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7890 Us Highway 290, Dripping Springs, TX, 78620

--beds
--baths
--sqft
$3,895,000
--price/sqft
$26,105/moest. monthly cost
$1,044,200/yrincome needed

About This Home

Mystic Hill Ranch offers 52 acres of breathtaking Texas Hill Country-what remains of an original 85-acre tract, with a portion already sold. Set in the heart of Dripping Springs, the property features sweeping panoramic views, abundant wildlife (including exotics), and a rare blend of privacy and accessibility with dual access from Hwy 290 and Henly Loop. Unrestricted and located outside city limits and the ETJ, this land provides the freedom to create without the burden of municipal restrictions. Positioned outside the Edwards Aquifer Recharge Zone, it also avoids costly specialized engineering requirements. Whether envisioned as a private estate, working ranch, or future development, Mystic Hill Ranch presents a rare opportunity to own a meaningful piece of the Hill Country.

Getting Around

6
WalkingCar-Dependent
0
TransitVery Limited Transit
16
BikeSomewhat Bikeable

Schools

8/10
6/10

Construction

Type & Style

  • Home type: SingleFamily
  • Property subType: Farm

Property

Details

  • Parcel number: R36357
  • Special condition: Standard

Features

  • Fencing: Fenced
  • Has view: Yes
  • View description: Hill Country
  • Waterfront features: None
  • Horses can be raised: Yes

Lot

  • Lot size: 52 Acres
  • Features: Farm,Many Trees

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailRelatively High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Hail
Lightning
Tornado
Winter Weather
Cold Wave
Heat Wave
Inland Flooding
Strong Wind
Wildfire

FEMA Declared Disasters Across Texas Counties

Severe Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $19,695$236,340
Home Insurance *$1,628$19,536
Property Taxes $4,544$54,528
Electricity $238$2,859
Total$26,105$313,260
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$895,028/yr
40% on housing$783,150/yr
45% on housing$696,133/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 5.3%
5.3%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: 0.5%
0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 78620$505
Hays County$294

vs Homes Sold Last Month

Median $/sqft

ZIP 78620$246
Hays County$178

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-03-31Listed for sale$3,995,000
2025-12-02Listing removed$3,995,000
2025-08-02Price change$2,427,888
2025-04-14Listed for sale$3,995,000
2025-04-01Listing removed$2,477,888
2024-09-23Price change$2,477,888
2024-09-19Price change$5,096,888
2024-05-30Listed for sale$5,250,000
2024-01-01Listing removed--
2023-09-15Price change$6,795,000
2023-07-12Price change$5,490,000
2023-07-12Price change$1,540,000
2023-07-12Price change$5,490,000
2023-03-20Price change$5,500,000
2023-02-27Price change$1,550,000
2023-01-30Listed for sale$5,500,000

For Sale by Agent

AgentKaren Rivera
BrokerageCompass RE Texas, LLC

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