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5331 Hwy 290
Dripping Springs, TX, 78620
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$2,900,000
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27 bed, 21 bath, 1,985 sqft on 126.00 acres in Dripping Springs. Dripping Springs, TX 78620. $2,900,000.
Income producing 126 acre tract with much commercial potential. Over 1,800 feet of Hwy 290 frontage and over 1 mile of paved interior roads. Agricultural tax exemption. Outside the Dripping Springs ETJ !!! Eight residences plus a triplex rent on a month to month basis except for owner's home. 3 wells. 3 ponds. Creek. Views. Good soil. Fenced and cross fenced. Gated. Oversized arena. Barn. Workshop.
2 records on file
Verified property facts
5331 Hwy 290 is listed at $2,900,000 with 27 bedrooms, 21 full, 1 half bathrooms, 1,985 square feet, 126.00-acre lot. This places it above the ZIP 78620 single-family closed-sale median price of $867,000 (ZIP 78620 geography · single-family closed sales · median sale price · trailing 12 months as of Oct 1, 2026).
5331 Hwy 290 is a Farm built in 1980 featuring 27 bedrooms, 21 full, 1 half bathrooms, 1,985 square feet, 126.00-acre lot.
5331 Hwy 290 is listed by Rose Real Estate. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Sep 24, 2026.
This page does not assume a mortgage rate or publish a monthly payment for 5331 Hwy 290. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
Every recorded listing, sale, and lease at 5331 Hwy 290, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Listing timeline with current price, original ask, and market time.
District context schools are shown because address-level assigned school fields are not available for this property. Contact the school district directly to verify current boundaries and enrollment eligibility. Ratings from GreatSchools.org.
20% ($580K)
Adjustable assumption - not a lending recommendation.
$2,900,000
Luxury property intelligence
A sourced read on Dripping Springs pricing, timing, and property scale. No automated valuation claim.
List price
$2,900,000
Price per sqft
$1,461/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
Not available
Original to current
$600K reduction
$3.5M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Sep 24, 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
As of Sep 24, 2026, 5331 Hwy 290 is offered at $2,900,000. The current MLS snapshot shows 223 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.
5331 Hwy 290 was built in 1980 (46 years ago). Buyers should budget for potential updates to major systems.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
| Address | Offered At |
|---|---|
| 380 Waters Edge Cv | $2.58M |
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