
Escape to your own slice of the Texas Hill Country on this stunning 1.9+ acre lot nestled within an exclusive, gated enclave off scenic Fitzhugh Road. With panoramic views stretching across the rolling hills and dark, star-filled skies overhead, this is the setting you have been waiting for to build the home you have always imagined.
Light deed restrictions with easy variance approvals mean you have the freedom to bring your own builder and craft a truly custom home. Whether you envision a sprawling Hill Country estate, a modern farmhouse, or a private retreat complete with a pool and guest quarters, this lot gives you the canvas to make it happen.
Step outside your gate and you are minutes from the renowned Fitzhugh Road corridor, home to world class wineries, craft breweries, and celebrated distilleries including Treaty Oak Distilling. Hamilton Pool Preserve, one of Texas's most breathtaking natural wonders, is just a short drive away. When the city calls, downtown Austin is approximately 30 minutes east, making this the perfect balance of peaceful Hill Country living and urban convenience.
Zoned to the highly acclaimed Dripping Springs ISD, this property is as practical as it is beautiful. Lots of this caliber in gated communities with acreage, views, and proximity to Austin are increasingly rare. This is a genuine opportunity to plant roots in one of the most desirable corridors in all of Central Texas.
Property Type
Land
Lot Size
1.92 acres
Listed by Team West Real Estate LLC
Property Details
Lot Features
Fencing
Waterfront
Verified property facts
348 Vail River RD 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.
348 Vail River RD 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 348 Vail River RD is $2,717. 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 ($40,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 348 Vail River RD is around $1,264 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 | — | $166,170 | $166,170 | — |
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% ($40K)
$200,000
Luxury property intelligence
A sourced read on Northridge Ph 3 pricing, timing, and property scale. No automated valuation claim.
List price
$200,000
Price per sqft
Not available
Vs. Northridge Ph 3 median
Not available
Days on market
3 days
Original to current
No verified reduction
$200K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 21, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
At $200,000, 348 Vail River RD is in the Northridge Ph 3 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.
348 Vail River RD includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
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 | — | $166,170 | $166,170 | — |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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