115 Heritage Dr, Austin, TX 78737

Located just 6 miles from Dripping Springs and 15–17 miles from Downtown Austin, this fully remodeled Hill Country contemporary sits on a generous private lot in a highly regarded school district, offering the ideal balance of space, privacy, and convenience. Recent updates include a new roof, serviced and updated septic, and recently serviced HVAC systems (2017 & 2019), making this home truly move-in ready.

The home features 5 bedrooms plus a study (optional 6th bedroom), 4.5 bathrooms, and approximately 4,200 square feet of thoughtfully designed living space. Highlights include real waterproof wood flooring, an expansive open-concept layout, a gourmet kitchen with premium appliances, and a large game room with wet bar—perfect for entertaining. A spacious mudroom/laundry room with built-in dog wash adds both function and convenience.

Outdoor living is a standout, with a resort-style pool and hot tub, covered cabana with TV, outdoor fireplace, multiple seating areas, and ample yard space—creating a private Hill Country oasis ideal for relaxing or hosting gatherings. The property is surrounded by popular wineries, breweries, dining, shopping, and outdoor recreation.

In addition to its appeal as a primary or second home, the property is a fully functional, turnkey short-term rental, having generated $545,757 in gross revenue over the past three years, with significant upside for increased STR performance through continued optimization and expansion of amenities. The home may be sold fully furnished and includes all listings, professional photography, supplies, systems, and future bookings, allowing for a seamless transition into ownership.

*THIS PROPERTY IS PART OF A 5 PROPERTY PORTFOLIO THAT CAN BE SOLD AS A PACKAGE FOR A DISCOUNTED PRICE. ASK LISTING AGENT FOR DETAILS*

Scale is the first thing that stands out here. At 115 Heritage Dr in Austin, you are looking at 4,159 square feet on 1.116 acres in Austin 78737, within Hays County and the Dripping Springs ISD. For buyers tracking both size and school path, that combination matters, especially with Dripping Springs schools and Dripping Springs Middle serving the area.

The house was built in 1996 and offers 7 bedrooms, 4 full baths, 1 half bath, a 3-car garage, and a pool at $1.40M, or $336 per square foot. That pricing reads differently when you consider the lot size, the bedroom count, and the amount of usable indoor and outdoor space. The property has been fully remodeled, with a new roof, serviced and updated septic, and recently serviced HVAC systems from 2017 and 2019. Those updates reduce near-term maintenance uncertainty, which is a real factor for buyers comparing older Hill Country inventory.

Inside, the plan is built around flexibility and group use. The open living areas, large kitchen with premium appliances, game room with wet bar, and study that can function as another bedroom create options for full-time living, multigenerational use, or a second-home setup that can handle frequent guests. Practical spaces were not ignored. A mudroom and laundry area with a built-in dog wash speaks to how the home is actually used day to day, not just how it shows.

Outside, the value case gets stronger. The pool, hot tub, covered cabana with TV, outdoor fireplace, and multiple seating areas push the property beyond standard backyard amenity space and into true gathering capacity. That matters on a lot of this size, where privacy and usable ground area can separate one home from another. The location adds another layer. It is positioned about 6 miles from Dripping Springs and roughly 15 to 17 miles from Downtown Austin, which gives owners a workable balance between Hill Country space and city access.

There is also an income angle. The property has operated as a turnkey short-term rental with $545,757 in gross revenue over the past three years, and it may be sold furnished with listings, systems, supplies, photography, and future bookings in place. Whether the next owner wants a primary residence, a second home, or an asset with operating history, 115 Heritage Dr is positioned with more than one path to long-term value.