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Keenan Group#1 Austin Board of Realtors Team 2024

$1,650,000

4Beds
4.2Baths
3,511Sq Ft
1.41 acresLot

32831 RR 12, Dripping Springs, TX 78620

Reduced 4%$1,725,000
Dripping Springs·MLS# 5525538·Built 2023·21 days on market

4 bed, 4 bath, 3,511 sqft on 1.41 acres in Dripping Springs. Dripping Springs, TX 78620. $1,650,000. Dripping Springs ISD.

About This Home

Some homes simply check every box, and this custom Hill Country farmhouse is one of them. Built in 2023 and thoughtfully designed on 1.41 acres in Dripping Springs, this rare one story home pairs elevated finishes with a floor plan made for both everyday living and effortless entertaining. A long driveway creates a beautiful sense of arrival, leading to a home filled with soaring ceilings, custom beams, wood flooring and natural light. The kitchen is a true centerpiece with custom cabinetry extending to the ceiling, Monogram appliances, Sub Zero refrigerator, dual sinks and an impressive walk in pantry. A wet bar with a Scotsman nugget ice maker adds another thoughtful touch for entertaining. Each bedroom features its own ensuite bath, offering privacy and flexibility for family and guests, while a dedicated office and spacious game room provide the additional spaces you want and need. The primary suite is especially well designed, including direct closet access to the laundry room. Outside is where the Hill Country lifestyle really comes to life. The expansive covered patio opens to a resort style pool and spa with PebbleTec finish and travertine coping, along with an outdoor kitchen and retractable TV that lowers from the patio ceiling. A convenient bath with direct backyard access makes days by the pool even easier. An oversized three car garage, private well with 2,500 gallon storage tank, and whole home reverse osmosis system complete this property that has been exceptionally well planned from the inside out. Newer luxury homes on acreage with this level of finish out, plus a one story layout, exceptional outdoor living, and this much functionality are increasingly hard to find in Dripping Springs. This is a home that feels special from the moment you arrive and lives just as beautifully as it looks.

Property Type
Residential
Year Built
2023
Lot Size
1.41 acres
Price / Sq Ft
$470
HOA
$200/year
Garage
3 spaces
Pool
Yes

Listing information last updated October 19, 2026.

Listed by Christies Intl Real Estate Lone Star

MLS# 5525538 • Active

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

Highlights

Private pool and outdoor entertaining setup
3-car garage with additional parking capacity
Generous 1.41-acre lot
Built-in Features
Ceiling Fan(s)
Beamed Ceilings

Facts & Features

Interior

Features

  • Built-in Features
  • Ceiling Fan(s)
  • Beamed Ceilings
  • Ceiling-High
  • Quartz Counters
  • Double Vanity
  • Dry Bar
  • High Speed Internet
  • In-Law Floorplan
  • Kitchen Island
  • Multiple Living Areas
  • No Interior Steps
  • Open Floorplan
  • Pantry
  • Primary Bedroom on Main
  • Recessed Lighting
  • Soaking Tub
  • Storage
  • Study
  • Home Office
  • Walk-In Closet(s)

Appliances

  • Built-In Refrigerator
  • Convection Oven
  • Dishwasher
  • Disposal
  • Gas Cooktop
  • Ice Maker
  • Microwave
  • Oven

Flooring

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

Features

  • Dog Run
  • Gas Grill
  • Gutters Full
  • Lighting
  • No Exterior Steps
  • Outdoor Grill
  • Private Yard

Construction

  • Board & Batten Siding

Lot Features

  • Back Yard
  • Front Yard
  • Landscaped
  • Level
  • Sprinkler - Automatic
  • Trees-Large (Over 40 Ft)

Fencing

  • Wood

Foundation

  • Slab

Patio / Porch

  • Covered
  • Patio
  • Porch
  • Wrap Around
Roof
Composition
Lot Size
1.41 Acres

Parking

  • Driveway
  • Garage Faces Side
Garage Spaces
3
Pool
Yes
Financial
HOA Fee
$200 / year
Original List Price
$1,725,000
Price per Sq Ft
$470
Utilities
  • High Speed Internet
  • Propane
  • Sewer Connected
Water Source
Well
Sewer
Septic Tank

Transaction History

1 record on file

Every recorded listing, sale, and lease at 32831 RR 12, whoever represented it.

  1. ActiveListed 2026
    Current price: $1,650,000Original list: $1,725,000MLS 5525538
    1. Listed · October 1, 2026$1,725,000
    2. Price changed · October 16, 2026$1,650,000

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

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

View Timeline
Current list
$1,650,000
Original list
$1,725,000
Price movement
$75K reduction
Listed / DOM
Oct 1, 2026 · 21 days

Tax Record

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

Assessed Value
$836,320
Assessment Year
2025
Year Built
2022
Parcel ID
11-7410-0000-09200-4
YearTaxesTotal AssessmentLandAdditions
2025
—$836,320$240,440$595,880

Virtual Tour

Virtual tour of 32831 RR 12
Map showing 32831 RR 12
32831 RR 12
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
$9,067
HOA dues
$17

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 2026-10-19T19:49:33.031+00:00; normalized from annual dues.

20% ($330K)

Adjustable assumption - not a lending recommendation.

$1,650,000

Loan: $1.3M
Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-10-22
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Keenan Market Position

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

List price

$1,650,000

Price per sqft

$470/sqft

Vs. Neighborhood guide reference price

Not available

Days on market

21 days

Original to current

$75K reduction

$1.7M original

Active inventory context

Ask for current inventory

Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 19, 2026.

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Frequently Asked Questions

How much is 32831 RR 12?

32831 RR 12 is listed at $1,650,000 with 4 bedrooms, 4 full, 2 half bathrooms, 3,511 square feet, 1.41-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 22, 2026).

What school district is 32831 RR 12 in?

32831 RR 12 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 32831 RR 12?

32831 RR 12 is a Residential built in 2023 featuring 4 bedrooms, 4 full, 2 half bathrooms, 3,511 square feet, 1.41-acre lot.

What are the property taxes for 32831 RR 12?

The most recent annual property tax for 32831 RR 12 is $11,250. 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 32831 RR 12?

This page does not assume a mortgage rate or publish a monthly payment for 32831 RR 12. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.

How does 32831 RR 12 compare with other homes in Dripping Springs?

As of Oct 19, 2026, 32831 RR 12 is offered at $1,650,000. The current MLS snapshot shows 223 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 32831 RR 12 built?

32831 RR 12 was built in 2023, making it 3 years old with relatively recent construction.

What is the community structure at 32831 RR 12?

The MLS listing reports HOA or association dues of $200 annual for 32831 RR 12. 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.

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Based on information submitted to MLS GRID as of 10/19/2026, 2:49:33 PM. 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: 10/19/2026, 2:49:33 PM

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