
Welcome to a private Hill Country retreat that perfectly balances seclusion with incredible proximity to the heart of Dripping Springs. Located just over two miles from the vibrant downtown scene—famed for its boutique shopping, local dining, wineries, and breweries—this expansive six-bedroom property offers a rare blend of comfort and resort-style living. Whether you are looking for a full-time residence, a weekend escape, or a high-potential short-term rental investment, the open-concept floor plan is designed to accommodate large groups and seamless entertaining.
The heart of the home is a light-filled living area that flows effortlessly into a modern kitchen equipped with ample cabinetry, generous prep space, and a large center island with bar seating. The adjacent dining area serves as a natural gathering spot for shared meals, creating a warm atmosphere for relaxing after a day of exploring the local trails and tasting rooms. The flexible layout is thoughtfully distributed across two levels, featuring a primary suite with an en-suite bath and two additional guest rooms on the main floor, while the second level offers three oversized bedrooms to provide everyone their own space to unwind.
The experience continues outdoors in a private backyard oasis designed for year-round enjoyment. You can spend sunny afternoons lounging by the resort-style swimming pool, hosting dinners on the covered patio, or gathering around the firepit as the sun sets over the hills. Beyond the immediate lawn, the property includes an open acre of land situated behind the house, offering incredible room for expansion, a secondary structure, or further customization to suit your vision. Situated near the area’s premier wedding venues and distilleries, this property captures the very best of the Texas Hill Country lifestyle in one of its most sought-after destinations.
Property Type
Residential
Year Built
1995
Lot Size
2.00 acres
$/Sq Ft
$429
Garage
2 spaces
Pool
Yes
Listed by Compass RE Texas, LLC
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Verified property facts
209 Peabody PL is listed at $1,199,000 with 6 bedrooms, 3 full bathrooms, 2,795 square feet, 2.00-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).
209 Peabody PL 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.
209 Peabody PL is a Residential built in 1995 featuring 6 bedrooms, 3 full bathrooms, 2,795 square feet, 2.00-acre lot.
209 Peabody PL is listed by Compass RE Texas, LLC. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Sep 5, 2026.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
1 record on file
Every recorded listing, sale, and lease at 209 Peabody PL, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Listed 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 | — | $630,050 | $180,540 | $449,510 |

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% ($240K)
Adjustable assumption - not a lending recommendation.
$1,199,000
Luxury property intelligence
A sourced read on Dripping Spgs Commerical & Indust Park pricing, timing, and property scale. No automated valuation claim.
List price
$1,199,000
Price per sqft
$429/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
15 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 Sep 5, 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
The most recent annual property tax for 209 Peabody PL is $10,303. 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.
This page does not assume a mortgage rate or publish a monthly payment for 209 Peabody PL. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Sep 5, 2026, 209 Peabody PL is offered at $1,199,000. 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.
209 Peabody PL 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.
2 events on record
Current Price
$1,199,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $630,050 | $180,540 | $449,510 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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