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#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024Loading
Welcome to a great find in the heart of Dripping Springs - 15 acres with wildlife exemption in place and a charming 3 bed / 2 bath farmhouse, ready for your big dreams of country living in the heart of the Texas Hill Country. Once a fully functioning family-farm, this special spot is ready for new owners with convenient location just 15 minutes to Bee Cave, Hill Country Galleria, and downtown Dripping Springs, situated off the north end of Bell Springs Road. This premier location offers the perfect combination of remote privacy with the ease of access to all your favorite shops nearby. The perimeter of the 15 acres is fully fenced, ready for your animals, with several cross fencing in place, suitable for horses, exotics, chickens, cows, and more. There are several garden areas, outbuildings, and animal shelters already in place. The farmhouse is being sold as is and was recently remodeled with new paint, kitchen counters and flooring in the bedrooms. The house consists of 3 bedrooms and 2 bathrooms, with a living room with beamed ceilings and wood-burning fireplace, along with a kitchen and attached breakfast room. There is also a mud room with wash basin, washer/dryer hook ups, and even a screened in front wrap porch and detached 2-car garage. Construction of a second home is allowed and there are several suitable sites on the 15-acre tract with light restrictions - property can not be subdivided. Come explore what your very own private 15-acres can feel like in the heart of Dripping Springs, complete with beautiful oak trees, starry night skies, and tranquil privacy. Highly acclaimed DSISD schools, zoned to DSE and DSMS.
Property Type
Residential
Year Built
1995
Lot Size
15.15 acres
$/Sq Ft
$746
Garage
5 spaces
Listed by Legacy Austin Realty
Verified property facts
204 E Lakeshore Dr is listed at $1,150,000 with 3 bedrooms, 2 full bathrooms, 1,541 square feet, 15.15-acre lot. This places it above the 78620 median of $867,000.
204 E Lakeshore Dr is zoned for Dripping Springs ISD with assigned schools: Dripping Springs (8/10) (elementary), Dripping Springs Middle (middle), Dripping Springs (8/10) (high). School assignments should be verified directly with the district.
204 E Lakeshore Dr is a Residential built in 1995 featuring 3 bedrooms, 2 full bathrooms, 1,541 square feet, 15.15-acre lot.
204 E Lakeshore Dr 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.
The most recent annual property tax for 204 E Lakeshore Dr is $6,580. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Listed 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% ($230K)
$1,150,000
Luxury property intelligence
A sourced read on River Oaks Ranch Ph 2 pricing, timing, and property scale. No automated valuation claim.
List price
$1,150,000
Price per sqft
$746/sqft
Vs. River Oaks Ranch Ph 2 median
Not available
Days on market
60 days
Original to current
No verified reduction
$1.2M 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
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
With 20% down ($230,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 204 E Lakeshore Dr is around $6,515 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $1,150,000, 204 E Lakeshore Dr is in the River Oaks Ranch Ph 2 market where there are currently 234 active listings in 78620. The Keenan Group has completed 11 transactions in 78620 as part of 1,000+ career sales totaling $1B+ across Austin.
204 E Lakeshore Dr was built in 1995 (31 years ago). Buyers should budget for potential updates to major systems.
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
$1,150,000
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.
Best Match
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