
MOTIVATED SELLER! BRING ALL OFFERS FOR CONSIDERATION. Live Water Property. Approx. 1000 feet of Beautiful Onion Creek in Driftwood, Texas - Rock Bottom, Clear and running (as of 8/14/24). This 5.486 Acre Tract has Scattered Pecan, Walnut, Elm Trees among others throughout the tract along with an abundance of native plants. Wonderful Recreational Property with a potential for Commercial as well - NO RESTRICTIONS. Close to Driftwood Restaurants, Vineyards, Salt Lick BBQ, Etc. No Restrictions other than Government. APPEARS MOST, IF NOT ALL OF PROPERTY, IS LOCATED IN THE 100 YEAR FLOODPLAIN. Access is through the right side gate. Enjoy this gem on Onion Creek... and bring your dreams along.
Property Type
Land
Lot Size
5.49 acres
Listed by Randy Hutto, Realtors
Property Details
Lot Features
Verified property facts
5.48 W Fm 150 is zoned for Dripping Springs ISD with assigned schools: Walnut Springs (8/10) (elementary), Dripping Springs Middle (middle), Dripping Springs (8/10) (high). School assignments should be verified directly with the district.
5.48 W Fm 150 is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
With 20% down ($95,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 5.48 W Fm 150 is around $3,336 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
Listing timeline 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% ($95K)
$475,000
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List price
$475,000
Price per sqft
Not available
Vs. neighborhood median
Not available
Days on market
668 days
Original to current
$175K reduction
$650K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 13, 2026.
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