Spring-Fed Creek
For Sale
$28,000,000
Dripping Springs, TX 78620, Dripping Springs, TX 78620
Land, Dripping Springs, TX
Property SizeContact for details
Lot Size855.00 Acres
Days on Market96
Property Features
General Information
Property type
Land
Property subtype
Other
Parking features
Boat, RV
Vegetation
Wooded, Grassed, Cleared
Patio and Porch features
Deck
Exterior features
Awnings, Balcony, Barbecue, Deck, GasGrill, Lighting, OutdoorGrill, PrivateEntrance, PrivateYard, RainGutters, RvHookup, Storage
Fencing
Gate, Fenced
Fireplace
1
Lot features
Acreage, Agricultural, Cleared, Hardwood Trees, Landscaped, Pasture, Pond On Lot, Rolling Slope, Many Trees, Sprinkler System, Waterfront
View
Water
Elementary school
Lyndon B Johnson
Middle school
Lyndon B Johnson
High school
Lyndon B Johnson
Elementary school district
Johnson City ISD
Middle school district
Johnson City ISD
High school district
Johnson City ISD
Standard status
Active
Lot size
855.00 Acres
Taxes and HOA fees
Tax Annual Amount
16200
Utilities
Sewer type
Septic Tank
Heating system
Central, Fireplace(s), Electric (Heating)
Cooling system
Ceiling Fan(s), Electric, Central Air
Water source
Well
Water front features
Creek, Waterfront
Water front
1
Building Details
Year built
2008
Architectural style
Other
Additional Structures
Barn(s), Storage
Listing Agency:
Keller Williams Realty
(512) 448-4111
Listed By:
David Murray · License #0340639
(512) 695-2176
Added: Jul 10
Changed: Oct 8
Last Checked: Oct 13 at 9:06PM
MLS# 21291824
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 855-acre ranch includes nearly 1.5 miles of spring-fed Mustang Creek, several deep lakes, and varied terrain with valleys and elevated viewpoints. A 7,000-square-foot residence offers six bedrooms and seven bathrooms, along with an updated kitchen, elevator, wine room, and Savant AV system. Outdoor amenities include a negative-edge pool and entertaining areas. Additional improvements comprise a two-bedroom, one-bath foreman's house, a three-bedroom, two-bath guest home, an equestrian facility, and an equipment barn.
Access is via a gated, one-mile private paved road, and the ranch is high fenced. A pond sits near the entrance. Wildlife management improvements include 10 deer feeders, six turkey feeders, and six food plots. Mustang Creek is described as flowing year-round, including during drought conditions. The property is 2.5 miles from Highway 290 and approximately 45 minutes from downtown Austin; an additional 2,300 plus or minus acres are available.
Access is via a gated, one-mile private paved road, and the ranch is high fenced. A pond sits near the entrance. Wildlife management improvements include 10 deer feeders, six turkey feeders, and six food plots. Mustang Creek is described as flowing year-round, including during drought conditions. The property is 2.5 miles from Highway 290 and approximately 45 minutes from downtown Austin; an additional 2,300 plus or minus acres are available.
Key Highlights
- 855 acres with nearly 1.5 miles of Mustang Creek
- 7,000‑square‑foot residence with six bedrooms and seven bathrooms
- Three additional improvements: a two‑bedroom, one‑bath foreman's house, a three‑bedroom, two‑bath guest home, and an equipment barn
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
15
Businesses Nearby
Explore this area
Business Placement
Demographics for 78620, TX
20,493
Population
7,929
Households
2.6
Avg Household Size
43
Median Age
62%
College-Educated
97%
High-School Grad
175.6 sq mi
ZIP Area
117
Density / Sq Mi
$146,551
Median Household Income
$58,583
Median Earnings
$1,674
Median Rent
$624,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Ranch - A custom residence, equestrian facilities, and multiple water features complement the extensive ranch acreage.
Where is this ranch located?
The property is located at Dripping Springs, TX.
What is the asking price?
The asking price for this property is $28,000,000.
What are key features of this property?
This property features: 855 acres with nearly 1.5 miles of Mustang Creek; 7,000‑square‑foot residence with six bedrooms and seven bathrooms; Three additional improvements: a two‑bedroom, one‑bath foreman's house, a three‑bedroom, two‑bath guest home, and an equipment barn
