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Keenan Group#1 Austin Board of Realtors Team 2024
509 Greystone Rd, photo 1 of 38, Dripping Springs, Dripping Springs, TX
Active

$925,000

10.46 acresLot

509 Greystone Rd, Dripping Springs, TX 78620

Dripping Springs·MLS# 6380156·881 days on market

— bed, — bath on 10.46 acres in Dripping Springs. Dripping Springs, TX 78620. $925,000. Dripping Springs ISD.

About This Home

***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.

Property Type
Land
Lot Size
10.46 acres

Listing information last updated March 16, 2026.

Listed by All Streets Realty, LLC

MLS# 6380156 • Active

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

Highlights

Generous 10.46-acre lot
Rolling Slope
Trees-Large (Over 40 Ft)
Trees-Medium (20 Ft - 40 Ft)
***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

Facts & Features

Exterior & Lot

Lot Features

  • Rolling Slope
  • Trees-Large (Over 40 Ft)
  • Trees-Medium (20 Ft - 40 Ft)

Fencing

  • Fenced
Lot Size
10.46 Acres
Financial
Original List Price
$925,000
Utilities
  • Above Ground
  • Electricity Available
  • Phone Available
Sewer
Septic Needed

Transaction History

2 records on file

Every recorded listing, sale, and lease at 509 Greystone Rd, whoever represented it.

  1. ActiveListed 2024
    Current price: $925,000Original list: $925,000MLS 6380156
  2. WithdrawnListed date not recorded
    Current price: $169,900Original list: $169,900MLS 3985283

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

Listing timeline with current price, original ask, and market time.

View Timeline
Current list
$925,000
Original list
$925,000
Price movement
No verified reduction
Listed / DOM
May 24, 2024 · 881 days

Tax Record

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

Assessed Value
$30,260
Assessment Year
2025
Parcel ID
11-4278-0000-02305-4
YearTaxesTotal AssessmentLandAdditions
2025
—$30,260$433,320—
Map showing 509 Greystone Rd
509 Greystone Rd
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
$5,124

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

20% ($185K)

Adjustable assumption - not a lending recommendation.

$925,000

Loan: $740K
Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-10-15
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Keenan Market Position

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

List price

$925,000

Price per sqft

Not available

Vs. Neighborhood guide reference price

Not available

Days on market

881 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 16, 2026.

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More sales nearby

Homes sold by Keenan Group.

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Frequently Asked Questions

How much is 509 Greystone Rd?

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 $600,000 (ZIP 78620 geography · single-family closed sales · median sale price · trailing 12 months as of Oct 21, 2026).

What school district is 509 Greystone Rd in?

509 Greystone 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.

How should a buyer estimate the monthly payment for 509 Greystone Rd?

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.

How does 509 Greystone Rd compare with other homes in Dripping Springs?

As of Oct 16, 2026, 509 Greystone Rd is offered at $925,000. The current MLS snapshot shows 225 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.

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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Listing courtesy of Unlock MLS as distributed by MLS GRID. Information deemed reliable but not guaranteed. Neither the listing broker nor Compass RE Texas, LLC shall be responsible for any typographical errors, misinformation, or misprints.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS, as amended from time to time.

Based on information submitted to MLS GRID as of 10/15/2026, 8:07:33 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Last updated: 10/15/2026, 8:07:33 PM

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