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Verified property facts
205 Mount Gainor Rd is listed at $2,190,000 with 0 bedrooms, 28.63-acre lot. This places it above the 78620 median of $867,000.
205 Mount Gainor Rd is zoned for Dripping Springs ISD with assigned schools: Walnut Springs (7/10) (elementary), Dripping Springs Middle (middle), Dripping Springs (8/10) (high). School assignments should be verified directly with the district.
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.
The most recent annual property tax for 205 Mount Gainor Rd is $102. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
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Listing timeline with current price, original ask, and market time.
Perched above Onion Creek within the private Mesa Del Arroyo enclave, this property offers 28.63 acres of Hill Country beauty with long, panoramic views and multiple-level building areas for a true legacy compound. Behind a gated entrance, the land unfolds into a rare mix of bluff-top perspective, mature trees, wide-open sky, and the kind of privacy that’s difficult to replicate this close to town. A lined and stocked pond adds an instant lifestyle amenity, while a water well delivers a strong starting point for future improvements. The tract extends to the middle of Onion Creek, and Mesa Del Arroyo owners also enjoy access to a private creekside pavilion and over 4,250 linear feet of Onion Creek, a setting made for slow mornings, sunset walks, and weekends outdoors. With minimal restrictions, no HOA, and a wildlife tax exemption supporting low holding costs, this is a rare opportunity to build in sought-after Dripping Springs ISD, is less than 3 miles to downtown Dripping Springs, and less than 30 minutes to Austin. Dripping Springs offers the best of Hill Country living, small-town soul, open skies, and a growing town center with beloved local dining, nearby wineries & breweries, parks & trails, and new everyday conveniences taking shape as the area continues to grow.
Property Type
Land
Lot Size
28.63 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% ($438K)
$2,190,000
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List price
$2,190,000
Price per sqft
Not available
Vs. Mesa Del Arroyo median
Not available
Days on market
75 days
Original to current
No verified reduction
$2.2M 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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With 20% down ($438,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 205 Mount Gainor Rd is around $11,372 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $2,190,000, 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.
205 Mount Gainor Rd sits on a 28.63-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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