Legacy Thompson Ranch, a 237acre property located in Dripping Springs, Texas, is now on the market. This significant landholding, located on Mt. Gainor Road, is only four miles south of Highway 290. The property offers unspoiled hill country vistas and immense potential for development or conservation.
Unique Opportunities at Thompson Ranch
This ranch is listed at $6,500,000, which translates to approximately $27,426 per acre. Kasey Mock, a REALTOR and Accredited Land Consultant with The Mock Ranches Group, emphasizes the rarity of such large properties in the Dripping Springs vicinity. The area’s topography and fertile soil, complemented by majestic live oaks and a seasonal creek, offer a prime foundation for various future uses.
Key Features of the Ranch
- Location: Strategically positioned on Mount Gainor Road, with easy access to the Austin and San Antonio corridors.
- Topography: Offers moderate elevation changes with extensive views of classic hill country scenery.
- Vegetation: Includes towering live oaks and good soil with potential for diverse agricultural uses.
- Development Opportunity: Unimproved land ready for development or conservation.
Rising Demand in Hays County
Over recent years, Hays County has witnessed remarkable growth. From 2020 to 2023, the population increased by 16.4%, making it the secondfastestgrowing large county in the United States. This expansion is supported by strong job growth and infrastructure investments, signaling continued interest in the area.
Dripping Springs, in particular, is adapting to increased demand with new planning initiatives and retail expansions. These developments align with the area’s sustained annual growth rate of approximately 4.5% from 2010 to 2022, bringing the local population to over 300,000.
Potential Strategies for Buyers
- Phased Residential or Ranchette Development: Leveraging local growth and investment trends.
- Luxury Estate or Trophy Property: Creating a distinguished private retreat.
- Conservation Easement: Pursuing potential tax and legacy benefits.
Prospective buyers and brokers are invited to explore this unique opportunity. To tour the ranch, interested parties must schedule an appointment, ensuring privacy and exclusivity for qualified inquiries.