#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024
Discover the perfect blend of privacy, beauty, and tax savings on this 7+ acre Hill Country property with an agricultural exemption in place for lower property taxes. The development maintains the ag exemption by running cattle, allowing owners to enjoy the benefits without the work. This mostly level tract offers an excellent building site surrounded by mature hardwood trees, while the back of the property gently slopes down to a seasonal dry creek, adding character and natural beauty. A barn is already in place and would make an ideal horse barn, workshop, or storage building. The current owner also has house plans available, providing a head start on creating your dream property. Whether you're looking for a homesite, horse property, or a peaceful Hill Country retreat, this acreage offers endless potential. Schedule your showing today and come experience all it has to offer.
Property Type
Land
Lot Size
7.37 acres
HOA
$125/mo
Listed by Keller Williams Wimberley
Property Details
Lot Features
Fencing
Waterfront
Verified property facts
320 Valley Oak DR 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.
320 Valley Oak DR 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 320 Valley Oak DR is $1,086. 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 ($90,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 320 Valley Oak DR is around $2,425 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 | — | $66,380 | $363,840 | $15,960 |
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% ($90K)
$450,000
Luxury property intelligence
A sourced read on Valley Oak pricing, timing, and property scale. No automated valuation claim.
List price
$450,000
Price per sqft
Not available
Vs. Valley Oak median
Not available
Days on market
11 days
Original to current
No verified reduction
$450K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 22, 2026.
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Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
At $450,000, 320 Valley Oak DR is in the Valley Oak market where there are currently 248 active listings in 78620. The Keenan Group has completed 11 transactions in 78620 as part of 1,000+ career sales totaling $1B+ across Austin.
320 Valley Oak DR includes verified waterfront access: Dry/Seasonal. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
320 Valley Oak DR is part of a managed community with HOA dues of $125 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 | — | $66,380 | $363,840 | $15,960 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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