#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024
— bed, — bath on 4.00 acres in Dripping Springs. Dripping Springs, TX 78620. $1,199,000.
+-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.
1 record on file
Every recorded listing, sale, and lease at 405 Martin RD Unit #A, whoever represented it.
Verified property facts
405 Martin RD Unit #A is listed at $1,199,000 with 0 bedrooms, 4.00-acre lot. This places it above the ZIP 78620 single-family closed-sale median price of $867,000 (ZIP 78620 geography · single-family closed sales · median sale price · trailing 12 months as of Oct 1, 2026).
405 Martin RD Unit #A is a Commercial Sale built in 2018 featuring 0 bedrooms, 4.00-acre lot.
405 Martin RD Unit #A is listed by Stanberry REALTORS. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Oct 2, 2026.
The most recent annual property tax for 405 Martin RD Unit #A is $7,337. 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.
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Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
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 | — | $256,560 | $256,560 | — |
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. Ratings from GreatSchools.org.
20% ($240K)
Adjustable assumption - not a lending recommendation.
$1,199,000
Luxury property intelligence
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
1 day
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 2, 2026.
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District guide, nearby schools, and homes by attendance area
Private Austin CMA, TCAD context, and pricing strategy
Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
This page does not assume a mortgage rate or publish a monthly payment for 405 Martin RD Unit #A. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Oct 2, 2026, 405 Martin RD Unit #A is offered at $1,199,000. The current MLS snapshot shows 223 active listings in 78620. Keenan Group has completed 15 verified transactions in 78620 within its 1,000+ completed transactions and $1B+ career volume across Austin.
405 Martin RD Unit #A was built in 2018, making it 8 years old with relatively recent construction.
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
Current Price
$1,199,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $256,560 | $256,560 | — |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
| Address | Offered At |
|---|---|
| 164 Carentan Cv | $1.14M |
| 158 Carentan Cv | $820K |
| 306 Saddlehorn Dr | $1.40M |
| 265 Quinn Dr | $1.09M |
| 32635 Ranch Road 12 Rnch | $940K |
| 500 Hazy Hills Loop | $797K |
| 120 Nodena Dr | $600K |
| 708 Bunker Ranch Blvd | $780K |
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