3 bed, 2 bath, 2,442 sqft on 1.09 acres in Dripping Springs. Dripping Springs, TX 78620. $597,000. Lake Travis ISD.
About This Home
Set on just over 1 acre in West Cave Estates, this Dripping Springs home offers the space, character, and Hill Country setting that are hard to find. The 3-bedroom, 2.5-bath home spans approximately 2,442 square feet and features multiple living areas, vaulted and beamed ceilings, an open floor plan, and an abundance of natural light.
The kitchen opens to the main living area and features granite countertops, a center island, breakfast bar, pantry, and stainless steel appliances, creating an easy layout for everyday living and entertaining. Wood, tile, and carpet flooring run throughout the home, while a fireplace adds character to the living space. Upstairs, the primary suite features beamed ceilings, a walk-in closet, full bath, and granite countertops.
For added privacy or room to build, the adjacent 1.38 acre lot is also available (MLS #5277396). Both of these beautiful lots offer privacy, mature trees, native landscaping and panoramic Hill Country views. The gated driveway with additional parking provides plenty of room for both daily living and guests. The property also features a 650 ft deep private well, septic system, metal roof, and underground utilities. Up to two horses allowed per lot. HOA includes community park and playground.
Located in Lake Travis ISD, 18220 Shepherds Corral combines acreage, privacy, flexible living space, and distinctive architectural details—all within the Texas Hill Country.
- Property Type
- Residential
- Year Built
- 1998
- Lot Size
- 1.09 acres
- Price / Sq Ft
- $244
- HOA
- $15/mo
Listing information last updated October 13, 2026.
Listed by Compass RE Texas, LLC
MLS# 3309147 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Two Primary Baths
- Breakfast Bar
- Ceiling Fan(s)
- Beamed Ceilings
- Ceiling-Vaulted
- Granite Counters
- Double Vanity
- High Speed Internet
- Interior Steps
- Multiple Living Areas
- Open Floorplan
- Storage
- Walk-In Closet(s)
- Dishwasher
- Disposal
- Dryer
- Electric Range
- Ice Maker
- Microwave
- Plumbed For Ice Maker
- Free-Standing Electric Range
- Refrigerator
- Self Cleaning Oven
- Stainless Steel Appliance(s)
- Washer
- Dryer
- Electric Water Heater
- Water Softener Owned
- Carpet
- Tile
- Wood
- Heating
- Electric,Heat Pump
- Cooling
- Electric,Heat Pump
- Fireplaces
- 1
Exterior & Lot
- Private Entrance
- Private Yard
- Metal Siding
- Wood Siding
- Stone
- Native Plants
- Private
- Rock Outcropping
- Rolling Slope
- Many Trees
- Views
- Gate
- Partial
- Slab
- Covered
- Deck
- Front Porch
- Roof
- Metal
- Lot Size
- 1.09 Acres
- Additional Parking
- Attached Carport
- Gated
Financial
- HOA Fee
- $15 / mo
- Original List Price
- $597,000
- Price per Sq Ft
- $244
Utilities
- Electricity Connected
- High Speed Internet
- Natural Gas Not Available
- Phone Available
- Propane
- Underground Utilities
- Water Source
- Private,Well
- Sewer
- Aerobic Septic
Transaction History
2 records on file
Every recorded listing, sale, and lease at 18220 Shepherds Corral, whoever represented it.
- ActiveListed 2026Current price: $187,000Original list: $187,000MLS 5277396
- Listed · October 1, 2026$187,000
- ActiveListed 2026Current price: $597,000Original list: $597,000MLS 3309147
- Listed · October 1, 2026$597,000
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
Listed with current price, original ask, and market time.
- Current list
- $597,000
- Original list
- $597,000
- Price movement
- No verified reduction
- Listed / DOM
- Oct 1, 2026 · 21 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $795,811
- Assessment Year
- 2025
- Year Built
- 1998
- Parcel ID
- 000000353552
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-8.5% | — | $795,811 | — | — |
2024-2.3% | — | $870,043 | $495,800 | $373,814 |
2023+77.7% | — | $890,242 | $371,850 | $498,193 |
2022 | — | $500,874 | $371,850 | $518,392 |
Zoned Schools & District Context
Lake Travis
Bee Cave Middle School
Lake Pointe 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 and home insurance. Each requires verified amount, cadence or unit, source, and as-of details.
HOA source: MLS Grid / Unlock MLS, as of 2026-10-16T09:07:02.883+00:00; normalized from monthly dues.
20% ($119K)
Adjustable assumption - not a lending recommendation.
$597,000
Luxury property intelligence
Keenan Market Position
A sourced read on Dripping Springs pricing, timing, and property scale. No automated valuation claim.
List price
$597,000
Price per sqft
$244/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
21 days
Original to current
No verified reduction
$597K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 16, 2026.
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