
Tucked away on a beautiful 1.05-acre homesite in the heart of Dripping Springs, this thoughtfully designed single-story home offers the perfect blend of space, privacy, and Hill Country charm. With 5 bedrooms, 3.5 baths, and over 3,000 square feet, the flexible floorplan features soaring ceilings, rich wood flooring and multiple dining spaces.
The spacious living room is anchored by a stunning stone fireplace and flows seamlessly into the kitchen, complete with a large center island, breakfast bar, stainless steel appliances, and abundant cabinetry. The private primary suite is a true retreat with direct access to the covered back porch and a spa-like bath featuring dual vanities, a soaking tub, separate shower, and oversized walk-in closet.
Designed for both everyday living and entertaining, the expansive covered back patio overlooks a peaceful, tree-filled setting with plenty of room to add a pool, garden, or outdoor living spaces. Mature trees, open green space, and a fenced backyard create a serene atmosphere while still being just minutes from downtown Dripping Springs, highly acclaimed DSISD schools, shopping, dining, and wineries.
Additional highlights include a 3-car garage, large laundry room, storage shed, and no HOA.
Enjoy the best of Hill Country living with room to spread out, privacy to unwind, and a location that puts everything Dripping Springs has to offer within easy reach.
Property Type
Residential
Year Built
2007
Lot Size
1.05 acres
$/Sq Ft
$295
Garage
8 spaces
Listed by Keller Williams Realty
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Verified property facts
501 Goodnight TRL is listed at $899,000 with 5 bedrooms, 3 full, 1 half bathrooms, 3,048 square feet, 1.05-acre lot. This places it above the 78620 median of $867,000.
501 Goodnight TRL is zoned for Dripping Springs ISD with assigned schools: Dripping Springs (elementary), Dripping Springs Middle (middle), Dripping Springs (high). School assignments should be verified directly with the district.
501 Goodnight TRL is a Residential built in 2007 featuring 5 bedrooms, 3 full, 1 half bathrooms, 3,048 square feet, 1.05-acre lot.
501 Goodnight TRL 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.
The most recent annual property tax for 501 Goodnight TRL is $13,456. 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.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Listed with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $722,652 | $217,990 | $527,010 |
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% ($180K)
$899,000
Luxury property intelligence
A sourced read on Poundhouse Hills Sec 2 pricing, timing, and property scale. No automated valuation claim.
List price
$899,000
Price per sqft
$295/sqft
Vs. Poundhouse Hills Sec 2 median
Not available
Days on market
10 days
Original to current
No verified reduction
$899K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jul 12, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($179,800) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 501 Goodnight TRL is around $5,786 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $899,000, 501 Goodnight TRL is in the Poundhouse Hills Sec 2 market where there are currently 246 active listings in 78620. The Keenan Group has completed 11 transactions in 78620 as part of 1,000+ career sales totaling $1B+ across Austin.
501 Goodnight TRL includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
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
$899,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $722,652 | $217,990 | $527,010 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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