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Active
    • $8,750,000

    5200 Bell Springs Rd, Dripping Springs, TX 78620

    3beds
    3,100sqft
    : 
    $62,689/mo
    Get pre-qualified
    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
    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.
    73 days
    |
    207
    |
    8
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    Zillow last checked:

    Listing updated:

    Listed by:

    Chad Mahagan (512) 480-0848,

    Moreland Properties (512) 480-0848

    Source: Unlock MLS,MLS#: 3398629MLS Logo

      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

        DateEventPrice
        5/22/2026Listed for sale$8,750,000-20.5%$2,823/sqft
        Source: Unlock MLS #3398629 Report a problem
        2/18/2026Listing removed$11,000,000$3,548/sqft
        Source: Unlock MLS #2690199 Report a problem
        11/8/2025Listed for sale$11,000,000-20.9%$3,548/sqft
        Source: Unlock MLS #2002961 Report a problem
        6/18/2025Listing removed$13,900,000$4,484/sqft
        Source: Unlock MLS #1499624 Report a problem
        5/22/2025Listed for sale$13,900,000$4,484/sqft
        Source: Unlock MLS #1499624 Report a problem
        3/24/2025Contingent$13,900,000$4,484/sqft
        Source: Unlock MLS #1499624 Report a problem
        11/12/2024Price change$13,900,000-6.7%$4,484/sqft
        Source: Unlock MLS #1499624 Report a problem
        8/16/2024Listed for sale$14,900,000$4,806/sqft
        Source: Unlock MLS #1499624 Report a problem

        Public tax history

        YearProperty taxesTax 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

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        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

        Getting around

        19 / 100
        Car-Dependent
        23 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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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