Currently under a wildlife agricultural exemption, this exceptional 47 acre property offers remarkably low property taxes while showcasing some of the most desirable land in the Texas Hill Country. Located just 15 minutes from Downtown Dripping Springs, the property features rolling terrain, scattered mature oak trees, expansive views, and outstanding recreational appeal. Multiple build sites throughout the ranch capture breathtaking long-range Hill Country views, offering endless possibilities for a future custom home, family compound, or weekend retreat. Recent selective clearing has opened up several areas of the property, enhancing both usability and view corridors while maintaining excellent wildlife habitat and privacy. A wet weather creek meanders through the ranch, complemented by two wet weather ponds that add character to the landscape and attract native wildlife. The diverse terrain, abundant tree cover, and open areas create an ideal balance of beauty, recreation, and functionality. The existing 3-bedroom, 2.5-bath home is positioned atop a hill and provides a comfortable place to enjoy the property while taking in the surrounding scenery. A rainwater collection system and water well supplies water to the residence. Conveniently located near Dripping Springs and just minutes from local wineries, breweries, and Hill Country attractions, this property offers a rare combination of privacy, natural beauty, low taxes, and exceptional potential in one of Central Texas' most sought-after areas!