Madrona Ranch: Luxury Hill Country Retreat with Income-Producing STR in Dripping Springs, TX
Located minutes from downtown Dripping Springs, 810-1 Kothmann Rd, Dripping Springs, TX 78620, Ranch blends luxury living with proven income performance. This 20+ acre Hill Country estate is currently operating as a successful short-term rental, supported by a robust rental history and excellent guest feedback. Elevated for sweeping views, the property also features a seasonal creek and thoughtful landscaping throughout.
The ranch is ag-exempt and developed to maximize both lifestyle and income. In addition to the main home, three detached guest casitas offer modern, resort-style accommodations that are ideal for hosting or renting. A 30×50 workshop, insulated well house, and 30,000-gallon holding tank add utility. The property is serviced by both a private water well and a rainwater collection system.
The land is fully fenced and accessed via a gated entrance and over half a mile of private paved road. Whether you’re growing an STR business or seeking a family retreat, Madrona Ranch provides multiple build sites and long-term potential. Located 45 minutes from Austin and 90 minutes from San Antonio, it’s a smart buy in a prime location. Additional acreage is available.
Key Features:
20+ unrestricted acres in Dripping Springs, a prime Texas Hill Country location
Active, income-producing short-term rental (STR) with exceptional guest reviews and strong booking history
Hilltop location with long-range views and dramatic elevation changes
Seasonal creek enhances natural charm during rainy seasons
Ag-exempt for lower property taxes
Main residence plus three upscale, modern guest casitas
Ideal setup for multigenerational living, hosting, or rental income
Improvements include:
30×50 workshop
Insulated well house
30,000-gallon water storage tank
Water from private water well and rainwater collection system
Fully fenced with gated entrance and over half a mile of private paved road
Multiple build sites for future expansion
Located 45 minutes from Austin and 90 minutes from San Antonio
Additional acreage available
This is a rare opportunity to own an income-generating estate in one of the most desirable areas of the Texas Hill Country. Whether you’re expanding your rental portfolio, building a family retreat, or seeking a private luxury ranch, Madrona Ranch offers unmatched flexibility and investment potential.