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Keenan Group#1 Austin Board of Realtors Team 2024
601 Lost Valley RD, photo 1 of 40, Dripping Springs, Dripping Springs, TX
Active

$500,000

4Beds
3Baths
2,304Sq Ft
4.58 acresLot

601 Lost Valley Rd, Dripping Springs, TX 78620

Dripping Springs·MLS# 1408681·Built 2006·52 days on market

4 bed, 3 bath, 2,304 sqft on 4.58 acres in Dripping Springs. Dripping Springs, TX 78620. $500,000. Dripping Springs ISD.

About This Home

Peaceful hill country living on 4.576 acres in a quiet country neighborhood with large acreage lots. This 4 bedroom, 3 bath home offers approximately 2,340 sq ft of comfortable living space, surrounded by mature native trees, natural beauty and exceptional outdoor living. A spacious open floor plan with natural light and features a stone wood-burning fireplace. A separate office provides the perfect setting for working from home. Throughout the home is ample storage which adds to everyday convenience. Recent updates include new paint, updated appliances and new carpet, making this home move in ready. Step outside and experience the Texas hill Country. Relax on the porches and patio, tend your garden or greenhouse or take a peaceful walk down to Sycamore Creek. Additional features include a rainwater collection system, solar panels and additional storage buildings/ workshop includes a loft. Enjoy an evening on the patio which offers great views of the Hill Country. This property offers plenty of space for entertaining and families alike. Come enjoy the Hill Country lifestyle. Located in the Dripping Springs school district. This property offers comfort, functionality, privacy and natural beauty.

Property Type
Residential
Year Built
2006
Lot Size
4.58 acres
Price / Sq Ft
$217

Listing information last updated September 21, 2026.

Listed by Randy Hutto, Realtors

MLS# 1408681 • Active

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

Highlights

Generous 4.58-acre lot
Ceiling Fan(s)
Open Floorplan
Storage
Home Office
Walk-In Closet(s)

Facts & Features

Interior

Features

  • Ceiling Fan(s)
  • Open Floorplan
  • Storage
  • Study
  • Home Office
  • Walk-In Closet(s)

Appliances

  • Exhaust Fan
  • RNGHD
  • Refrigerator

Flooring

  • Carpet
  • Tile
Heating
Electric
Cooling
Central Air
Fireplaces
1
Exterior & Lot

Features

  • Exterior Steps

Construction

  • Hardi
  • Plank Type

Lot Features

  • Private
  • Public Maintained Road
  • Many Trees
  • Trees-Medium (20 Ft - 40 Ft)
  • Views

Foundation

  • Pillar
  • Post
  • Pier

Patio / Porch

  • Deck
  • Front Porch
  • Side Porch
Roof
Metal
Lot Size
4.58 Acres

Waterfront

  • Creek
Financial
Original List Price
$500,000
Price per Sq Ft
$217
Utilities
  • Electricity Connected
Water Source
Cistern
Sewer
Septic Tank

Transaction History

1 record on file

Every recorded listing, sale, and lease at 601 Lost Valley RD, whoever represented it.

  1. ActiveListed 2026
    Current price: $500,000Original list: $500,000MLS 1408681
    1. Listed · August 31, 2026$500,000

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

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

View Timeline
Current list
$500,000
Original list
$500,000
Price movement
No verified reduction
Listed / DOM
Aug 31, 2026 · 52 days

Tax Record

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

Assessed Value
$267,200
Assessment Year
2025
Year Built
2006
Parcel ID
11-5070-0002-00800-4
YearTaxesTotal AssessmentLandAdditions
2025
—$267,200$612,370$147,510
Map showing 601 Lost Valley RD
601 Lost Valley 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
$2,770

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

20% ($100K)

Adjustable assumption - not a lending recommendation.

$500,000

Loan: $400K
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

$500,000

Price per sqft

$217/sqft

Vs. Neighborhood guide reference price

Not available

Days on market

52 days

Original to current

No verified reduction

$500K 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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Frequently Asked Questions

How much is 601 Lost Valley Rd?

601 Lost Valley Rd is listed at $500,000 with 4 bedrooms, 3 full bathrooms, 2,304 square feet, 4.58-acre lot.

What school district is 601 Lost Valley Rd in?

601 Lost Valley 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.

What are the property details for 601 Lost Valley Rd?

601 Lost Valley Rd is a Residential built in 2006 featuring 4 bedrooms, 3 full bathrooms, 2,304 square feet, 4.58-acre lot.

What are the property taxes for 601 Lost Valley Rd?

The most recent annual property tax for 601 Lost Valley Rd is $4,370. 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 601 Lost Valley Rd?

This page does not assume a mortgage rate or publish a monthly payment for 601 Lost Valley Rd. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.

How does 601 Lost Valley Rd compare with other homes in Dripping Springs?

As of Oct 16, 2026, 601 Lost Valley Rd is offered at $500,000. 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.

What is the water access at 601 Lost Valley Rd?

The MLS listing marks 601 Lost Valley Rd as waterfront. The reported waterfront feature is Creek. Confirm shoreline access, dock rights, and floodplain status from current property documents during due diligence.

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.

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Based on information submitted to MLS GRID as of 10/16/2026, 7:07:12 AM. 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: 10/16/2026, 7:07:12 AM

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