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Keenan Group#1 Austin Board of Realtors Team 2024
118 Crater Lake DR, photo 1 of 37, Dripping Springs, Dripping Springs, TX
Active

$547,020

6Beds
4Baths
2,904Sq Ft
0.11 acresLot

118 Crater Lake Dr, Dripping Springs, TX 78620

Dripping Springs·MLS# 8097190·Built 2026·1 day on market

6 bed, 4 bath, 2,904 sqft on 0.11 acres in Dripping Springs. Dripping Springs, TX 78620. $547,020. Dripping Springs ISD.

About This Home

Welcome home to the Knox, our largest floor plan in Cannon Ranch! This spacious home features 6 bedrooms, 4 bathrooms, a dedicated study, and a large game room, offering plenty of space for everyone. Backing to a scenic walking trail and mature trees, this home offers the perfect blend of space, comfort, and natural beauty!

Property Type
Residential
Year Built
2026
Lot Size
0.11 acres
Price / Sq Ft
$188
HOA
$43/mo
Garage
2 spaces

Listing information last updated October 21, 2026.

Listed by ERA Experts

MLS# 8097190 • Active

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

Highlights

2-car garage with additional parking capacity
New construction completed in 2026
Breakfast Bar
Ceiling Fan(s)
Double Vanity
Kitchen Island

Facts & Features

Interior

Features

  • Breakfast Bar
  • Ceiling Fan(s)
  • Double Vanity
  • Kitchen Island
  • Open Floorplan
  • Primary Bedroom on Main
  • Recessed Lighting

Appliances

  • Built-In Oven(s)
  • Built-In Range
  • Dishwasher
  • Disposal
  • ENERGY STAR Qualified Appliances
  • Exhaust Fan
  • Gas Range
  • Microwave
  • Stainless Steel Appliance(s)

Flooring

  • Carpet
  • Vinyl
Heating
Central,Natural Gas
Cooling
Central Air
Exterior & Lot

Features

  • Rain Gutters
  • Pest Tubes in Walls

Construction

  • Hardi
  • Plank Type
  • Masonry – Partial

Lot Features

  • Interior Lot
  • Sprinkler - Automatic
  • Sprinklers In Rear
  • Sprinklers In Front
  • Sprinklers On Side

Fencing

  • Back Yard
  • Privacy
  • Wood

Foundation

  • Slab

Patio / Porch

  • Covered
  • Patio
Roof
Composition
Lot Size
0.11 Acres

Parking

  • Attached
  • Garage
  • Garage Faces Front
Garage Spaces
2
Financial
HOA Fee
$43 / mo
Original List Price
$547,020
Price per Sq Ft
$188
Utilities
  • Cable Available
  • Electricity Available
  • High Speed Internet
  • Natural Gas Available
  • Water Available
Water Source
Public
Sewer
Public Sewer

Transaction History

1 record on file

Every recorded listing, sale, and lease at 118 Crater Lake DR, whoever represented it.

  1. ActiveListed 2026
    Current price: $547,020Original list: $547,020MLS 8097190
    1. Listed · October 21, 2026$547,020

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

Listed with current price, original ask, and market time.

View Timeline
Current list
$547,020
Original list
$547,020
Price movement
No verified reduction
Listed / DOM
Oct 21, 2026 · 1 day

Tax Record

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

Assessed Value
$47,790
Assessment Year
2025
Parcel ID
11-1203-0007-00300-4
YearTaxesTotal AssessmentLandAdditions
2025
—$47,790$47,790—
Map showing 118 Crater Lake DR
118 Crater Lake DR
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
$3,030
HOA dues
$43

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 2026-10-21T21:07:02.86+00:00; normalized from monthly dues.

20% ($109K)

Adjustable assumption - not a lending recommendation.

$547,020

Loan: $438K
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

$547,020

Price per sqft

$188/sqft

Vs. Neighborhood guide reference price

Not available

Days on market

1 day

Original to current

No verified reduction

$547K original

Active inventory context

Ask for current inventory

Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 21, 2026.

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Frequently Asked Questions

How much is 118 Crater Lake Dr?

118 Crater Lake Dr is listed at $547,020 with 6 bedrooms, 4 full bathrooms, 2,904 square feet, 0.11-acre lot.

What school district is 118 Crater Lake Dr in?

118 Crater Lake Dr is zoned for Dripping Springs ISD with assigned schools: WildwoodSprings (elementary), Dripping Springs Middle (middle), Dripping Springs (high). School assignments should be verified directly with the district.

What are the property details for 118 Crater Lake Dr?

118 Crater Lake Dr is a Residential built in 2026 featuring 6 bedrooms, 4 full bathrooms, 2,904 square feet, 0.11-acre lot.

What are the property taxes for 118 Crater Lake Dr?

The most recent annual property tax for 118 Crater Lake Dr is $782. 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 118 Crater Lake Dr?

This page does not assume a mortgage rate or publish a monthly payment for 118 Crater Lake Dr. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.

How does 118 Crater Lake Dr compare with other homes in Dripping Springs?

As of Oct 21, 2026, 118 Crater Lake Dr is offered at $547,020. 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.

What is the community structure at 118 Crater Lake Dr?

The MLS listing reports HOA or association dues of $43 monthly for 118 Crater Lake Dr. 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.

Why Choose the #1 Austin Board Team for Dripping Springs

#1 ABoR Team 20241,000+ Career SalesCompass Luxury Collection Specialist

#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.

25+ years advising buyers and sellers in this community

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Listing courtesy of Unlock MLS as distributed by MLS GRID. Information deemed reliable but not guaranteed. Neither the listing broker nor Compass RE Texas, LLC shall be responsible for any typographical errors, misinformation, or misprints.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS, as amended from time to time.

Based on information submitted to MLS GRID as of 10/21/2026, 4:07:02 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Last updated: 10/21/2026, 4:07:02 PM

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