#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024
Unique property that offers a 6.61-acre homestead in Driftwood, Texas, located within the desirable Texas Hill Country. The property is currently improved as a residential homesite, but its size and location create the flexibility for future residential development. With acreage divisible into 2-acre portions, this tract provides multiple exit strategies and opportunities for investors, developers, or owner-users looking to secure land in a high-growth corridor.
Property Type
Residential
Year Built
1975
Lot Size
6.61 acres
$/Sq Ft
$300
Pool
Yes
Listed by Keller Williams - Lake Travis
Property Details
Appliances
Construction
Lot Features
Fencing
Patio / Porch
Parking
Waterfront
2 records on file
Every recorded sale and lease at 501 Limestone LN, whoever represented it.
Verified property facts
501 Limestone LN is listed at $600,000 with 3 bedrooms, 2 full bathrooms, 2,000 square feet, 6.61-acre lot.
501 Limestone LN is zoned for Wimberley ISD with assigned schools: Jacobs Well (elementary), Danforth (middle), Wimberley (8/10) (high). School assignments should be verified directly with the district.
501 Limestone LN is a Residential built in 1975 featuring 3 bedrooms, 2 full bathrooms, 2,000 square feet, 6.61-acre lot.
501 Limestone LN 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 Limestone LN is $7,851. 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
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Listing timeline 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 | — | $531,000 | $514,600 | $16,400 |
Wimberley ISD
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% ($120K)
$600,000
Luxury property intelligence
A sourced read on Rolling Oaks Sec 2 pricing, timing, and property scale. No automated valuation claim.
List price
$600,000
Price per sqft
$300/sqft
Vs. Rolling Oaks Sec 2 median
Not available
Days on market
326 days
Original to current
No verified reduction
$600K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Aug 16, 2026.
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Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($120,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 501 Limestone LN is around $3,768 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $600,000, 501 Limestone LN is in the Rolling Oaks Sec 2 market where there are currently 50 active listings in 78619.
501 Limestone LN was built in 1975 (51 years ago). Buyers should budget for potential updates to major systems.
501 Limestone LN 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.
1 event on record
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $531,000 | $514,600 | $16,400 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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