Welcome to Dancing Oaks, a rare equestrian estate in the heart of Dripping Springs. Spread across 50 gently rolling acres shaded by heritage oaks, the property balances a private ranch lifestyle with first-class equestrian facilities, a custom residence, and multiple guest accommodations. It’s a turnkey setup for serious horse enthusiasts or recreational ranch buyers, yet versatile enough to appeal to investors and developers. Built for Horses The equestrian amenities at Dancing Oaks are extensive and thoughtfully designed. At the center is a 75x200 covered, lighted arena with premium Attwood Equine footing—perfect for training, competition, or clinics. Three barns, multiple sheds, and well-planned paddocks create an efficient and professional-grade environment. The Land Dancing Oaks covers nearly 49± usable acres, with both front and back pastures, mature oaks, and a spring-fed pond. The land is remarkably clean—gentle terrain with little to no rock—and has been impeccably maintained. Offering city water and two wells. A Development Opportunity Beyond its value as a private equestrian estate, Dancing Oaks is a compelling development opportunity. Located inside the Dripping Springs city limits and already benefiting from an ag exemption, the land offers both tax advantages and significant future potential. Its size, utilities, and location make it ideal for a variety of long-term investment strategies, from subdividing to creating a new residential community. Experience Dancing Oaks Dancing Oaks is more than a ranch—it’s a rare chance to own one of the most versatile and desirable 50-acre tracts in Dripping Springs. Whether you envision it as a private equestrian retreat, an income-producing horse facility, or a future development project, this property delivers on every level.
Active
$8,750,000
5200 Bell Springs Rd, Dripping Springs, TX 78620
3beds
3,100sqft
Est.:
Farm
Built in 1969
49.63 Acres Lot
$-- Zestimate®
$2,823/sqft
$-- HOA
What's special
Three barnsMultiple guest accommodationsFront and back pasturesFirst-class equestrian facilitiesCustom residenceSpring-fed pondWell-planned paddocks
- 8 hours |
- 30 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Chad Mahagan (512) 480-0848,
Moreland Properties (512) 480-0848
Source: Unlock MLS,MLS#: 3398629
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
- Main level bedrooms: 3
Primary bedroom
- Level: Main
Primary bathroom
- Level: Main
Kitchen
- Level: Main
Heating
- Central
Cooling
- Attic Fan, Central Air
Appliances
- Included: Built-In Oven(s), Gas Range, Electric Oven, Free-Standing Range, Gas Water Heater
Features
- Breakfast Bar, Central Vacuum, Laminate Counters, Electric Dryer Hookup, Multiple Living Areas, Pantry, Primary Bedroom on Main, Recessed Lighting, Storage, Walk-In Closet(s), Washer Hookup
- Flooring: Tile
- Windows: Vinyl Windows
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total interior livable area: 3,100 sqft
Property
Parking
- Total spaces: 2
- Parking features: Additional Parking, Asphalt, Attached, Enclosed, Garage, Garage Faces Side
- Attached garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Front Porch
- Exterior features: Private Entrance, Private Yard
- Pool features: Gunite, In Ground, Pool Sweep, Pool/Spa Combo, Waterfall
- Spa features: In Ground
- Fencing: Barbed Wire, Cross Fenced, Fenced, Perimeter
- Has view: Yes
- View description: Creek/Stream, Hill Country, Panoramic, Pasture, Pond, Trees/Woods
- Has water view: Yes
- Water view: Creek/Stream,Pond
- Waterfront features: Pond
Lot
- Size: 49.63 Acres
