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Keenan Group#1 Austin Board of Realtors Team 2024
509 Crosswater LN, photo 1 of 40, Dripping Springs, Dripping Springs, TX
Pending

$997,000

5Beds
5.5Baths
4,681Sq Ft
0.28 acresLot
Pending

509 Crosswater Ln, Dripping Springs, TX 78620

Dripping Springs·MLS# 9810892·Built 2022

5 bed, 5 bath, 4,681 sqft on 0.28 acres in Dripping Springs. Dripping Springs, TX 78620. $997,000. Dripping Springs ISD.

About This Home

Exceptional living in Caliterra! This 4,681 SF, 5-bedroom, 5.5-bath Drees Custom home sits on a premium, quiet street backing to the greenbelt giving you the perfect Texas Hill Country views. Turnkey and meticulously maintained, the home offers over $300K+ in thoughtful upgrades, abundant natural light & an exceptional floor plan. The kitchen, dining and living spaces flow together around a white limestone gas fireplace under beamed ceilings. A pocket sliding glass door opens to the covered back porch and tile and hardwood flooring are throughout with no carpet. The main level features both the spacious primary suite, a secondary guest suite and a home office. Upstairs are 3 additional bedrooms, each with their own full bathroom, plus a game room, media room, kitchenette & covered balcony. Making this home ideal for family, guests, multigenerational living or dedicated work and entertainment spaces. The chef’s kitchen features an oversized island, double ovens and a built-in KitchenAid 42" French door refrigerator. The walk-in pantry adds extensive storage, wine storage with beverage coolers. The oversized laundry room offers a sink, generous cabinetry and counter space. The list of upgrades include plantation shutters, motorized shades, epoxy garage floors, 3-car tandem garage, Tesla charger, 26kW Generac whole-home generator, water softener & filtration, smart-home security/AV with Sonos, extensive electrical upgrades and a dedicated 70-amp connection for a future pool. The North/South-facing lot features turnkey xeriscape landscaping, underground irrigation and a fully fenced backyard. Enjoy Caliterra amenities including the neighborhood pool, dog park, coffee shop, Onion Creek access and hiking & biking trails, with H-E-B and Home Depot minutes away. And beyond the backyard, the ranch setting brings the best of the Hill Country home with peaceful views, deer wandering through and cows grazing nearby. Convenient to Austin and zoned to Dripping Springs Schools.

Property Type
Residential
Year Built
2022
Lot Size
0.28 acres
Price / Sq Ft
$213
HOA
$1,500/year
Garage
3 spaces

Listing information last updated October 6, 2026.

Listed by Magnolia Realty Austin Hill Co

MLS# 9810892 • Pending

IDX inquiries: Keenan Group at Compass · (512) 415-7653

Highlights

3-car garage with additional parking capacity
Generous 0.28-acre lot
Built-in Features
Ceiling Fan(s)
Beamed Ceilings
Ceiling-High

Facts & Features

Interior

Features

  • Bidet
  • Built-in Features
  • Ceiling Fan(s)
  • Beamed Ceilings
  • Ceiling-High
  • Quartz Counters
  • Eat-in Kitchen
  • Entrance Foyer
  • In-Law Floorplan
  • Kitchen Island
  • Multiple Living Areas
  • Open Floorplan
  • Pantry
  • Primary Bedroom on Main
  • Recessed Lighting
  • Soaking Tub
  • Sound System
  • Storage
  • Study
  • Home Office
  • Walk-In Closet(s)
  • Wet Bar
  • Wired for Sound

Appliances

  • Bar Fridge
  • Built-In Gas Range
  • Built-In Refrigerator
  • Dishwasher
  • Disposal
  • ENERGY STAR Qualified Appliances
  • Microwave
  • Double Oven
  • RNGHD
  • Stainless Steel Appliance(s)
  • Water Heater
  • Water Softener Owned
  • Wine Refrigerator

Flooring

  • No Carpet
  • Tile
  • Wood
Heating
Central,Natural Gas
Cooling
Ceiling Fan(s),Central Air,Multi Units
Fireplaces
1
Exterior & Lot

Features

  • Balcony
  • Gutters Full
  • Private Yard

Construction

  • Blown-In Insulation
  • Masonry – Partial
  • Radiant Barrier
  • Wood Siding

Lot Features

  • Greenbelt
  • Landscaped
  • Level
  • Native Plants
  • Sprinkler - Automatic
  • Sprinklers In Rear
  • Sprinkler - Drip Only
  • Bubblers
  • Sprinklers In Front
  • Views
  • Xeriscape

