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$1,999,000
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9 bed, 8 bath, 4,055 sqft on 4.22 acres in Dripping Springs. Dripping Springs, TX 78620. $1,999,000. Dripping Springs ISD.
Set on 5 private acres in the Texas Hill Country, this expansive Dripping Springs estate offers exceptional scale, privacy, and resort-style amenities just 30 minutes from Downtown Austin. Designed for large-scale living and entertaining, the property features 9 bedrooms, 8 bathrooms, generous common areas, and a spacious chef’s kitchen with oversized island—ideal for gatherings, multigenerational living, or a luxury retreat.
The outdoor spaces create a true Hill Country oasis with a resort-style pool and spa, expansive patios, outdoor kitchen, fire pit, and open lawn areas, offering privacy and room to further enhance the grounds.
This is a proven, income-producing short-term rental, having generated an impressive $877,763 in gross revenue over the past three years, with meaningful upside through continued optimization. The property may be sold fully turnkey as an active STR, including all furniture, supplies, future bookings, listings, photography, and operational systems, allowing for seamless ownership transition.
Located near Dripping Springs’ wineries, dining, and outdoor recreation, this property presents a rare opportunity to own a large Hill Country estate with both lifestyle appeal and strong investment performance.
*THIS PROPERTY IS PART OF A 5 PROPERTY PORTFOLIO THAT CAN BE SOLD AS A PACKAGE FOR A DISCOUNTED PRICE. ASK LISTING AGENT FOR DETAILS*
A 9-bedroom estate on 4.222 acres that has generated $877,763 in gross short-term rental revenue over the past three years is rare in Dripping Springs, and 171 Hart Ln puts that scale to work at $2.00 million, or about $493 per square foot. In Dripping Springs, 171 Hart Ln is a 4,055-square-foot single-family residence built in 1997 with 8 baths, large gathering spaces, and the kind of layout that works for multigenerational living, event-style entertaining, or a high-capacity luxury rental strategy.
What stands out here is flexibility. Most Hill Country homes give you either privacy, income potential, or proximity. This one gives you all three. The setting off Bell Springs Road near Harmon Hills Road feels tucked away, but you still have direct access to US-290 and Ranch Road 12, which is what makes day-to-day living practical. Downtown Austin is about a 30-minute drive, and the core of Dripping Springs is close enough for a quick run to H-E-B, local restaurants, or school pickup. Bell Springs Winery is a familiar local stop nearby, and both Founders Memorial Park and Dripping Springs Ranch Park add real lifestyle value if outdoor space matters to you.
The land matters as much as the house. A 4.222-acre tract in this part of Hays County gives you room to spread out, add uses over time, and keep the privacy that buyers expect in the western Dripping Springs market. The outdoor setup supports that value with a pool, spa, broad patio areas, outdoor kitchen, fire pit, and open lawn space. For an owner-occupant, it reads like a private retreat. For an investor, it reads like a property already configured for large-group demand.
School draw is another point in its favor. Listing sources place 171 Hart Ln in Dripping Springs ISD, with Walnut Springs Elementary rated 9 out of 10, Dripping Springs Middle School rated 7 out of 10, and Dripping Springs High School rated 7 out of 10 on GreatSchools. That school pipeline carries weight with both full-time buyers and long-term value watchers because Dripping Springs ISD remains one of the strongest location signals west of Austin.
For buyers asking what it is like to live at 171 Hart Ln in Dripping Springs, TX 78620, the answer is simple: you get Hill Country land, a high-capacity home, access to Dripping Springs amenities, and a location that still keeps Austin in reach. That combination gives this Dripping Springs property more than lifestyle appeal today. It gives it options for long-term value tomorrow.
Verified property facts
171 Hart Ln is listed at $1,999,000 with 9 bedrooms, 8 full bathrooms, 4,055 square feet, 4.22-acre lot. This places it above the ZIP 78620 single-family closed-sale median price of $867,000 (ZIP 78620 geography · single-family closed sales · median sale price · trailing 12 months as of Oct 1, 2026).
171 Hart Ln is zoned for Dripping Springs ISD with assigned schools: Walnut Springs (7/10) (elementary), Dripping Springs Middle (middle), Dripping Springs (8/10) (high). School assignments should be verified directly with the district.
171 Hart Ln is a Residential built in 1997 featuring 9 bedrooms, 8 full bathrooms, 4,055 square feet, 4.22-acre lot.
171 Hart Ln is listed by Compass RE Texas, LLC. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using public records data reviewed as of May 27, 2026.
The most recent annual property tax for 171 Hart Ln is $12,095. 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.
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1 record on file
Every recorded listing, sale, and lease at 171 Hart Ln, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Active Under Contract 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 | — | $739,609 | $331,310 | $408,299 |
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% ($400K)
Adjustable assumption - not a lending recommendation.
$1,999,000
Luxury property intelligence
A sourced read on Dripping Springs pricing, timing, and property scale. No automated valuation claim.
List price
$1,999,000
Price per sqft
$493/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
Not available
Original to current
No verified reduction
$2M original
Active inventory context
Ask for current inventory
Source: Public records and Keenan Group review as of May 27, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
District guide, nearby schools, and homes by attendance area
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Pricing, prep, launch timing, and Compass marketing strategy
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This page does not assume a mortgage rate or publish a monthly payment for 171 Hart Ln. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of May 27, 2026, 171 Hart Ln is offered at $1,999,000. 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
$1,999,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $739,609 | $331,310 | $408,299 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
| Address | Offered At |
|---|---|
| 164 Carentan Cv | $1.14M |
| 306 Saddlehorn Dr | $1.40M |
| 265 Quinn Dr | $1.09M |
| 380 Waters Edge Cv | $2.58M |
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