ActiveMLS# 3398629
$8,750,000
49.63 Acres · Farm/Ranch · $176,305/acre
5200 Bell Springs Rd
Dripping Springs, TX 78620 (Hays County)
3
Bedrooms
4
Bathrooms
3,100
Sq Ft
1969
Year Built

About this property

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.

Property details

Property TypeFarm/Ranch
Acreage49.63 acres
StatusActive
Days on Market22 days
ListedMay 22, 2026
CountyHays
ZIP Code78620
Living Area3,100 sq ft
Price per Acre$176,305/acre
Year Built1969
Stories1
Garage Spaces2
Subdivision4ABS
FireplaceYes
Horse PropertyYes
HOANo
FencingBarbed Wire, Cross Fenced, Fenced, Perimeter
ViewCreek/Stream, Hill Country, Panoramic, Pasture, Pond, Trees/Woods
MLS Number3398629
Listed ByMoreland Properties

Location

Area & Lifestyle

About the Area

5200 Bell Springs Rd is located in Dripping Springs, Texas, in Hays County. Hays County is one of the fastest-growing counties in the United States, driven by the explosive growth of San Marcos and Kyle-Buda corridor connecting Austin and San Antonio. The county blends Hill Country character in its western reaches, Wimberley, Dripping Springs, Driftwood, with rapidly urbanizing communities along the I-35 corridor.

The Blanco River and Barton Creek headwaters flow through Hays County, carving spring-fed swimming holes beloved by generations of Texans. Jacob's Well, a natural cylindrical karstic spring, and the swimming holes of Blue Hole Regional Park draw visitors year-round. The Edwards Plateau escarpment creates dramatic topographic relief in the western half of the county.

Dripping Springs had an estimated population of 6,322 as of 2023. The 78620 zip code has a median household income of $146,551, a median home value of $624,800, and a median age of 42.7. The average household size is 2.73 people.

Texas State University anchors San Marcos, supporting a significant education and healthcare sector. The I-35 corridor has attracted major distribution centers and manufacturing. The western Hill Country communities of Wimberley and Dripping Springs have become destination wine, dining, and retreat markets commanding premium real estate prices.

Demographic data sourced from the U.S. Census Bureau, American Community Survey 5-Year Estimates (2023).

Listing information © 2026 Unlock MLS (ACTRIS). All data provided AS IS. Information is deemed reliable but not guaranteed. Listing courtesy of Moreland Properties.

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Barron Johnson
Broker Associate · Spyglass Realty