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This property has sold on December 30, 2025. Looking for something similar? Contact us or browse available homes.

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$799,000
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Snuggled on a Hillside! Two legal lots each 4.8+ acres for a combined total of 9.99 acres with small rock house which would make a great getaway retreat or future guest house. Amazing hill country views on a private hill top with endless opportunities off a paved county road accessible by each lot. There is also a flat higher hill top build site near the small house for future larger custom home if desired. This property has some nice oaks and is gently sloped on both sides with eastern side sloping to a wet weather creek. The location is highly desirable being only minutes from downtown Dripping Springs and in highly rated Dripping Springs ISD. Well is in need of repairs, see attached estimate for details. Very few properties come available in this area, so don't wait around this is a must see.
Property Type
Residential
Year Built
1978
Lot Size
4.85 acres
$/Sq Ft
$591
Listed by Coffman Real Estate
Property Details
Verified property facts
500 Shelton Ranch Rd is listed at $799,000 with 1 bedrooms, 1 full bathrooms, 1,352 square feet, 4.85-acre lot.
500 Shelton Ranch Rd is zoned for Dripping Springs ISD with assigned schools: Dripping Springs (6/10) (elementary), Dripping Springs Middle (middle), Dripping Springs (8/10) (high). School assignments should be verified directly with the district.
500 Shelton Ranch Rd is a Residential built in 1978 featuring 1 bedrooms, 1 full bathrooms, 1,352 square feet, 4.85-acre lot.
500 Shelton Ranch Rd 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 ($159,800) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 500 Shelton Ranch Rd is around $5,611 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
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% ($160K)
$799,000
Luxury property intelligence
A sourced read on Hanna - Hanna Hill Subd-Hanna pricing, timing, and property scale. No automated valuation claim.
List price
$799,000
Price per sqft
$591/sqft
Vs. Hanna - Hanna Hill Subd-Hanna median
Not available
Days on market
262 days
Original to current
$100.9K reduction
$899.9K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Apr 25, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
At $799,000, 500 Shelton Ranch Rd is in the Hanna - Hanna Hill Subd-Hanna market where there are currently 234 active listings in 78620. The Keenan Group has completed 11 transactions in 78620 as part of 1,000+ career sales totaling $1B+ across Austin.
500 Shelton Ranch Rd was built in 1978 (48 years ago). Buyers should budget for potential updates to major systems.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
2 events on record
Current Price
$899,900
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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