$16,974,000 • 738 acres
This property is a one-of-a-kind opportunity to own a sizable tract of land in the Hill Country while enjoying convenient proximity to Bee Cave and Austin. Located on Hamilton Pool Road with approximately 0.34 miles of road frontage, the property is nearby many breweries, getaway retreats, outdoor activities, and Lake Travis ISD Schools. It is one of the largest undeveloped tracts in this part of the Hill Country and similar to several nearby properties, the Hamilton Pool Hilltop Ranch has a common sense conservation easement in place to facilitate long term conservation while at the same time allowing the owner the flexibility to utilize the property.
This property is located within Lake Travis ISD just minutes away from everyday necessities in Bee Cave and less than 45 minutes from downtown Austin on Hamilton Pool Road, Travis County, Texas. The property is approximately 10 miles from Dripping Springs, 84 miles from San Antonio, and 186 miles from Houston.
TOPOGRAPHY, RANGELAND & HABITAT
This 738 acres consists of dramatic topography allowing panoramic views, hilltops, ravines, unique private spots, and a good mixture of wooded and open areas providing habitat for a variety of hill country wildlife species. Some juniper management has been completed in recent years enhancing a couple of ideal building sites. Live oaks flourish throughout the property. The property exhibits dramatic topography ranging between 880-1,240 feet with multiple areas consisting of over 15% slope. As a result, the hilltops provide long-distance views in many directions. The low-elevation spots offer exceptional private locations that would be suitable for a building site.
There is a spring-fed creek that meanders along the northwestern boundary line resulting in minimal floodplain, approximately 17.2 acres. The creek holds water in several places regardless of rainfall or season. Bee Caves annual rainfall (in inches) is about 35 inches.
Bee Cave is an ideal destination when it comes to enjoyment, relaxation, and entertainment. The area has grown exponentially in the last decade, resulting in about a 78.2% population change since 2010. The majority of Bee Cave residents are established well-educated, well-traveled married couples. Popular attractions such as Hamilton Pool Preserve, Milton Reimers Ranch Park, Westcave Outdoor Discovery Center, and Pedernales Falls State Park are all a short distance away.
The property is currently accessed by an easement through the adjacent neighbors property. A new driveway is in progress off Hamilton Pool Road and driveway plans are available. The property has low annual property taxes due to wildlife management tax valuation; 2022 Travis County taxes were $1,247,49. The nearby active developments such as Sweetwater, Belvedere, West Cypress Hills, and Rough Hollow are all actively selling higher-end homes and properties from the mid-six figures to well into seven figures. Hamilton Pool Hilltop Ranch would make a spectacular weekend getaway, primary residence, or retreat-oriented hospitality development that aligns with the conservation easement.
The conservation easement on this property includes one subdivision and three building envelopes for primarily residential, ranching and recreational purposes. Common recreational/agricultural uses are allowed so long as they align with the conservation easement. Conservation easement does allow for certain commercial uses that are consistent with the easement and may include things such as: lodges, camps, retreats, education/research center.
Please contact broker for more details.
Co-listed with Republic Commercial Land & Brokerage, LLC