5 bed, 4 bath, 3,415 sqft on 0.19 acres in Dripping Springs. Dripping Springs, TX 78620. $985,000. Dripping Springs ISD.
About This Home
Breathtaking Hill Country views, sophisticated designer finishes, and over $387,000 in builder upgrades! Completed in 2026 by Toll Brothers, this exceptional five-bedroom home offers luxury living in Headwaters, one of Dripping Springs' most sought-after master-planned communities.
Gorgeous wood flooring, upgraded cabinetry, designer lighting, quartz countertops, and matte black accents create a warm, elegant aesthetic. The kitchen features premium JennAir appliances, including a 42-inch built-in refrigerator, 36-inch gas rangetop, double ovens, microwave drawer, and built-in wine refrigerator. Custom soft-close cabinetry, a large island, Calacatta Gold Silestone countertops complete this entertainer's kitchen.
The living room features a 42-inch fireplace and impressive 12-foot glass sliding doors opening to a covered porch with sweeping north-facing Hill Country views. Upstairs, 9-foot glass sliders lead from the loft to a private balcony overlooking the rolling hills. Enjoy peaceful mornings with coffee, breathtaking sunsets, and evenings entertaining under endless Texas skies.
The lower floor has an office and guest bedroom with ensuite shower. The luxurious primary suite has large windows and the bathroom features a freestanding Kohler soaking tub, frameless glass shower, ceiling-height designer tile, a California Closet System and upgraded fixtures. Additional highlights include custom dining room built-ins, an upgraded staircase, and black-framed windows.
Headwaters offers resort-style amenities, scenic surroundings, and the perfect balance of peaceful Hill Country living, with Oakwood Market just a short walk away.
Zoned for the new Wildwood Springs Elementary, Dripping Springs Middle School, and Dripping Springs High School, with convenient access to shopping, dining, HWY 290, and Austin. With five bedrooms, exceptional upgrades, and two levels of outdoor living, this remarkable home stands apart. All home furnishings negotiable!
- Property Type
- Residential
- Year Built
- 2025
- Lot Size
- 0.19 acres
- Price / Sq Ft
- $288
- HOA
- $459/quarter
- Garage
- 3 spaces
Listing information last updated November 13, 2026.
Listed by Magnolia Realty Austin Hill Co
MLS# 2805451 • Pending
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Ceiling Fan(s)
- Ceiling-High
- Tray Ceiling(s)
- Eat-in Kitchen
- Entrance Foyer
- High Speed Internet
- Open Floorplan
- Pantry
- Primary Bedroom on Main
- Study
- Home Office
- Walk-In Closet(s)
- Wired for Data
- Wired for Sound
- Dishwasher
- Disposal
- ENERGY STAR Qualified Appliances
- Microwave
- Double Oven
- RNGHD
- Self Cleaning Oven
- Stainless Steel Appliance(s)
- Carpet
- Tile
- Wood
- Heating
- Central,Natural Gas
- Cooling
- Central Air
- Fireplaces
- 1
Exterior & Lot
- Hardi
- Plank Type
- Blown-In Insulation
- Radiant Barrier
- Stone
- Stucco
- Interior Lot
- Landscaped
- Sprinkler - Automatic
- Trees-Moderate
- Back Yard
- Wood
- Wrought Iron
- Slab
- Covered
- Patio
- Roof
- Composition
- Lot Size
- 0.19 Acres
- Attached
- Garage Faces Front
- Tandem
- Garage Spaces
- 3
Financial
- HOA Fee
- $459 / quarter
- Original List Price
- $985,000
- Price per Sq Ft
- $288
Utilities
- Electricity Connected
- Natural Gas Connected
- Sewer Connected
- Water Connected
- Water Source
- MUD,Public
- Sewer
- MUD
Transaction History
1 record on file
Every recorded listing, sale, and lease at 488 Iron Willow LOOP, whoever represented it.
- PendingListed 2026Current price: $985,000Original list: $985,000MLS 2805451
- Listed · October 29, 2026$985,000
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
Pending with current price, original ask, and market time.
- Current list
- $985,000
- Original list
- $985,000
- Price movement
- No verified reduction
- Listed / DOM
- Oct 29, 2026 · 15 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $118,815
- Assessment Year
- 2025
- Parcel ID
- 11-3747-000A-00169-4
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $118,815 | $118,815 | — |
Virtual Tour
Zoned Schools
Dripping Springs
Dripping Springs Middle
WildwoodSprings
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 and home insurance. Each requires verified amount, cadence or unit, source, and as-of details.
HOA source: MLS Grid / Unlock MLS, as of 2026-11-13T21:00:44.02+00:00; normalized from quarterly dues.
Illustrative down payment
20% ($197K)
Adjustable assumption - not a lending recommendation.
Home price
$985,000
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
$985,000
Price per sqft
$288/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
15 days
Original to current
No verified reduction
$985K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Nov 13, 2026.
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