— bed, — bath on 1.07 acres in Dripping Springs. Dripping Springs, TX 78620. $225,000. Dripping Springs ISD.
About This Home
This flat 1-acre homesite in Legacy Trails offers a rare opportunity to build in an established Dripping Springs neighborhood with minimal deed restrictions and plenty of room to create your ideal property. This neighborhood has a scenic drive in towards the lot and showcases custom homes, no cookie cutters! Backing to an HOA greenspace buffer for added privacy, the lot has many mature cedar and oak trees and allows for a minimum 2,400 sq ft home, enclosed RV and boat storage, and flexible rental use. With a low 1.86% tax rate, proximity to downtown Drip and shopping, this property is well suited for a primary residence or investment opportunity. Bring your builder and create your dream home! City water tap is located at the end of the lot and the tap fee is $4100 to connect to Dripping Springs Water Supply.
Located within top rated Dripping Springs ISD, the lot is just 1.2 miles from the elementary school, 3 miles from Dripping Springs High School, 1.7 miles from H-E-B, and 26 miles from Downtown Austin. Enjoy easy access to everyday amenities, local festivals like Founders Day and the Songwriters Festival, local restaurants and nearby shopping in Bee Cave, and outdoor adventure in state parks while still having space to spread out and make the property your own. Legacy Hills offers the increasingly hard-to-find combination of flexibility, established surroundings, and a prime Dripping Springs location. Call today to schedule your tour!
- Property Type
- Land
- Lot Size
- 1.07 acres
Listing information last updated September 24, 2026.
Listed by Magnolia Realty Austin Hill Co
MLS# 4470857 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Exterior & Lot
- Cul-De-Sac
- Private
- Many Trees
- Lot Size
- 1.07 Acres
Financial
- Original List Price
- $250,000
Utilities
- Electricity Available
- Water Available
- Water Source
- Public
- Sewer
- Septic Needed
Transaction History
3 records on file
Every recorded listing, sale, and lease at 179 Shawnee TRL, whoever represented it.
- ActiveListed 2026Current price: $225,000Original list: $250,000MLS 4470857
- Listed · June 16, 2026$250,000
- Price changed · July 20, 2026$225,000
- SoldJuly 5, 2011Listed at: $75,000MLS 9222465
- ExpiredListed date not recordedCurrent price: $75,000Original list: $75,000MLS 3093706
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
Listing timeline with current price, original ask, and market time.
- Current list
- $225,000
- Original list
- $250,000
- Price movement
- $25K reduction
- Listed / DOM
- Jun 16, 2026 · 128 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $221,580
- Assessment Year
- 2025
- Parcel ID
- 11-6577-0C00-002B0-4
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $221,580 | $221,580 | — |
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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% ($45K)
Adjustable assumption - not a lending recommendation.
$225,000
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Keenan Market Position
A sourced read on Dripping Springs pricing, timing, and property scale. No automated valuation claim.
List price
$225,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
128 days
Original to current
$25K reduction
$250K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 17, 2026.
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