
This a great property for so many things. Located in the heart of Dripping Springs, TX! 1.37 acres within the city of Dripping Springs, last used as residential but is Zoned CS for buyer flexibility. See MLS 1005206. Sitting back off of the road for great privacy, yet still in town this 1624 SF per HCAD, 2 BR, 2 BA has a floorplan open from the dining room to the living area. The kitchen is roomy with lots of counter space. Outside is a large workshop area that includes a sink and laundry facilities. There is also a 2 car carport that could be a garage if doors were added, plus another storage building and a shed. This home has covered porches on 3 sides, a deck and a paved driveway. Buyer to confirm with City of Dripping Springs anything they need for their intended purposes. This is an estate and being sold as is.
Property Type
Residential
Year Built
1980
Lot Size
1.37 acres
$/Sq Ft
$274
Garage
6 spaces
Listed by Coldwell Banker, G-M & Assoc.
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Verified property facts
27306 RR 12 is listed at $450,000 with 2 bedrooms, 2 full bathrooms, 1,645 square feet, 1.37-acre lot.
27306 RR 12 is zoned for Dripping Springs ISD with assigned schools: Dripping Springs (6/10) (elementary), Dripping Springs Middle (middle), Dripping Springs (8/10) (high). School assignments should be verified directly with the district.
27306 RR 12 is a Residential built in 1980 featuring 2 bedrooms, 2 full bathrooms, 1,645 square feet, 1.37-acre lot.
27306 RR 12 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 27306 RR 12 is $3,579. 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
Price Change with current price, original ask, and market time.

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% ($90K)
$450,000
Luxury property intelligence
A sourced read on ABS 415 P A Smith Survey pricing, timing, and property scale. No automated valuation claim.
List price
$450,000
Price per sqft
$274/sqft
Vs. ABS 415 P A Smith Survey median
Not available
Days on market
224 days
Original to current
No verified reduction
$450K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 22, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($90,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 27306 RR 12 is around $2,633 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $450,000, 27306 RR 12 is in the ABS 415 P A Smith Survey 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.
27306 RR 12 was built in 1980 (46 years ago). Buyers should budget for potential updates to major systems.
27306 RR 12 includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
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
$450,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
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 ABS 415 P A Smith Survey
Active listings near 27306 RR 12
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