Mr. Home Search
ActiveMLS #6879106

370 Gray Wolf, Blanco TX 78606

Blanco, TX 78606 · The Hills of Madrone Ranch

Single Family Residence for sale in The Hills of Madrone Ranch

1Bedrooms
1 full / 1 halfBathrooms
1,200Square Ft
31.50Acres
5Garage
2019Year Built
Price Reduced
1 / 39
$1,399,000$1,675,000
3D tour

Overview

Property Description

*Owner Financing Available* New Price! Versatile 31.5+/- acres featuring a sleek 1200+/- contemporary guest house and matching 2400+/ sf multipurpose building offer the perfect blend of Hill Country adventure, hunting, agricultural use, privacy and tranquility just 45 mins from Austin or San Antonio to create the ultimate Hill Country Ranchette. Explore the trails by mountain bike or ATV, practice your swing from the Tifway 419 tee box, grow an orchard or vineyard, keep chickens horses and livestock, or simply enjoy the breezy hill country views overlooking the lined pond. Cinco Blanco Ranchette is an easily maintained retreat tucked away in the Hills of Madrone, where you'll find the exquisitely modern and streamlined guest house totally geared toward entertaining. This home pulls the outdoors in with luminous windows, inviting covered decks and features artisan finishes such as the floating hickory stair case and Level 5 drywall for that clean and contemporary feel. The perfect complement to the residential footprint is an expansive, temperature-controlled metal framed building that may be transformed to a main dwelling, currently utilized as both garage and workshop, which is also outfitted with (2) 50amp RV hookups located on the interior and exterior of the barn including cleanout, plus 10’ and 12’ towering roll up doors. Optimally efficient, improvements are wrapped in foam insulation and supported by a 30k gallon rainwater harvesting system. Truly an ideal ranchette for an owner who desires to immediately enjoy their property and potentially build a main residence now or in the future. Additional RV hookups have been installed along the scenic ridge. The property offers a variety of hardwoods: oaks, madrone, red bud and more creating a welcoming habitat for species of songbirds for the property’s wildlife exemption. Axis and whitetail deer graze freely. Minutes to eateries, shopping, wineries, and distilleries with low carrying costs!

Financial Info
Price
$1,399,000
$ / Sqft
$1166
HOA
Yes - Mandatory / $375 / Annually
HOA Name
Hills of Madrone POA
HOA Includes
Common Area Maintenance
Tax Rate
1.441437%
Est. Taxes
$2,613.19
Tax Year
2022
Exemptions
Wildlife
Legal Info
Address
370 Gray Wolf
County
Blanco
City
Blanco
State
TX
Zip
78606
Subdivision
The Hills of Madrone Ranch
Legal Description
HILLS OF MADRONE RANCH , LOT 05 , ACRES 31.51
Parcel
18340
Interior Features
Floor
Concrete
Num Living
1
Dining
1
Appliances
Gas Cooktop, Microwave, Oven, Refrigerator
Laundry
Main Level
Master Main
No
Fireplaces
1
Fireplace Description
Living Room
Interior Features
See Remarks, None
General Info
Beds
1 Total / 1 Other Level
Full / Half Baths
1 / 1
Prop Type
Residential
Property Type
Single Family Residence
Stories
2
Year Built
2019 / Resale
Square Feet
1,200 / Owner
Garages
5
Garage Desc
Additional Parking, Gravel, RV Access/Parking, See Remarks
Foundation
Concrete Perimeter
Roof
Metal
Construction
Metal Siding
Acres
31.50
Lot Description
Gentle Sloping, Private, Views
Restrictions
Deed Restrictions
Flood Plain
No
View
Hill Country
Water Access
No
Waterfront
No
Area
BL
Utility Info
Water
Well
Sewer
Septic Tank
Utilities
Electricity Connected
Heat
Central
A C
Central Air
Exterior Features
Fence
Perimeter
Exterior Features
Balcony, RV Hookup, See Remarks, Covered, Patio
Pool On Property
No
Area Amenities
None

Price history

Members only
Days on market
−$276,000 (−16.5%)
$1,675,000 → $1,399,000
2
Price reductions
Active
Since Jul 31, 2025
Price trend
List priceJul 2025Jun 2026
Property history3 events
DateEventPriceChange
Jun 3, 2026Price Decrease$1,399,000−$101,000 (−6.7%)
Jan 20, 2026Price Decrease$1,500,000−$175,000 (−10.4%)
Jul 31, 2025New Listing

Taxes

Tax data isn’t available for this property’s county yet.

Schools

School Info
District
Blanco ISD
Elementary
Blanco
Middle
Blanco
High
Blanco

Maps

Financing

Your preferences

  • 20% down
  • Conv/Jumbo
  • 30 years
  • 6.50% rate

Saved on this device

List price $1,399,000
Down payment
Stays 20% if you change the price
Note rate, not APR
From this listing’s tax record
*Estimated only (1% of price / yr)

Estimated monthly payment

$8,458 / mo

20% down · 6.50% interest · 30-year fixed

Estimated monthly payment $8,458

Principal & interest
$7,074
Property taxes
$218
Homeowners insurance
$1,166

*PITI only

These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.

Principal, interest and balance for each year
YearStarting balancePrincipal paidInterest paidEnding balancePrincipal vs interest
1$1,119,200$12,510$72,380$1,106,690
2$1,106,690$13,347$71,542$1,093,343
3$1,093,343$14,241$70,648$1,079,102
4$1,079,102$15,195$69,694$1,063,907
5$1,063,907$16,213$68,677$1,047,694
6$1,047,694$17,298$67,591$1,030,396
7$1,030,396$18,457$66,432$1,011,939
8$1,011,939$19,693$65,196$992,246
9$992,246$21,012$63,877$971,234
10$971,234$22,419$62,470$948,814
  • Year 1$1,106,690
    Principal paid
    $12,510
    Interest paid
    $72,380
    Starting balance
    $1,119,200
  • Year 2$1,093,343
    Principal paid
    $13,347
    Interest paid
    $71,542
    Starting balance
    $1,106,690
  • Year 3$1,079,102
    Principal paid
    $14,241
    Interest paid
    $70,648
    Starting balance
    $1,093,343
  • Year 4$1,063,907
    Principal paid
    $15,195
    Interest paid
    $69,694
    Starting balance
    $1,079,102
  • Year 5$1,047,694
    Principal paid
    $16,213
    Interest paid
    $68,677
    Starting balance
    $1,063,907
  • Year 6$1,030,396
    Principal paid
    $17,298
    Interest paid
    $67,591
    Starting balance
    $1,047,694
  • Year 7$1,011,939
    Principal paid
    $18,457
    Interest paid
    $66,432
    Starting balance
    $1,030,396
  • Year 8$992,246
    Principal paid
    $19,693
    Interest paid
    $65,196
    Starting balance
    $1,011,939
  • Year 9$971,234
    Principal paid
    $21,012
    Interest paid
    $63,877
    Starting balance
    $992,246
  • Year 10$948,814
    Principal paid
    $22,419
    Interest paid
    $62,470
    Starting balance
    $971,234
First 10 of 30 years

Nearby

Courtesy of Anders Realty & Mortgage Group · (830) 481-4444

Listings courtesy of ACTRIS as distributed by MLS GRID.