— bed, — bath on 2.58 acres in Dripping Springs. Dripping Springs, TX 78620. $489,000. Dripping Springs ISD.
About This Home
Discover an exceptional opportunity to build your dream home on over 2.5 acres in TerraLoma, where breathtaking panoramic Hill Country views stretch from both the front and back of the homesite. This rare offering features a wide, highly buildable homesite that provides incredible flexibility for designing a custom residence while maximizing the surrounding vistas, privacy, and spectacular sunsets.
Inspired by the beauty and spirit of nearby TerraScena, TerraLoma is a thoughtfully planned Hill Country community that blends natural beauty, sustainability, and convenience. Mature trees, gently rolling terrain, and expansive views create an extraordinary setting for your future home.
With no required builder and no timeframe to build, you have the freedom to bring your vision to life at your own pace. Located just 10 minutes from downtown Dripping Springs and approximately 20 minutes from Bee Cave, Lakeway, and the Hill Country Galleria, the property offers the perfect balance of peaceful Hill Country living and convenient access to shopping, dining, and entertainment.
Situated within the highly acclaimed Dripping Springs ISD and located outside the city limits and ETJ, TerraLoma embraces sustainable building practices, with homes generally designed around rainwater harvesting as the primary water source.
Offering one of the area's most desirable combinations of acreage, panoramic views, buildability, and location, this is a rare opportunity to create an exceptional custom Hill Country retreat.
- Property Type
- Land
- Lot Size
- 2.58 acres
- HOA
- $500/year
Listing information last updated September 25, 2026.
Listed by Compass RE Texas, LLC
MLS# 2128135 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Exterior & Lot
- Interior Lot
- Views
- Lot Size
- 2.58 Acres
Financial
- HOA Fee
- $500 / year
- Original List Price
- $525,000
Utilities
- Electricity Available
- Sewer
- Septic Needed
Transaction History
1 record on file
Every recorded listing, sale, and lease at 000 Mirela Ann RD, whoever represented it.
- ActiveListed 2026Current price: $489,000Original list: $525,000MLS 2128135
- Listed · July 8, 2026$525,000
- Price changed · July 26, 2026$489,000
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
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Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $489,000
- Original list
- $525,000
- Price movement
- $36K reduction
- Listed / DOM
- Jul 8, 2026 · 106 days
Zoned Schools & District Context
Dripping Springs
Dripping Springs Middle
Rooster Springs Elementary
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.
Excluded from this estimate: property taxes and home insurance. Each requires verified amount, cadence or unit, source, and as-of details.
HOA source: MLS Grid / Unlock MLS, as of 2026-10-16T13:07:16.402+00:00; normalized from annual dues.
20% ($98K)
Adjustable assumption - not a lending recommendation.
$489,000
Luxury property intelligence
Keenan Market Position
A sourced read on Dripping Springs pricing, timing, and property scale. No automated valuation claim.
List price
$489,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
106 days
Original to current
$36K reduction
$525K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 16, 2026.
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