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$4,250,000
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5 bed, 3 bath, 5,400 sqft on 39.49 acres in Dripping Springs. Dripping Springs, TX 78620. $4,250,000. Dripping Springs ISD.
Welcome to Seven Falls Ranch—a 39.5-acre live water Hill Country oasis offering a rare mix of scenic beauty, privacy, and turnkey improvements. Located off Mt. Gainor Rd. with over 3,000’ of road frontage, this unrestricted property is just 15 min to Dripping Springs/Wimberley and 50 min to downtown Austin.
Land + Water Features: Elevated views from the main home provide constant breezes and stunning sunsets. The land features varied topography with multiple homesites, open pasture at the entrance, and a wooded creek bottom lined with Live Oaks and hardwoods. A newly built lined pond and 3,300' along spring-fed Cat Hollow creek and the wet weather Storm Creek with five low-water crossings and seven waterfalls enhance the property’s natural appeal. Both creeks merge on the property to then feed into the nearby Onion Creek. The land is teeming with Whitetail Deer and Turkeys and is mostly surrounded by large neighboring ranches, perfect for privacy and wildlife. Three large hunting blinds and nine feeders are in place for hunters and wildlife lovers alike.
Main Home + Improvements: The 5,400 sqft 5BD/3BA masonry home blends rustic charm with modern upgrades. Highlights include a spacious family room with wet bar and fireplace, pool room, formal living, and office. A large wraparound deck, covered porch, huge pool and spa, outdoor fire pit, and grilling area offer exceptional outdoor living and entertainment options. Additional improvements include a 1BD/1BA foreman’s cabin, multiple barns/sheds/garage (one convertible to guest quarters), and a standout air-conditioned treehouse with bunk beds and a prime pond view—perfect for kids or guests.
Other Features: Well, septic, power, and internet in place. Unrestricted. Ag-exempt through wildlife management (2024 taxes: $6,205). Split between Dripping Springs and Wimberley ISD—two of the Hill Country’s top-rated districts.
5801 Mount Gainor Rd in Dripping Springs, TX 78620 spans 39.49 acres with live water, seven waterfalls, and about 3,300 feet of frontage along spring-fed Cat Hollow Creek and the wet weather Storm Creek. Priced at $4.25 million, or $787 per square foot, 5801 Mount Gainor Rd is a Residential - Single Family Residence centered on a 5,400-square-foot home built in 1994 with 5 bedrooms, 3 bathrooms, a pool, 3 fireplaces, and a 2-car garage.
The land is the headline here. With more than 3,000 feet of frontage on Mount Gainor Road, the property opens with pasture near the entrance, then shifts into wooded creek bottom lined with Live Oaks and hardwoods. Both creeks merge on the property before feeding nearby Onion Creek, a rare water feature that gives this part of western Hays County lasting appeal. A newly built lined pond, five low-water crossings, multiple homesites, and large neighboring ranches create privacy and flexibility without sacrificing access. Whitetail deer and turkeys are part of the day-to-day setting, not a novelty, and the varied topography gives the ranch real use for recreation, hunting, or long-term planning.
The main house is set up for full-time living, weekend use, or multigenerational stays. Inside, the layout includes large gathering areas, a wet bar, formal living space, an office, and a pool room. Outside, a wraparound deck, covered porch areas, a pool and spa, a fire pit, and a grilling area make the improvements practical for entertaining or quiet time at home. There is also a 1 bed, 1 bath foreman’s cabin, multiple barns and sheds, garage space that can convert to guest quarters, and an air-conditioned treehouse with bunk beds overlooking the pond. Well, septic, power, and internet are already in place. The property is unrestricted and ag-exempt through wildlife management, with 2024 taxes reported at $6,205.
For daily logistics, the drive is about 15 minutes to Dripping Springs, about 15 minutes to Wimberley, and about 50 minutes to downtown Austin. The property is served by Dripping Springs ISD, with schools listed as Dripping Springs Elementary, Dripping Springs Middle, and Dripping Springs High School. For buyers asking what it is like to live at 5801 Mount Gainor Rd, the answer is simple: this is a large-acreage Dripping Springs property with real water, established improvements, and room to use the land in several ways, a combination that should continue to hold both lifestyle appeal and long-term value.
Verified property facts
5801 Mount Gainor RD is listed at $4,250,000 with 5 bedrooms, 3 full bathrooms, 5,400 square feet, 39.49-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).
5801 Mount Gainor RD is zoned for Dripping Springs ISD with assigned schools: Dripping Springs (6/10) (elementary), Dripping Springs Middle (middle), Dripping Springs (8/10) (high). School assignments should be verified directly with the district.
5801 Mount Gainor RD is a Residential built in 1994 featuring 5 bedrooms, 3 full bathrooms, 5,400 square feet, 39.49-acre lot.
5801 Mount Gainor RD is listed by Keller Williams Realty. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using public records data reviewed as of Sep 29, 2026.
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2 records on file
Every recorded listing, sale, and lease at 5801 Mount Gainor RD, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Active Under Contract 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% ($850K)
Adjustable assumption - not a lending recommendation.
$4,250,000
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List price
$4,250,000
Price per sqft
$787/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
Not available
Original to current
$700K reduction
$5M original
Active inventory context
Ask for current inventory
Source: Public records and Keenan Group review as of Sep 29, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
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This page does not assume a mortgage rate or publish a monthly payment for 5801 Mount Gainor RD. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Sep 29, 2026, 5801 Mount Gainor RD is offered at $4,250,000. 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.
5801 Mount Gainor RD was built in 1994 (32 years ago). Buyers should budget for potential updates to major systems.
The MLS listing marks 5801 Mount Gainor RD as waterfront. The reported waterfront feature is Creek. 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.
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.
| Address | Offered At |
|---|---|
| 380 Waters Edge Cv | $2.58M |
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