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This property has sold on September 28, 2026. Looking for something similar? Contact us or browse available homes.

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Off Marketas of Sep 28, 2026

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$4,250,000

last listed

5801 Mount Gainor Rd, Dripping Springs, TX 78620

Dripping Springs•MLS# 7797309
5beds
3bath
5,400sqft
Built1994

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5 bed, 3 bath, 5,400 sqft on 39.49 acres in Dripping Springs. Dripping Springs, TX 78620. Last listed at $4,250,000, sold September 28, 2026. Dripping Springs ISD.

About This Home

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.

Property Type
Residential
Year Built
1994
Lot Size
39.49 acres
Price / Sq Ft
$787
Garage
2 spaces
Pool
Yes

Listing information last updated August 14, 2026.

Listed by Keller Williams Realty

MLS# 7797309 • Closed

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

Properties displayed may be listed or sold by various participants in the MLS.

Highlights

Private pool and outdoor entertaining setup
2-car garage with additional parking capacity
Generous 39.49-acre lot
Built-in Features
Beamed Ceilings
Ceiling-High

Facts & Features

Interior

Features

  • Bar
  • Built-in Features
  • Beamed Ceilings
  • Ceiling-High
  • Chandelier
  • Granite Counters
  • Double Vanity
  • Eat-in Kitchen
  • Kitchen Island
  • Multiple Dining Areas
  • Multiple Living Areas
  • Primary Bedroom on Main
  • Soaking Tub
  • Sound System
  • Walk-In Closet(s)

Appliances

  • Bar Fridge
  • Cooktop
  • Dishwasher
  • Disposal
  • Dryer
  • Exhaust Fan
  • Ice Maker
  • Microwave
  • Oven
  • Washer
  • Dryer
  • Water Softener

Flooring

  • Wood
Heating
Central
Cooling
Central Air
Fireplaces
3
Exterior & Lot

Features

  • Gas Grill

Construction

  • Block
  • Frame
  • Masonry – All Sides

Lot Features

  • Agricultural
  • Farm
  • Landscaped
  • Native Plants
  • Many Trees
  • Views
  • Waterfall

Fencing

  • Full
  • Gate

Foundation

  • Slab

Patio / Porch

  • Deck
  • Patio
  • Porch
  • Rear Porch
  • Side Porch
  • Wrap Around
Roof
Metal
Lot Size
39.49 Acres

Parking

  • Additional Parking
  • Concrete
  • Driveway
  • Electric Gate
  • Garage
Garage Spaces
2
Pool
Yes

Waterfront

  • Creek
Financial
Original List Price
$4,950,000
Price per Sq Ft
$787
Utilities
  • Electricity Connected
  • Sewer Connected
  • Water Connected
Water Source
Well
Sewer
Aerobic Septic

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Price & Listing History

Active Under Contract with current price, original ask, and market time.

View Timeline
Current list
$4,250,000
Original list
$4,950,000
Price movement
$700K reduction
Listed / DOM
Apr 22, 2025

Tax Record

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

Assessed Value
$2,440
Assessment Year
2025
Parcel ID
10-0125-0003-00000-4
YearTaxesTotal AssessmentLandAdditions
2025
—$2,440$438,770—

Virtual Tour

Virtual tour of 5801 Mount Gainor Rd
Map showing 5801 Mount Gainor RD
5801 Mount Gainor RD
Directions

Zoned Schools & District Context

Dripping Springs ISD →

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.

20% ($850K)

Adjustable assumption - not a lending recommendation.

$4,250,000

Loan: $3.4M
Mortgage rate%
Payoff: ~2056
No mortgage rate is assumed
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Keenan Market Position

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

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

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Source: Public records and Keenan Group review as of Sep 29, 2026.

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Verified property facts

Frequently Asked Questions

What school district is 5801 Mount Gainor Rd in?

5801 Mount Gainor Rd is zoned for Dripping Springs ISD with assigned schools: Dripping Springs (elementary), Dripping Springs Middle (middle), Dripping Springs (high). School assignments should be verified directly with the district.

What are the property details for 5801 Mount Gainor Rd?

5801 Mount Gainor Rd is a Residential built in 1994 featuring 5 bedrooms, 3 full bathrooms, 5,400 square feet, 39.49-acre lot.

When was 5801 Mount Gainor Rd built?

5801 Mount Gainor Rd was built in 1994 (32 years ago). Buyers should budget for potential updates to major systems.

What is the water access at 5801 Mount Gainor Rd?

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.

Why Choose the #1 Austin Board Team for Dripping Springs

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Last updated: 9/28/2026, 9:07:14 PM

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