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Crystal Olenbush

512-344-6000
  • 475 Happy Trail

  • $9,950,000 NEW
  • 7 Beds, 9 Bath, 8000 SQ. Feet, 9.00 Acres Residential Dripping Springs, TX 78620

This property has it all! Dreaming of horses, cars and fun? This exceptional Hill Country estate was designed for luxury living and entertainment w/car enthusiasts & horse lovers in mind. Built between 2022-25. Main house, party barn, horse barn, apartment, pond, beautifully landsacaped land, and garage space for 11 cars plus. 40 min from Austin. Active luxury STR. 4,500 sqft main house offers 5 beds/5 baths, w/a chef’s kitchen, built-in refrigerator, two Cove dishwashers, and custom cabinetry. Full bar w/beverage fridge, sink, sonic ice maker. Fleetwood slider doors and expansive windows open the home to a stunning outdoor living area with fireplace, dining space, outdoor kitchen. Speakers throughout entire property. Additional features include a media room with 120-inch screen and 4K projector, loft with bunks, walk-in pantry, safe room/storage room, laundry on both levels, attached 3-car garage, European white oak floors, Level 5 drywall, electronic shades, smart thermostats, and reverse osmosis water treatment. The 2,800 sqft party barn is perfect for entertaining. Completed in 2025 it includes a full kitchen, bar, lounge, arcade space, 2 bedrooms, 2 baths, upstairs living area, and major garage capacity with room for 8+ cars, or boat and RV storage. The horse barn features an apartment w/kitchen, living room, bed & bath. 5 stalls, Dutch doors, auto waterers, auto feeders, tack room, half bath, barn apartment, HDPE horse fencing. Fenced and leveled arena area could be easily completed and customized by new owners (needs fill/sand). Resort-style amenities include a huge pool, spa, pickleball, basketball, outdoor lighting, turf, and a half-acre stocked pond w/waterfall, aerator, auto-feeder. Solar panels, batteries, 2 water tanks, professional landscaping. Rare lifestyle property built for living well. It’s so special, you’ll never want to leave. Can also purchase neighboring property w/house & 7 acres listed at 3 million. Video is of both properties. Owner/Agent

Essential Information

  • MLS® #3972715
  • Price$9,950,000
  • Bedrooms7
  • Bathrooms9.00
  • Full Baths8
  • Half Baths1
  • Square Footage8,000
  • Acres9.00
  • Year Built2022
  • TypeResidential
  • Sub-TypeSingle Family Residence
  • StatusActive

Community Information

  • Address475 Happy Trail
  • SubdivisionK-Bar-Mac
  • CityDripping Springs
  • CountyHays
  • StateTX
  • Zip Code78620

Amenities

  • FeaturesNone
  • # of Garages7
  • ViewHills, Pond, Pool, Rural
  • WaterfrontPond
  • Has PoolYes

Utilities

Electricity Connected, Propane, Water Connected, Other

Parking

Additional Parking, Boat, Concrete, Door-Multi, Driveway, Garage, Oversized, RV Access/Parking, Gated

Interior

  • InteriorTile, Wood
  • HeatingCentral, Fireplace(s)
  • FireplaceYes
  • # of Fireplaces3
  • # of Stories2
  • StoriesTwo

Appliances

Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Plumbed For Ice Maker, Refrigerator, Range Hood, Tankless Water Heater, Wine Refrigerator, Washer

Cooling

Ceiling Fan(s), Electric, Heat Pump, Zoned

Fireplaces

Gas Log, Living Room, Outside, Primary Bedroom

Exterior

  • Exterior FeaturesRain Gutters
  • RoofMetal
  • FoundationSlab

Lot Description

Garden, Landscaped, Many Trees, Sprinklers In Ground, Sprinklers Partial

Windows

Aluminum Frames, Window Treatments

Construction

Board & Batten Siding, Spray Foam Insulation

School Information

  • DistrictJohnson City ISD
  • ElementaryLyndon B Johnson
  • MiddleLyndon B Johnson

High

Lyndon B Johnson (Johnson City ISD)

Map & Directions

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Property Listed by: Compass Re Texas, Llc

The information being provided is 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.

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from July 17th, 2026 at 3:30am CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

All information provided is deemed reliable but is not guaranteed and should be independently verified.