— 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.
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.
The numbers behind this insight
- Offered at
- $925,000
- Listed
- May 24, 2024
- 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
Facts & Features
Exterior & Lot
- Rolling Slope
- Trees-Large (Over 40 Ft)
- Trees-Medium (20 Ft - 40 Ft)
- 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.
- ActiveListed 2024Current price: $925,000Original list: $925,000MLS 6380156
- WithdrawnListed date not recordedCurrent 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.
- 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
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $30,260 | $433,320 | — |
Zoned Schools
Dripping Springs
Dripping Springs Middle
Walnut Springs
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.
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
Luxury property intelligence
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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78620 ZIP Guide
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