3340 Martin Rd
Dripping Springs, TX, 78620 $ 5,500,000
Bedrooms4 Baths4.1 Sq 3,656 Monthly Estimate*
$ 33,864
for $5,500,000 with 4 bedrooms and 4 full baths, 1 half bath. This 3,656 square foot home was built in 2020 on a lot size of 42.8.
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.
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FeaturesGeneralLiving Area 3656
Sewer Aerobic Septic
Heating Central Fireplace(s)
Cooling Central Air
Utilities See Remarks High Speed Internet
Roof Metal
Appliances See Remarks
Garage Spaces 3
Patio/Porch Features Patio Porch Rear Porch Screened
Pool Features In Ground
Security Features See Remarks
Construction Materials See Remarks
Year Built 2020
View Hill Country
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Waterfront Features Dry/Seasonal
Community Features None
Accessibility See Remarks
County Hays
New Construction N
Property Type Residential
HOA N
Energy Efficient Other/See Remarks
Subdivision Name na
Facing Direction East
Green Sustainability None
Other Structures Barn(s)
Full Baths 4
Status Active
Directions Take US hwy 290w. Turn Rt on McGregor Ln. Turn Lt on Martin Lane. 0.3 miles turn left onto drive . Follow drive to the rt.
High School Dripping Springs
City Dripping Springs
Disclosures See Remarks
MLS Area HD
Lot Size Square Feet 1864368
Elementary School Walnut Springs
Tax Annual Amount 19145
Middle/Junior High School Dripping Springs Middle
Property Condition Resale
Additional Parcels Y/N Y
Virtual Tour https://unbranded.youriguide.com/3340_martin_rd_dripping_springs_tx/ https://youriguide.com/3340_martin_rd_dripping_springs_tx/
Standard Status Active
Year Built Source Owner
Tax Assessed Value 5004460
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InteriorInterior Amenities See Remarks
Flooring See Remarks
Total Fireplaces 1
Fireplace Features See Remarks
Window Features See Remarks
Half Baths 1
Total Bedrooms 4
Main Level Bedrooms 4
Total Baths 5
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ExteriorExterior Amenities See Remarks
Fencing See Remarks
Parking Features See Remarks
Lot Features Agricultural Native Plants
Water Source See Remarks
Total Parking 6
Foundation Details Slab
Lot Size Acres 42.8
Waterfront Y/N N
Covered Spaces 3
Horse Y/N Y
Horse Amenities See Remarks Barn Pasture
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* Excluded FeaturesList ByHeidi WhitlockListing Agent
heidi.whitlock@me.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $33,864
- Monthly Property Taxes
- $1,595
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Dripping Springs, TX
Average List Price $1,093,885
Percent of Sale Price 80%
About Dripping Springs, TX 2,824 Population
82% Since 2002
$ 95,685 Median Income
44.96 Median Age
36% Households with Children
Trends Information provided by ATTOM Data Solutions.
4360196 Elementary School
4360235 Middle School
Dripping Springs High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/7/2026 | $5,500,000 | -8.99% | Price Down |
| 3/25/2026 | $6,043,000 | | Listed Price |