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$790,000
last listed3700 Elder Hill Rd, Driftwood, TX 78619
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4 bed, 3 bath, 3,338 sqft on 5.15 acres in Driftwood. Driftwood, TX 78619. Last listed at $790,000, sold September 3, 2026. HaysCONSISD.
About This Home
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.
At 3700 Elder Hill Road in Driftwood, you're looking at five acres of actual usable land - the kind of space that's vanishing from the Austin metro area. Gatlin Creek runs directly through the property, creating both a natural boundary and a constant water feature that most buyers never find at this price point.
The main residence was built in 2016 by Tillson and sits elevated above the floodplain with engineered fill. Inside, the open floor plan centers on a kitchen designed for real use. The gas cooktop, KitchenAid appliances, and commercial-grade hood suggest someone who actually cooks. Granite and quartz counters run the perimeter, a large island anchors the space, and a walk-in pantry handles the practical side of feeding a family. Ten-foot ceilings and reclaimed wood flooring throughout give the home a sense of space without feeling sterile. The master suite includes a wet bar with a mini fridge - a detail that matters for entertaining or just weekend ease. Two additional bedrooms share a Jack and Jill bath, and a third full bath serves guests. All told, the home spans 3,338 square feet across four bedrooms and three full baths.
Beyond the main house, the property includes a detached 625-square-foot guest house with its own half bath. This isn't an afterthought - it functions as legitimate additional space for guests, a home office, or studio work. There's also a three-section storage shed, fenced areas for gardening or small animals, and water features that tie into the creek access. The electrical infrastructure includes 340 amp service and whole-home surge protection. Energy Star certification and Trane HVAC speak to long-term operating costs.
Driftwood schools fall under Hays Consolidated ISD, with Carpenter Hill Elementary rated 10/10 on GreatSchools and Eric Dahlstrom Middle at 8/10, feeding into Johnson High School. Salt Lick BBQ sits minutes away on Loop 1 toward Wimberley. Dripping Springs and South Austin are accessible without the traffic grind of central Austin commutes. The lack of HOA means you control decisions about your own five acres. At $237 per square foot for the main residence, the property is priced against comparable Driftwood homes - but the land beneath it is the actual value driver.
- Property Type
- Residential
- Year Built
- 2016
- Lot Size
- 5.15 acres
- Price / Sq Ft
- $237
- Garage
- 2 spaces
Listing information last updated July 29, 2026.
Listed by Homestead & Ranch Real Estate
MLS# 7331362 • Closed
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Properties displayed may be listed or sold by various participants in the MLS.
Highlights
Facts & Features
Interior
- Breakfast Bar
- Built-in Features
- Ceiling Fan(s)
- Beamed Ceilings
- Ceiling-High
- Ceiling-Vaulted
- Granite Counters
- Quartz Counters
- Crown Molding
- Kitchen Island
- Open Floorplan
- Pantry
- Recessed Lighting
- Gas Cooktop
- Microwave
- Oven
- RNGHD
- Free-Standing Refrigerator
- Water Purifier Owned
- Tile
- Wood
- Heating
- Electric
- Cooling
- Electric
Exterior & Lot
- Trees-Medium (20 Ft - 40 Ft)
- Trees-Small (Under 20 Ft)
- Full
- Slab
- Rear Porch
- Roof
- Composition
- Lot Size
- 5.15 Acres
- Garage
- Garage Faces Front
- Garage Spaces
- 2
- Creek
- Dry
- Seasonal
Financial
- Original List Price
- $1,200,000
- Price per Sq Ft
- $237
Utilities
- Electricity Available
- Propane
- Water Available
- Water Source
- Well
- Sewer
- Septic Tank
Transaction History
6 records on file
Every recorded listing, sale, and lease at 3700 Elder Hill RD, whoever represented it.
- SoldSeptember 3, 2026MLS 7331362
- WithdrawnListed 2004Current price: $295,000Original list: $295,000MLS 752957
- WithdrawnListed 2002Current price: $229,900Original list: $229,900MLS 639316
- WithdrawnListed 2002Current price: $229,900Original list: $229,900MLS 624209
- WithdrawnListed 2001Current price: $300,000Original list: $300,000MLS 608560
- WithdrawnListed 2001Current price: $300,000Original list: $300,000MLS 586122
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
Active Under Contract with current price, original ask, and market time.
- Current list
- $790,000
- Original list
- $1,200,000
- Price movement
- $410K reduction
- Listed / DOM
- Feb 3, 2026
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $931,213
- Assessment Year
- 2025
- Year Built
- 2016
- Parcel ID
- 11-4117-0000-00100-2
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $931,213 | $536,560 | $469,440 |
Zoned Schools
HaysCONSISD
Johnson High School
Eric Dahlstrom
Carpenter Hill
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% ($158K)
Adjustable assumption - not a lending recommendation.
$790,000
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Keenan Market Position
A sourced read on Driftwood pricing, timing, and property scale. No automated valuation claim.
List price
$790,000
Price per sqft
$237/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
Not available
Original to current
$410K reduction
$1.2M original
Active inventory context
Ask for current inventory
Source: Public records and Keenan Group review as of Sep 4, 2026.
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