
Build Immediately — Rare 5-Acre, Fully Prepared Homesite in Dripping Springs ISD. One site is ready to go for a Sitterle "Build on your lot" Abilene Plan, Elevation A (±3,800 sf), with total construction and lot cost projected under $1.5M depending on finish-out. Skip the delays of raw land. This 5.01-acre property already has the infrastructure that typically takes 12–18 months — city water, electricity, and an installed septic system — so you can move straight to building your custom Hill Country home. Tucked on a private lot with long-range views, it offers multiple flat, usable building sites for a main residence, guest house, pool, or amenities like a pickleball court or barn. Located in highly acclaimed Dripping Springs ISD, minutes from Bee Cave, Lakeway, and Austin, with nearby shopping, dining, wineries, breweries, and outdoor destinations like Reimers Ranch Park. Light deed restrictions, mature trees, and a peaceful setting make this a true lifestyle property. Seller financing available — build now
Property Type
Land
Lot Size
5.01 acres
HOA
$125/mo
Listed by Moreland Properties
Property Details
Lot Features
Fencing
Waterfront
Verified property facts
1008 Bell Springs RD is zoned for Dripping Springs ISD with assigned schools: Dripping Springs (8/10) (elementary), Dripping Springs Middle (middle), Dripping Springs (8/10) (high). School assignments should be verified directly with the district.
1008 Bell Springs 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 1008 Bell Springs RD is $10,771. 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 ($115,600) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 1008 Bell Springs RD is around $3,897 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 | — | $658,670 | $527,250 | $131,420 |

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% ($116K)
$578,000
Luxury property intelligence
A sourced read on River Oaks Ranch pricing, timing, and property scale. No automated valuation claim.
List price
$578,000
Price per sqft
Not available
Vs. River Oaks Ranch median
Not available
Days on market
124 days
Original to current
$71K reduction
$649K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 22, 2026.
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District guide, nearby schools, and homes by attendance area
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Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
At $578,000, 1008 Bell Springs RD is in the River Oaks Ranch market where there are currently 248 active listings in 78620. The Keenan Group has completed 11 transactions in 78620 as part of 1,000+ career sales totaling $1B+ across Austin.
1008 Bell Springs RD includes verified waterfront access: Creek,Dry/Seasonal. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
1008 Bell Springs RD is part of a managed community with HOA dues of $125 annually. HOA-managed communities in Austin's luxury market typically provide amenities such as common areas, security, and exterior maintenance. Verify current dues and rules with the HOA directly.
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 | — | $658,670 | $527,250 | $131,420 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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