— bed, — bath on 4.77 acres in Dripping Springs. Dripping Springs, TX 78620. $457,000. Dripping Springs ISD.
About This Home
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
Listing information last updated September 30, 2026.
Listed by Randy Hutto, Realtors
MLS# 9280029 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Exterior & Lot
- Public Maintained Road
- Trees-Heavy
- Lot Size
- 4.77 Acres
Financial
- Original List Price
- $500,000
Utilities
- Water Available
- Water Source
- Public
- Sewer
- Septic Needed
Transaction History
1 record on file
Every recorded listing, sale, and lease at 150 Patricks WAY, whoever represented it.
- ActiveListed 2026Current price: $457,000Original list: $500,000MLS 9280029
- Listed · February 24, 2026$500,000
- Price changed · May 12, 2026$457,000
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Explore this area
Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $457,000
- Original list
- $500,000
- Price movement
- $43K reduction
- Listed / DOM
- Feb 24, 2026 · 240 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $630,750
- Assessment Year
- 2025
- Parcel ID
- 11-8070-0000-14100-4
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $630,750 | $630,750 | — |
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% ($91K)
Adjustable assumption - not a lending recommendation.
$457,000
Luxury property intelligence
Keenan Market Position
A sourced read on Dripping Springs pricing, timing, and property scale. No automated valuation claim.
List price
$457,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
240 days
Original to current
$43K reduction
$500K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 16, 2026.
Request Private Market AnalysisConnect 150 Patricks Way to the Austin Market
78620 ZIP Guide
ZIP-level neighborhoods, schools, lifestyle, and Austin market context
Dripping Springs ISD Schools
District guide, nearby schools, and homes by attendance area
Austin Home Valuation
Private Austin CMA, TCAD context, and pricing strategy
Seller Resources
Pricing, prep, launch timing, and Compass marketing strategy
Keenan Group Results
#1 ABOR Team 2024 with $1B+ career sales volume












