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Mustang Ridge Estates, TX Real Estate

Mustang Ridge Estates is a quiet Hill Country community in Burnet County where properties sit on generous acreage lots, giving residents elbow room and open sky that is hard to find closer to Austin. The neighborhood draws buyers who want the texture of rural Texas living without completely giving up proximity to the conveniences of a real town. Marble Falls is just a short drive away, bringing restaurants, grocery stores, the Highland Lakes, and a genuine small-city character to everyday life. Homes here tend to be well-spaced on multi-acre parcels, and available land lots make it a destination for buyers looking to build on their own terms in the Hill Country. Neighborhoods | Schools | Market Overview | Lifestyle | Getting Around | FAQs

$425,000 Median Price
63 Avg Days on Market
1 Active Listings
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Recent Sales in This Area

5 bed, 2 bath, residential at 2221 Park View DR, Marble Falls TX 78654, Marble Falls TX Off Market
Sold Sep 2025
5 bd 2 ba 2,034 sqft
2221 Park View DR, Marble Falls TX 78654 Marble Falls, TX 78654
5 bed, 4 bath, residential at 2109 Park View DR, Marble Falls TX 78654, Marble Falls TX Off Market
Sold Jun 2025
5 bd 4 ba 2,362 sqft
2109 Park View DR, Marble Falls TX 78654 Marble Falls, TX 78654
3 bed, 2 bath, residential at 12204 Mustang DR, Buda TX 78610, Buda TX Off Market
Sold Jun 2025
3 bd 2 ba 1,620 sqft
12204 Mustang DR, Buda TX 78610 Buda, TX 78610
3 bed, 3 bath, residential at 101 Falling Creek CV, Marble Falls TX 78654, Marble Falls TX Off Market
Sold Mar 2025
3 bd 3 ba 3,723 sqft
101 Falling Creek CV, Marble Falls TX 78654 Marble Falls, TX 78654
Land at 35 Trophy Oak TRL, Marble Falls TX 78654, Marble Falls TX Off Market
Sold Feb 2025
0 bd 0 ba
35 Trophy Oak TRL, Marble Falls TX 78654 Marble Falls, TX 78654

About Mustang Ridge Estates, TX Real Estate

Neighborhoods & Subdivisions in Mustang Ridge Estates

The community is organized into two recorded sections: Mustang Ridge Estates and Mustang Ridge Estates Sec 01. Both share the same rural acreage character, with lots averaging over four acres. The section one plat tends to have the more established homes, while the broader Mustang Ridge Estates footprint includes parcels still available as raw land. That mix of built homes and undeveloped tracts is part of what makes this neighborhood appealing to buyers who want options, whether they are ready to move into an existing residence or planning a custom build down the road.

The properties here are not part of a master-planned subdivision with a central amenity core. Instead, the appeal is the land itself. Mature trees, rolling terrain, and wide-open skies define the setting. Lots are private by default, with natural buffers between neighbors rather than walls or fences. If you are browsing the broader Austin area homes for sale, Mustang Ridge Estates represents a distinctly different pace and property profile from what you would find inside the city.

Schools Serving Mustang Ridge Estates

Mustang Ridge Estates falls within a zone served by both Marble Falls ISD and Del Valle ISD, depending on the specific parcel. Marble Falls ISD is the district most buyers associate with this part of Burnet County. The district feeds through Colt Elementary and Marble Falls Middle School before reaching Marble Falls High School, which has a strong reputation in the region for academics and athletics. Del Valle ISD, which includes Creedmor Elementary and Ojeda Middle School leading to Del Valle High School, serves portions of the community closer to the Travis County boundary.

Buyers should confirm the specific school assignment for any parcel they are considering, as district boundaries in this part of Burnet County do not always follow intuitive lines. Both districts have dedicated staff and active communities, and the bifurcation is simply a function of where county and district lines intersect here.

Real Estate Market Overview

Mustang Ridge Estates is a low-turnover neighborhood. Properties here do not change hands frequently, which means buyers need to be patient and ready to move when the right listing surfaces. The market includes both developed residential properties and raw land, and each category attracts a different type of buyer. Residential homes in the neighborhood are typically single-story ranch-style builds on large lots, built for durability and comfortable Hill Country living rather than urban density.

Because the lots are large and the setting is rural, pricing reflects acreage value as much as the structure itself. Land buyers are often planning future builds and have a longer timeline. Residential buyers tend to be looking for something permanent, not a starter home. Neuhaus Realty Group has deep familiarity with Burnet County acreage properties and can help buyers understand the full picture, including well and septic considerations, road access, and utility availability, which matter a great deal in communities like this one.

