
— bed, — bath on 4.77 acres in Dripping Springs. Dripping Springs, TX 78620. $457,000. Dripping Springs ISD.
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.
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 listed by Randy Hutto, Realtors. 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.
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.
This page does not assume a mortgage rate or publish a monthly payment for 150 Patricks WAY. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
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1 record on file
Every recorded listing, sale, and lease at 150 Patricks WAY, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Listing timeline 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 | — | $630,750 | $630,750 | — |
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% ($91K)
Adjustable assumption - not a lending recommendation.
$457,000
Luxury property intelligence
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
220 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 2, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
District guide, nearby schools, and homes by attendance area
Private Austin CMA, TCAD context, and pricing strategy
Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
As of Oct 2, 2026, 150 Patricks WAY is offered at $457,000. 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.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
1 event on record
Current Price
$457,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $630,750 | $630,750 | — |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
| Address | Offered At |
|---|---|
| 145 Beach Mountain RD | $360K |
| 108 Francesco | $439K |
| 200 Twidwell Dr | $535K |
| 120 Nodena Dr | $600K |
| 1330 Deer Creek Cir | $520K |
| 202 Pink Granite Blvd | $435K |
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