#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024
Check out price per acre!! This stunning 13+ area property provides an excellent opportunity to build your dream home away from crowded subdivisions yet still convenient to both Dripping Springs and Lakeway. Live oak, elm and native cedar trees add to the property's natural charm. With just a little clearing you can have very nice views off the back of the property to enjoy the fabulous Texas sunsets. Light restrictions and a lot of of paved road frontage provides so many options for this versatile property. Whether you are looking for a serene place to build your new home, a weekend retreat or an investment opportunity this land offers a perfect blend of natural beauty, dark night skies, and native wildlife. Electrical service is onsite towards the middle of the property. The back property line goes towards the bottom of the hill providing a good buffer from other properties. This 13+ acres blends serene, country living with endless possibilities. Wineries, breweries, shopping and restaurants are within an easy drive. A new, larger HEB is coming to Dripping Springs and Whole Foods is in Bee Cave. Located in the popular Dripping Springs ISD.
Property Type
Land
Lot Size
13.17 acres
Listed by Graves Realty Group
Property Details
Lot Features
Waterfront
Verified property facts
1000 Norwood RD is zoned for Dripping Springs ISD with assigned schools: Walnut Springs (8/10) (elementary), Dripping Springs Middle (middle), Dripping Springs (8/10) (high). School assignments should be verified directly with the district.
1000 Norwood RD is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
The most recent annual property tax for 1000 Norwood RD is $5,546. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
With 20% down ($110,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 1000 Norwood RD is around $3,316 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Listing timeline with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $654,010 | $653,510 | $500 |
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. Ratings from GreatSchools.org.
20% ($110K)
$550,000
Luxury property intelligence
A sourced read on Hurlbut Ranch West pricing, timing, and property scale. No automated valuation claim.
List price
$550,000
Price per sqft
Not available
Vs. Hurlbut Ranch West median
Not available
Days on market
535 days
Original to current
$149K reduction
$699K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jul 5, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
At $550,000, 1000 Norwood RD is in the Hurlbut Ranch West market where there are currently 242 active listings in 78620. The Keenan Group has completed 11 transactions in 78620 as part of 1,000+ career sales totaling $1B+ across Austin.
1000 Norwood RD includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
1 event on record
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $654,010 | $653,510 | $500 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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