
5 bed, 3 bath, 2,978 sqft on 6.68 acres in Dripping Springs. Dripping Springs, TX 78620. $1,295,000. Johnson City ISD.
Luxury Live Auction! Bidding to start from $1,295,000.00. Welcome to your ultimate Pedernales River retreat in 78620! This rare 6.68-acre Hill Country property is uniquely situated in Blanco County, offering an attractive 1.35% tax rate and potential for a beekeeping Ag Exemption.
The surrounding communities offer a strong network of homeschool families and resources, with opportunities for co-ops, enrichment classes, and outdoor or nature-based learning.
Originally platted as three separate lots, the property offers exceptional flexibility, including room for two additional homes—ideal for a family compound, guest residences, or investment opportunities.
Primary suite and two bedrooms on the main level, office or 4th bedroom upstairs, plus a private apartment/studio downstairs—ideal for guests, extended family, or additional living space.
The upper tier features the primary residence on a fully fenced 2.5-acre lot, complete with a spectacular outdoor kitchen and sweeping Hill Country sunset views. The middle tier overlooks the river and is ready for private glamping under the stars.
The true crown jewel is the lower tier, featuring 100 feet of private, direct Pedernales River frontage. Enjoy a flat recreational area, a private walking trail to the river, and inviting water for year-round swimming, kayaking, and fishing.
Zoned to Johnson City ISD, this one-of-a-kind property combines the Dripping Springs lifestyle with the space, flexibility, and financial advantages of Blanco County. A rare opportunity to create your own Hill Country compound, weekend retreat, or legacy property on the Pedernales River.
The sound of the Pedernales River carries into the main living areas of 471 Turkey Drive in Dripping Springs, where 6.68 acres of Hill Country land slopes naturally toward the water. This 2,978 square foot residence sits on the uppermost tier of what was originally three separate platted lots, creating a rare opportunity to own genuine waterfront property with room to expand or establish a private compound. Built in 2015, the home uses cedar and HardiPlank construction anchored by stone elements that weather well in the Texas climate, while spray foam insulation keeps interior temperatures stable year-round.
The primary residence commands views across the property and toward the river below. An open floor plan connects the main living spaces to a kitchen island with dual cooktops and convection oven, flowing directly onto a wrap-around deck and multiple porches designed for outdoor entertaining. The outdoor kitchen area provides the practical center for gatherings, positioned to capture sunset light and river views. Two primary bathrooms, walk-in closets, and a soaking tub anchor the master suite on the main floor. Five bedrooms accommodate extended family or guests, while smart home systems and high-speed internet keep the space modern and connected.
The property's real distinction lies in its waterfront access and layout. The middle tier includes a dedicated RV hookup and camping area for guests or glamping use. The bottom tier reaches directly to the Pedernales River, offering flat recreational space ideal for kayaking and fishing. The river itself becomes part of daily life here - visible from multiple vantage points, accessible by walking trails through the native plantings and existing mature trees that dot the 6.68 acres.
A private pool, gas grill, and barbecue station make the property self-contained for entertaining. Rock outcroppings, a waterfall feature, and gentle slopes create natural landscape definition without requiring intensive maintenance. The corner cul-de-sac location on Turkey Drive provides privacy while keeping Dripping Springs shopping and dining minutes away. Johnson City ISD serves the area, with all grade levels contained within the Lyndon B Johnson school campus.
At $655 per square foot, this waterfront acreage offers flexibility that rarely appears in the Hill Country market. Whether as a family compound, investment property, or personal retreat, the Pedernales River frontage and tiered land use create a lifestyle centered on water access and space to grow.
Verified property facts
471 Turkey DR is listed at $1,295,000 with 5 bedrooms, 3 full, 2 half bathrooms, 2,978 square feet, 6.68-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).
471 Turkey DR is zoned for Johnson City ISD with assigned schools: Lyndon B Johnson (elementary), Lyndon B Johnson (middle), Lyndon B Johnson (Johnson City ISD) (high). School assignments should be verified directly with the district.
471 Turkey DR is a Residential built in 2015 featuring 5 bedrooms, 3 full, 2 half bathrooms, 2,978 square feet, 6.68-acre lot.
471 Turkey DR is listed by Keller Williams Realty. 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.
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1 record on file
Every recorded listing, sale, and lease at 471 Turkey DR, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Price Change with current price, original ask, and market time.
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% ($259K)
Adjustable assumption - not a lending recommendation.
$1,295,000
Luxury property intelligence
A sourced read on Dripping Springs pricing, timing, and property scale. No automated valuation claim.
List price
$1,295,000
Price per sqft
$435/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
154 days
Original to current
$655K reduction
$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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The most recent annual property tax for 471 Turkey DR is $9,658. 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.
This page does not assume a mortgage rate or publish a monthly payment for 471 Turkey DR. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Oct 2, 2026, 471 Turkey DR is offered at $1,295,000. 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.
The MLS listing marks 471 Turkey DR as waterfront. The reported waterfront feature is River Front, Waterfront. Confirm shoreline access, dock rights, and floodplain status from current property documents during due diligence.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Car-Dependent
N/A
Somewhat Bikeable
Walk Score measures walkability based on distance to amenities. Transit Score measures public transportation access. Bike Score measures bikeability based on bike infrastructure and terrain.
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3 events on record
Current Price
$1,295,000
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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