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Keenan Group#1 Austin Board of Realtors Team 2024
480 Blue Creek Dr, photo 1 of 9, Dripping Springs, Dripping Springs, TX
Active

$450,000

5.00 acresLot

480 Blue Creek Dr, Dripping Springs, TX 78620

Reduced 20%$560,000
Dripping Springs·MLS# 4918283·686 days on market

— bed, — bath on 5.00 acres in Dripping Springs. Dripping Springs, TX 78620. $450,000. Dripping Springs ISD.

About This Home

Beautiful 5-acre lot in Blue Creek Ranch, with an abundance of native trees and multiple building sites just 10 minutes outside the heart of Dripping Springs. This private lot is located at the end of the sul de sac with no through traffic to deal with. Bring your builder and design your dream home in between native trees, vegetation, and wildlife. When walking the property you enjoy the Texas Hill Country feel and can see the building opportunities. The location of this small but diverse subdivision is outstanding. The shops and entertainment facilities are close by. The dripping Springs school, Walnut Elementary, Dripping Springs Middle School and Dripping Springs High School are within a 5 mile radius from the property. Come and check out this amazing property in Blue Creek Ranch!

Property Type
Land
Lot Size
5.00 acres
HOA
$120/year

Listing information last updated March 16, 2026.

Listed by Mercer Street Group, LLC

MLS# 4918283 • Active

IDX inquiries: Keenan Group at Compass · (512) 415-7653

Highlights

Generous 5.00-acre lot
Cul-De-Sac
Native Plants
Public Maintained Road
Trees-Large (Over 40 Ft)
Trees-Medium (20 Ft - 40 Ft)

Facts & Features

Exterior & Lot

Lot Features

  • Cul-De-Sac
  • Level
  • Native Plants
  • Public Maintained Road
  • Trees-Large (Over 40 Ft)
  • Trees-Medium (20 Ft - 40 Ft)
  • Trees-Small (Under 20 Ft)
  • Xeriscape
Lot Size
5.00 Acres
Financial
HOA Fee
$120 / year
Original List Price
$560,000
Utilities
  • Cable Available
  • Electricity Available
  • Phone Available

Transaction History

1 record on file

Every recorded listing, sale, and lease at 480 Blue Creek Dr, whoever represented it.

  1. ActiveListed 2024
    Current price: $450,000Original list: $560,000MLS 4918283

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.

View Timeline
Current list
$450,000
Original list
$560,000
Price movement
$110K reduction
Listed / DOM
Dec 5, 2024 · 686 days

Tax Record

Public record data from county appraisal records. Market value can differ from assessed value.

Assessed Value
$1,120,800
Assessment Year
2025
Parcel ID
11-0642-0000-01700-4
YearTaxesTotal AssessmentLandAdditions
2025
—$1,120,800$1,124,330—
Map showing 480 Blue Creek Dr
480 Blue Creek Dr
Directions
1 High School1 Middle School1 Elementary School

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.

Principal & interest
$2,493
HOA dues
$10

Excluded from this estimate: property taxes and home insurance. Each requires verified amount, cadence or unit, source, and as-of details.

HOA source: MLS Grid / Unlock MLS, as of 2026-10-16T15:07:04.475+00:00; normalized from annual dues.

20% ($90K)

Adjustable assumption - not a lending recommendation.

$450,000

Loan: $360K
Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-10-15
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Keenan Market Position

A sourced read on Dripping Springs pricing, timing, and property scale. No automated valuation claim.

List price

$450,000

Price per sqft

Not available

Vs. Neighborhood guide reference price

Not available

Days on market

686 days

Original to current

$110K reduction

$560K original

Active inventory context

Ask for current inventory

Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 16, 2026.

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Frequently Asked Questions

What school district is 480 Blue Creek Dr in?

480 Blue Creek Dr is zoned for Dripping Springs ISD with assigned schools: Walnut Springs (elementary), Dripping Springs Middle (middle), Dripping Springs (high). School assignments should be verified directly with the district.

How should a buyer estimate the monthly payment for 480 Blue Creek Dr?

This page does not assume a mortgage rate or publish a monthly payment for 480 Blue Creek Dr. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.

How does 480 Blue Creek Dr compare with other homes in Dripping Springs?

As of Oct 16, 2026, 480 Blue Creek Dr is offered at $450,000. The current MLS snapshot shows 225 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.

What is the community structure at 480 Blue Creek Dr?

The MLS listing reports HOA or association dues of $120 annual for 480 Blue Creek Dr. It does not establish included amenities, services, rules, reserves, or current assessments; verify those items in current association documents.

Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.

Why Choose the #1 Austin Board Team for Dripping Springs

#1 ABoR Team 20241,000+ Career SalesCompass Luxury Collection Specialist

#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.

25+ years advising buyers and sellers in this community

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Listing courtesy of Unlock MLS as distributed by MLS GRID. Information deemed reliable but not guaranteed. Neither the listing broker nor Compass RE Texas, LLC shall be responsible for any typographical errors, misinformation, or misprints.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS, as amended from time to time.

Based on information submitted to MLS GRID as of 10/16/2026, 10:07:04 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Last updated: 10/16/2026, 10:07:04 AM

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