Waterfront - Primary on Main
Address
Not Disclosed, Dripping Springs, TX
Price
$ 28,000,000

Your Agent

Queen Matthews

Queen Matthews

Managing Broker

346-258-4432

Property Attributes
  • MLS#5653359
  • TypeFarm
  • Listing Status Active
  • CountyHAYS
  • CityDripping Springs
  • AreaHD
  • Zip78620
  • StyleSingle Family Residence
  • Year Built2009
  • Taxes$ 16200
  • Price$ 28,000,000
  • Bedrooms6
  • Full Bathrooms7
  • Half Bathrooms0
  • Sqr Footage7000
  • Lot Size855 Acres
Data Source:
Austin Board of REALTORS® (ABOR) as distributed by MLS GRID
Property Description

Extraordinary 855-acre live-water ranch in the heart of the Texas Hill Country, located 15 minutes west of Dripping Springs, 2.5 miles from Highway 290, & approximately 45 minutes from downtown Austin. The property features nearly 1.5 miles of spring-fed Mustang Creek, flowing year-round—even in drought conditions—& dammed to create multiple deep lakes ideal for fishing, swimming, & paddleboarding. The renowned vineyard region (between Johnson City & Fredericksburg) is just 30 minutes away, as well as Wimberley. The land showcases dramatic elevation changes, with rolling valleys and commanding hilltops that deliver sweeping panoramic views in every direction. Crowning one of these hilltops is a 7,000 sq ft custom residence offering six bedrooms & seven bathrooms, thoughtfully upgraded with new hardwood floors, a fully updated kitchen, an elevator, a dedicated wine room, & a Savant AV control system. Outdoor living is equally impressive, with a negative-edge pool & expansive entertaining areas that take full advantage of the surrounding vistas. Privacy is paramount, with access provided by a gated, one-mile private paved road, & the entire ranch is high fenced. A large pond greets you at the entrance, & wildlife is abundant throughout the property. The ranch is managed under a wildlife plan and includes 10 deer feeders, six turkey feeders, & six established food plots, supporting a thriving habitat. Additional improvements near the creek include a two-bedroom, one-bath foreman’s house, a rustic three-bedroom, two-bath guest home, a well-designed equestrian facility, & a large equipment barn. Whether envisioned as a recreational retreat, hunting ranch, legacy estate, or private sanctuary, this property represents a rare offering that captures the very best of Texas ranch living and is a once in a generation opportunity for a ranch of this size and quality this close to Austin. Additional 2,300+/- acres available; see Agent for more information.

Elementary School Middle School High School
Lyndon B Johnson Elementary School Lyndon B Johnson Middle School Lyndon B Johnson (Johnson City ISD) High School
Price History
4/17/2026 Listed $28,000,000

General Features

Living Area 7000
Sewer Septic Tank
Heating Central
Cooling Central Air
Utilities Electricity Available,Phone Available
Roof Concrete,Tile
Appliances Built-In Oven(s),Convection Oven,Cooktop,Dishwasher,Disposal,Down Draft,Microwave,Double Oven,Refrigerator,Self Cleaning Oven,Trash Compactor
Garage Spaces 3
Patio/Porch Features Covered,Patio,Porch
Pool Features In Ground
Security Features Fire Alarm,Prewired,Smoke Detector(s)
Construction Materials Masonry – All Sides,Stone Veneer,Stucco
Year Built 2009
View Creek/Stream,Hill Country
Topography Level,Rolling
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
Waterfront Features Creek,Stream
Community Features None
Accessibility None
County Hays
New Construction No
Property Type Farm
HOA No
Energy Efficient None
Subdivision Name N/A
Facing Direction South
Green Sustainability None
Other Structures Barn(s),Outbuilding,Shed(s),Storage
Full Baths 7
Status Active
Directions Go west on Hwy 290 towards Dripping Springs,15 min past Dripping Springs turn Left on FM 165,Left on Loop 165 to entrance on left.
High School Lyndon B Johnson (Johnson City ISD)
City Dripping Springs
Disclosures See Remarks,Other Disclosures
MLS Area HD
Lot Size Square Feet 37243800
Spa Features Hot Tub
Elementary School Lyndon B Johnson
Middle/Junior High School Lyndon B Johnson
Property Condition Resale
Additional Parcels Y/N Yes
Virtual Tour https://www.relahq.com/mls/164130976
Builder Name Ron Ross
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 3002890
Virtual Tour https://mustangcreekranch.relahq.com

Interior Features

Interior Amenities Breakfast Bar,Ceiling-High,Double Vanity,Elevator,Interior Steps,Multiple Dining Areas,Multiple Living Areas,Primary Bedroom on Main,Walk-In Closet(s),Wet Bar,Wired for Sound,See Remarks
Flooring Carpet,Tile
Total Fireplaces 2
Fireplace Features Living Room,Wood Burning
Window Features See Remarks
Total Bedrooms 6
Main Level Bedrooms 1
LivingAreaSource Owner
Total Baths 7

Exterior Features

Exterior Amenities Barbecue,See Remarks
Fencing Fenced,See Remarks
Parking Features Detached,Door-Multi,Garage Door Opener,Golf Cart Garage
Lot Features Level,Rolling Slope,Sprinkler - Automatic,Sprinklers In Rear,Sprinklers In Front,Trees-Large (Over 40 Ft),Trees-Medium (20 Ft - 40 Ft),Waterfall
Water Source Well
Total Parking 3
Foundation Details Slab
Lot Size Acres 855
Road Surface Type Gravel,PVD
Waterfront Y/N No
Covered Spaces 3
Horse Y/N Yes
Horse Amenities See Remarks,Barn,Stable(s),Tack Room

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Farm Average in 78620

Price
AVG $4.87M
$28M
Taxes
AVG $10,937
$16,200
Year Built
AVG 2003
2009
Visits
AVG 97
128
Data Provided by Inside Real Estate®

Your Agent

Queen Matthews

Queen Matthews

Managing Broker

346-258-4432

Listed By
Keller Williams Realty;

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