— bed, — bath on 4.00 acres in Dripping Springs. Dripping Springs, TX 78620. $1,199,000.
About This Home
+-4-acre income-producing property located in the Texas Hill Country, just minutes from Dripping Springs. The property features five approximately 400 SF cabins currently operating as short-term Airbnb rentals, along with a shared laundry facility and engineered septic system. Approximately 2.5 acres remain available for additional development, providing an opportunity to add more cabins or other complementary improvements. Ideal for an investor seeking an existing hospitality operation with room for expansion in the growing Dripping Springs market.
- Property Type
- Commercial Sale
- Year Built
- 2018
- Lot Size
- 4.00 acres
Listing information last updated October 1, 2026.
Listed by Stanberry REALTORS
MLS# 4103453 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Concrete
- Heating
- Wall Furnace
- Cooling
- Wall/Window Unit(s)
Exterior & Lot
- Slab
- Lot Size
- 4.00 Acres
Financial
- Original List Price
- $1,199,000
Utilities
- Electricity Connected
- Sewer Connected
- Water Connected
- Water Source
- Well
- Sewer
- Engineered Septic
Transaction History
1 record on file
Every recorded listing, sale, and lease at 405 Martin RD Unit #A, whoever represented it.
- ActiveListed 2026Current price: $1,199,000Original list: $1,199,000MLS 4103453
- Listed · October 1, 2026$1,199,000
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
Listing timeline with current price, original ask, and market time.
- Current list
- $1,199,000
- Original list
- $1,199,000
- Price movement
- No verified reduction
- Listed / DOM
- Oct 1, 2026 · 35 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $448,660
- Assessment Year
- 2025
- Year Built
- 2018
- Parcel ID
- 11-0694-0000-002A0-4
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $448,660 | $173,960 | $274,700 |
District Schools Nearby
Dripping Springs High School
Sycamore Springs Middle School
Rooster Springs Elementary
Cypress Springs Elementary
Sycamore Springs Elementary
Walnut Springs Elementary
District context schools are shown because address-level assigned school fields are not available for this property. 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.
Illustrative down payment
20% ($240K)
Adjustable assumption - not a lending recommendation.
Home price
$1,199,000
Loan details
Luxury property intelligence
Keenan Market Position
A sourced read on Dripping Springs pricing, timing, and property scale. No automated valuation claim.
List price
$1,199,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
35 days
Original to current
No verified reduction
$1.2M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.
Request Private Market AnalysisConnect 405 Martin Rd Unit #A to the Austin Market
78620 ZIP Guide
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Dripping Springs ISD Schools
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