
Opportunity meets Texas Hill Country charm on 2.744 fully fenced acres just minutes from downtown Dripping Springs. With no HOA and the flexibility for short-term rental use, this unique property offers an exciting opportunity for investors, weekend-home buyers, or anyone looking for a property that can serve as both a personal Hill Country escape and income-producing rental.
Behind the gated entrance, heritage oak trees, a seasonal creek, small barn, and chicken coop create the kind of authentic Hill Country experience guests come to Dripping Springs to find. There's room to gather around a firepit, enjoy coffee under the trees, watch the stars at night, or simply escape the pace of the city. The acreage also offers plenty of potential to further enhance the guest experience with outdoor gathering spaces, games, gardens, or other amenities.
Inside, the thoughtfully updated home features three bedrooms, a beautifully renovated bath, and an updated kitchen that blends modern convenience with Hill Country character. City water, low tax rates, and no HOA add to the property's appeal.
Location is one of the biggest advantages. Just ten minutes from downtown Dripping Springs and convenient to the Hill Country Galleria, the property puts guests close to the area's popular wedding venues, wineries, breweries, restaurants, shopping, and Hill Country attractions while still giving them the privacy and acreage of a true country getaway.
Whether you're looking for a dedicated short-term rental, a weekend retreat that can generate income when you're away, or a long-term investment as your primary residence in the growing Dripping Springs area, this property offers a combination that's increasingly hard to find: acreage, privacy, character, convenience, and flexibility. All in the heart of the Texas Hill Country.
Property Type
Residential
Year Built
1983
Lot Size
2.74 acres
$/Sq Ft
$364
Listed by Magnolia Realty Austin Hill Co
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Verified property facts
2591 Spring Valley DR is listed at $525,000 with 3 bedrooms, 1 full bathrooms, 1,444 square feet, 2.74-acre lot.
2591 Spring Valley 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.
2591 Spring Valley DR is a Residential built in 1983 featuring 3 bedrooms, 1 full bathrooms, 1,444 square feet, 2.74-acre lot.
2591 Spring Valley DR is listed by Magnolia Realty Austin Hill Co. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Sep 11, 2026.
The most recent annual property tax for 2591 Spring Valley DR is $6,795. 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
4 records on file
Every recorded listing, sale, and lease at 2591 Spring Valley DR, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Price Change 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 | — | $415,540 | $236,860 | $178,680 |

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% ($105K)
Adjustable assumption - not a lending recommendation.
$525,000
Luxury property intelligence
A sourced read on Springlake pricing, timing, and property scale. No automated valuation claim.
List price
$525,000
Price per sqft
$364/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
37 days
Original to current
$14K reduction
$539K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Sep 11, 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
This page does not assume a mortgage rate or publish a monthly payment for 2591 Spring Valley DR. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Sep 11, 2026, 2591 Spring Valley DR is offered at $525,000. The current MLS snapshot shows 221 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.
2591 Spring Valley DR was built in 1983 (43 years ago). Buyers should budget for potential updates to major systems.
The MLS listing marks 2591 Spring Valley DR as waterfront. The reported waterfront feature is Dry, Seasonal. Confirm shoreline access, dock rights, and floodplain status from current property documents during due diligence.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
6 events on record
Current Price
$525,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $415,540 | $236,860 | $178,680 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
Best Match
Balanced against price, location, and layout so nearby lookalikes rise first. Similar properties in Springlake
Comparable homes that recently closed in this area
Active listings near 2591 Spring Valley DR
Recent sales for market context