3340 Martin RD, Dripping Springs TX 78620
Dripping Springs, TX 78620 · na
Single Family Residence for sale in na
Overview
Property Description
Owner Financing Possible— Unrestricted 42+ Acre Hill Country Masterpiece – Luxury Living Meets Endless Possibilities in Dripping Springs. Nestled in the heart of Texas Hill Country just outside vibrant Dripping Springs (11 Mins to Dripping Springs High School, Dripping Springs Middle School, and Walnut Springs Elementary School), this rare, unrestricted 68-acre estate offers privacy, luxury, and true freedom. Minutes from town’s distilleries, wineries, breweries, and top schools, yet worlds away with easy access to Austin (~30-45 min). The custom modern farmhouse boasts elegant stone and board-and-batten siding, a sleek metal roof, expansive windows, and seamless indoor-outdoor flow under a canopy of mature live oaks. Step outside to the resort-style pool overlooking rolling hills and breathtaking sunsets—perfect for entertaining or serene escapes. Equestrian enthusiasts will appreciate the established horse facilities: a spacious 4 stall barn with covered areas, tack room, Bumk Room w/ full Bathroom, 4.5-acre fenced turn-out pasture, and trailer storage, set amid open pastures ideal for grazing or riding. The standout party barn—with covered porch, 2 large roll-up doors, half-court basketball court and studio apartment—serves as an ideal event space, workshop, guest retreat, or hobby haven. A scenic wet-weather creek threads through the property, enhancing natural beauty and attracting wildlife, while gently rolling terrain, native grasses, and ancient oaks evoke authentic Texas ranch living. With no restrictions, envision your dream: expand the equestrian setup, add structures, start a vineyard, create a family compound, or simply enjoy the freedom of 42+ acres of prime Hill Country land. Stunning views, dramatic sunsets, abundant wildlife, and your private oasis in one of Texas’s most desirable areas. NEW SURVEY PURCHASED BY SELLERS. BUYER RESPONSIBLE FOR ALL DUE DILIGENCE. Also listed under MLS 2335875 for the purchase of the full 68 acres.
Financial Info
- Price
- $5,500,000
- $ / Sqft
- $1504
- HOA
- None
- Tax Rate
- 2.02%
- Est. Taxes
- $19,145
- Tax Year
- 2025
- Exemptions
- Agricultural, Homestead
Legal Info
- Address
- 3340 Martin RD
- County
- Hays
- City
- Dripping Springs
- State
- TX
- Zip
- 78620
- Subdivision
- na
- Legal Description
- A0170 J B ELLIOTT SURVEY
- Parcel
- 1001700013000004
Interior Features
- Floor
- See Remarks
- Num Living
- 1
- Dining
- 1
- Appliances
- See Remarks
- Laundry
- See Remarks
- Master Main
- Yes
- Fireplaces
- 1
- Fireplace Description
- See Remarks
- Interior Features
- See Remarks
General Info
- Beds
- 4 Total / 4 Main Level
- Full / Half Baths
- 4 / 1
- Prop Type
- Residential
- Property Type
- Single Family Residence
- Stories
- 1
- Year Built
- 2020 / Resale
- Square Feet
- 3,656 / Public Records
- Garages
- 3
- Garage Desc
- See Remarks
- Foundation
- Slab
- Roof
- Metal
- Construction
- See Remarks
- Acres
- 42.80
- Lot Description
- Agricultural, Native Plants
- Restrictions
- None
- Flood Plain
- See Remarks
- View
- Hill Country
- Water Access
- No
- Waterfront
- No
- Area
- HD
Utility Info
- Water
- See Remarks
- Sewer
- Aerobic Septic
- Utilities
- See Remarks, Internet-Cable
- Heat
- Central, Fireplace(s)
- A C
- Central Air
Exterior Features
- Fence
- See Remarks
- Exterior Features
- See Remarks, Patio, Porch, Rear Porch, Screened
- Pool On Property
- Yes
- Area Amenities
- None
Rooms
Main level
- Bedroom
- Bedroom
- Bedroom
- Bedroom
Price history
| Date | Event | Price | Change |
|---|---|---|---|
| Apr 7, 2026 | Price Decrease | $5,500,000−$543,000 (−9%) | −$543,000 (−9%) |
| Mar 25, 2026 | New Listing | — |
Taxes
- Owner
- KINLEY REVOCABLE LIVING TRUST
- Legal
- A0170 J B ELLIOTT SURVEY & A0289 GEORGE W LINDSEY SURVEY, ACRES 8.49
- Geo ID
- 1001700013000004
- Acreage
- 8.49
- Exemption Type
- AG
- Detail
- Not provided by this county source
- MLS estimated annual taxes
- $19,145
- MLS tax year
- 2025
| Year | Land | Improvements | Market | Assessed |
|---|---|---|---|---|
| 2026 | $1,320,060 | $0 | $1,320,060 | $1,420 |
Disclaimer: Tax data provided by Hays Central Appraisal District (2026 Hays CAD PropertyDataExport 2026-08-26).
