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Keenan Group#1 Austin Board of Realtors Team 2024
7890 US 290 Highway, aerial view with 7890 US 290 Hwy in Dripping Springs, Dripping Springs, Dripping Springs, TX
Active

$3,120,000

0Beds
52.00 acresLot

7890 US 290 Highway, Dripping Springs, TX 78620

Reduced 22%$3,995,000
Dripping Springs·MLS# 5318990·174 days on market

— 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.

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

Generous 52.00-acre lot

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.

  1. ActiveListed 2026
    Current price: $3,120,000Original list: $3,995,000MLS 9634733
    1. Listed · March 30, 2026$3,995,000
    2. Price changed · May 15, 2026$3,895,000
    3. Price changed · September 15, 2026$3,120,000
  2. ActiveListed 2026
    Current price: $3,120,000Original list: $3,995,000MLS 5318990
    1. Listed · May 1, 2026$3,995,000
    2. Price changed · May 15, 2026$3,895,000
    3. 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.

View Timeline
Current list
$3,120,000
Original list
$3,995,000
Price movement
$875K reduction
Listed / DOM
May 1, 2026 · 174 days
Map showing 7890 US 290 Highway
7890 US 290 Highway
Directions
Principal & interest
$17,282

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

Loan: $2.5M
Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-10-15
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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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Frequently Asked Questions

How much is 7890 US 290 Highway?

7890 US 290 Highway is listed at $3,120,000 with 0 bedrooms, 52.00-acre lot. This places it above the ZIP 78620 single-family closed-sale median price of $600,000 (ZIP 78620 geography · single-family closed sales · median sale price · trailing 12 months as of Oct 21, 2026).

How should a buyer estimate the monthly payment for 7890 US 290 Highway?

This page does not assume a mortgage rate or publish a monthly payment for 7890 US 290 Highway. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.

How does 7890 US 290 Highway compare with other homes in Dripping Springs?

As of Oct 15, 2026, 7890 US 290 Highway is offered at $3,120,000. The current MLS snapshot shows 225 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.

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

#1 ABoR Team 20241,000+ Career SalesCompass Luxury Collection Specialist

#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.

Unlock MLSMLS GRID

Listing courtesy of Unlock MLS as distributed by MLS GRID. Information deemed reliable but not guaranteed. Neither the listing broker nor Compass RE Texas, LLC shall be responsible for any typographical errors, misinformation, or misprints.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS, as amended from time to time.

Based on information submitted to MLS GRID as of 10/15/2026, 3:07:04 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Last updated: 10/15/2026, 3:07:04 PM

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