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#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024Loading
Discover this new construction home at 186 Grayson Elm Pass in Dripping Springs, Texas. This thoughtfully designed 4-bedroom, 3-bathroom home offers an open-concept perfect for daily life and entertaining.
The open-concept design creates natural flow between the main gathering areas, making it ideal for entertaining and daily living. The owner's bedroom, located on the upper level, offers privacy and separation from the other bedrooms, while each space has been thoughtfully planned to maximize comfort and functionality. Quality construction and finishes enhance the home's design, providing an inviting atmosphere throughout.
This new construction home represents an excellent opportunity to own a residence in Dripping Springs combining modern design, functional living spaces, and a prime neighborhood location.
Property Type
Residential
Year Built
2026
Lot Size
0.12 acres
$/Sq Ft
$211
HOA
$600/mo
Garage
4 spaces
Listed by M/I Homes Realty
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Verified property facts
186 Grayson Elm Pass is listed at $414,990 with 4 bedrooms, 3 full bathrooms, 1,963 square feet, 0.12-acre lot.
186 Grayson Elm Pass 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.
186 Grayson Elm Pass is a Residential built in 2026 featuring 4 bedrooms, 3 full bathrooms, 1,963 square feet, 0.12-acre lot.
186 Grayson Elm Pass is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
With 20% down ($82,998) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 186 Grayson Elm Pass is around $2,914 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Price Change with current price, original ask, and market time.
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% ($83K)
$414,990
Luxury property intelligence
A sourced read on Heritage pricing, timing, and property scale. No automated valuation claim.
List price
$414,990
Price per sqft
$211/sqft
Vs. Heritage median
Not available
Days on market
145 days
Original to current
$40K reduction
$455K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of May 31, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
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#1 ABOR Team 2024 with $1B+ career sales volume
At $414,990, 186 Grayson Elm Pass is in the Heritage market where there are currently 236 active listings in 78620. The Keenan Group has completed 11 transactions in 78620 as part of 1,000+ career sales totaling $1B+ across Austin.
186 Grayson Elm Pass is part of a managed community with HOA dues of $600 annually. HOA-managed communities in Austin's luxury market typically provide amenities such as common areas, security, and exterior maintenance. Verify current dues and rules with the HOA directly.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Best Match
Balanced against price, location, and layout so nearby lookalikes rise first. Similar properties in Heritage
5 events on record
Current Price
$419,990
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
Active listings near 186 Grayson Elm Pass
Recent sales for market context
