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Keenan Group#1 Austin Board of Realtors Team 2024

$1,350,000

4Beds
4.5Baths
3,856Sq Ft
1.13 acresLot
Pending

231 Gaucho Way, Dripping Springs, TX 78620

Dripping Springs·MLS# 3933522·Built 2022

4 bed, 4 bath, 3,856 sqft on 1.13 acres in Dripping Springs. Dripping Springs, TX 78620. $1,350,000. Dripping Springs ISD.

About This Home

Elegant home on 1.13 acres in the exclusive Bunker Ranch neighborhood in Dripping Springs. This Single story Alpine floorplan is a 4 bedroom, 4 bath home with a private backyard with a sparkling pool and spa and a natural wet weather creek waiting for you to explore. Fabulous layout with separate owners suite, mother in law option with private entry and two other bedrooms that share a media/second living space. Each bedroom has it's own en suite bathroom and separate linen closet in addition to large walk in closets.. Open kitchen with chef's appliances, drink refrigerator, cabinets to the ceiling and huge pantry. This home is truly a place to gather and entertain. Make an appointment today. It's the best Dripping Springs has to offer.

Property Type
Residential
Year Built
2022
Lot Size
1.13 acres
Price / Sq Ft
$350
HOA
$80/mo
Garage
3 spaces
Pool
Yes

Listing information last updated October 4, 2026.

Listed by Compass RE Texas, LLC

MLS# 3933522 • Pending

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

Highlights

Private pool and outdoor entertaining setup
3-car garage with additional parking capacity
Generous 1.13-acre lot
Ceiling Fan(s)
Beamed Ceilings
Ceiling-High

Facts & Features

Interior

Features

  • Ceiling Fan(s)
  • Beamed Ceilings
  • Ceiling-High
  • Quartz Counters
  • Double Vanity
  • Eat-in Kitchen
  • Entrance Foyer
  • In-Law Floorplan
  • Kitchen Island
  • Multiple Living Areas
  • No Interior Steps
  • Open Floorplan
  • Pantry
  • Primary Bedroom on Main
  • Recessed Lighting

Appliances

  • Built-In Gas Oven
  • Convection Oven
  • Cooktop
  • Dishwasher
  • Gas Cooktop
  • Wine Refrigerator

Flooring

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

Features

  • Gutters Full
  • Private Yard

Construction

  • Board & Batten Siding
  • Cement Siding
  • Stone

Lot Features

  • Front Yard
  • Sprinkler - Automatic
  • Trees-Medium (20 Ft - 40 Ft)
  • Xeriscape

Fencing

  • Wrought Iron

Foundation

  • Slab

Patio / Porch

  • Covered
  • Deck
  • Patio
  • Porch
Roof
Composition,Shingle
Lot Size
1.13 Acres

Parking

  • Concrete
  • Garage
  • Garage Door Opener
Garage Spaces
3
Pool
Yes

Waterfront

  • Dry
  • Seasonal
Financial
HOA Fee
$80 / mo
Original List Price
$1,350,000
Price per Sq Ft
$350
Utilities
  • Cable Available
  • Electricity Connected
  • Phone Available
  • Sewer Connected
  • Water Connected
Water Source
Public
Sewer
Septic Tank

Transaction History

1 record on file

Every recorded listing, sale, and lease at 231 Gaucho WAY, whoever represented it.

  1. PendingListed 2026
    Current price: $1,350,000Original list: $1,350,000MLS 3933522
    1. Listed · August 31, 2026$1,350,000

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

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

View Timeline
Current list
$1,350,000
Original list
$1,350,000
Price movement
No verified reduction
Listed / DOM
Aug 31, 2026 · 14 days

Tax Record

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

Assessed Value
$1,229,490
Assessment Year
2025
Year Built
2022
Parcel ID
11-0992-0001-01400-4
YearTaxesTotal AssessmentLandAdditions
2025
—$1,229,490$395,020$834,470

Virtual Tour

Virtual tour of 231 Gaucho Way
Map showing 231 Gaucho WAY
231 Gaucho WAY
Directions
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
$7,478
HOA dues
$80

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

HOA source: MLS Grid / Unlock MLS, as of 2026-10-15T22:07:34.108+00:00; normalized from monthly dues.

20% ($270K)

Adjustable assumption - not a lending recommendation.

$1,350,000

Loan: $1.1M
Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-10-15
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Keenan Market Position

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

List price

$1,350,000

Price per sqft

$350/sqft

Vs. Neighborhood guide reference price

Not available

Days on market

14 days

Original to current

No verified reduction

$1.4M original

Active inventory context

Ask for current inventory

Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.

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Frequently Asked Questions

How much is 231 Gaucho Way?

231 Gaucho Way is listed at $1,350,000 with 4 bedrooms, 4 full, 1 half bathrooms, 3,856 square feet, 1.13-acre lot. This places it above the ZIP 78620 single-family closed-sale median price of $600,000 (ZIP 78620 geography · single-family closed sales · median sale price · trailing 12 months as of Oct 15, 2026).

What school district is 231 Gaucho Way in?

231 Gaucho Way 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.

What are the property details for 231 Gaucho Way?

231 Gaucho Way is a Residential built in 2022 featuring 4 bedrooms, 4 full, 1 half bathrooms, 3,856 square feet, 1.13-acre lot.

What are the property taxes for 231 Gaucho Way?

The most recent annual property tax for 231 Gaucho Way is $22,894. 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 231 Gaucho Way?

This page does not assume a mortgage rate or publish a monthly payment for 231 Gaucho Way. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.

How does 231 Gaucho Way compare with other homes in Dripping Springs?

As of Oct 15, 2026, 231 Gaucho Way is offered at $1,350,000. The current MLS snapshot shows 233 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 231 Gaucho Way built?

231 Gaucho Way was built in 2022, making it 4 years old with relatively recent construction.

What is the water access at 231 Gaucho Way?

The MLS listing marks 231 Gaucho Way as waterfront. The reported waterfront feature is Dry, Seasonal. Confirm shoreline access, dock rights, and floodplain status from current property documents during due diligence.

What is the community structure at 231 Gaucho Way?

The MLS listing reports HOA or association dues of $80 monthly for 231 Gaucho Way. It does not establish included amenities, services, rules, reserves, or current assessments; verify those items in current association documents.

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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Last updated: 10/15/2026, 5:07:34 PM

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