12501 Fitzhugh RD
About This Property
Discover an exceptional 111-acre Texas Hill Country ranch offering the perfect balance of privacy, natural beauty, and convenience. Located in Travis County just outside the ETJ, this remarkable property is only minutes from Dripping Springs and an easy drive to Austin, providing the ideal setting for a private retreat, family ranch, or future legacy estate.
The land features rolling terrain, Hill Country views, a picturesque pond, abundant native wildlife, and a peaceful landscape that captures the best of Central Texas living. A charming 1,175-square-foot cabin with 2 bedrooms and 1 bathroom provides a comfortable place to live or enjoy weekend getaways while you design and build your dream home. An outdoor pavilion creates the perfect space for entertaining family and friends, hosting gatherings, or simply enjoying evenings overlooking the property.
With ample room for multiple homesites, this ranch is ideally suited for a family compound, recreational retreat, or long-term investment. Rarely does a property of this size and location become available, offering the tranquility of country living with the convenience of nearby shopping, dining, and amenities in both Dripping Springs and Austin.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 20, 2026 | Listed by Stanberry REALTORS | $6,100,000 | |
| Listed by Stanberry REALTORS | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017