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$1,445,000
last listed197 Gaucho Way, Dripping Springs, TX 78620
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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
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.
- 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
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $1,102,420 | $319,770 | $782,650 |
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Zoned Schools
Dripping Springs
Dripping Springs Middle
Walnut Springs
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% ($289K)
Adjustable assumption - not a lending recommendation.
$1,445,000
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Keenan Market Position
A sourced read on Dripping Springs pricing, timing, and property scale. No automated valuation claim.
List price
$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
Ask for current inventory
Source: Public records and Keenan Group review as of Mar 26, 2026.
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