
Now offered well below its recent appraisal and priced to sell quickly, this custom Tillson built home presents a rare opportunity in Driftwood for buyers seeking land, water, and long term value.
Set on 5.15 private acres with Gatlin Creek running directly through the property, the land is the highlight. With no HOA and direct creek frontage, the property offers space to garden, keep animals, explore, or simply enjoy the sound of water moving through your own acreage. The combination of usable land and natural water access is increasingly difficult to find at this price point.
The 2,513 square foot residence features 10 foot ceilings, 8 foot doors, reclaimed wood flooring, travertine tile, solid cabinetry, and granite countertops. The kitchen includes KitchenAid appliances, a commercial style cooktop, and upgraded vent hood, designed for everyday living and entertaining.
The primary suite offers a private wet bar with mini fridge, while bedrooms two and three share a Jack and Jill bath. Energy Star certified with Trane HVAC, dual water heaters, whole home surge protection, 340 amp electrical service, advanced air and water filtration, and Ethernet wiring throughout.
A detached guest house of approximately 625 square feet with half bath provides flexibility for guests, office, or studio use. Additional improvements include a large three section storage shed, fenced garden and chicken areas, dual well tanks, water features, and a conveyed geodesic dome offered as is.
Located minutes from Driftwood wineries and dining, including Salt Lick BBQ, with convenient access to Dripping Springs, Wimberley, and South Austin. This property delivers private acreage living with the benefit of proximity to daily amenities and major employment corridors.
The home appears in a mapped flood zone. The residence was elevated with engineered fill and sits above the floodplain. Buyers to verify flood designation and insurance requirements.
Property Type
Residential
Year Built
2016
Lot Size
5.15 acres
$/Sq Ft
$237
Garage
6 spaces
Listed by Homestead & Ranch Real Estate
Verified property facts
3700 Elder Hill RD is listed at $790,000 with 4 bedrooms, 3 full, 1 half bathrooms, 3,338 square feet, 5.15-acre lot.
3700 Elder Hill RD is zoned for HaysCONSISD with assigned schools: Carpenter Hill (10/10) (elementary), Eric Dahlstrom (8/10) (middle), Johnson High School (high). School assignments should be verified directly with the district.
3700 Elder Hill RD is a Residential built in 2016 featuring 4 bedrooms, 3 full, 1 half bathrooms, 3,338 square feet, 5.15-acre lot.
3700 Elder Hill 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 3700 Elder Hill RD is $16,651. 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.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Price Change with current price, original ask, and market time.
HaysCONSISD
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% ($158K)
$790,000
Luxury property intelligence
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List price
$790,000
Price per sqft
$237/sqft
Vs. Himmelblau Unrec Sub median
Not available
Days on market
130 days
Original to current
$300K reduction
$1.1M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 13, 2026.
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With 20% down ($158,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 3700 Elder Hill RD is around $5,487 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $790,000, 3700 Elder Hill RD is in the Himmelblau Unrec Sub market where there are currently 41 active listings in 78619.
3700 Elder Hill RD was built in 2016, making it 10 years old with relatively recent construction.
3700 Elder Hill RD includes verified waterfront access: Creek,Dry/Seasonal. 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.
4 events on record
Current Price
$790,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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