— bed, — bath on 1.12 acres in Dripping Springs. Dripping Springs, TX 78620. $249,000. Dripping Springs ISD.
About This Home
Build your dream home on this exceptional 1.12-acre homesite in TerraLoma, a thoughtfully designed Hill Country community offering mature trees, privacy, and long-distance Hill Country views from the building site. Inspired by the beauty and spirit of nearby TerraScena, TerraLoma blends natural beauty and convenience in one remarkable setting.
The elevated homesite provides the opportunity to capture sweeping views and stunning sunsets while enjoying the peace and serenity of Hill Country living. Located just 10 minutes from downtown Dripping Springs and approximately 20 minutes from Bee Cave, Lakeway, and the Hill Country Galleria, residents enjoy easy access to shopping, dining, and entertainment while maintaining a true rural feel.
Situated within the highly acclaimed Dripping Springs ISD and located outside city limits and the ETJ. TerraLoma embraces sustainable building practices, with homes generally designed around rainwater harvesting as the primary water source. Additional homesites are available, offering a rare opportunity to create a custom Hill Country retreat in one of Dripping Springs' most desirable locations.
- Property Type
- Land
- Lot Size
- 1.12 acres
- HOA
- $500/year
Listing information last updated September 25, 2026.
Listed by Compass RE Texas, LLC
MLS# 7357395 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Exterior & Lot
- Gentle Sloping
- Pie Shaped Lot
- Public Maintained Road
- Many Trees
- Views
- Lot Size
- 1.12 Acres
Financial
- HOA Fee
- $500 / year
- Original List Price
- $279,000
Utilities
- Electricity Available
- Underground Utilities
- Sewer
- Septic Needed
Transaction History
2 records on file
Every recorded listing, sale, and lease at 32000 Mirela Ann RD, whoever represented it.
- ActiveListed 2026Current price: $249,000Original list: $279,000MLS 7357395
- Listed · June 19, 2026$279,000
- Price changed · June 30, 2026$269,000
- Price changed · July 16, 2026$259,000
- Price changed · July 26, 2026$249,000
- ActiveListed 2026Current price: $1,950,000Original list: $1,950,000MLS 4214613
- Listed · August 17, 2026$1,950,000
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.
- Current list
- $249,000
- Original list
- $279,000
- Price movement
- $30K reduction
- Listed / DOM
- Jun 19, 2026 · 125 days
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 and home insurance. Each requires verified amount, cadence or unit, source, and as-of details.
HOA source: MLS Grid / Unlock MLS, as of 2026-10-17T10:07:02.568+00:00; normalized from annual dues.
20% ($50K)
Adjustable assumption - not a lending recommendation.
$249,000
Luxury property intelligence
Keenan Market Position
A sourced read on Dripping Springs pricing, timing, and property scale. No automated valuation claim.
List price
$249,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
125 days
Original to current
$30K reduction
$279K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 17, 2026.
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