
Mystic Hill Ranch offers 52 acres of breathtaking Texas Hill Country-what remains of an original 85-acre tract, with a portion already sold. Set in the heart of Dripping Springs, the property features sweeping panoramic views, abundant wildlife (including exotics), and a rare blend of privacy and accessibility with dual access from Hwy 290 and Henly Loop. Unrestricted and located outside city limits and the ETJ, this land provides the freedom to create without the burden of municipal restrictions. Positioned outside the Edwards Aquifer Recharge Zone, it also avoids costly specialized engineering requirements. Whether envisioned as a private estate, working ranch, or future development, Mystic Hill Ranch presents a rare opportunity to own a meaningful piece of the Hill Country.
Property Type
Commercial Sale
Lot Size
52.00 acres
Listed by Compass RE Texas, LLC
Verified property facts
7890 US 290 Hwy is listed at $3,895,000 with 0 bedrooms, 52.00-acre lot. This places it above the 78620 median of $867,000.
7890 US 290 Hwy 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.
With 20% down ($779,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 7890 US 290 Hwy is around $27,351 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $3,895,000, 7890 US 290 Hwy is in the NONE market where there are currently 228 active listings in 78620. The Keenan Group has completed 11 transactions in 78620 as part of 1,000+ career sales totaling $1B+ across Austin.
#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
Construction
Parking
5 records on file
Every recorded sale and lease at 7890 US 290 Hwy, 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% ($779K)
$3,895,000
Luxury property intelligence
A sourced read on NONE pricing, timing, and property scale. No automated valuation claim.
List price
$3,895,000
Price per sqft
Not available
Vs. NONE median
Not available
Days on market
107 days
Original to current
$100K reduction
$4M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Aug 16, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
7890 US 290 Hwy sits on a 52.00-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.
1 event on record
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
Balanced against price, location, and layout so nearby lookalikes rise first. Similar properties in NONE
Active listings near 7890 US 290 Hwy
Recent sales for market context