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6500 W Highway 290, Dripping Springs, TX, 78620

--beds
--baths
--sqft
$2,190,000
--price/sqft
$14,780/moest. monthly cost
$591,200/yrincome needed

About This Home

Exceptional opportunity to own versatile acreage in the rapidly growing Texas Hill Country. Located in the desirable Henly area between Dripping Springs and Johnson City, this property features approximately 233 feet of Highway 290 frontage with a permitted TxDOT entrance, offering excellent access and visibility. Ideal for residential or commercial use, the property is well-suited for a private homesite, gentleman’s ranch, or business venture such as a warehouse, contractor yard, showroom, or investment property. The land is dotted with mature oak trees, including several impressive heritage live oaks, and offers rolling terrain with scenic Hill Country views. A wet-weather creek adds natural charm, and the topography provides potential for pond construction. Utilities include electricity and a water well already in place. Conveniently located near popular wineries, breweries, and Hill Country attractions, this property combines natural beauty with accessibility and strong investment potential.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
4
BikeSomewhat Bikeable

Schools

8/10
6/10

Construction

Type & Style

  • Home type: SingleFamily
  • Property subType: Farm

Interior

Heating & Cooling

  • Heating features: None
  • Cooling features: None

Property

Details

  • Parcel number: 1000080001000007
  • Special condition: See Remarks

Features

  • Fencing: Livestock, Perimeter
  • Has view: Yes
  • View description: Creek/Stream,Hill Country,Panoramic,Pond
  • Has water view: Yes
  • Water view: Creek/Stream,Pond
  • Waterfront features: None
  • Topography of land: Sloping,Varied
  • Horses can be raised: Yes

Lot

  • Lot size: 42.66 Acres
  • Features: Cleared,Gentle Sloping,Interior Lot,Native Plants,Many Trees,Trees-Medium (20 Ft - 40 Ft)

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 $11,073$132,876
Home Insurance *$915$10,980
Property Taxes $2,554$30,648
Electricity $238$2,859
Total$14,780$177,360
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$506,742/yr
40% on housing$443,400/yr
45% on housing$394,133/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$514
Hays County$296

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)

Price History

DateEventPrice
2026-07-29Listed for sale$2,190,000
2021-03-16Listing removed--
2021-03-09Pending sale$1,095,000
2021-02-22Listing removed--
2021-01-20Listed for sale$1,095,000
2019-01-02Listing removed$950,000
2018-09-01Price change$950,000
2018-03-15Listed for sale$995,000
2008-08-23Listing removed$610,000
2008-05-25Listed for sale$610,000

For Sale by Agent

AgentTraci Phillips
BrokerageHomestead & Ranch Real Estate

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