#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024
24.83 acres of ag exempt beautiful pastures right in the heart of Dripping Springs and the Lone Star State's beloved Texas Hill Country. Completely renovated homestead with 4 bedrooms, 3 bathrooms, a wood burning fireplace, stainless steel appliances, and wood floors throughout. Owner is willing to subdue and sell the 12 acre vacant lot as well. Live in the house while you build your dream home or purchase as an investment. Ideally located on a quiet and private road, a few minutes from the highly desirable West Fitzhugh & Bell Springs Road. Beautiful pasture views, flat lot and mature trees. Great for horses. Minimal restrictions. Residential only. Completely fenced. Dripping Springs ISD. Very low tax rates due to ag exemption. 4 Minutes to Texas Hill Country Olive Company & 12 Fox Beer Company. 14 minutes to Mercer Street in Downtown Dripping. 24 Minutes to Hill Country Galleria. Currently leased through June 2027.
Property Type
Farm
Year Built
1983
Lot Size
24.83 acres
$/Sq Ft
$699
HOA
$250/year
Listed by Wilemon Real Estate
Property Details
Features
Appliances
Flooring
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Verified property facts
501 Myers Creek RD is listed at $1,565,000 with 4 bedrooms, 3 full bathrooms, 2,240 square feet, 24.83-acre lot. This places it above the ZIP 78620 single-family closed-sale median price of $867,000 (ZIP 78620 geography · single-family closed sales · median sale price · trailing 12 months as of Sep 11, 2026).
501 Myers Creek RD is zoned for Dripping Springs ISD with assigned schools: Walnut Springs (elementary), Dripping Springs Middle (middle), Dripping Springs (high). School assignments should be verified directly with the district.
501 Myers Creek RD is a Farm built in 1983 featuring 4 bedrooms, 3 full bathrooms, 2,240 square feet, 24.83-acre lot.
501 Myers Creek RD is listed by Wilemon Real Estate. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Sep 12, 2026.
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2 records on file
Every recorded listing, sale, and lease at 501 Myers Creek RD, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
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 | — | $389,760 | $80,920 | $308,840 |
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% ($313K)
Adjustable assumption - not a lending recommendation.
$1,565,000
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A sourced read on Bell Spgs Ranches pricing, timing, and property scale. No automated valuation claim.
List price
$1,565,000
Price per sqft
$699/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
15 days
Original to current
No verified reduction
$1.6M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Sep 12, 2026.
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The most recent annual property tax for 501 Myers Creek RD is $6,192. 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.
This page does not assume a mortgage rate or publish a monthly payment for 501 Myers Creek RD. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Sep 12, 2026, 501 Myers Creek RD is offered at $1,565,000. The current MLS snapshot shows 221 active listings in 78620. Keenan Group has completed 12 verified transactions in 78620 within its 1,000+ completed transactions and $1B+ career volume across Austin.
501 Myers Creek RD was built in 1983 (43 years ago). Buyers should budget for potential updates to major systems.
The MLS listing reports HOA or association dues of $250 annual for 501 Myers Creek RD. It does not establish included amenities, services, rules, reserves, or current assessments; verify those items in current association documents.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
3 events on record
Current Price
$1,565,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $389,760 | $80,920 | $308,840 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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