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#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024Loading
Verified property facts
103-205 Mount Gainor Rd is listed at $2,990,000 with 0 bedrooms, 38.71-acre lot. This places it above the 78620 median of $867,000.
103-205 Mount Gainor Rd is zoned for Dripping Springs ISD with assigned schools: Walnut Springs (elementary), Dripping Springs Middle (middle), Dripping Springs (high). School assignments should be verified directly with the district.
103-205 Mount Gainor Rd is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
With 20% down ($598,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 103-205 Mount Gainor Rd is around $20,996 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Listing timeline with current price, original ask, and market time.
Set across approximately 38.71 acres in Dripping Springs, this exceptional Hill Country offering brings together two adjoining tracts to create a rare opportunity for a private estate, family compound, or legacy homesite in a setting defined by beauty, space, and possibility. The land offers a compelling mix of level build sites, gently rolling terrain, mature native trees, bluff-top perspective, and sweeping views across the Onion Creek Valley, creating a dramatic and highly versatile backdrop for a custom residence designed to take full advantage of the landscape.
Behind a gated entrance within Mesa Del Arroyo, the property balances privacy and usability with multiple building areas, rich soil, and the flexibility to create a home and lifestyle that can unfold over time. A newly built, lined and stocked pond adds an immediate lifestyle amenity, while a domestic water well provides a strong foundation for future improvements. The tract also extends to the middle of Onion Creek, and owners enjoy access to a private creekside pavilion along with more than 4,250 linear feet of Onion Creek, offering an extraordinary connection to the land and the natural beauty that surrounds it.
With no HOA, light to minimal restrictions, wildlife tax exemption, and a location in sought-after Dripping Springs ISD just minutes from downtown Dripping Springs, this is a rare chance to build a dream home with room to breathe, grow, and create something truly lasting. Peaceful and secluded, yet close to dining, wineries, shopping, and everyday conveniences, the property captures the best of Hill Country living with scale, freedom, and long-term value.
Property Type
Land
Lot Size
38.71 acres
Listed by Compass RE Texas, LLC
Property Details
Lot Features
Fencing
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility. Ratings from GreatSchools.org.
20% ($598K)
$2,990,000
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List price
$2,990,000
Price per sqft
Not available
Vs. Mesa Del Arroyo median
Not available
Days on market
17 days
Original to current
No verified reduction
$3M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Apr 24, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
At $2,990,000, 103-205 Mount Gainor Rd is in the Mesa Del Arroyo market where there are currently 261 active listings in 78620. The Keenan Group has completed 11 transactions in 78620 as part of 1,000+ career sales totaling $1B+ across Austin.
103-205 Mount Gainor Rd sits on a 38.71-acre lot, providing substantial outdoor living space. Properties of this scale in Austin's luxury market typically feature pool areas, outdoor kitchens, and mature landscaping. Confirm specific amenities with the listing agent.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
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