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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
$/Sq Ft
$2,823
Garage
2 spaces
Listed by Moreland Properties
Verified property facts
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 78620 median of $867,000.
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.
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.
5200 Bell Springs 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 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.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Listing timeline with current price, original ask, and market time.

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% ($1.8M)
$8,750,000
Luxury property intelligence
A sourced read on 4ABS pricing, timing, and property scale. No automated valuation claim.
List price
$8,750,000
Price per sqft
$2,823/sqft
Vs. 4ABS median
Not available
Days on market
9 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 May 31, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
District guide, nearby schools, and homes by attendance area
Private Austin CMA, TCAD context, and pricing strategy
Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($1,750,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 5200 Bell Springs RD is around $46,076 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $8,750,000, 5200 Bell Springs RD is in the 4ABS market where there are currently 234 active listings in 78620. The Keenan Group has completed 11 transactions in 78620 as part of 1,000+ career sales totaling $1B+ across Austin.
5200 Bell Springs RD was built in 1969 (57 years ago). Buyers should budget for potential updates to major systems.
5200 Bell Springs RD includes verified waterfront access: Pond. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
5200 Bell Springs RD sits on a 49.63-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.
Car-Dependent
N/A
Somewhat Bikeable
Walk Score measures walkability based on distance to amenities. Transit Score measures public transportation access. Bike Score measures bikeability based on bike infrastructure and terrain.
2 events on record
Current Price
$11,000,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
Best Match
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Recent sales for market context