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Keenan Group#1 Austin Board of Realtors Team 2024

$899,900

3Beds
2Baths
1,541Sq Ft
15.15 acresLot

204 E Lakeshore Dr, Dripping Springs, TX 78620

Dripping Springs·MLS# 4931066·Built 1995·6 days on market

3 bed, 2 bath, 1,541 sqft on 15.15 acres in Dripping Springs. Dripping Springs, TX 78620. $899,900. Dripping Springs ISD.

About This Home

A Hill Country ranchette, a family farm brought back to life, or a private retreat for your future custom home—these 15 acres offer room to bring your vision to life in a hard-to-find location near Bee Cave and Dripping Springs. Tucked off the north end of Bell Springs Road, the property pairs peaceful country living with everyday conveniences close by. Raise animals, restore the gardens, wander beneath the oaks, or simply enjoy your own piece of Texas with room to roam.

Multiple potential homesites offer options for a custom home, while the updated 3-bedroom, 2-bath home allows you to enjoy the property from day one. Make it your primary residence, live comfortably while you build, or explore its future use as a guest house or income-producing rental. Beamed ceilings, a wood-burning fireplace, and a screened wraparound porch add warmth and character. Perimeter fencing, cross fencing, an older pole barn, animal shelters, sheds, and garden areas provide a starting point for reviving this former family farm.

This one check so many boxes: wildlife tax exemption already in place, no HOA, light deed restrictions, and DSISD schools. Approximately 15 minutes from the Hill Country Galleria, Trader Joe’s, and downtown Dripping Springs, and roughly 40 minutes from downtown Austin and Austin-Bergstrom International Airport - this private escape keeps you connected to the places you want to be in town with the perks of your very own country retreat at home! Enjoy it now, build for the future, or buy and hold—15 private acres in this prime Hill Country location offer an opportunity to make the land your own.

Property Type
Residential
Year Built
1995
Lot Size
15.15 acres
Price / Sq Ft
$584
Garage
2 spaces

Listing information last updated November 3, 2026.

Listed by Legacy Austin Realty

MLS# 4931066 • Active

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

Highlights

2-car garage with additional parking capacity
Generous 15.15-acre lot
Breakfast Bar
Ceiling Fan(s)
Beamed Ceilings
Ceiling-Vaulted

Facts & Features

Interior

Features

  • Breakfast Bar
  • Ceiling Fan(s)
  • Beamed Ceilings
  • Ceiling-Vaulted
  • Quartz Counters
  • Double Vanity
  • No Interior Steps
  • Pantry
  • Primary Bedroom on Main
  • Walk-In Closet(s)

Appliances

  • Dishwasher
  • Disposal
  • Exhaust Fan
  • Free-Standing Range
  • Refrigerator
  • Washer
  • Dryer

Flooring

  • Tile
  • Vinyl
  • Wood
Heating
Central,Electric
Cooling
Ceiling Fan(s),Central Air
Fireplaces
1
Exterior & Lot

Features

  • Exterior Steps
  • Garden
  • Private Entrance
  • Private Yard

Construction

  • Clapboard

Lot Features

  • Agricultural
  • Back Yard
  • Cul-De-Sac
  • Farm
  • Front Yard
  • Garden
  • Level
  • Native Plants
  • Open Lot
  • Private
  • Private Maintained Road
  • Many Trees
  • Views

Fencing

  • Gate
  • Livestock
  • Perimeter
  • Wire

Foundation

  • Slab

Patio / Porch

  • Covered
  • Front Porch
  • Patio
  • Porch
  • Screened
  • Wrap Around
Roof
Metal
Lot Size
15.15 Acres

Parking

  • Additional Parking
  • Boat
  • Detached
  • Driveway
  • Gated
  • Outside
  • Oversized
  • Private
  • RV Access
  • Parking
Garage Spaces
2
Financial
Original List Price
$899,900
Price per Sq Ft
$584
Utilities
  • Electricity Connected
Water Source
Private,Well
Sewer
Septic Tank

Transaction History

3 records on file

Every recorded listing, sale, and lease at 204 E Lakeshore DR, whoever represented it.

