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.
Five-zero-zero-zero Bell Springs Road in Dripping Springs sits on nearly fifty acres designed entirely around the pursuit of serious recreation, making it one of the few properties where your weekend playground is also your full-time residence. The 3,100-square-foot stone residence anchors the estate, but the real draw is what surrounds it: a professional-grade equestrian facility that functions as a training ground, competition venue, and operational ranch all at once.
The centerpiece is a 75-by-200 covered and lighted arena with Attwood Equine footing, built for clinics, training sessions, and weekend competitions without leaving your property. Three barns, multiple storage sheds, and strategically positioned paddocks handle everything from daily turnout to breeding operations. The infrastructure here isn't decorative. It's built to work hard. Spring-fed pond water plus two wells provide reliable supply across the property, while city water access through Dripping Springs ensures you're never dependent on rainfall. The terrain is gentle and clean, minimal rock, which matters whether you're running ATVs with family or managing herds across back pastures.
The land itself spans 49.63 acres of mature oaks and productive acreage divided into front and back pastures. Those heritage oaks aren't just scenery. They provide genuine cooling and shelter, creating microclimates that make summer afternoons manageable and winter transitions less harsh. The undulating topography adds visual interest without the drainage problems that plague flat ranch land.
The main house offers three bedrooms, three full baths, and a half bath arranged around multiple living areas, meaning guests can spread out or gather depending on the weekend. Primary bedroom sits on the main floor. The kitchen has a gas range, built-in ovens, and a pantry. Central vacuum, recessed lighting, and walk-in closets handle the everyday details. A front porch faces the working property, giving you sightlines across your operation.
Located inside Dripping Springs city limits in the Dripping Springs subdivision but maintaining agricultural exemption status, the property carries both immediate utility and future optionality. Dripping Springs ISD schools serve the area, though families at this scale often manage education independently.
This is where the weekend never ends and the work keeps you engaged. Whether you're building a serious equestrian program, running seasonal events, or simply wanting a property that rewards activity, Dancing Oaks delivers the infrastructure to match the vision.
The numbers behind this insight
- Offered at
- $8,750,000
- Listed
- May 22, 2026
- Asking price per sq ft
- $2,823
Keenan Luxury Market Index: $5M-$10M single-family homes across the Austin area sold at a median $990 per sq ft over the trailing 12 months (44 sales), as of October 22, 2026.
- 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
Facts & Features
Interior
- Breakfast Bar
- Central Vacuum
- Laminate Counters
- Multiple Living Areas
- Pantry
- Primary Bedroom on Main
- Recessed Lighting
- Storage
- Walk-In Closet(s)
- Built-In Oven(s)
- Gas Range
- Electric Oven
- Free-Standing Range
- Water Heater
- Tile
- Heating
- Central
- Cooling
- Attic Fan,Central Air
- Fireplaces
- 1
Exterior & Lot
- Private Entrance
- Private Yard
- Stone
- 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
- Barbed Wire
- Cross Fenced
- Fenced
- Perimeter
- Slab
- Front Porch
- Roof
- Metal
- Lot Size
- 49.63 Acres
- Additional Parking
- Asphalt
- Attached
- Enclosed
- Garage
- Garage Faces Side
- Garage Spaces
- 2
- 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.
- ActiveListed 2026Current price: $8,750,000Original list: $8,750,000MLS 3398629
- 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.
- 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
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $7,840 | $5,297,740 | — |
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Zoned Schools
Dripping Springs
Dripping Springs Middle
Walnut Springs
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.
20% ($1.8M)
Adjustable assumption - not a lending recommendation.
$8,750,000
Luxury property intelligence
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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