
5 bed, 5 bath, 4,960 sqft on 0.42 acres in Dripping Springs. Dripping Springs, TX 78620. $2,299,900. Dripping Springs ISD.
MLS# 6167540 - Built by Drees Custom Homes - Ready Now! ~ This stunning single-family residence, nestled in the sought-after Caliterra neighborhood, offers an impressive blend of modern luxury and functional design. Spanning a generous 4,960 square feet, this thoughtfully crafted home, Drees Model Home completed in December 2020, features five spacious bedrooms, including two primary suites, making it ideal for families or those who value ample living space. This selling includes furniture except the standing furniture such as couches, beds, exc.
At $474 per square foot, 122 Crosswater Ln stands out as a large-scale luxury buy in Dripping Springs, with 4,960 square feet, a 0.42-acre lot, and a 2020 build that still reads current. At 122 Crosswater Ln in Dripping Springs, TX 78620, the draw is simple: five bedrooms, five full baths, one half bath, and a floor plan built for households that need real separation without giving up shared living space.
This is a Residential - Single Family Residence in Hays County priced at $2.35 million, and the numbers tell the story quickly. You are getting a newer construction home with the scale many buyers want but rarely find this close to central Dripping Springs. The layout includes two primary suites, which changes how the home lives day to day. That works for multigenerational use, long-term guests, or owners who want flexibility without compromise. The home was completed in 2020 by Drees Custom Homes, and that matters in a market where buyers often compare older custom inventory against newer builds with better energy performance, more efficient room placement, and stronger lock-and-leave usability.
Dripping Springs is one of the best-known master-planned communities in Dripping Springs because it combines larger homesites with neighborhood amenities and a setting that still feels tied to the Hill Country. From this address, Ranch Road 12 is the main daily connector, and US-290 gives you the route east toward Austin or west through the Hill Country. Mercer Street in downtown Dripping Springs is a short drive for restaurants, local retail, and community events. Founders Memorial Park and Dripping Springs Ranch Park are also close by for sports, trails, and weekend time outside. That local access is a major reason buyers target this section of Dripping Springs instead of pushing farther west.
School information is not listed here, so buyers should verify current attendance boundaries directly, but Caliterra is consistently part of the conversation for purchasers focused on Dripping Springs area schools. With 60 days on market, this home gives buyers a chance to evaluate size, age, and price-per-square-foot against the broader luxury inventory with clear eyes. For someone who wants a newer luxury home, usable lot size, and a strong Dripping Springs location with room to adapt over time, 122 Crosswater Ln offers both immediate comfort and long-term value.
Verified property facts
122 Crosswater LN is listed at $2,299,900 with 5 bedrooms, 5 full, 1 half bathrooms, 4,960 square feet, 0.42-acre lot. This places it above the ZIP 78620 single-family closed-sale median price of $867,000 (ZIP 78620 geography · single-family closed sales · median sale price · trailing 12 months as of Oct 1, 2026).
122 Crosswater LN is zoned for Dripping Springs ISD with assigned schools: Walnut Springs (8/10) (elementary), Dripping Springs Middle (middle), Dripping Springs (8/10) (high). School assignments should be verified directly with the district.
122 Crosswater LN is a Residential built in 2020 featuring 5 bedrooms, 5 full, 1 half bathrooms, 4,960 square feet, 0.42-acre lot.
122 Crosswater LN is listed by HomesUSA.com. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Oct 2, 2026.
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1 record on file
Every recorded listing, sale, and lease at 122 Crosswater LN, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Price Change 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 | — | $895,163 | $216,830 | $678,333 |
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% ($460K)
Adjustable assumption - not a lending recommendation.
$2,299,900
Luxury property intelligence
A sourced read on Dripping Springs pricing, timing, and property scale. No automated valuation claim.
List price
$2,299,900
Price per sqft
$464/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
287 days
Original to current
$50.1K reduction
$2.4M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 2, 2026.
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This page does not assume a mortgage rate or publish a monthly payment for 122 Crosswater LN. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Oct 2, 2026, 122 Crosswater LN is offered at $2,299,900. The current MLS snapshot shows 223 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.
122 Crosswater LN was built in 2020, making it 6 years old with relatively recent construction.
The MLS listing reports HOA or association dues of $1,500 annual for 122 Crosswater LN. 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.
Car-Dependent
N/A
Somewhat Bikeable
Walk Score measures walkability based on distance to amenities. Transit Score measures public transportation access. Bike Score measures bikeability based on bike infrastructure and terrain.
4 events on record
Current Price
$2,299,900
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $895,163 | $216,830 | $678,333 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
| Address | Offered At |
|---|---|
| 306 Saddlehorn Dr | $1.40M |
| 380 Waters Edge Cv | $2.58M |
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