  1. ActiveListed 2026
    Current price: $899,900Original list: $899,900MLS 6894863
    1. Listed · October 29, 2026$899,900
  2. ActiveListed 2026
    Current price: $899,900Original list: $899,900MLS 4931066
    1. Listed · October 29, 2026$899,900
  3. ActiveListed 2026
    Current price: $899,900Original list: $899,900MLS 2394314
    1. Listed · October 29, 2026$899,900

Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.

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Price & Listing History

Listed with current price, original ask, and market time.

View Timeline
Current list
$899,900
Original list
$899,900
Price movement
No verified reduction
Listed / DOM
Oct 29, 2026 · 6 days

Tax Record

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

Assessed Value
$402,340
Assessment Year
2025
Year Built
1995
Parcel ID
11-7088-0000-00900-4
YearTaxesTotal AssessmentLandAdditions
2025
—$402,340$552,900$306,810

Virtual Tour

Virtual tour of 204 E Lakeshore Dr
Map showing 204 E Lakeshore DR
204 E Lakeshore DR
Directions

Zoned Schools & District Context

Dripping Springs ISD →

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
$4,906

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

Illustrative down payment

20% ($180K)

Adjustable assumption - not a lending recommendation.

Home price

$899,900

Loan: $720K

Loan details

Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-10-29
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Luxury property intelligence

Keenan Market Position

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

List price

$899,900

Price per sqft

$584/sqft

Vs. Neighborhood guide reference price

Not available

Days on market

6 days

Original to current

No verified reduction

$899.9K original

Active inventory context

Ask for current inventory

Source: MLS Grid / Unlock MLS and Keenan Group review as of Nov 3, 2026.

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Frequently Asked Questions

How much is 204 E Lakeshore Dr?

204 E Lakeshore Dr is listed at $899,900 with 3 bedrooms, 2 full bathrooms, 1,541 square feet, 15.15-acre lot. This places it above the ZIP 78620 single-family closed-sale median price of $599,875 (ZIP 78620 geography · single-family closed sales · median sale price · trailing 12 months as of Nov 4, 2026).

What school district is 204 E Lakeshore Dr in?

204 E Lakeshore Dr is zoned for Dripping Springs ISD with assigned schools: Dripping Springs (elementary), Dripping Springs Middle (middle), Dripping Springs (high). School assignments should be verified directly with the district.

What are the property details for 204 E Lakeshore Dr?

204 E Lakeshore Dr is a Residential built in 1995 featuring 3 bedrooms, 2 full bathrooms, 1,541 square feet, 15.15-acre lot.

What are the property taxes for 204 E Lakeshore Dr?

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.

How should a buyer estimate the monthly payment for 204 E Lakeshore Dr?

This page does not assume a mortgage rate or publish a monthly payment for 204 E Lakeshore Dr. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.

How does 204 E Lakeshore Dr compare with other homes in Dripping Springs?

As of Nov 3, 2026, 204 E Lakeshore Dr is offered at $899,900. The current MLS snapshot shows 226 active listings in 78620. Keenan Group has completed 15 verified transactions in 78620 within its 1,000+ completed transactions and $1B+ career volume across Austin.

When was 204 E Lakeshore Dr built?

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.

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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Listing courtesy of Unlock MLS as distributed by MLS GRID. Information deemed reliable but not guaranteed. Neither the listing broker nor Compass RE Texas, LLC shall be responsible for any typographical errors, misinformation, or misprints.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS, as amended from time to time.

Based on information submitted to MLS GRID as of 11/3/2026, 5:43:00 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Keenan Luxury Market Index figures and Keenan Group sales counts are published under CC BY 4.0 and may be reused with attribution to Keenan Group at Compass. Methodology and citation format: thekeenangroup.com/the-source/keenan-luxury-market-index-methodology.

Last updated: 11/3/2026, 5:43:00 PM

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