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Keenan Group#1 Austin Board of Realtors Team 2024
109 Francesco LN Unit #40, photo 1 of 2, Dripping Springs, Dripping Springs, TX
Active

$474,995

2Beds
2.5Baths
2,063Sq Ft
0.14 acresLot

109 Francesco Ln Unit #40, Dripping Springs, TX 78620

Reduced 5%$499,999
Dripping Springs·MLS# 7451331·Built 2018·113 days on market

2 bed, 2 bath, 2,063 sqft on 0.14 acres in Dripping Springs. Dripping Springs, TX 78620. $474,995. Dripping Springs ISD.

About This Home

Welcome to 109 Francesco Lane - a beautifully maintained lock & leave home in the gated Retreat at Dripping Springs. Offering 2,063 square feet, 2 bedrooms, 2.5 bathrooms and thoughtfully designed living spaces, this residence combines contemporary finishes, low-maintenance living, and resort-style amenities in one of Dripping Springs’ most desirable communities. Designed for both comfort & entertaining, the open-concept floor plan features soaring ceilings, abundant natural light, luxury vinyl plank flooring and seamless flow between the living, dining and kitchen areas. The kitchen serves as the heart of the home with stainless steel appliances, generous cabinetry, ample prep space, a large center island and a striking floor-to-ceiling subway tile backsplash that creates a distinctive architectural focal point. Both bedrooms feature private ensuite bathrooms, offering comfort and privacy for owners and guests alike. The spacious primary includes dual vanities, a walk-in shower & a generous walk-in closet. An additional powder bath provides convenience for guests. Home office/study area could be a conversion opportunity to become a 3rd bedroom. Enjoy morning coffee & evening relaxation on the covered front porch while taking in the peaceful Hill Country surroundings. Low-maintenance design makes this home ideal as a primary residence, second home, or downsizing opportunity. Residents of The Retreat enjoy exceptional community amenities, including a resort-style pool & hot tub, outdoor pavilion with kitchen, fire pit, walking trails and beautifully maintained common areas. HOA services include lawn care, landscaping, irrigation, and common area maintenance, providing true lock-and-leave convenience. Ideally located just minutes from historic Mercer Street, local wineries and breweries, dining, shopping, entertainment, and highly acclaimed Dripping Springs ISD schools, 109 Francesco Lane offers the perfect blend of comfort, convenience, and Hill Country living.

Property Type
Residential
Year Built
2018
Lot Size
0.14 acres
Price / Sq Ft
$230
HOA
$315/mo
Garage
2 spaces

Listing information last updated September 30, 2026.

Listed by Ranchland Real Estate

MLS# 7451331 • Active

IDX inquiries: Keenan Group at Compass · (512) 415-7653

Highlights

2-car garage with additional parking capacity
Ceiling Fan(s)
Ceiling-High
Quartz Counters
Kitchen Island
No Interior Steps

Facts & Features

Interior

Features

  • Ceiling Fan(s)
  • Ceiling-High
  • Quartz Counters
  • Kitchen Island
  • No Interior Steps
  • Open Floorplan
  • Pantry
  • Primary Bedroom on Main
  • Recessed Lighting
  • Walk-In Closet(s)

Appliances

  • Built-In Gas Oven
  • Built-In Oven(s)
  • Built-In Refrigerator
  • Dishwasher
  • Disposal
  • Dryer
  • Freezer
  • Gas Cooktop
  • Microwave
  • Oven
  • Gas Oven
  • Plumbed For Ice Maker
  • Range
  • RNGHD
  • Refrigerator
  • Stainless Steel Appliance(s)
  • Washer
  • Washer
  • Dryer
  • Electric Water Heater

Flooring

  • No Carpet
  • Vinyl
Heating
Central,Natural Gas
Cooling
Ceiling Fan(s),Central Air,Electric
Exterior & Lot

Features

  • No Exterior Steps

Construction

  • Stucco

Lot Features

  • Corner Lot
  • Landscaped
  • Native Plants
  • Sprinkler - Automatic
  • Xeriscape

