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Welcome to 7301 Creek Rd. in the heart of Dripping Springs and the Texas Hill Country. Nestled on a spectacular bluff with breathtaking views overlooking historic Onion Creek and the beautiful, surrounding expansive terrain, this incredible lot offers you the rare opportunity to build your custom dream home, weekend family gathering place or luxury ranchette on this exclusive, private 10+ acres. Ideally located on the quiet, scenic, western portion of Creek Road and away from the hustle and bustle of town, this acreage is surrounded by unencumbered, long-distance views towards Blanco—perfect for the owner wanting a private Hill Country retreat for full or part time living. This lot has numerous level build sites to enjoy the breeze across the bluff, Texas sunsets, starry night skies, abundant flora and fauna and all that Dripping Springs has to offer, including its sought after Dripping Springs schools. The property traverses Onion Creek (also known as the “crown jewel” of Dripping Springs) providing enjoyment of many “creek-side” activities and presents an array of native trees, rock outcroppings and breathtaking vistas, creating a rare opportunity to build your own private sanctuary. Surrounded by some of Dripping Springs’ most spectacular homes, ranches, vineyards, hospitality and spa venues, this rural enclave offers land that is agriculturally tax exempt (via honey bees | the 2024 property taxes were $407), has a very low tax rate, no homeowner's association and enticingly light architectural and design guidelines crafted to preserve the elegance and unique beauty, tranquility and heritage of this exclusive and historic setting. (7275 Creek Rd. | MLS# 6658819 | 10.44 acres is also for sale if a larger amount of acreage is desired) Contact Melanie Fenelon to schedule a private tour of this special property.
Property Type
Land
Lot Size
10.04 acres
Listed by Kuper Sotheby's Int'l Realty
Verified property facts
7301 Creek 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.
7301 Creek Rd is in Downtown Austin, Austin, Texas. See the full [Downtown Austin neighborhood guide](/neighborhoods/downtown-austin) for market data, schools, and lifestyle details.
7301 Creek Rd is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
With 20% down ($155,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 7301 Creek Rd is around $5,442 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Property Details
Features
Lot Features
Fencing
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% ($155K)
$775,000
Luxury property intelligence
A sourced read on Downtown Austin pricing, timing, and property scale. No automated valuation claim.
List price
$775,000
Price per sqft
Not available
Vs. Downtown Austin median
-11.4%
$875K median
Days on market
205 days
Original to current
No verified reduction
$775K original
Active inventory context
Ask for current inventory
Price Position in Downtown Austin
Listed 11% below the Downtown Austin median
Source: MLS Grid / Unlock MLS and Keenan Group review as of May 31, 2026.
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Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
At $775,000, 7301 Creek Rd is in the Downtown Austin market where there are currently 234 active listings in 78620. The Keenan Group has completed 11 transactions in 78620 as part of 1,000+ career sales totaling $1B+ across Austin. For a detailed market analysis, see our [Downtown Austin guide](/neighborhoods/downtown-austin).
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Downtown Austin is one of Austin's established neighborhoods, zoned for Dripping Springs ISD in the 78620 area. The Keenan Group has specialized in Downtown Austin real estate for 25+ years with 1,000+ career transactions. Contact (512) 415-7653 for current market conditions and available homes.
Source: Keenan Group at Compass Real Estate, #1 Austin Board of Realtors Team (2024)
Best Match
Balanced against price, location, and layout so nearby lookalikes rise first. Similar properties in N/A
Neighborhood guide and local insights
Downtown Austin runs from the Colorado River north to the Capitol, bounded by I-35 to the east and Lamar to the west. It is the densest residential market in Central Texas with high-rise condos, historic lofts, and luxury towers concentrated in distinct sub-districts. The Seaholm District anchors the west end with the Seaholm Residences and the new Google tower reshaping the skyline. Rainey Street sits along the lake's north shore - what was a street of bungalow bars is now flanked by 40-story residential towers including 70 Rainey and The Lakeshore. The Warehouse District between 3rd and 6th Streets draws buyers who want walkable nightlife and restaurant access. Congress Avenue bisects downtown and remains the civic spine connecting the Capitol to the lake. The Austonian (56 floors), The Independent (58 floors), and 360 Condominiums are the marquee towers. Newer projects like Sixth & Guadalupe and The Republic continue adding inventory. Price points range from $400K studio condos to $5M+ penthouses with lake and Hill Country views. Walk Score averages 95+. The MetroRail Red Line stops at downtown station. Major employers including the State of Texas, UT Austin, and a growing tech presence (Google, Meta, Apple satellite offices) generate consistent housing demand. Nightlife, dining, live music, and Lady Bird Lake hike-and-bike trail are all within walking distance. Buyers here are typically professionals, empty nesters downsizing from suburban estates, investors, and out-of-state relocations drawn to Austin's urban core. HOA fees range from $400/month in older buildings to $2,000+ in full-service towers. Most buildings include concierge, pool, fitness center, and secure parking.
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Recent sales for market context