$8,995,000
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500 Mt. Gainor RD Dripping Springs, TX 78620
2 Beds
2 Baths
2,205 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,205 sqft
Price per Sqft $3,741
MLS Listing ID 5335984
Sold Date 02/23/22
Bedrooms 2
Full Baths 2
Year Built 1989
Tax Year 2020
Lot Size 165.000 Acres
Acres 165.0
Property Sub-Type Single Family Residence
Source actris
Property Description
This charming gated 165 acre ranch in highly sought-after Dripping Springs is only five minutes from Ranch Road 12 / Hwy 290, HEB, restaurants, Starbucks, and everything in Dripping.
This legacy ranch has a secluded feel and is appx. 35 mins to Downtown Austin. The ranch has a wildlife exemption for very low taxes and offers excellent hunting and recreational opportunities.
It is high fenced and has a very healthy white tail deer population. It would also be excellent for horses, livestock, and exotics.
The majority of this remarkable ranch sits well above the road which adds privacy, has been cleared of most of the cedar, has excellent Oak Tree coverage, and offers incredible hill country views. A large pasture, a year-round spring, and 2 grottos that add unique features to the ranch. The pasture would make an excellent equestrian facility with lots of room for paddocks, barn, and arena.
The ranch has over 3000 feet of onion creek across the road and offers plenty of green space for areas that could be set aside for picnics, relaxation, and swimming. There is also an incredible amount of road frontage with 3 separate gated entrances.
The improvements consist of 3 wells, an updated ranch house with a resort-style pool, waterfall feature, and an outdoor living/kitchen area along with an insulated 5000 sqft barn with a built-in apartment and studio.
Due to the natural beauty, the sellers do not wish for this property to be developed and desire for this ranch to maintain its charm and wildlife exemption. Ranches like this are very difficult to come by this close to Dripping Springs and Austin.
Location
State TX
County Hays
Area Hd
Rooms
Main Level Bedrooms 2
Interior
Interior Features Two Primary Baths, Built-in Features, Ceiling Fan(s), Vaulted Ceiling(s), Eat-in Kitchen, Kitchen Island, Pantry, Primary Bedroom on Main, Sauna, See Remarks
Heating Electric, Fireplace(s)
Cooling Electric
Flooring Tile
Fireplaces Number 1
Fireplaces Type Living Room
Fireplace Y
Appliance Built-In Electric Oven, Dishwasher, Disposal, Exhaust Fan, Freezer, Microwave, Oven, Electric Oven, Refrigerator, Electric Water Heater, See Remarks
Exterior
Exterior Feature Gutters Full, Private Entrance, See Remarks
Fence See Remarks
Community Features None
Utilities Available Electricity Connected, Propane, Water Connected, See Remarks
Waterfront Description Creek,See Remarks
View Hill Country, See Remarks
Roof Type Metal
Accessibility See Remarks
Porch Front Porch, Patio, Porch
Private Pool No
Building
Lot Description Gentle Sloping, Level, Native Plants, Private, Rolling Slope, Trees-Heavy, Trees-Large (Over 40 Ft), Many Trees, Trees-Medium (20 Ft - 40 Ft), Trees-Small (Under 20 Ft), Views, See Remarks
Faces Northeast
Foundation Slab
Sewer Aerobic Septic, Septic Tank, See Remarks
Water Well, See Remarks
Level or Stories One
Structure Type Wood Siding,Stone,See Remarks
New Construction No
Schools
Elementary Schools Dripping Springs
Middle Schools Dripping Springs Middle
High Schools Dripping Springs
School District Dripping Springs Isd
Others
Restrictions See Remarks
Acceptable Financing Cash, Conventional
Tax Rate 1.87
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Bought with Non Member