- Features: Agricultural, Farm, Gentle Sloping, Level, Private, Trees-Large (Over 40 Ft), Many Trees, Trees-Medium (20 Ft - 40 Ft), Trees-Small (Under 20 Ft), Views
Details
- Additional structures: Arena, Barn(s), Corral(s), Covered Arena, Garage(s), Grain Storage, Guest House, Outbuilding, Residence, Second Residence, Shed(s), Storage, Workshop
- Has additional parcels: Yes
- Parcel number: R15014
- Special conditions: Standard
- Horses can be raised: Yes
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Farm
Materials
- Foundation: Slab
- Roof: Metal
Condition
- Resale
- New construction: No
- Year built: 1969
Utilities & green energy
- Sewer: Septic Tank
- Water: Public, Well
- Utilities for property: Electricity Connected, Propane, Water Connected
Community & HOA
Community
- Features: None
- Subdivision: 4ABS
HOA
- Has HOA: No
Location
- Region: Dripping Springs
Financial & listing details
- Price per square foot: $2,823/sqft
- Tax assessed value: $500,220
- Annual tax amount: $8,089
- Date on market: 5/22/2026
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
- Road surface type: Asphalt, Caliche, Dirt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/22/2026 | Listed for sale | $8,750,000-20.5%$2,823/sqft |
Source:  Unlock MLS #3398629 Report a problem | ||
| 2/18/2026 | Listing removed | $11,000,000$3,548/sqft |
Source: Unlock MLS #2690199 Report a problem | ||
| 11/8/2025 | Listed for sale | $11,000,000-20.9%$3,548/sqft |
Source: Unlock MLS #2002961 Report a problem | ||
| 6/18/2025 | Listing removed | $13,900,000$4,484/sqft |
Source: Unlock MLS #1499624 Report a problem | ||
| 5/22/2025 | Listed for sale | $13,900,000$4,484/sqft |
Source: Unlock MLS #1499624 Report a problem | ||
| 3/24/2025 | Contingent | $13,900,000$4,484/sqft |
Source: Unlock MLS #1499624 Report a problem | ||
| 11/12/2024 | Price change | $13,900,000-6.7%$4,484/sqft |
Source: Unlock MLS #1499624 Report a problem | ||
| 8/16/2024 | Listed for sale | $14,900,000$4,806/sqft |
Source: Unlock MLS #1499624 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $500,220 -1.8% |
| 2024 | $6,839 +7.2% | $509,130 +2.5% |
| 2023 | $6,381 -11% | $496,947 +10% |
| 2022 | $7,172 +1.4% | $451,770 +10% |
| 2021 | $7,075 +2.8% | $410,700 +6.2% |
| 2020 | $6,883 -1% | $386,880 +3.5% |
| 2019 | $6,951 +1.2% | $373,750 +6% |
| 2018 | $6,865 +2.2% | $352,460 +2.6% |
| 2017 | $6,720 +5.6% | $343,530 +6.1% |
| 2016 | $6,364 +10.7% | $323,910 +5.6% |
| 2015 | $5,750 | $306,620 +6.9% |
| 2014 | $5,750 | $286,737 +10% |
| 2013 | -- | $260,670 |
| 2012 | -- | $260,670 |
| 2011 | -- | $260,670 |
| 2010 | -- | $260,670 -2.7% |
| 2009 | -- | $267,810 +1.5% |
| 2007 | -- | $263,770 +5.7% |
| 2006 | -- | $249,510 +11.6% |
| 2005 | -- | $223,660 +1.5% |
| 2004 | -- | $220,320 +1.5% |
| 2003 | -- | $216,990 |
| 2002 | -- | $216,990 +3% |
| 2001 | -- | $210,660 +11.5% |
| 2000 | -- | $188,980 |
Find assessor info on the county website
Monthly payment
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 78620
Nearby schools
GreatSchools rating
- 9/10Walnut Springs Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 8/10Dripping Springs Middle SchoolGrades: 6-8Distance: 0.7 mi
- 7/10Dripping Springs High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: Walnut Springs
- Middle: Dripping Springs Middle
- High: Dripping Springs
- District: Dripping Springs ISD
Source: Unlock MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Texas
- Hays County
- Dripping Springs
- 78620
- 5200 Bell Springs Rd
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