Fencing

  • Back Yard
  • Fenced
  • Gate
  • Wood
  • Wrought Iron

Foundation

  • Slab

Patio / Porch

  • Covered
  • Patio
Roof
Asphalt,Shingle
Lot Size
0.28 Acres

Parking

  • Attached
  • Electric Vehicle Charging Station(s)
  • Garage Door Opener
  • Garage Faces Front
  • Storage
  • Tandem
Garage Spaces
3
Financial
HOA Fee
$1,500 / year
Original List Price
$997,000
Price per Sq Ft
$213
Utilities
  • Electricity Connected
  • High Speed Internet
  • Natural Gas Connected
  • Underground Utilities
Water Source
Public
Sewer
Public Sewer

Transaction History

1 record on file

Every recorded listing, sale, and lease at 509 Crosswater LN, whoever represented it.

  1. PendingListed 2026
    Current price: $997,000Original list: $997,000MLS 9810892
    1. Listed · September 11, 2026$997,000

Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.

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Price & Listing History

Pending with current price, original ask, and market time.

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Current list
$997,000
Original list
$997,000
Price movement
No verified reduction
Listed / DOM
Sep 11, 2026 · 34 days

Tax Record

Public record data from county appraisal records. Market value can differ from assessed value.

Assessed Value
$900,890
Assessment Year
2025
Year Built
2022
Parcel ID
11-1084-000L-00500-4
YearTaxesTotal AssessmentLandAdditions
2025
—$900,890$216,830$684,060
Map showing 509 Crosswater LN
509 Crosswater LN
Directions
1 High School1 Middle School1 Elementary School

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.

Principal & interest
$5,522
HOA dues
$125

Excluded from this estimate: property taxes and home insurance. Each requires verified amount, cadence or unit, source, and as-of details.

HOA source: MLS Grid / Unlock MLS, as of 2026-10-15T14:27:04.841+00:00; normalized from annual dues.

20% ($199K)

Adjustable assumption - not a lending recommendation.

$997,000

Loan: $798K
Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-10-08
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Keenan Market Position

A sourced read on Dripping Springs pricing, timing, and property scale. No automated valuation claim.

List price

$997,000

Price per sqft

$213/sqft

Vs. Neighborhood guide reference price

Not available

Days on market

34 days

Original to current

No verified reduction

$997K original

Active inventory context

Ask for current inventory

Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.

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Frequently Asked Questions

How much is 509 Crosswater Ln?

509 Crosswater Ln is listed at $997,000 with 5 bedrooms, 5 full, 1 half bathrooms, 4,681 square feet, 0.28-acre lot. This places it above the ZIP 78620 single-family closed-sale median price of $600,000 (ZIP 78620 geography · single-family closed sales · median sale price · trailing 12 months as of Oct 15, 2026).

What school district is 509 Crosswater Ln in?

509 Crosswater Ln 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.

What are the property details for 509 Crosswater Ln?

509 Crosswater Ln is a Residential built in 2022 featuring 5 bedrooms, 5 full, 1 half bathrooms, 4,681 square feet, 0.28-acre lot.

What are the property taxes for 509 Crosswater Ln?

The most recent annual property tax for 509 Crosswater Ln is $22,841. 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.

How should a buyer estimate the monthly payment for 509 Crosswater Ln?

This page does not assume a mortgage rate or publish a monthly payment for 509 Crosswater Ln. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.

How does 509 Crosswater Ln compare with other homes in Dripping Springs?

As of Oct 15, 2026, 509 Crosswater Ln is offered at $997,000. The current MLS snapshot shows 233 active listings in 78620. Keenan Group has completed 15 verified transactions in 78620 within its 1,000+ completed transactions and $1B+ career volume across Austin.

When was 509 Crosswater Ln built?

509 Crosswater Ln was built in 2022, making it 4 years old with relatively recent construction.

What is the community structure at 509 Crosswater Ln?

The MLS listing reports HOA or association dues of $1,500 annual for 509 Crosswater Ln. 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.

Why Choose the #1 Austin Board Team for Dripping Springs

#1 ABoR Team 20241,000+ Career SalesCompass Luxury Collection Specialist

#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.

25+ years advising buyers and sellers in this community

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Last updated: 10/15/2026, 9:27:04 AM

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