— bed, — bath on 16.62 acres in Dripping Springs. Dripping Springs, TX 78620. $1,799,999. Dripping Springs ISD.
About This Home
Nestled just outside the charming town of Dripping Springs, this pristine piece of land offers the perfect blend of privacy and natural beauty, making it the ideal setting for a horse ranch, family compound, or your forever home. Located in the heart of the Hill Country, this unrestricted property boasts breathtaking panoramic views that stretch across rolling hills and valleys.
The land features serene creek frontage, offering a peaceful escape and endless possibilities for outdoor activities. Whether you’re looking to build your dream home or create a private estate, this quiet, secluded location provides the perfect backdrop for peaceful living in nature.
With ample space and the freedom to design as you wish, this property is a rare gem that promises tranquility and endless potential. Don’t miss your chance to own a slice of Hill Country paradise.
At 16.62 acres, 900 Lost Valley Rd delivers a scale that is getting harder to find in Dripping Springs and the broader Dripping Springs market. Set in Dripping Springs, TX 78620 in Hays County, 900 Lost Valley Rd is priced at $1.88 million, which works out to about $2.60 per square foot of land, or roughly $113,000 per acre.
This is a Land - Multiple Lots (Adjacent) offering, so the value is in flexibility, topography, and usable space rather than bedroom count or interior finish level. There is no existing residence, which is why bed, bath, square footage, and year built are not the story here. The story is land. Buyers looking for a custom estate site, a family compound setup, or a long-view hold in the Dripping Springs path of growth will understand the appeal quickly. With 198 days on market, this is the kind of property that gives serious buyers time to study access, utilities, building envelopes, and the best way to use the acreage.
Living at 900 Lost Valley Rd means trading density for room, views, and a quieter daily rhythm while still staying connected to the places that matter in Dripping Springs. Mercer Street anchors the town center with local restaurants, boutiques, and community events. Dripping Springs Ranch Park is a major draw for equestrian events, youth sports, and large gatherings. US-290 and Ranch Road 12 are the roads that shape daily movement here, whether you are heading into central Dripping Springs, toward Bee Cave, or back east toward Austin job centers.
For families, the school draw is real. The property is in Dripping Springs ISD, one of the biggest reasons buyers target this area. The listed campuses are Dripping Springs for elementary, Dripping Springs Middle, and Dripping Springs for high school, which aligns with the local expectation that school access remains a core part of long-term value in this part of Hays County. When people ask what it is like to live here, the answer starts with more land, more privacy, and a stronger connection to the Hill Country landscape than you can get on a standard neighborhood lot.
Dripping Springs has the kind of setting buyers want when they move west of Austin: open ground, natural beauty, and enough separation to make the property feel like a retreat without cutting yourself off from Dripping Springs entirely. For the buyer who wants to build with intention, 900 Lost Valley Rd offers both a better daily lifestyle now and solid long-term upside as Dripping Springs continues to mature.
The numbers behind this insight
- Offered at
- $1,799,999
- Listed
- August 30, 2025
- Price changes
- Reduced, down 4% from $1,875,000
- Property Type
- Land
- Lot Size
- 16.62 acres
Listing information last updated September 24, 2026.
Listed by The Real Estate Ranch LLC
MLS# 3934022 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Exterior & Lot
- Agricultural
- Greenbelt
- Cleared
- Public Maintained Road
- Rolling Slope
- Sloped Down
- Trees-Heavy
- Many Trees
- Trees-Medium (20 Ft - 40 Ft)
- Views
- Waterfall
- Lot Size
- 16.62 Acres
- Creek
Financial
- Original List Price
- $1,875,000
Utilities
- Electricity Available
- Sewer
- Septic Needed
Transaction History
2 records on file
Every recorded listing, sale, and lease at 900 Lost Valley RD, whoever represented it.
- ActiveListed 2025Current price: $1,799,999Original list: $1,875,000MLS 3934022
- Price changed · July 27, 2026$1,799,999
- WithdrawnListed 2012Current price: $394,000Original list: $450,000MLS 4387295
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Explore this area
Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $1,799,999
- Original list
- $1,875,000
- Price movement
- $75K reduction
- Listed / DOM
- Aug 30, 2025 · 411 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $14,720
- Assessment Year
- 2025
- Parcel ID
- 11-5070-0001-008C0-4
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $14,720 | $656,880 | — |
Zoned Schools & District Context
Dripping Springs
Dripping Springs Middle
Rooster Springs Elementary
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% ($360K)
Adjustable assumption - not a lending recommendation.
$1,799,999
Luxury property intelligence
Keenan Market Position
A sourced read on Dripping Springs pricing, timing, and property scale. No automated valuation claim.
List price
$1,799,999
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
411 days
Original to current
$75K reduction
$1.9M 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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78620 ZIP Guide
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