18700 Madrone Ranch Trail, Austin, TX — photo 1
Motivated SellerEstimated by HomeLocating
1 / 40
$3,199,000
2 beds1 baths13,600 sqft

18700 Madrone Ranch Trail, Austin TX 78738

MLS #226498666 · Keller Williams Realty · Tricia Keith

Residential
Built in 2003
21 Acres Lot
$235/sqft
HOA $389 / monthly

About this home

Set within the exclusive Preservation Ranch community, Lot 2 offers 21+/- acres of beautiful Hill Country landscape, exceptional privacy, & expansive views from one of the highest elevations in Travis County. Recent land clearing has opened up the property & revealed its natural beauty, with multiple potential build sites positioned to take advantage of the surrounding hills & valleys. A rendering offers a glimpse of the possibilities for one of the property's beautiful potential build sites. Imagine building your dream home here, overlooking the canyon w/ panoramic Hill Country views & your own private equestrian facilities just steps away. At the heart of the property is a sprawling 13,000+ square-foot barn that captures the character & charm of a classic working ranch, w/ thoughtfully designed spaces for horses, equipment, & everyday ranch life. The barn features 10 horse stalls, each w/ outdoor runs, a feed room w/ ample grain storage, & a spacious tack & saddle room. Additional improvements include a 5-bay maintenance garage w/ a hydraulic vehicle lift, an air-conditioned machine shop w/ two garage bays, & a break room w/ a kitchen & full bath. Above the stable area, the Ranch Manager's apartment offers two bedrooms & one bath. Spanning approximately 930 acres of rolling terrain, Preservation Ranch is a private, gated community centered around nature, privacy, & land conservation. Residents enjoy miles of secluded hiking & riding trails, private creeks & streams, & access to the adjacent 2,400-acre conservation park. Located within Lake Travis ISD, Lot 2 offers the opportunity to create a private Hill Country estate w/ exceptional equestrian amenities, beautiful views, & the space to build a home that feels truly connected to its surroundings. Just 15 minutes from the Hill Country Galleria & approximately 30 minutes from downtown Austin, the property offers privacy & convenience within one of the Hill Country's most sought-after communities.

Property details

Property type
Residential · SingleFamilyResidence
Status
Active
Year built
2003
Full baths
1
Lot size
21
Subdivision
Preservation Ranch
MLS area
LS
MLS #
226498666

Features

Interior features

  • Ceiling Fan(s)
  • Open Floorplan
  • Recessed Lighting
  • Washer Hookup

Exterior features

  • See Remarks

Additional details

Parking
Garage
Garage spaces
5
Roof
Spanish Tile
Foundation
Slab
HOA
$389 / monthly

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Schools

Assigned schools per the MLS.

School district
Lake Travis ISD
Elementary
Bee Cave
Middle
Bee Cave Middle School
High
Lake Travis

See Lake Travis ISD schools & boundaries →

Comparable homes near 18700 Madrone Ranch Trail

Similar homes currently for sale nearby, ranked by distance.

Getting around

Downtown Austin
18.5 mi
Austin-Bergstrom Airport
24.1 mi

Straight-line distance, not drive time.

Market insights

Compared with 439 active homes in ZIP 78738 · HomeLocating listings

Area median price
$995,000
This home vs. median
222% above
Homes with a price cut
41%

At $3,199,000, this home is priced 222% above the $995,000 median across 439 active homes in ZIP 78738.

Estimated monthly payment

$22,697/mo
Principal & interest$16,176/mo
Property taxes (est.)
Home insurance (est.)
HOA dues

Home price

$3,199,000

Down payment

20% ($639,800)

Loan details

30-yr fixed, 6.50%

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Estimate only, not a lending offer or MLS data. Taxes, insurance, and HOA figures are estimated (see ⓘ above for detail); contact a lender to confirm your exact rate and payment.

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Listing courtesy of Keller Williams Realty · Tricia Keith

Listing data last updated Oct 2, 2026, 11:46 PM

Information is deemed reliable but not guaranteed and should be independently verified. Listing information is provided for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2026 HomeLocating.com.

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