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$1,445,000
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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
$/Sq Ft
$411
Listed by Compass RE Texas, LLC
Property Details
Verified property facts
197 Gaucho Way is listed at $1,445,000 with 3 bedrooms, 3 full, 1 half bathrooms, 3,519 square feet, 1.00-acre lot. This places it above the ZIP 78620 single-family closed-sale median price of $867,000 (ZIP 78620 geography · single-family closed sales · median sale price · trailing 12 months as of Sep 5, 2026).
197 Gaucho Way is zoned for Dripping Springs ISD with assigned schools: Walnut Springs (8/10) (elementary), Dripping Springs Middle (middle), Dripping Springs (8/10) (high). School assignments should be verified directly with the district.
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.
197 Gaucho Way is listed by Compass RE Texas, LLC. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using public records data reviewed as of Mar 26, 2026.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
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1 record on file
Every recorded listing, sale, and lease at 197 Gaucho Way, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Listing timeline with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $1,102,420 | $319,770 | $782,650 |

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% ($289K)
Adjustable assumption - not a lending recommendation.
$1,445,000
Luxury property intelligence
A sourced read on Bunker Ranch Ph 4 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.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
District guide, nearby schools, and homes by attendance area
Private Austin CMA, TCAD context, and pricing strategy
Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
This page does not assume a mortgage rate or publish a monthly payment for 197 Gaucho Way. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Mar 26, 2026, 197 Gaucho Way is offered at $1,445,000. The current MLS snapshot shows 215 active listings in 78620. Keenan Group has completed 12 verified transactions in 78620 within its 1,000+ completed transactions and $1B+ career volume across Austin.
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.
1 event on record
Current Price
$1,445,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $1,102,420 | $319,770 | $782,650 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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