
— bed, — bath on 10.46 acres in Dripping Springs. Dripping Springs, TX 78620. $925,000. Dripping Springs ISD.
***AG Exempt***1 0+ acres of quiet, secluded Texas Hill Country with a Dripping Springs address! Expansive views, lush native vegetation and a wet weather creek offer a property like nonother in the area. Much of the property has been cleared of underbrush leaving a stunning lot rich with Madrones, Live Oaks, Spanish Oaks, Elms and Mountain Laurels. You will love the peaceful serenity of nature and a perfect view of the Texas sunset from your backyard all while still being conveniently located near everything you need in highly desirable Dripping Springs. So much work has already been put into making this property exceptional. This beautiful property is ready for your future dream home on any of the multiple build sites. 3 sides fenced with road (Greystone) as 4th border.
Ten and a half acres of open Texas Hill Country with nothing but sky, silence, and the kind of freedom that comes from owning land that actually feels like land. The 509 Greystone Rd property in Dripping Springs sits on a rolling slope where the terrain rises and falls with the natural contours of Hays County, giving you multiple build sites and unobstructed views that stretch toward the horizon. This is raw acreage with purpose - the previous owners have already cleared underbrush, leaving mature stands of Live Oaks, Spanish Oaks, Madrones, Mountain Laurels, and Elms standing at their full height. You're not looking at a scraped lot. You're looking at a landscape that's been thoughtfully preserved and opened up.
The feeling here is genuine isolation without actual isolation. Greystone Road forms the southern border while fencing secures three sides, creating a defined boundary that lets you know where your world ends and theirs begins. A wet weather creek runs through the property, adding the sound of water and the ecological value that draws native wildlife. The land faces west, which means sunsets aren't an afterthought - they're a feature. Stand in what will be your backyard and watch the sky change color every evening, uninterrupted.
This is an agricultural exempt property, which matters for your long-term tax structure. Dripping Springs ISD schools serve the area - Walnut Springs Elementary, Dripping Springs Middle School, and Dripping Springs High School anchor the community for families thinking generationally about land ownership. The town itself is ten minutes west, meaning you can reach Dripping Springs Market, local restaurants, and Hill Country Galleria without feeling urban pressure pressing in.
The potential here sits in your hands. Multiple build sites across the rolling terrain give you flexibility - front-facing, back-facing, nestled into the tree line, or open to the view. Whether you're planning a modest retreat or a substantial estate home, this land wants to work with your vision rather than fight it. At $925,000 for 10.459 acres, you're buying the foundation for everything that comes next. The land has done the heavy lifting already. Now it's waiting for someone to build their version of what living in the Texas Hill Country actually means.
Verified property facts
509 Greystone Rd is listed at $925,000 with 0 bedrooms, 10.46-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 Oct 1, 2026).
509 Greystone Rd is zoned for Dripping Springs ISD with assigned schools: Walnut Springs (8/10) (elementary), Dripping Springs Middle (middle), Dripping Springs (8/10) (high). School assignments should be verified directly with the district.
509 Greystone Rd is listed by All Streets Realty, LLC. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Oct 2, 2026.
This page does not assume a mortgage rate or publish a monthly payment for 509 Greystone Rd. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
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2 records on file
Every recorded listing, sale, and lease at 509 Greystone Rd, 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.
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% ($185K)
Adjustable assumption - not a lending recommendation.
$925,000
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List price
$925,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
861 days
Original to current
No verified reduction
$925K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 2, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
District guide, nearby schools, and homes by attendance area
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Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
As of Oct 2, 2026, 509 Greystone Rd is offered at $925,000. The current MLS snapshot shows 223 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.
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
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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.
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