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This property has sold on March 3, 2026. Looking for something similar? Contact us or browse available homes.

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Off Marketas of Mar 26, 2026

This property is no longer actively listed. We can help you find similar homes currently for sale, notify you if this property relists, or explore off-market opportunities in the area.

$1,445,000

last listed

197 Gaucho Way, Dripping Springs, TX 78620

Dripping Springs•MLS# 5458512
3beds
3full1half
3,519sqft
Built2023

Why you're seeing this property: Unlike major portals that hide off-market listings, we maintain the most comprehensive Austin property database. View market history, neighborhood data, and discover similar homes currently for sale. #1 Austin Realtor Team 2024.

3 bed, 3 bath, 3,519 sqft on 1.00 acres in Dripping Springs. Dripping Springs, TX 78620. Last listed at $1,445,000, sold March 3, 2026. Dripping Springs ISD.

About This Home

Situated on a private 1-acre property in coveted Bunker Ranch, this 3,500+ sq/ft custom 3 bed 3.5 bath home + separate 1 bed 1 bath full guest suite has designer upgrades at every turn. Located in Dripping Springs, connectivity to the outdoors was an inspiration behind this architectural masterpiece. From the moment you enter the gated front courtyard you are greeted with floor to ceiling windows and clean lines. The home is centered around a heated 12’ x 36’ pool and multiple outdoor living spaces giving you true indoor/outdoor entertaining opportunities. Whether you are watching the game from the pool or have the collapsable wall of windows open in the cool fall weather, time will slow down in the privacy that comes with backing to platted greenspace behind the property as you relax next to one of the two fireplaces.

The well-appointed chef’s Kitchen is equipped Wolf, Bosch, Gaggenau, and Sub-Zero appliances, 44” Ruvati sink, island seating, butler’s style pantry and more. The centerpiece of the Great Room is the custom glass tiled gas fireplace which is flanked by the accordion doors connecting to the outdoor living room.

The oversized Primary Suite has stunning natural light, direct access to the pool, a custom white oak wet bar for your morning coffee or nightcap, expansive Primary Bathroom with floating soaking tub, separate tiled shower, and massive closet.

Under the same roof, the detached Guest Suite has a living space, bedroom, full bathroom and plumbed for a kitchenette. Ideal for a artist studio, guest or live-in help quarters, multi-generational living or home office.

Additional features include hand-selected Texas limestone, hardwood flooring throughout, automated blinds, security system, and a three-car garage with transom windows and 14–18 ft ceilings. Experience the feeling of living in the country in the security of a gated community and just minutes from the heart of Dripping Springs.

Property Type
Residential
Year Built
2023
Lot Size
1.00 acres
Price / Sq Ft
$411

Listing information last updated February 19, 2026.

Listed by Compass RE Texas, LLC

MLS# 5458512 • Closed

IDX inquiries: Keenan Group at Compass · (512) 415-7653

Properties displayed may be listed or sold by various participants in the MLS.

Highlights

Generous 1.00-acre lot
Ideal for a artist studio, guest or live-in help quarters, multi-generational living or home office

Facts & Features

Exterior & Lot
Lot Size
1.00 Acres
Financial
Original List Price
$1,445,000
Price per Sq Ft
$411

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Price & Listing History

Listing timeline with current price, original ask, and market time.

View Timeline
Current list
$1,445,000
Original list
$1,445,000
Price movement
No verified reduction
Listed / DOM
Feb 12, 2026

Tax Record

Public record data from county appraisal records. Market value can differ from assessed value.

Assessed Value
$1,102,420
Assessment Year
2025
Year Built
2023
Parcel ID
11-0992-0001-01300-4
YearTaxesTotal AssessmentLandAdditions
2025
—$1,102,420$319,770$782,650

Virtual Tour

Virtual tour of 197 Gaucho Way
Map showing 197 Gaucho Way
197 Gaucho Way
Directions
1 High School1 Middle School1 Elementary School

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.

Principal & interest
$8,004

Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.

20% ($289K)

Adjustable assumption - not a lending recommendation.

$1,445,000

Loan: $1.2M
Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-10-15
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Keenan Market Position

A sourced read on Dripping Springs pricing, timing, and property scale. No automated valuation claim.

List price

$1,445,000

Price per sqft

$411/sqft

Vs. Neighborhood guide reference price

Not available

Days on market

Not available

Original to current

No verified reduction

$1.4M original

Active inventory context

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Source: Public records and Keenan Group review as of Mar 26, 2026.

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Frequently Asked Questions

What school district is 197 Gaucho Way in?

197 Gaucho Way is zoned for Dripping Springs ISD with assigned schools: Walnut Springs (elementary), Dripping Springs Middle (middle), Dripping Springs (high). School assignments should be verified directly with the district.

What are the property details for 197 Gaucho Way?

197 Gaucho Way is a Residential built in 2023 featuring 3 bedrooms, 3 full, 1 half bathrooms, 3,519 square feet, 1.00-acre lot.

When was 197 Gaucho Way built?

197 Gaucho Way was built in 2023, making it 3 years old with relatively recent construction.

Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.

Why Choose the #1 Austin Board Team for Dripping Springs

#1 ABoR Team 20241,000+ Career SalesCompass Luxury Collection Specialist

#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.

25+ years advising buyers and sellers in this community

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Last updated: 3/26/2026, 6:29:26 PM

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