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Keenan Group#1 Austin Board of Realtors Team 2024

$8,750,000

3Beds
3.5Baths
3,100Sq Ft
49.63 acresLot

5200 Bell Springs Rd, Dripping Springs, TX 78620

Dripping Springs·MLS# 3398629·Built 1969·153 days on market

3 bed, 3 bath, 3,100 sqft on 49.63 acres in Dripping Springs. Dripping Springs, TX 78620. $8,750,000. Dripping Springs ISD.

About This Home

Welcome to Dancing Oaks, a rare equestrian estate in the heart of Dripping Springs. Spread across 50 gently rolling acres shaded by heritage oaks, the property balances a private ranch lifestyle with first-class equestrian facilities, a custom residence, and multiple guest accommodations. It’s a turnkey setup for serious horse enthusiasts or recreational ranch buyers, yet versatile enough to appeal to investors and developers. Built for Horses The equestrian amenities at Dancing Oaks are extensive and thoughtfully designed. At the center is a 75x200 covered, lighted arena with premium Attwood Equine footing—perfect for training, competition, or clinics. Three barns, multiple sheds, and well-planned paddocks create an efficient and professional-grade environment. The Land Dancing Oaks covers nearly 49± usable acres, with both front and back pastures, mature oaks, and a spring-fed pond. The land is remarkably clean—gentle terrain with little to no rock—and has been impeccably maintained. Offering city water and two wells. A Development Opportunity Beyond its value as a private equestrian estate, Dancing Oaks is a compelling development opportunity. Located inside the Dripping Springs city limits and already benefiting from an ag exemption, the land offers both tax advantages and significant future potential. Its size, utilities, and location make it ideal for a variety of long-term investment strategies, from subdividing to creating a new residential community. Experience Dancing Oaks Dancing Oaks is more than a ranch—it’s a rare chance to own one of the most versatile and desirable 50-acre tracts in Dripping Springs. Whether you envision it as a private equestrian retreat, an income-producing horse facility, or a future development project, this property delivers on every level.

Property Type
Farm
Year Built
1969
Lot Size
49.63 acres
Price / Sq Ft
$2,823
Garage
2 spaces

Listing information last updated May 23, 2026.

Listed by Moreland Properties

MLS# 3398629 • Active

IDX inquiries: Keenan Group at Compass · (512) 415-7653

Highlights

2-car garage with additional parking capacity
Generous 49.63-acre lot
Breakfast Bar
Central Vacuum
Laminate Counters
Multiple Living Areas

Facts & Features

Interior

Features

  • Breakfast Bar
  • Central Vacuum
  • Laminate Counters
  • Multiple Living Areas
  • Pantry
  • Primary Bedroom on Main
  • Recessed Lighting
  • Storage
  • Walk-In Closet(s)

Appliances

  • Built-In Oven(s)
  • Gas Range
  • Electric Oven
  • Free-Standing Range
  • Water Heater

Flooring

  • Tile
Heating
Central
Cooling
Attic Fan,Central Air
Fireplaces
1
Exterior & Lot

Features

  • Private Entrance
  • Private Yard

Construction

  • Stone

Lot Features

  • Agricultural
  • Farm
  • Gentle Sloping
  • Level
  • Private
  • Trees-Large (Over 40 Ft)
  • Many Trees
  • Trees-Medium (20 Ft - 40 Ft)
  • Trees-Small (Under 20 Ft)
  • Views

Fencing

  • Barbed Wire
  • Cross Fenced
  • Fenced
  • Perimeter

Foundation

  • Slab

Patio / Porch

  • Front Porch
Roof
Metal
Lot Size
49.63 Acres

Parking

  • Additional Parking
  • Asphalt
  • Attached
  • Enclosed
  • Garage
  • Garage Faces Side
Garage Spaces
2

Waterfront

  • Pond
Financial
Original List Price
$8,750,000
Price per Sq Ft
$2,823
Utilities
  • Electricity Connected
  • Propane
  • Water Connected
Water Source
Public,Well
Sewer
Septic Tank

Transaction History

1 record on file

Every recorded listing, sale, and lease at 5200 Bell Springs RD, whoever represented it.

  1. ActiveListed 2026
    Current price: $8,750,000Original list: $8,750,000MLS 3398629
    1. Listed · May 22, 2026$8,750,000

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

Listing timeline with current price, original ask, and market time.

View Timeline
Current list
$8,750,000
Original list
$8,750,000
Price movement
No verified reduction
Listed / DOM
May 22, 2026 · 153 days

Tax Record

Public record data from county appraisal records. Market value can differ from assessed value.

Assessed Value
$7,840
Assessment Year
2025
Parcel ID
10-0222-0043-00000-4
YearTaxesTotal AssessmentLandAdditions
2025
—$7,840$5,297,740—

Virtual Tour

Virtual tour of 5200 Bell Springs Rd
Map showing 5200 Bell Springs RD
5200 Bell Springs RD
Directions
1 High School1 Middle School1 Elementary School

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.

Principal & interest
$48,467

Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.

20% ($1.8M)

Adjustable assumption - not a lending recommendation.

$8,750,000

Loan: $7.0M
Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-10-15
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Keenan Market Position

A sourced read on Dripping Springs pricing, timing, and property scale. No automated valuation claim.

List price

$8,750,000

Price per sqft

$2,823/sqft

Vs. Neighborhood guide reference price

Not available

Days on market

153 days

Original to current

No verified reduction

$8.8M original

Active inventory context

Ask for current inventory

Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.

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Frequently Asked Questions

How much is 5200 Bell Springs Rd?

5200 Bell Springs Rd is listed at $8,750,000 with 3 bedrooms, 3 full, 1 half bathrooms, 3,100 square feet, 49.63-acre lot. This places it above the ZIP 78620 single-family closed-sale median price of $600,000 (ZIP 78620 geography · single-family closed sales · median sale price · trailing 12 months as of Oct 21, 2026).

What school district is 5200 Bell Springs Rd in?

5200 Bell Springs 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.

What are the property details for 5200 Bell Springs Rd?

5200 Bell Springs Rd is a Farm built in 1969 featuring 3 bedrooms, 3 full, 1 half bathrooms, 3,100 square feet, 49.63-acre lot.

What are the property taxes for 5200 Bell Springs Rd?

The most recent annual property tax for 5200 Bell Springs Rd is $8,089. 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.

How should a buyer estimate the monthly payment for 5200 Bell Springs Rd?

This page does not assume a mortgage rate or publish a monthly payment for 5200 Bell Springs Rd. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.

How does 5200 Bell Springs Rd compare with other homes in Dripping Springs?

As of Oct 15, 2026, 5200 Bell Springs Rd is offered at $8,750,000. The current MLS snapshot shows 225 active listings in 78620. Keenan Group has completed 15 verified transactions in 78620 within its 1,000+ completed transactions and $1B+ career volume across Austin.

When was 5200 Bell Springs Rd built?

5200 Bell Springs Rd was built in 1969 (57 years ago). Buyers should budget for potential updates to major systems.

What is the water access at 5200 Bell Springs Rd?

The MLS listing marks 5200 Bell Springs Rd as waterfront. The reported waterfront feature is Pond. Confirm shoreline access, dock rights, and floodplain status from current property documents during due diligence.

Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.

Why Choose the #1 Austin Board Team for Dripping Springs

#1 ABoR Team 20241,000+ Career SalesCompass Luxury Collection Specialist

#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.

25+ years advising buyers and sellers in this community

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Last updated: 10/15/2026, 1:07:08 PM

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