Fencing

  • Fenced
  • Wrought Iron

Foundation

  • Slab

Patio / Porch

  • Covered
  • Porch
Roof
Metal
Lot Size
0.14 Acres

Parking

  • Concrete
  • Garage
Garage Spaces
2
Financial
HOA Fee
$315 / mo
Original List Price
$499,999
Price per Sq Ft
$230
Utilities
  • Electricity Connected
  • Natural Gas Connected
  • Sewer Connected
  • Underground Utilities
  • Water Connected
Water Source
Public
Sewer
Public Sewer

Transaction History

1 record on file

Every recorded listing, sale, and lease at 109 Francesco LN Unit #40, whoever represented it.

  1. ActiveListed 2026
    Current price: $474,995Original list: $499,999MLS 7451331
    1. Listed · July 1, 2026$499,999
    2. Price changed · August 17, 2026$487,500
    3. Price changed · September 30, 2026$474,995

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

Price Change with current price, original ask, and market time.

View Timeline
Current list
$474,995
Original list
$499,999
Price movement
$25K reduction
Listed / DOM
Jul 1, 2026 · 113 days

Tax Record

Public record data from county appraisal records. Market value can differ from assessed value.

Assessed Value
$469,456
Assessment Year
2025
Year Built
2018
Parcel ID
15-6500-0040-00040-4
YearTaxesTotal AssessmentLandAdditions
2025
—$469,456$89,130$380,326
Map showing 109 Francesco LN Unit #40
109 Francesco LN Unit #40
Directions
1 High School1 Middle School1 Elementary School

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.

Principal & interest
$2,631
HOA dues
$315

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 2026-10-16T14:07:07.273+00:00; normalized from monthly dues.

20% ($95K)

Adjustable assumption - not a lending recommendation.

$474,995

Loan: $380K
Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-10-15
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Keenan Market Position

A sourced read on Dripping Springs pricing, timing, and property scale. No automated valuation claim.

List price

$474,995

Price per sqft

$230/sqft

Vs. Neighborhood guide reference price

Not available

Days on market

113 days

Original to current

$25K reduction

$500K 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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Frequently Asked Questions

How much is 109 Francesco Ln Unit #40?

109 Francesco Ln Unit #40 is listed at $474,995 with 2 bedrooms, 2 full, 1 half bathrooms, 2,063 square feet, 0.14-acre lot.

What school district is 109 Francesco Ln Unit #40 in?

109 Francesco Ln Unit #40 is zoned for Dripping Springs ISD with assigned schools: Walnut Springs (elementary), Dripping Springs Middle (middle), Dripping Springs (high). School assignments should be verified directly with the district.

What are the property details for 109 Francesco Ln Unit #40?

109 Francesco Ln Unit #40 is a Residential built in 2018 featuring 2 bedrooms, 2 full, 1 half bathrooms, 2,063 square feet, 0.14-acre lot.

What are the property taxes for 109 Francesco Ln Unit #40?

The most recent annual property tax for 109 Francesco Ln Unit #40 is $8,741. 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.

How should a buyer estimate the monthly payment for 109 Francesco Ln Unit #40?

This page does not assume a mortgage rate or publish a monthly payment for 109 Francesco Ln Unit #40. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.

How does 109 Francesco Ln Unit #40 compare with other homes in Dripping Springs?

As of Oct 16, 2026, 109 Francesco Ln Unit #40 is offered at $474,995. The current MLS snapshot shows 225 active listings in 78620. Keenan Group has completed 15 verified transactions in 78620 within its 1,000+ completed transactions and $1B+ career volume across Austin.

When was 109 Francesco Ln Unit #40 built?

109 Francesco Ln Unit #40 was built in 2018, making it 8 years old with relatively recent construction.

What is the community structure at 109 Francesco Ln Unit #40?

The MLS listing reports HOA or association dues of $315 monthly for 109 Francesco Ln Unit #40. It does not establish included amenities, services, rules, reserves, or current assessments; verify those items in current association documents.

Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.

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Last updated: 10/16/2026, 9:07:07 AM

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