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#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024Loading
Verified property facts
150 Patricks Way is zoned for Dripping Springs ISD with assigned schools: Dripping Springs (6/10) (elementary), Dripping Springs Middle (middle), Dripping Springs (8/10) (high). School assignments should be verified directly with the district.
150 Patricks Way 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 150 Patricks Way is $10,315. 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.
With 20% down ($100,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 150 Patricks Way is around $3,454 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Listing timeline with current price, original ask, and market time.
A Rare Hilltop Opportunity in Springlake In the heart of Dripping Springs, where growth and demand continue to surge, a remarkable 4.77-acre residential lot has quietly emerged as one of the area’s most desirable opportunities. Tucked at the secluded back side of the Springlake subdivision, this property sits at the end of a peaceful cul-de-sac—offering the privacy today’s buyers crave while remaining minutes from schools, shopping, entertainment, and major commuter routes.
From the moment you arrive, the land makes its value clear. Mature live oaks stretch across the property, creating a natural canopy that few parcels in the area can match. Native vegetation thrives throughout, preserving the authentic Hill Country character that continues to attract homeowners and investors alike.
At the top of the property lies its crown jewel: a private hilltop homesite that has already been thoughtfully cleared. This elevated build location provides both convenience and vision—allowing a buyer to begin planning their custom home immediately, without the delays or costs of initial site preparation.
The lot is served by Dripping Springs Water Supply, ensuring reliable access to a water tap—an increasingly valuable asset in a region known for its careful resource management. And with the property located in the highly regarded Dripping Springs School District, it stands out as an exceptional choice for families seeking long-term stability and educational excellence.
Whether envisioned as a private estate, a luxury custom residence, or a long-term investment in one of Central Texas’s most sought-after communities, this property delivers on every front. Its combination of privacy, natural beauty, infrastructure readiness, and proximity to modern conveniences makes it a standout opportunity in today’s competitive market.
This is more than land—it’s a strategic purchase with lasting value, ready for the next owner to shape into something extraordinary.
Property Type
Land
Lot Size
4.77 acres
Listed by Randy Hutto, Realtors
Property Details
Lot Features
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% ($100K)
$500,000
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List price
$500,000
Price per sqft
Not available
Vs. Springlake median
Not available
Days on market
76 days
Original to current
No verified reduction
$500K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of May 9, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
At $500,000, 150 Patricks Way is in the Springlake market where there are currently 261 active listings in 78620. The Keenan Group has completed 11 transactions in 78620 as part of 1,000+ career sales totaling $1B+ across Austin.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
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