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#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024Loading
Rare opportunity to build your dream home on 3.38 acres in premier equestrian community in one of the best locations in Dripping Springs. Backed by woods, this lot offers privacy, luxury, and tranquility, and is zoned to desirable Dripping Springs ISD. Or, if you want to have the ultimate estate with acreage and privacy, there is the opportunity to buy the adjoining property, 329 Calvary Cove, for a total of 7.21 acres. See listing for 329 Calvary Cove (MLS #3595068) for more information.
Property Type
Land
Lot Size
3.38 acres
HOA
$250/mo
Listed by Compass RE Texas, LLC
Property Details
Features
Lot Features
Verified property facts
285 Calvary Cv is zoned for Dripping Springs ISD with assigned schools: Dripping Springs (8/10) (elementary), Dripping Springs Middle (middle), Dripping Springs (8/10) (high). School assignments should be verified directly with the district.
285 Calvary Cv 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 285 Calvary Cv is $5,982. 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 ($99,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 285 Calvary Cv is around $3,067 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
Best Match
Balanced against price, location, and layout so nearby lookalikes rise first. Similar properties in Medlin Creek Ranch Ph IV
Listing timeline 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% ($99K)
$495,000
Luxury property intelligence
A sourced read on Medlin Creek Ranch Ph IV pricing, timing, and property scale. No automated valuation claim.
List price
$495,000
Price per sqft
Not available
Vs. Medlin Creek Ranch Ph IV median
Not available
Days on market
54 days
Original to current
No verified reduction
$495K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of May 31, 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
At $495,000, 285 Calvary Cv is in the Medlin Creek Ranch Ph IV market where there are currently 234 active listings in 78620. The Keenan Group has completed 11 transactions in 78620 as part of 1,000+ career sales totaling $1B+ across Austin.
285 Calvary Cv is part of a managed community with HOA dues of $250 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.
