7 bed, 8 bath, 8,000 sqft on 9.00 acres in Dripping Springs. Dripping Springs, TX 78620. $9,950,000. Johnson City ISD.
About This Home
This property has it all! Dreaming of horses, cars and fun? This exceptional Hill Country estate was designed for luxury living and entertainment w/car enthusiasts & horse lovers in mind. Built between 2022-25. Main house, party barn, horse barn, apartment, pond, beautifully landsacaped land, and garage space for 11 cars plus. 40 min from Austin. Active luxury STR. 4,500 sqft main house offers 5 beds/5 baths, w/a chef’s kitchen, built-in refrigerator, two Cove dishwashers, and custom cabinetry. Full bar w/beverage fridge, sink, sonic ice maker. Fleetwood slider doors and expansive windows open the home to a stunning outdoor living area with fireplace, dining space, outdoor kitchen. Speakers throughout entire property. Additional features include a media room with 120-inch screen and 4K projector, loft with bunks, walk-in pantry, safe room/storage room, laundry on both levels, attached 3-car garage, European white oak floors, Level 5 drywall, electronic shades, smart thermostats, and reverse osmosis water treatment. The 2,800 sqft party barn is perfect for entertaining. Completed in 2025 it includes a full kitchen, bar, lounge, arcade space, 2 bedrooms, 2 baths, upstairs living area, and major garage capacity with room for 8+ cars, or boat and RV storage. The horse barn features an apartment w/kitchen, living room, bed & bath. 5 stalls, Dutch doors, auto waterers, auto feeders, tack room, half bath, barn apartment, HDPE horse fencing. Fenced and leveled arena area could be easily completed and customized by new owners (needs fill/sand). Resort-style amenities include a huge pool, spa, pickleball, basketball, outdoor lighting, turf, and a half-acre stocked pond w/waterfall, aerator, auto-feeder. Solar panels, batteries, 2 water tanks, professional landscaping. Rare lifestyle property built for living well. It’s so special, you’ll never want to leave. Can also purchase neighboring property w/house & 7 acres listed at 3 million. Video is of both properties. Owner/Agent
- Property Type
- Residential
- Year Built
- 2022
- Lot Size
- 9.00 acres
- Price / Sq Ft
- $1,244
- Garage
- 7 spaces
- Pool
- Yes
Listing information last updated November 3, 2026.
Listed by Compass RE Texas, LLC
MLS# 3972715 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Bar
- Bidet
- Ceiling Fan(s)
- Ceiling-High
- Quartz Counters
- Double Vanity
- High Speed Internet
- Multiple Living Areas
- Pantry
- Primary Bedroom on Main
- Soaking Tub
- Two Primary Closets
- Walk-In Closet(s)
- Wet Bar
- Wired for Data
- Wired for Sound
- Dishwasher
- Disposal
- Dryer
- Microwave
- Plumbed For Ice Maker
- RNGHD
- Refrigerator
- Washer
- Water Heater
- Tankless Water Heater
- Wine Refrigerator
- Tile
- Wood
- Heating
- Central,Fireplace(s)
- Cooling
- Ceiling Fan(s),Electric,Heat Pump,Zoned
- Fireplaces
- 3
Exterior & Lot
- Gutters Full
- Spray Foam Insulation
- Board & Batten Siding
- Garden
- Landscaped
- Sprinkler - Partial
- Trees-Heavy
- Fenced
- Slab
- Covered
- Front Porch
- Patio
- Roof
- Metal
- Lot Size
- 9.00 Acres
- Additional Parking
- Boat
- Concrete
- Door-Multi
- Driveway
- Garage
- Gated
- Oversized
- RV Access
- Parking
- Garage Spaces
- 7
- Pool
- Yes
- Pond
Financial
- Original List Price
- $9,950,000
- Price per Sq Ft
- $1,244
Utilities
- Electricity Connected
- Propane
- Water Connected
- Water Source
- Well
- Sewer
- Septic Tank
Transaction History
2 records on file
Every recorded listing, sale, and lease at 475 Happy TRL, whoever represented it.
- ActiveListed 2026Current price: $12,950,000Original list: $12,950,000MLS 6742265
- Listed · June 29, 2026$12,950,000
- ActiveListed 2026Current price: $9,950,000Original list: $9,950,000MLS 3972715
- Listed · June 28, 2026$9,950,000
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
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Price & Listing History
Listed with current price, original ask, and market time.
- Current list
- $9,950,000
- Original list
- $9,950,000
- Price movement
- No verified reduction
- Listed / DOM
- Jun 28, 2026 · 130 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $1,344,360
- Assessment Year
- 2025
- Year Built
- 2022
- Parcel ID
- 11-4480-0000-002A2-7
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $1,344,360 | $300,420 | $1,270,300 |
Virtual Tour

Zoned Schools & District Context
Lyndon B Johnson
Sycamore Springs Middle School
Rooster Springs Elementary
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.
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
Illustrative down payment
20% ($2.0M)
Adjustable assumption - not a lending recommendation.
Home price
$9,950,000
Loan details
Luxury property intelligence
Keenan Market Position
A sourced read on Dripping Springs pricing, timing, and property scale. No automated valuation claim.
List price
$9,950,000
Price per sqft
$1,244/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
130 days
Original to current
No verified reduction
$10M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Nov 4, 2026.
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