Lifestyle in Mustang Ridge Estates

Living in Mustang Ridge Estates means trading the noise of the city for something quieter. Mornings here involve deer in the yard, hawks on the fence posts, and the kind of stillness that takes adjustment if you are coming from an urban ZIP code. The Hill Country terrain is rough and beautiful, with cedar and live oak covering the ridgelines and seasonal wildflowers working through the meadows in spring.

Nearby Marble Falls handles most of the practical needs: HEB, local restaurants along Main Street, medical facilities, and the kind of small-town infrastructure that makes rural living viable. The Highland Lakes chain, including Lake LBJ and Lake Marble Falls, puts boating, fishing, and waterfront dining within a short drive. For residents who want a taste of city culture, the drive to Austin opens up the full metro, but many who choose Mustang Ridge Estates do so precisely because they do not need it every weekend.

Getting Around from Mustang Ridge Estates

Mustang Ridge Estates sits in Burnet County, which puts it roughly 50 to 60 miles from downtown Austin depending on the route. US-183 and TX-29 are the primary corridors connecting this part of the Hill Country to the metro. Marble Falls itself is served by US-281, which runs north-south through the Highland Lakes region and connects quickly to US-71 for the stretch into Austin.

This is not a neighborhood for commuters who need to be downtown five days a week. Remote work has changed the calculus significantly for many buyers, and Mustang Ridge Estates is well-positioned for someone whose in-office days are limited. The drive is scenic and largely low-stress outside of peak tourist seasons on the Highland Lakes corridor. For buyers who do commute regularly, the tradeoff is the quality of land and lifestyle that simply cannot be replicated closer to Austin at a comparable price point.

Frequently Asked Questions

What school district serves Mustang Ridge Estates?
Mustang Ridge Estates is served by both Marble Falls ISD and Del Valle ISD depending on the specific parcel. Marble Falls ISD, with Colt Elementary, Marble Falls Middle School, and Marble Falls High School, covers most of the community. Buyers should verify the school assignment for any specific property before closing, as boundary lines here can be irregular.
How far is Mustang Ridge Estates from Austin?
The community is approximately 50 to 60 miles from downtown Austin, roughly an hour's drive depending on traffic and the specific route. US-183 and US-281 are the most common corridors. It is a manageable distance for buyers who work remotely or commute only a few days per week.
What kind of homes are available in Mustang Ridge Estates?
The neighborhood offers a mix of single-family residential homes and raw land parcels. Homes tend to be ranch-style builds on multi-acre lots, built for spacious Hill Country living. Available land lots appeal to buyers who want to design and build a custom home on their own timeline. There is no new production construction in the neighborhood.
What is the lot size typical for Mustang Ridge Estates?
Lots in Mustang Ridge Estates average over four acres, which is generous even by Hill Country standards. That kind of acreage provides natural privacy between neighbors and enough room for outbuildings, livestock, or simply open space. It is a meaningful departure from suburban lot sizes and a core part of the neighborhood's appeal.
Is Mustang Ridge Estates near Marble Falls?
Marble Falls is the closest town with full services, sitting just a short drive from the community. Marble Falls offers HEB, local dining, medical facilities, and access to the Highland Lakes. It functions as the practical hub for residents of Mustang Ridge Estates for everyday needs.
Does Mustang Ridge Estates have an HOA?
Mustang Ridge Estates does not have a traditional HOA with mandatory dues and a formal governing structure. However, some recorded deed restrictions may apply to individual sections of the plat. Buyers should review the deed and title documentation carefully to understand any restrictions tied to their specific parcel.
What are property taxes like in Burnet County?
Burnet County property tax rates are generally competitive with other Hill Country counties, typically running in the range of 1.5 to 1.9 percent of appraised value when combined with school district levies. Buyers purchasing agricultural or wildlife-exemption tracts may qualify for significantly reduced assessments. A local title company or tax consultant can provide a precise estimate for any specific parcel.
Is raw land available to buy in Mustang Ridge Estates?
Yes. Mustang Ridge Estates includes both built residential properties and undeveloped land parcels. Land buyers in this neighborhood are typically planning custom builds and appreciate the flexibility of selecting their own builder and timeline. Utility availability, well requirements, and septic permitting through Burnet County are important due diligence items for land purchasers.
Ed Neuhaus, Austin Realtor

Ed Neuhaus

Broker / Owner, Neuhaus Realty Group · TREC #593057

Licensed Texas Realtor since 2007 serving Austin and the Hill Country. Investor, STR operator, and straight-talking advisor for buyers, sellers, and investors. 16 five-star reviews.

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