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$795,000
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Situated on a large 1.68 acre lot with ample trees, this 4 bed / 2.5 bath home in Saddletree Ranch offers 2,860 SF of updated living space in Dripping Springs, just minutes away from Bee Cave and Lakeway. This home has it all - privacy, updated interior, newer windows, plus exterior bonus structures including a barn for 2 horses (or could be used as workshop), garden with greenhouse, firepit, and a flat yard with space to add a pool. The neutral interior has been tastefully updated with porcelain plank wood style flooring on the main level, custom hickory cabinets and silestone counters in the kitchen and custom blinds and draperies on the upgraded Ringer double pane windows. Upstairs, the oversized master suite offers a private 250sf back deck, offering amazing treelined and hill country views perfect to catch the Texas-sized sunsets. The master bathroom features a large walk-in closet, double shower and dual vanity. An additional 3 bedrooms, all with detailed tray ceilings, as well as a full bathroom with shower/tub combo complete the upper level. Natural light beams through the home from the skylights, tall ceilings, and numerous windows offering private views of the property. In the back, a barn and corral are ready for horses or could be used for other projects as the barn has electricity, water, storage and a lofted area. A fenced-in garden area with solar powered greenhouse and firepit are all ready for you to enjoy the Texas country living. Saddletree Ranch offers the privacy of acreage living with the benefits of an established community complete with a neighborhood park with pickleball/tennis, basketball, volleyball, baseball fields, and playground. Zoned to the highly acclaimed Lake Travis ISD, this home is in the heart of the Texas Hill Country in Dripping Springs, yet just 15-min to the shops at the Hill Country Galleria in Bee Cave, 35-min to downtown Austin and 45-min to the Austin Airport. LOW TAXES & HOA.
Property Type
Residential
Year Built
1994
Lot Size
1.68 acres
$/Sq Ft
$278
Listed by Legacy Austin Realty
Property Details
Verified property facts
507 Saddlehorn Dr is listed at $795,000 with 4 bedrooms, 2 full, 1 half bathrooms, 2,864 square feet, 1.68-acre lot.
507 Saddlehorn Dr is zoned for Lake Travis ISD with assigned schools: Bee Cave (8/10) (elementary), Bee Cave Middle School (8/10) (middle), Lake Travis (8/10) (high). School assignments should be verified directly with the district.
507 Saddlehorn Dr is a Residential built in 1994 featuring 4 bedrooms, 2 full, 1 half bathrooms, 2,864 square feet, 1.68-acre lot.
507 Saddlehorn Dr is listed by Legacy Austin Realty. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using public records data reviewed as of Mar 27, 2026.
This page does not assume a mortgage rate or publish a monthly payment for 507 Saddlehorn Dr. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
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1 record on file
Every recorded listing, sale, and lease at 507 Saddlehorn Dr, whoever represented it.
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 |
|---|---|---|---|---|
2025-11.8% | — | $668,898 | — | — |
2024-1.3% | — | $758,076 | $337,200 | $398,392 |
2023+71.1% | — | $768,061 | $59,010 | $699,066 |
2022 | — | $448,770 | $59,010 | $709,051 |

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% ($159K)
Adjustable assumption - not a lending recommendation.
$795,000
Luxury property intelligence
A sourced read on SADDLETREE RANCH SEC 3 pricing, timing, and property scale. No automated valuation claim.
List price
$795,000
Price per sqft
$278/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
Not available
Original to current
No verified reduction
$795K original
Active inventory context
Ask for current inventory
Source: Public records and Keenan Group review as of Mar 27, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
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Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
As of Mar 27, 2026, 507 Saddlehorn Dr is offered at $795,000. 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.
507 Saddlehorn Dr was built in 1994 (32 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.
Car-Dependent
N/A
Somewhat Bikeable
Walk Score measures walkability based on distance to amenities. Transit Score measures public transportation access. Bike Score measures bikeability based on bike infrastructure and terrain.
5 events on record
Current Price
$795,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-11.8% | — | $668,898 | — | — |
2024-1.3% | — | $758,076 | $337,200 | $398,392 |
2023+71.1% | — | $768,061 | $59,010 | $699,066 |
2022 | — | $448,770 | $59,010 | $709,051 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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