— bed, — bath on 1.92 acres in Dripping Springs. Dripping Springs, TX 78620. $174,900. Dripping Springs ISD.
About This Home
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
Listing information last updated September 17, 2026.
Listed by Serhant Texas, LLC
MLS# 1948510 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Exterior & Lot
- Native Plants
- Private Maintained Road
- Many Trees
- Trees-Medium (20 Ft - 40 Ft)
- Views
- Barbed Wire
- Partial
- Lot Size
- 1.92 Acres
Financial
- Original List Price
- $200,000
Utilities
- Electricity Available
- Underground Utilities
- Sewer
- Septic Needed
Transaction History
1 record on file
Every recorded listing, sale, and lease at 348 Vail River RD, whoever represented it.
- ActiveListed 2026Current price: $174,900Original list: $200,000MLS 1948510
- Listed · June 19, 2026$200,000
- Price changed · August 19, 2026$185,000
- Price changed · September 17, 2026$174,900
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
- $174,900
- Original list
- $200,000
- Price movement
- $25.1K reduction
- Listed / DOM
- Jun 19, 2026 · 125 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $166,170
- Assessment Year
- 2025
- Parcel ID
- 11-5786-0000-01200-4
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $166,170 | $166,170 | — |
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, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($35K)
Adjustable assumption - not a lending recommendation.
$174,900
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Keenan Market Position
A sourced read on Dripping Springs pricing, timing, and property scale. No automated valuation claim.
List price
$174,900
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
125 days
Original to current
$25.1K reduction
$200K 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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78620 ZIP Guide
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Dripping Springs ISD Schools
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