
Move-in ready 2022 David Weekley home backing to a serene greenbelt in the highly desirable Headwaters community of Dripping Springs. This beautifully designed 1.5-story home offers 4 bedrooms, 3 full baths, an open-concept layout, and a light-filled main living area ideal for everyday living and entertaining. The chef-inspired kitchen features a large center island, stone countertops, built-in appliances, gas cooktop, large pantry, and generous storage.
The main level includes 3 bedrooms and 2 full baths, including a comfortable primary suite with an upgraded en-suite bath and walk-in closet. Upstairs, you’ll find bedroom #4, a full bath, and a spacious game room or second living area — perfect for guests, a media room, playroom, or private work-from-home space.
Enjoy peaceful greenbelt views from the covered back patio and a prime location near scenic trails, parks, and Wildwood Springs Elementary, located within the neighborhood and walkable from the home. Headwaters also offers The Prep Preschool within the community and Oakwood Public Market at the neighborhood entrance for dining, coffee, and local conveniences.
Headwaters is known for its rolling Hill Country setting, modern farmhouse-inspired architecture, professionally landscaped streets, and exceptional amenities, including a resort-style pool complex, huge community gym, clubhouse with coffee shop, parks, playgrounds, dog park, and extensive trail system.
Additional features include a water purification system, automatic sprinkler system, full gutters, neutral finishes, generous storage, and a flexible floor plan. Washer, dryer, refrigerator, SimpliSafe security system, water softener and the reverse osmosis water purification system all convey. Located in award-winning Dripping Springs ISD, this home blends newer construction, greenbelt privacy, and the best of the Headwaters lifestyle.
Property Type
Residential
Year Built
2022
Lot Size
0.14 acres
$/Sq Ft
$236
HOA
$459/mo
Garage
4 spaces
Listed by Compass RE Texas, LLC
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Verified property facts
127 Moonlit Stream PASS is listed at $655,000 with 4 bedrooms, 3 full bathrooms, 2,779 square feet, 0.14-acre lot.
127 Moonlit Stream PASS 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.
127 Moonlit Stream PASS is a Residential built in 2022 featuring 4 bedrooms, 3 full bathrooms, 2,779 square feet, 0.14-acre lot.
127 Moonlit Stream PASS 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 127 Moonlit Stream PASS is $14,663. 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
Best Match
Balanced against price, location, and layout so nearby lookalikes rise first. Similar properties in Headwaters
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 | — | $578,360 | $126,730 | $451,630 |

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% ($131K)
$655,000
Luxury property intelligence
A sourced read on Headwaters pricing, timing, and property scale. No automated valuation claim.
List price
$655,000
Price per sqft
$236/sqft
Vs. Headwaters median
Not available
Days on market
13 days
Original to current
No verified reduction
$655K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 20, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($131,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 127 Moonlit Stream PASS is around $4,621 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $655,000, 127 Moonlit Stream PASS is in the Headwaters market where there are currently 243 active listings in 78620. The Keenan Group has completed 11 transactions in 78620 as part of 1,000+ career sales totaling $1B+ across Austin.
127 Moonlit Stream PASS was built in 2022, making it 4 years old with relatively recent construction.
127 Moonlit Stream PASS includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
127 Moonlit Stream PASS is part of a managed community with HOA dues of $459 quarterly. 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
$655,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $578,360 | $126,730 | $451,630 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
Active listings near 127 Moonlit Stream PASS
Recent sales for market context