#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024
Welcome to this beautifully maintained single-story home in the highly desirable Heritage community of Dripping Springs. Ideally situated directly across from a neighborhood park, this 3-bedroom, 2-bath home offers approximately 1,690 square feet of thoughtfully designed living space. The bright, open-concept floor plan is perfect for everyday living and entertaining, featuring elegant marble countertops and upgraded marble tile in the kitchen. Enjoy access to Heritage’s community pool and recreation center, along with a prime location just minutes from shopping, dining, and highly acclaimed Dripping Springs ISD schools. With its inviting layout, tasteful upgrades, and sought-after neighborhood setting, this home offers an exceptional opportunity to enjoy the best of Dripping Springs living
Property Type
Residential
Year Built
2023
Lot Size
0.13 acres
$/Sq Ft
$266
HOA
$50/mo
Garage
2 spaces
Listed by NestHaven Properties
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Verified property facts
119 Cotton Tree TER is listed at $450,000 with 3 bedrooms, 2 full bathrooms, 1,690 square feet, 0.13-acre lot.
119 Cotton Tree TER is zoned for Dripping Springs ISD with assigned schools: Dripping Springs (elementary), Dripping Springs Middle (middle), Dripping Springs (high). School assignments should be verified directly with the district.
119 Cotton Tree TER is a Residential built in 2023 featuring 3 bedrooms, 2 full bathrooms, 1,690 square feet, 0.13-acre lot.
119 Cotton Tree TER 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 119 Cotton Tree TER is $7,853. 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.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Listed 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 | — | $421,750 | $101,780 | $319,970 |
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% ($90K)
$450,000
Luxury property intelligence
A sourced read on Heritage Dripping Spgs Ph1 pricing, timing, and property scale. No automated valuation claim.
List price
$450,000
Price per sqft
$266/sqft
Vs. Heritage Dripping Spgs Ph1 median
Not available
Days on market
2 days
Original to current
No verified reduction
$450K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Aug 1, 2026.
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Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($90,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 119 Cotton Tree TER is around $2,989 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $450,000, 119 Cotton Tree TER is in the Heritage Dripping Spgs Ph1 market where there are currently 230 active listings in 78620. The Keenan Group has completed 11 transactions in 78620 as part of 1,000+ career sales totaling $1B+ across Austin.
119 Cotton Tree TER was built in 2023, making it 3 years old with relatively recent construction.
119 Cotton Tree TER includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
119 Cotton Tree TER is part of a managed community with HOA dues of $50 monthly. 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.
2 events on record
Current Price
$450,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $421,750 | $101,780 | $319,970 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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