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For those looking to create a boutique hospitality property, retreat destination, wedding venue, or private multi-generational compound, Mystic Sky Ranch offers the land, layout, and infrastructure to support it. The property spans 53.62 acres and is available as a full offering or in separate configurations. 53.62-acre compound (full offering) $5,267,000 26-acre compound with over 10,000 SF across multiple structures $4,175,000 Additional 28-acre tract $1,092,000 Located in the Dripping Springs area, the property is organized as a collection of purpose-built structures designed to function as a compound rather than a single residence. Across more than 10,000 square feet, 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 in place. 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. The 53.62-acre setting features rolling Hill Country terrain, heritage oaks, open pasture, and a 150-year-old live oak. Located within reach of Austin, the property offers accessibility without sacrificing space or flexibility.

Source: Austin MLS, MLS#: 4163772

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  • Property Type
    Residential
  • Lot
    53.62 acres

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Pamela Buske

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 5818 Ranch Road 165


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/3/2026Source: Austin MLS Price Reduction
$5,267,000 -4.1%
6/3/2026Source: Austin MLS Price Reduction
$1,092,000 -2.5%
4/23/2026Source: Austin MLS Added to Database
April 23, 2026
4/23/2026Source: Austin MLS Added to Database
April 23, 2026
Listing provided courtesy of Kuper Sotheby's Int'l Realty- MLS# 4163772MLS Provider