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Keenan Group#1 Austin Board of Realtors Team 2024
298 Smoke Tree CIR, photo 1 of 38, Dripping Springs, Dripping Springs, TX
Active

$1,169,700

5Beds
4.5Baths
4,501Sq Ft
0.35 acresLot

298 Smoke Tree Cir, Dripping Springs, TX 78620

Reduced 10%$1,297,700
Dripping Springs·MLS# 2078833·Built 2022·548 days on market

5 bed, 4 bath, 4,501 sqft on 0.35 acres in Dripping Springs. Dripping Springs, TX 78620. $1,169,700. Dripping Springs ISD.

About This Home

BRAND-NEW MOVE-IN-READY home NEVER LIVED IN located in the sought-after Headwaters community. HILLTOP with incredible HILL COUNTRY VIEWS. One of 12 houses in the EXCLUSIVE HILLTOP enclave of Headwaters offering incredible Hill COUNTRY VIEWS, on a large 0.35 AC lot large enough for a POOL! This stunning luxury home features include a chef's kitchen with an oversized island, quartz countertops, Siltstone sink & stainless appliances. Wood floors though out the main floor & staircase, 12’ beamed ceilings in family room, w/ 16’ FULL GLASS SLIDERS opening to the oversized 12’ ceiling back patio giving this a true indoor/outdoor experience. The main level provides an owner's retreat also w/ 12’ ceilings, owner bath w/ quartz countertops, walk-in shower w/ beautiful Carrara marble though out, freestanding tub & huge walk-in closet. Your guests will enjoy a very private second bedroom & bath DOWNSTAIRS, & second dining room, game room/office-your choice of use. Upstairs there are three additional bedrooms & two baths, game room & wired media room. The home sits on over 1/3 acre & offers a 3-car front loaded garage. Owners paid $305k in lot premium alone and large enough for a pool site!!! This home is one of the largest floor plans and on the best lot in Headwaters w/sweeping VIEWS from every window. Enjoy waking up to the sunrise over the hills beaming into the kitchen, dining, family room and owners suite. Home includes over $150k well thought out design upgrade options. Brand new furniture is negotiable. Miles of nature hiking/biking trails, an amenity center, playground, infinity edge resort-style pool, splash pad, gym/work out center and much more. Exemplary award- winning & top-ranking Dripping Springs ISD. Just 25 minutes west of Austin with quick access to 290, shopping and restaurants less than 2 miles.

Property Type
Residential
Year Built
2022
Lot Size
0.35 acres
Price / Sq Ft
$260
HOA
$372/quarter
Garage
3 spaces

Listing information last updated July 31, 2026.

Listed by Coldwell Banker Realty

MLS# 2078833 • Active

IDX inquiries: Keenan Group at Compass · (512) 415-7653

Highlights

3-car garage with additional parking capacity
Generous 0.35-acre lot
Ceiling Fan(s)
Beamed Ceilings
Ceiling-High
Tray Ceiling(s)

Facts & Features

Interior

Features

  • Ceiling Fan(s)
  • Beamed Ceilings
  • Ceiling-High
  • Tray Ceiling(s)
  • Ceiling-Vaulted
  • Quartz Counters
  • Crown Molding
  • Double Vanity
  • High Speed Internet
  • In-Law Floorplan
  • Kitchen Island
  • Open Floorplan
  • Pantry
  • Primary Bedroom on Main
  • Recessed Lighting
  • Soaking Tub
  • Walk-In Closet(s)
  • Wired for Sound

Appliances

  • Built-In Gas Oven
  • Built-In Oven(s)
  • Cooktop
  • Gas Cooktop
  • Microwave
  • Oven
  • Gas Oven
  • Self Cleaning Oven
  • Stainless Steel Appliance(s)
  • Tankless Water Heater
  • Vented Exhaust Fan
  • Water Heater

Flooring

  • Carpet
  • Tile
  • Wood
Heating
Central
Cooling
Central Air
Fireplaces
1
Exterior & Lot

Features

  • Balcony
  • Gutters Full
  • Private Yard

Construction

  • Hardi
  • Plank Type
  • Stone

Lot Features

  • Greenbelt

Foundation

  • Slab

Patio / Porch

  • Covered
  • Front Porch
  • Patio
  • Rear Porch
Roof
Composition
Lot Size
0.35 Acres

Parking

  • Attached
  • Garage
  • Garage Door Opener
Garage Spaces
3
Financial
HOA Fee
$372 / quarter
Original List Price
$1,297,700
Price per Sq Ft
$260
Utilities
  • Cable Available
  • Electricity Available
  • High Speed Internet
  • Natural Gas Available
  • Phone Available
  • Sewer Available
  • Water Available
Water Source
MUD
Sewer
MUD

Transaction History

1 record on file

Every recorded listing, sale, and lease at 298 Smoke Tree CIR, whoever represented it.

