3340 Martin RD, Dripping Springs, TX — photo 1
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$5,500,000
4 beds4.5 baths3,656 sqft

3340 Martin RD, Dripping Springs TX 78620

MLS #240138333 · Buono & Associates · Heidi Whitlock

Residential
Built in 2020
42.8 Acres Lot
$1,504/sqft

About this home

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.

Property details

Property type
Residential · SingleFamilyResidence
Status
Active
Year built
2020
Full baths
4
Half baths
1
Lot size
42.8
Subdivision
na
MLS area
HD
MLS #
240138333

Features

Interior features

  • See Remarks

Exterior features

  • See Remarks

Additional details

Parking
See Remarks
Garage spaces
3
Roof
Metal
Foundation
Slab
Annual tax
$19,145

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Schools

Assigned schools per the MLS.

School district
Dripping Springs ISD
Elementary
Walnut Springs
Middle
Dripping Springs Middle
High
Dripping Springs

See Dripping Springs ISD schools & boundaries →

Comparable homes near 3340 Martin RD

Similar homes currently for sale nearby, ranked by distance.

Getting around

Downtown Austin
25.2 mi
Austin-Bergstrom Airport
29.6 mi

Straight-line distance, not drive time.

Market insights

Compared with 447 active homes in ZIP 78620 · HomeLocating listings

Area median price
$695,000
This home vs. median
691% above
Homes with a price cut
40%

At $5,500,000, this home is priced 691% above the $695,000 median across 447 active homes in ZIP 78620.

Estimated monthly payment

$31,698/mo
Principal & interest$27,811/mo
Property taxes
Home insurance (est.)

Home price

$5,500,000

Down payment

20% ($1,100,000)

Loan details

30-yr fixed, 6.50%

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Estimate only, not a lending offer or MLS data. Taxes, insurance, and HOA figures are estimated (see ⓘ above for detail); contact a lender to confirm your exact rate and payment.

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Listing courtesy of Buono & Associates · Heidi Whitlock

Listing data last updated Oct 2, 2026, 11:46 PM

Information is deemed reliable but not guaranteed and should be independently verified. Listing information is provided for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2026 HomeLocating.com.

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