#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024
Welcome to 261 Cathedral Mountain Dr, a rare executive-collection resale opportunity in the highly sought-after Big Sky Ranch community of Dripping Springs. Built in 2024 by Meritage Homes, this exceptional single-story residence offers 2,749 square feet, 4 bedrooms, 3 full bathrooms, a dedicated home office, and a highly desirable 3-car garage. Positioned within a quiet street alcove of the neighborhood, this premium homesite benefits from one of the lowest property tax rates in Dripping Springs ISD and is zoned to the brand-new Wildwood Springs Elementary School. The thoughtfully designed floor plan features a private primary suite tucked away from the secondary bedrooms, creating a peaceful retreat with dual vanities, soaking tub, separate walk-in shower, and oversized walk-in closet. At the heart of the home, the chef-inspired kitchen showcases quartz countertops, an oversized island with seating, built-in gas cooktop, built-in wall oven and microwave, stainless steel appliances, butler-style serving area, walk-in pantry, water softener, water purifier, and tankless water heater. The open-concept layout seamlessly connects the kitchen, dining, and living spaces while offering a rare secondary flex living area. Additional highlights include smart home technology, dedicated laundry room, covered front and rear patios, fully fenced backyard, and no interior or exterior steps. Residents enjoy access to Big Sky Ranch's resort-style pool, playground, pavilion, trails, and community events. Barely lived in and move-in ready with appliances included, this better-than-new home offers exceptional value in one of Dripping Springs' most desirable communities.
Property Type
Residential
Year Built
2024
Lot Size
0.17 acres
$/Sq Ft
$193
HOA
$45/mo
Garage
6 spaces
Listed by Avalar Austin
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Verified property facts
261 Cathedral Mountain DR is listed at $530,000 with 4 bedrooms, 3 full bathrooms, 2,742 square feet, 0.17-acre lot.
261 Cathedral Mountain DR is zoned for Dripping Springs ISD with assigned schools: WildwoodSprings (elementary), Dripping Springs Middle (middle), Dripping Springs (high). School assignments should be verified directly with the district.
261 Cathedral Mountain DR is a Residential built in 2024 featuring 4 bedrooms, 3 full bathrooms, 2,742 square feet, 0.17-acre lot.
261 Cathedral Mountain 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 261 Cathedral Mountain DR is $8,770. 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
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 | — | $503,000 | $106,200 | $396,800 |
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% ($106K)
$530,000
Luxury property intelligence
A sourced read on Big Sky Ranch pricing, timing, and property scale. No automated valuation claim.
List price
$530,000
Price per sqft
$193/sqft
Vs. Big Sky Ranch median
Not available
Days on market
4 days
Original to current
No verified reduction
$530K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 21, 2026.
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Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($106,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 261 Cathedral Mountain DR is around $3,481 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $530,000, 261 Cathedral Mountain DR is in the Big Sky Ranch market where there are currently 248 active listings in 78620. The Keenan Group has completed 11 transactions in 78620 as part of 1,000+ career sales totaling $1B+ across Austin.
261 Cathedral Mountain DR includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
261 Cathedral Mountain DR is part of a managed community with HOA dues of $45 monthly. 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.
2 events on record
Current Price
$530,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $503,000 | $106,200 | $396,800 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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