  1. ActiveListed 2025
    Current price: $1,169,700Original list: $1,297,700MLS 2078833
    1. Price changed · December 18, 2025$1,279,700
    2. Price changed · December 27, 2025$1,259,700
    3. Price changed · January 31, 2026$1,247,700
    4. Price changed · March 30, 2026$1,197,700
    5. Price changed · May 14, 2026$1,172,700
    6. Price changed · July 31, 2026$1,169,700

Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.

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Price & Listing History

Price Change with current price, original ask, and market time.

View Timeline
Current list
$1,169,700
Original list
$1,297,700
Price movement
$128K reduction
Listed / DOM
Apr 22, 2025 · 548 days

Tax Record

Public record data from county appraisal records. Market value can differ from assessed value.

Assessed Value
$971,400
Assessment Year
2025
Year Built
2021
Parcel ID
11-3723-000F-01200-4
YearTaxesTotal AssessmentLandAdditions
2025
—$971,400$158,420$812,980
Map showing 298 Smoke Tree CIR
298 Smoke Tree CIR
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Zoned Schools & District Context

Dripping Springs ISD →

1 High School1 Middle School1 Elementary School

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.

Principal & interest
$6,479
HOA dues
$124

Excluded from this estimate: property taxes and home insurance. Each requires verified amount, cadence or unit, source, and as-of details.

HOA source: MLS Grid / Unlock MLS, as of 2026-10-16T00:07:05.342+00:00; normalized from quarterly dues.

20% ($234K)

Adjustable assumption - not a lending recommendation.

$1,169,700

Loan: $936K
Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-10-15
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Keenan Market Position

A sourced read on Dripping Springs pricing, timing, and property scale. No automated valuation claim.

List price

$1,169,700

Price per sqft

$260/sqft

Vs. Neighborhood guide reference price

Not available

Days on market

548 days

Original to current

$128K reduction

$1.3M original

Active inventory context

Ask for current inventory

Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 16, 2026.

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Frequently Asked Questions

How much is 298 Smoke Tree Cir?

298 Smoke Tree Cir is listed at $1,169,700 with 5 bedrooms, 4 full, 1 half bathrooms, 4,501 square feet, 0.35-acre lot. This places it above the ZIP 78620 single-family closed-sale median price of $600,000 (ZIP 78620 geography · single-family closed sales · median sale price · trailing 12 months as of Oct 21, 2026).

What school district is 298 Smoke Tree Cir in?

298 Smoke Tree Cir is zoned for Dripping Springs ISD with assigned schools: Dripping Springs (elementary), Dripping Springs Middle (middle), Dripping Springs (high). School assignments should be verified directly with the district.

What are the property details for 298 Smoke Tree Cir?

298 Smoke Tree Cir is a Residential built in 2022 featuring 5 bedrooms, 4 full, 1 half bathrooms, 4,501 square feet, 0.35-acre lot.

What are the property taxes for 298 Smoke Tree Cir?

The most recent annual property tax for 298 Smoke Tree Cir is $2,025. 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.

How should a buyer estimate the monthly payment for 298 Smoke Tree Cir?

This page does not assume a mortgage rate or publish a monthly payment for 298 Smoke Tree Cir. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.

How does 298 Smoke Tree Cir compare with other homes in Dripping Springs?

As of Oct 16, 2026, 298 Smoke Tree Cir is offered at $1,169,700. The current MLS snapshot shows 225 active listings in 78620. Keenan Group has completed 15 verified transactions in 78620 within its 1,000+ completed transactions and $1B+ career volume across Austin.

When was 298 Smoke Tree Cir built?

298 Smoke Tree Cir was built in 2022, making it 4 years old with relatively recent construction.

What is the community structure at 298 Smoke Tree Cir?

The MLS listing reports HOA or association dues of $372 quarterly for 298 Smoke Tree Cir. 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.

Why Choose the #1 Austin Board Team for Dripping Springs

#1 ABoR Team 20241,000+ Career SalesCompass Luxury Collection Specialist

#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.

25+ years advising buyers and sellers in this community

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Last updated: 10/15/2026, 7:07:05 PM

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