
Rare opportunity to own 8.17 acres of prime Texas Hill Country land just minutes from town in highly sought after Dripping Springs and zoned to acclaimed Dripping Springs Independent School District. This exceptional property offers the rare combination of usable acreage, mature oak trees, privacy, and convenience, with a flat cleared homesite ready to build your dream home in one of the most desirable communities just outside Austin.
The land currently holds an AG exemption (cattle grazing and bees) providing low property taxes and flexibility for horses, livestock, gardens, recreation, or a future custom estate with guest house, pool, barn, or workshop. Tucked at the end of a quiet cul-de-sac, while still being just minutes from local shopping, dining, and schools.
Existing improvements include a drive through insulated 30x40 metal building with double garage doors, electricity, and a 30-amp RV hookup perfect for storing equipment, creating a workshop, or gathering with friends to watch the game while enjoying the property. Bring your horses, RV, and outdoor toys and enjoy the freedom to ride ATVs, host bonfires, entertain family and friends, or simply relax under the dark Hill Country skies. Mini donkeys currently on the property may convey.
Septic and water well needed. Buyer to verify deed restrictions and review all documents.
A truly rare acreage opportunity in the rapidly growing community of Dripping Springs perfect for building now, enjoying as a weekend escape, or holding as a long-term investment in Texas Hill Country land near Austin.
Property Type
Land
Lot Size
8.17 acres
HOA
$200/year
Listed by Magnolia Realty Austin Hill Co
Property Details
Features
Lot Features
Fencing
Verified property facts
274 Ira Hill RD is zoned for Dripping Springs ISD with assigned schools: Walnut Springs (7/10) (elementary), Dripping Springs Middle (middle), Dripping Springs (8/10) (high). School assignments should be verified directly with the district.
274 Ira Hill RD 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 12, 2026.
The most recent annual property tax for 274 Ira Hill RD is $559. 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.
This page does not assume a mortgage rate or publish a monthly payment for 274 Ira Hill RD. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
1 record on file
Every recorded listing, sale, and lease at 274 Ira Hill RD, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Listing timeline 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 | — | $34,180 | $493,520 | $32,840 |
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% ($145K)
Adjustable assumption - not a lending recommendation.
$725,000
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List price
$725,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
183 days
Original to current
$24.9K reduction
$749.9K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Sep 12, 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
As of Sep 12, 2026, 274 Ira Hill RD is offered at $725,000. 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.
The MLS listing reports HOA or association dues of $200 annual for 274 Ira Hill RD. 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.
1 event on record
Current Price
$725,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $34,180 | $493,520 | $32,840 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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