— bed, — bath on 52.00 acres in Dripping Springs. Dripping Springs, TX 78620. $3,120,000.
About This Home
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.
The 52-acre Mystic Hill Ranch at 7890 US 290 Highway in Dripping Springs sits on one of the few remaining large-tract properties in Hays County where genuine privacy meets practical accessibility. This is land that allows you to disappear from view while remaining minutes from the region's major employment centers and Austin's core.
The property's appeal begins with what it doesn't have: municipal restrictions. Located outside Dripping Springs city limits and its extraterritorial jurisdiction, this acreage operates under no HOA covenants, no density requirements, and no architectural review boards. The Edwards Aquifer Recharge Zone designation also does not apply here, eliminating the specialized engineering and permitting costs that typically constrain development on comparable Hill Country tracts. For buyers contemplating a working ranch, private estate, or future commercial development, these absences are as valuable as the land itself.
Dual highway access from US 290 and Henley Loop creates a rare combination: complete seclusion from public view paired with straightforward ingress and egress. The panoramic vistas sweep across native Hill Country terrain with wildlife populations that include exotic species, typical of ranches in this region. The property's topography and tree coverage provide natural screening that deepens the sense of isolation, even as you remain in an established Hill Country corridor.
The 52 acres represent what remains of an original 85-acre tract, reflecting the scarcity of undivided acreage in this market. Dripping Springs has experienced steady residential and commercial growth, making large contiguous parcels increasingly difficult to acquire. The Highway 290 frontage alone positions this land strategically between Austin's expanding employment centers and the Hill Country's residential communities.
For discerning buyers seeking autonomy over land use, environmental clarity, and the space to execute a personal vision without regulatory friction, Mystic Hill Ranch delivers on fundamentals. The combination of privacy, operational freedom, and strategic location makes this 52-acre parcel a rare finding in a market where large Hill Country ranches rarely reach the market intact.
The numbers behind this insight
- Offered at
- $3,120,000
- Listed
- May 1, 2026
- Price changes
- Reduced, down 21.9% from $3,995,000
Keenan Luxury Market Index: $3M-$5M single-family homes across the Austin area sold at a median $737 per sq ft over the trailing 12 months (185 sales), as of October 21, 2026.
- Property Type
- Commercial Sale
- Lot Size
- 52.00 acres
Listing information last updated September 15, 2026.
Listed by Compass RE Texas, LLC
MLS# 5318990 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Exterior & Lot
- Lot Size
- 52.00 Acres
Financial
- Original List Price
- $3,995,000
Utilities
- Electricity Available
Transaction History
2 records on file
Every recorded listing, sale, and lease at 7890 US 290 Highway, whoever represented it.
- ActiveListed 2026Current price: $3,120,000Original list: $3,995,000MLS 9634733
- Listed · March 30, 2026$3,995,000
- Price changed · May 15, 2026$3,895,000
- Price changed · September 15, 2026$3,120,000
- ActiveListed 2026Current price: $3,120,000Original list: $3,995,000MLS 5318990
- Listed · May 1, 2026$3,995,000
- Price changed · May 15, 2026$3,895,000
- Price changed · September 15, 2026$3,120,000
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
- $3,120,000
- Original list
- $3,995,000
- Price movement
- $875K reduction
- Listed / DOM
- May 1, 2026 · 174 days
District Schools Nearby
Dripping Springs High School
Sycamore Springs Middle School
Rooster Springs Elementary
Cypress Springs Elementary
Sycamore Springs Elementary
Walnut Springs Elementary
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.
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($624K)
Adjustable assumption - not a lending recommendation.
$3,120,000
Luxury property intelligence
Keenan Market Position
A sourced read on Dripping Springs pricing, timing, and property scale. No automated valuation claim.
List price
$3,120,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
174 days
Original to current
$875K reduction
$4M 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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