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Keenan Group#1 Austin Board of Realtors Team 2024
320 Valley Oak DR, photo 1 of 10, Dripping Springs, Dripping Springs, TX
Active

$450,000

7.37 acresLot

320 Valley Oak Dr, Dripping Springs, TX 78620

Dripping Springs·MLS# 6551535·133 days on market

— bed, — bath on 7.37 acres in Dripping Springs. Dripping Springs, TX 78620. $450,000. Dripping Springs ISD.

About This Home

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/year

Listing information last updated June 13, 2026.

Listed by Keller Williams Wimberley

MLS# 6551535 • Active

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

Highlights

Generous 7.37-acre lot
Agricultural
Gentle Sloping
Interior Lot
Trees-Large (Over 40 Ft)
Trees-Medium (20 Ft - 40 Ft)

Facts & Features

Exterior & Lot

Lot Features

  • Agricultural
  • Gentle Sloping
  • Interior Lot
  • Level
  • Trees-Large (Over 40 Ft)
  • Trees-Medium (20 Ft - 40 Ft)
  • Trees-Moderate
  • Views

Fencing

  • Livestock
Lot Size
7.37 Acres

Waterfront

  • Dry
  • Seasonal
Financial
HOA Fee
$125 / year
Original List Price
$450,000
Utilities
  • Above Ground
  • Electricity Connected
  • Phone Available
  • Propane Needed
  • Sewer Not Available
  • Water Not Available
Water Source
Well
Sewer
Septic Needed

Transaction History

1 record on file

Every recorded listing, sale, and lease at 320 Valley Oak DR, whoever represented it.

  1. ActiveListed 2026
    Current price: $450,000Original list: $450,000MLS 6551535
    1. Listed · June 11, 2026$450,000

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

Listing timeline with current price, original ask, and market time.

View Timeline
Current list
$450,000
Original list
$450,000
Price movement
No verified reduction
Listed / DOM
Jun 11, 2026 · 133 days

Tax Record

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

Assessed Value
$66,380
Assessment Year
2025
Year Built
2002
Parcel ID
11-9123-0000-02100-4
YearTaxesTotal AssessmentLandAdditions
2025
—$66,380$363,840$15,960
Map showing 320 Valley Oak DR
320 Valley Oak DR
Directions

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
$2,493
HOA dues
$10

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 2026-10-16T15:07:08.141+00:00; normalized from annual dues.

20% ($90K)

Adjustable assumption - not a lending recommendation.

$450,000

Loan: $360K
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

$450,000

Price per sqft

Not available

Vs. Neighborhood guide reference price

Not available

Days on market

133 days

Original to current

No verified reduction

$450K original

Active inventory context

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

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Frequently Asked Questions

What school district is 320 Valley Oak Dr in?

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.

What are the property taxes for 320 Valley Oak Dr?

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.

How should a buyer estimate the monthly payment for 320 Valley Oak Dr?

This page does not assume a mortgage rate or publish a monthly payment for 320 Valley Oak Dr. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.

How does 320 Valley Oak Dr compare with other homes in Dripping Springs?

As of Oct 16, 2026, 320 Valley Oak Dr is offered at $450,000. 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.

What is the water access at 320 Valley Oak Dr?

The MLS listing marks 320 Valley Oak Dr as waterfront. The reported waterfront feature is Dry, Seasonal. Confirm shoreline access, dock rights, and floodplain status from current property documents during due diligence.

What is the community structure at 320 Valley Oak Dr?

The MLS listing reports HOA or association dues of $125 annual for 320 Valley Oak Dr. 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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Listing courtesy of Unlock MLS as distributed by MLS GRID. Information deemed reliable but not guaranteed. Neither the listing broker nor Compass RE Texas, LLC shall be responsible for any typographical errors, misinformation, or misprints.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS, as amended from time to time.

Based on information submitted to MLS GRID as of 10/16/2026, 10:07:08 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Last updated: 10/16/2026, 10:07:08 AM

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