped in Texas history and stewarded by the Paul family since the 1950s, this extraordinary 39.66-acre ranch has exchanged hands only three times since the original Texas land grant of 1836. Rarely does a property with such heritage and potential become available, offering a unique opportunity to bring your vision to life in the heart of the Hill Country. Currently Agricultural Exempt, the property is fully fenced and features multiple level building sites ideal for a homestead, ranch headquarters, or future development. The land appears to not be zoned or located within an ETJ, providing incredible flexibility for both residential and commercial possibilities. The topography is mostly flat with gentle elevation changes that slope toward a Pedernales River slough, where you'll also find the unique and storied “living cave.” Walking access down to the slough provides scenic beauty and recreation, while higher ground outside the partial floodplain ensures plenty of usable space for construction. The property already has a water well and electrical is available, with a septic system needed for future improvements. Stands of mature oaks and native vegetation are scattered throughout, all set against a backdrop of iconic Texas sunsets. With only very light, seller-imposed restrictions, this land is truly ready for development and offers exceptional potential for commercial ventures. Located in the highly acclaimed Lake Travis ISD and less than a 10-minute drive to Pace Bend Park, this property offers unmatched versatility, natural beauty, and a legacy that stretches back to the earliest days of the Republic. Whether your dream is a private ranch retreat, an agricultural enterprise, or a commercial project with deep Texas roots, this is a rare chance to own a piece of Texas history and create something extraordinary.

Location

State TX

County Travis

Interior

Fireplace No

Exterior

Fence Barbed Wire, Full, Gate, Perimeter

Utilities Available Above Ground, Electricity Available

Waterfront Description See Remarks,River Front,Waterfront

View Hill Country, Panoramic, Pasture, River, Rural, Water

Private Pool No

Building

Lot Description Agricultural, Cleared, Farm, Few Trees, Gentle Sloping, Native Plants, Private, Rolling Slope, Trees-Large (Over 40 Ft), Many Trees, Trees-Medium (20 Ft - 40 Ft), Trees-Moderate, Trees-Small (Under 20 Ft), Trees-Sparse, Views

Water Well

New Construction No

Schools

Elementary Schools Serene Hills

Middle Schools Lake Travis

High Schools Lake Travis

School District Lake Travis Isd

Others

Special Listing Condition Standard

Listed by Longhorn Realty, LLC

Nearby Locations

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John Underwood

REALTOR® Lic# 811076

john@johnunderwoodaustin.com

+1(512) 294-8802

9600 Great Hills Trl, Ste 150W, Austin, TX 78759, USA

23601 Old Ferry RD #1 Spicewood, TX 78669

John Underwood

Key Details

Location

Interior

Exterior

Building

Schools

Others

23601 Old Ferry RD #1