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$600,000
last listed31305 RR 12, Dripping Springs, TX 78620
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3 bed, 2 bath, 2,179 sqft on 5.29 acres in Dripping Springs. Dripping Springs, TX 78620. Last listed at $600,000, sold March 4, 2026. Dripping Springs ISD.
About This Home
With acreage of this size in a prime growth corridor, the property presents a rare combination of current livability and long-term upside. Whether enjoyed as-is or held with an eye toward the future, this is a compelling opportunity for buyers seeking land, location, and lasting value—all within easy reach of Dripping Springs and Bee Cave and the Hill Country Galleria.
Charming Hill Country farmhouse just minutes from downtown Dripping Springs and Bee Cave, set on over 5 fully fenced acres with a wet-weather pond. This 2,179 sq ft home offers 3 bedrooms, 2.5 baths, and a dedicated office. The spacious primary suite is on the main level, with two additional bedrooms and a shared bath upstairs. Abundant windows fill the home with natural light throughout.
Outdoor features include a large back deck with sweeping sunset views, a detached two-car garage, and a tack/goat barn with space for up to two horses. The expansive acreage offers privacy and flexibility, lending itself to a variety of future uses while still providing comfortable immediate enjoyment.
- Property Type
- Residential
- Year Built
- 1984
- Lot Size
- 5.29 acres
- Price / Sq Ft
- $275
Listing information last updated February 17, 2026.
Listed by Compass RE Texas, LLC
MLS# 5899844 • Closed
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Properties displayed may be listed or sold by various participants in the MLS.
Highlights
Facts & Features
Exterior & Lot
- Lot Size
- 5.29 Acres
Financial
- Original List Price
- $600,000
- Price per Sq Ft
- $275
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Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $600,000
- Original list
- $600,000
- Price movement
- No verified reduction
- Listed / DOM
- Jan 26, 2026
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $550,000
- Assessment Year
- 2025
- Year Built
- 1991
- Parcel ID
- 11-0240-0000-05400-4
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $550,000 | $435,010 | $114,990 |
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Zoned Schools & District Context
Dripping Springs
Dripping Springs Middle
Rooster Springs Elementary
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.
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($120K)
Adjustable assumption - not a lending recommendation.
$600,000
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Keenan Market Position
A sourced read on Dripping Springs pricing, timing, and property scale. No automated valuation claim.
List price
$600,000
Price per sqft
$275/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
Not available
Original to current
No verified reduction
$600K original
Active inventory context
Ask for current inventory
Source: Public records and Keenan Group review as of Apr 25, 2026.
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