Schools
School Info
- District
- Dripping Springs ISD
- Elementary
- Walnut Springs
- Middle
- Dripping Springs Middle
- High
- Dripping Springs
Maps
Financing
Your preferences
- 20% down
- Conv/Jumbo
- 30 years
- 6.50% rate
Saved on this device
Estimated monthly payment
$33,989 / mo
20% down · 6.50% interest · 30-year fixed
Estimated monthly payment $33,989
- Principal & interest
- $27,811
- Property taxes
- $1,595
- Homeowners insurance
- $4,583
*PITI only
These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.
| Year | Starting balance | Principal paid | Interest paid | Ending balance | Principal vs interest |
|---|---|---|---|---|---|
| 1 | $4,400,000 | $49,180 | $284,552 | $4,350,820 | |
| 2 | $4,350,820 | $52,474 | $281,258 | $4,298,346 | |
| 3 | $4,298,346 | $55,988 | $277,744 | $4,242,359 | |
| 4 | $4,242,359 | $59,737 | $273,994 | $4,182,621 | |
| 5 | $4,182,621 | $63,738 | $269,994 | $4,118,883 | |
| 6 | $4,118,883 | $68,007 | $265,725 | $4,050,876 | |
| 7 | $4,050,876 | $72,561 | $261,171 | $3,978,315 | |
| 8 | $3,978,315 | $77,421 | $256,311 | $3,900,894 | |
| 9 | $3,900,894 | $82,606 | $251,126 | $3,818,288 | |
| 10 | $3,818,288 | $88,138 | $245,594 | $3,730,150 |
- Year 1$4,350,820
- Principal paid
- $49,180
- Interest paid
- $284,552
- Starting balance
- $4,400,000
- Year 2$4,298,346
- Principal paid
- $52,474
- Interest paid
- $281,258
- Starting balance
- $4,350,820
- Year 3$4,242,359
- Principal paid
- $55,988
- Interest paid
- $277,744
- Starting balance
- $4,298,346
- Year 4$4,182,621
- Principal paid
- $59,737
- Interest paid
- $273,994
- Starting balance
- $4,242,359
- Year 5$4,118,883
- Principal paid
- $63,738
- Interest paid
- $269,994
- Starting balance
- $4,182,621
- Year 6$4,050,876
- Principal paid
- $68,007
- Interest paid
- $265,725
- Starting balance
- $4,118,883
- Year 7$3,978,315
- Principal paid
- $72,561
- Interest paid
- $261,171
- Starting balance
- $4,050,876
- Year 8$3,900,894
- Principal paid
- $77,421
- Interest paid
- $256,311
- Starting balance
- $3,978,315
- Year 9$3,818,288
- Principal paid
- $82,606
- Interest paid
- $251,126
- Starting balance
- $3,900,894
- Year 10$3,730,150
- Principal paid
- $88,138
- Interest paid
- $245,594
- Starting balance
- $3,818,288
Nearby
Courtesy of Buono & Associates · (512) 956-3114
Listings courtesy of ACTRIS as distributed by MLS GRID.