1 bed, 1 bath on 8.62 acres in Dripping Springs. Dripping Springs, TX 78620. $700,000. Dripping Springs ISD.
About This Home
Discover the perfect blend of functionality, privacy, and Hill Country beauty on this exceptional 8.61-acre property at the end of a quiet cul-de-sac. Offering panoramic views, a cleared and established homesite, and valuable infrastructure already in place, this property is ideal for a future custom home, weekend retreat, homestead, or live/work setup in the Texas Hill Country. The property features a 2,400 square foot spray foam insulated barndominium/shop designed for versatility and comfort. Inside, you’ll find two built-in bedrooms, one full bath, loft storage space, and two split-unit HVAC systems providing efficient heating and cooling year-round. The building is perfectly suited for use as a workshop, temporary residence while building, equipment storage, or future guest quarters. The loft area offers additional storage and could easily be finished out for expanded living space. Designed with long-term functionality in mind, the property includes a permitted septic system already engineered for an additional future home (to be built), a 350-foot well, and an impressive 29,000-gallon rainwater collection system complete with water purification and UV filtration. The combination of well water and rainwater storage provides outstanding utility and self-sufficiency potential. The land has already been thoughtfully cleared to showcase the property’s breathtaking Hill Country views while preserving the natural beauty and privacy of the surrounding landscape. An agricultural exemption has recently been approved, with active bee keeping in place through Keepers Harvest, creating an excellent opportunity for reduced property taxes. Whether you’re looking for a turnkey property, future homesite, recreational retreat, or private Hill Country escape, this rare acreage tract offers flexibility, infrastructure, and incredible potential in a peaceful cul-de-sac setting.
- Property Type
- Residential
- Lot Size
- 8.62 acres
- Garage
- 2 spaces
Listing information last updated September 17, 2026.
Listed by Coffman Real Estate
MLS# 8559268 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Water Purifier
- Cooling
- See Remarks,Wall/Window Unit(s)
Exterior & Lot
- Spray Foam Insulation
- Metal Siding
- Cul-De-Sac
- Level
- Trees-Large (Over 40 Ft)
- Many Trees
- Lot Size
- 8.62 Acres
- Additional Parking
- Door-Multi
- Garage Spaces
- 2
- Creek
Financial
- Original List Price
- $700,000
Utilities
- Electricity Connected
- Water Source
- See Remarks,Well
Transaction History
1 record on file
Every recorded listing, sale, and lease at 121 Spring CV, whoever represented it.
- ActiveListed 2026Current price: $700,000Original list: $700,000MLS 8559268
- Listed · June 24, 2026$700,000
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
Listing timeline with current price, original ask, and market time.
- Current list
- $700,000
- Original list
- $700,000
- Price movement
- No verified reduction
- Listed / DOM
- Jun 24, 2026 · 120 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $492,834
- Assessment Year
- 2025
- Year Built
- 2021
- Parcel ID
- 11-5025-0000-02400-4
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $492,834 | $434,694 | $58,140 |
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Zoned Schools & District Context
Dripping Springs
Dripping Springs Middle
Rooster Springs Elementary
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.
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($140K)
Adjustable assumption - not a lending recommendation.
$700,000
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Keenan Market Position
A sourced read on Dripping Springs pricing, timing, and property scale. No automated valuation claim.
List price
$700,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
120 days
Original to current
No verified reduction
$700K 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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