4 bed, 3 bath, 2,565 sqft on 12.50 acres in Dripping Springs. Dripping Springs, TX 78620. $959,600. Dripping Springs ISD.
About This Home
Welcome to 1401 Pursley Rd, a rare opportunity to own 12.5 lightly restricted acres in the heart of the Texas Hill Country, just minutes from the charm and convenience of Dripping Springs. Set against stunning panoramic views, this fully fenced property offers a unique blend of privacy, usability, and future potential. Whether you're envisioning a private retreat, multigenerational compound, or additional homesites, the foundation is already in place.
The property features a 3-bedroom, 2-bath main home measuring 1,641 square feet, with pier-and-beam construction and an unfinished attic ready for your updates. A separate 1-bedroom, 1-bath guest house with 924 square feet, full kitchen, laundry, and slab foundation provides excellent flexibility for guests, rental income, or extended family.
Designed for self-sufficiency and rural living, the property includes a rainwater collection system with 18,000 and 5,000-gallon cisterns. Both pumps were replaced within the last 4 years and have been lightly used. Electric service is provided by Pedernales Electric, and a water line has already been run to a secondary build site at the back of the property. Additional improvements include a shop with electric on a slab, RV and equipment carports, and established deer blinds.
Located just 5 miles from Highway 290, you will enjoy convenient access to Dripping Springs, HEB, and Austin, while still embracing the peace and quiet of country living. Home and septic inspections from 2022 are available for review.
If you have been searching for acreage with views, tranquility, infrastructure, and room to create something truly special, this is it.
If your idea of the perfect weekend involves firing up the grill for the neighborhood crew, this 12.5-acre property at 1401 Pursley Rd in Dripping Springs is the answer you've been looking for. This isn't a typical suburban lot-this is genuine Hill Country acreage where kids can actually run, where your BBQ becomes legendary, and where "backyard games" takes on a whole new meaning.
The main residence is a 2,565-square-foot, four-bedroom home built in 1999 with a rear porch that overlooks the gently sloping property. The layout gives you multiple living areas and dining spaces, so hosting flows naturally from inside to out. The fully fenced acreage means your backyard gathering space extends well beyond typical neighborhood boundaries. Picture a proper fire pit area, lawn games spread across open ground, and enough room so the kids' soccer game doesn't interfere with your corn hole tournament. Medium-sized trees scattered across the property provide natural shade without hemming you in-you get both openness and relief from the Texas sun.
The septic system and well infrastructure are already established, and rainwater cisterns with 23,000 gallons of storage capacity mean this property was designed for long-term self-sufficiency. A separate guest house with its own kitchen and laundry gives you flexibility: overflow guests, extended family stays, or rental income. An equipment carport and workshop with electric service handle the practical side of rural living.
Location-wise, you're genuinely close to civilization. Highway 290 is five miles away, making Dripping Springs and its schools-Walnut Springs Elementary, Dripping Springs Middle, and Dripping Springs High School-easily accessible. The Dripping Springs ISD is well-established in this region. Austin's employment centers and restaurants are within 30 minutes, but when you pull back through those gates at the end of the day, you're in true Texas Hill Country quiet.
At $384 per square foot for 4 bedrooms and 3 bathrooms, plus over 12 acres, the per-acre economics are compelling for anyone serious about Hill Country living. This is the property where weekend gatherings become tradition and your backyard becomes the place everyone wants to be.
The numbers behind this insight
- Offered at
- $959,600
- Listed
- March 29, 2026
- Price changes
- 5, down 2.6% from $985,000
- Asking price per sq ft
- $374
- Property Type
- Residential
- Year Built
- 1999
- Lot Size
- 12.50 acres
- Price / Sq Ft
- $374
Listing information last updated October 7, 2026.
Listed by Bramlett Partners
MLS# 4843877 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Ceiling Fan(s)
- Tile Counters
- Multiple Dining Areas
- Multiple Living Areas
- No Interior Steps
- Primary Bedroom on Main
- Storage
- Dishwasher
- Exhaust Fan
- Free-Standing Electric Range
- Free-Standing Refrigerator
- Washer
- Dryer
- Laminate
- Tile
- Wood
- Heating
- Central,Propane
- Cooling
- Central Air,Electric,Wall/Window Unit(s)
Exterior & Lot
- Gutters Full
- Satellite Dish
- Concrete
- Hardi
- Plank Type
- Metal Siding
- Gentle Sloping
- Private
- Trees-Medium (20 Ft - 40 Ft)
- Views
- Cross Fenced
- Full
- Pillar
- Post
- Pier
- Slab
- Front Porch
- Rear Porch
- Roof
- Metal
- Lot Size
- 12.50 Acres
- Covered
- Detached Carport
- Driveway
- Gated
- Parking Lot
- RV Carport
- Storage
- Unpaved
Financial
- Original List Price
- $985,000
- Price per Sq Ft
- $374
Utilities
- Above Ground
- Electricity Connected
- Propane
- Water Source
- Private
- Sewer
- Private Sewer
Transaction History
1 record on file
Every recorded listing, sale, and lease at 1401 Pursley RD, whoever represented it.
- ActiveListed 2026Current price: $959,600Original list: $985,000MLS 4843877
- Listed · March 29, 2026$985,000
- Price changed · May 22, 2026$984,900
- Price changed · June 29, 2026$984,800
- Price changed · July 29, 2026$984,700
- Price changed · September 2, 2026$984,600
- Price changed · September 12, 2026$959,600
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
Price Change with current price, original ask, and market time.
- Current list
- $959,600
- Original list
- $985,000
- Price movement
- $25.4K reduction
- Listed / DOM
- Mar 29, 2026 · 207 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $813,325
- Assessment Year
- 2025
- Year Built
- 1999
- Parcel ID
- 10-0366-0021-00001-4
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $813,325 | $783,600 | $511,830 |
Zoned Schools
Dripping Springs
Dripping Springs Middle
Walnut Springs
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% ($192K)
Adjustable assumption - not a lending recommendation.
$959,600
Luxury property intelligence
Keenan Market Position
A sourced read on Dripping Springs pricing, timing, and property scale. No automated valuation claim.
List price
$959,600
Price per sqft
$374/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
207 days
Original to current
$25.4K reduction
$985K 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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