#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024
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/mo
Listed by Magnolia Realty Austin Hill Co
Property Details
Features
Lot Features
Fencing
Waterfront
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 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 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.
With 20% down ($147,980) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 274 Ira Hill RD is around $3,886 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.
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% ($148K)
$739,900
Luxury property intelligence
A sourced read on Mountain Oaks pricing, timing, and property scale. No automated valuation claim.
List price
$739,900
Price per sqft
Not available
Vs. Mountain Oaks median
Not available
Days on market
121 days
Original to current
$10K reduction
$749.9K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jul 12, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
District guide, nearby schools, and homes by attendance area
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Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
At $739,900, 274 Ira Hill RD is in the Mountain Oaks market where there are currently 246 active listings in 78620. The Keenan Group has completed 11 transactions in 78620 as part of 1,000+ career sales totaling $1B+ across Austin.
274 Ira Hill RD includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
274 Ira Hill RD is part of a managed community with HOA dues of $200 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.
1 event on record
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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