5 bed, 3 bath, 3,649 sqft on 30.72 acres in Dripping Springs. Dripping Springs, TX 78620. $2,998,000. Dripping Springs ISD.
There’s a point where space starts to matter more than square footage. Where privacy isn’t a luxury, it’s a requirement. And where the idea of “getting away” no longer means giving anything up. Welcome to one of Dripping Springs’ most compelling opportunities. Set on just over 30 acres of Texas Hill Country, this exceptional property pairs wide-open beauty with a rare level of self-sufficiency, featuring solar power and a 30,000 gallon rainwater collection system that creates an almost off-grid lifestyle without sacrificing comfort or convenience. At the heart of the property sits a beautifully appointed 3,600+ SF residence, thoughtfully positioned to take in the surrounding landscape and designed for everyday living. Expansive windows invite the outdoors in, while nearly 900 square feet of covered patio space becomes a natural extension of the home, perfect for slow mornings, long evenings, and everything in between. Inside, the home offers a versatile layout with a fifth bedroom that can easily function as a secondary living space, private study, fitness room, or guest retreat, creating flexibility that evolves with your needs over time. Outside, rolling terrain, native landscape, and wide-open skies create a sense of freedom that’s increasingly rare, yet this property is anything but remote. Located minutes from the heart of Dripping Springs, you’re within easy reach of top-rated schools, local cafes, breweries, and everyday essentials, striking an ideal balance between seclusion and convenience. Adding to the functionality is a substantial 1,500 square foot barn offering space for equipment, hobbies, storage, or future customization. Offered as a combined 30.72-acre estate, the property also consists of two distinct tracts, presenting the rare ability to envision multiple paths forward.
The wrought-iron gate that opens onto 733 and 701 Dawn View announces what lies beyond: a privately held estate spanning 30.72 acres in Dripping Springs, Dripping Springs. The driveway curves through rolling terrain dotted with native oak and cedar, the landscape deliberately preserved rather than cleared. This isn't raw acreage. It's a manicured country property where every sight line has been considered, where the natural Hill Country topography serves as the frame for intentional living space.
The residence itself sits at 3,649 square feet, built in 2008 with masonry and stucco construction that weathers the Texas seasons. Nearly 900 square feet of covered porches wrap the home, extending the living space outdoors without requiring full climate control. Inside, the open floor plan centers on a kitchen with granite counters, stainless steel appliances, a propane cooktop, and a kitchen island anchoring family gatherings. The primary bedroom sits on the main level alongside five total bedrooms and five bathrooms, offering flexibility that accommodates extended family, office space, fitness rooms, or guest quarters as your needs shift.
The grounds reveal their purpose gradually. Medium-sized trees create pockets of shade across the back and side yards. Native plantings reduce maintenance while reinforcing the Hill Country character. A 1,500-square-foot barn provides equipment storage, workshop space, or room for hobby pursuits. The rolling slope of the property naturally separates living zones and creates privacy that neighboring subdivisions cannot replicate.
The property's structure as two distinct tracts opens strategic possibilities. You can operate this as a single unified estate, or the configuration allows for future development of a second residence while maintaining the primary home and its grounds. Few properties in the Dripping Springs ISD area offer this flexibility at 30.72 acres.
Location matters here. You're minutes from Dripping Springs schools and the downtown corridor with its breweries and local cafes, yet the property sits removed from traffic and density. The commute to major Austin employers remains manageable for those splitting time between Hill Country and the city. At $877 per square foot for the main residence, the pricing reflects both the buildable land and the established home ready for immediate occupancy.
This combines the privacy and land ownership that define Hill Country living with the infrastructure and school access that make daily life functional. The property answers a specific question: how do you own significant acreage while staying connected to community?
Keenan Luxury Market Index: $2M-$3M single-family homes across the Austin area sold at a median $601 per sq ft over the trailing 12 months (379 sales), as of October 15, 2026.
Verified property facts
733 and 701 Dawn VW is listed at $2,998,000 with 5 bedrooms, 3 full, 2 half bathrooms, 3,649 square feet, 30.72-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 15, 2026).
733 and 701 Dawn VW is zoned for Dripping Springs ISD with assigned schools: Dripping Springs (elementary), Dripping Springs Middle (middle), Dripping Springs (high). School assignments should be verified directly with the district.
733 and 701 Dawn VW is a Farm built in 2008 featuring 5 bedrooms, 3 full, 2 half bathrooms, 3,649 square feet, 30.72-acre lot.
The most recent annual property tax for 733 and 701 Dawn VW is $28,019. 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.
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Listing information last updated July 9, 2026.
Listed by Moreland Properties
MLS# 1538986 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
2 records on file
Every recorded listing, sale, and lease at 733 and 701 Dawn VW, 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.
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($600K)
Adjustable assumption - not a lending recommendation.
$2,998,000
Luxury property intelligence
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List price
$2,998,000
Price per sqft
$822/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
196 days
Original to current
$201K reduction
$3.2M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.
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This page does not assume a mortgage rate or publish a monthly payment for 733 and 701 Dawn VW. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Oct 15, 2026, 733 and 701 Dawn VW is offered at $2,998,000. The current MLS snapshot shows 233 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.
Homes sold by Keenan Group.
2 events on record
Current Price
$2,998,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
| Address | Offered At |
|---|---|
| 380 Waters Edge Cv | $2.58M |
Car-Dependent
N/A
Somewhat Bikeable
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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