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ActiveMLS #6512380

3340 Martin RD, Dripping Springs TX 78620

Dripping Springs, TX 78620 · na

Single Family Residence for sale in na

4Bedrooms
4 full / 1 halfBathrooms
3,656Square Ft
42.80Acres
3Garage
2020Year Built
Price Reduced
1 / 37
$5,500,000$6,043,000
3D tour

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

Rooms4 rooms

Main level

  • Bedroom
  • Bedroom
  • Bedroom
  • Bedroom

Price history

Members only
Days on market
−$543,000 (−9%)
$6,043,000 → $5,500,000
1
Price reduction
Active
Since Mar 25, 2026
Price trend
List priceMar 2026Apr 2026
Property history2 events
DateEventPriceChange
Apr 7, 2026Price Decrease$5,500,000−$543,000 (−9%)
Mar 25, 2026New Listing

Taxes

General Information
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
Exemptions
Exemption Type
AG
Taxing Units
Detail
Not provided by this county source
Tax Summary
MLS estimated annual taxes
$19,145
MLS tax year
2025
Appraisal Values
YearLandImprovementsMarketAssessed
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

List price $5,500,000
Down payment
Stays 20% if you change the price
Note rate, not APR
From this listing’s tax record
*Estimated only (1% of price / yr)

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.

Principal, interest and balance for each year
YearStarting balancePrincipal paidInterest paidEnding balancePrincipal 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
First 10 of 30 years

Nearby

Courtesy of Buono & Associates · (512) 956-3114

Listings courtesy of ACTRIS as distributed by MLS GRID.