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Verified property facts
238 Rolling Hills Dr is zoned for Lampasas ISD with assigned schools: Hanna Springs (elementary), Lampasas (middle), Lampasas (high). School assignments should be verified directly with the district.
238 Rolling Hills 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 238 Rolling Hills Dr is $9. 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.
With 20% down ($32,550) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 238 Rolling Hills Dr is around $845 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Listing timeline with current price, original ask, and market time.
This 9.3-acre lot in The Rolling Hills Reserve presents a fantastic opportunity for those seeking country living in the Hill Country. Located in a private, gated community between Burnet and Lampasas, you'll enjoy the tranquility of rural life just 15 minutes from charming local towns. Electricity is already available on the property, though a well and septic system will need to be installed. With flexible building restrictions, this lot is ideal for barndominiums and allows RVs during construction. Plus, the Ag-Exemption keeps property taxes low, adding to its appeal. Experience the charm of country living while still having convenient access to nearby amenities!
Property Type
Land
Lot Size
9.30 acres
HOA
$338/mo
Listed by eXp Realty, LLC
Property Details
Lot Features

Lampasas ISD
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% ($33K)
$162,750
Luxury property intelligence
A sourced read on Rolling Hills Reserve Ph 1 pricing, timing, and property scale. No automated valuation claim.
List price
$162,750
Price per sqft
Not available
Vs. Rolling Hills Reserve Ph 1 median
Not available
Days on market
578 days
Original to current
$17.3K reduction
$180K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of May 7, 2026.
Request Private Market AnalysisAt $162,750, 238 Rolling Hills Dr is in the Rolling Hills Reserve Ph 1 market where there are currently 39 active listings in 76550.
238 Rolling Hills Dr is part of a managed community with HOA dues of $338 annually. HOA-managed communities in Austin's luxury market typically provide amenities such as common areas, security, and exterior maintenance. Verify current dues and rules with the HOA directly.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
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