
— bed, — bath on 17.07 acres in Dripping Springs. Dripping Springs, TX 78620. $2,750,000. Dripping Springs ISD.
Great opportunity for a developer or sports club to purchase 17+ acres adjacent to Founder Park in Dripping Springs. The other 3 sides of the property are surrounded by single family homes with 2 access roads. On the Founders Park side is a trail and skate park. Develop yourself or park your money in this one and wait for future increased development uses. Currently the property is approved for a minimum .5 acre home site on septic or a sports facility. Potential for 18 single family residences or 6 full side soccer/football fields and approximately 150 parking spots. Must see this opportunity for yourself.
Seventeen acres of open Texas Hill Country land in Dripping Springs presents the kind of rare opportunity that comes down to one fundamental choice: build your vision or let the land appreciate while you wait. The parcel sits in Dripping Springs, directly adjacent to Founders Park, where a public trail system and skate park define the eastern boundary of your property. This location matters. You're positioned where Dripping Springs is actively expanding infrastructure, and the demand for both residential and recreational development keeps climbing.
The land itself is the draw. Level terrain dotted with native trees creates a canvas that works equally well for a single luxury estate on minimum .5-acre septic approval, a sports facility operation, or a 18-lot residential subdivision if you choose the development route. The property has dual road access, with surrounding single-family homes anchoring three sides, which means your project isn't an isolated venture but part of an established residential corridor within Dripping Springs ISD. Walnut Springs Elementary, Dripping Springs Middle, and Dripping Springs High School all serve this area, making family living a natural fit for any residential buildout.
What makes this holding genuinely strategic is the flexibility. Today's approval structure allows six full-size soccer or football fields with approximately 150 parking spaces, positioning the land for athletic complex development as youth sports infrastructure continues to squeeze available acreage in the Austin metro region. The greenbelt designation protects the character of the surrounding neighborhood while the level topography eliminates the grading costs that plague steeper Hill Country properties.
Founders Park proximity is no small detail. That public amenity system and the trail infrastructure immediately adjacent to your property create a natural gathering point. Kids walk to the skate park. Families use the trails. Your land isn't sitting isolated on the edge of development; it's integrated into how this community actually lives.
The financial angle breaks two ways. Price a developed residential community at today's $2.75M for 17.07 acres, then project the per-unit economics of 18 homes. Or hold this land while Dripping Springs ISD enrollment continues climbing and commercial recreation demand accelerates. Either path rewards patience and planning.
This is Texas Hill Country land where the horizon runs unbroken and the potential compounds every year.
Verified property facts
TBD Founders Park RD is listed at $2,750,000 with 0 bedrooms, 17.07-acre lot. This places it above the ZIP 78620 single-family closed-sale median price of $867,000 (ZIP 78620 geography · single-family closed sales · median sale price · trailing 12 months as of Oct 1, 2026).
TBD Founders Park 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.
TBD Founders Park RD is listed by Keller Williams Realty. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Oct 2, 2026.
This page does not assume a mortgage rate or publish a monthly payment for TBD Founders Park RD. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
2 records on file
Every recorded listing, sale, and lease at TBD Founders Park RD, 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. Ratings from GreatSchools.org.
20% ($550K)
Adjustable assumption - not a lending recommendation.
$2,750,000
Luxury property intelligence
A sourced read on Dripping Springs pricing, timing, and property scale. No automated valuation claim.
List price
$2,750,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
121 days
Original to current
No verified reduction
$2.8M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 2, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
District guide, nearby schools, and homes by attendance area
Private Austin CMA, TCAD context, and pricing strategy
Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
As of Oct 2, 2026, TBD Founders Park RD is offered at $2,750,000. 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.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
| Address | Offered At |
|---|---|
| 306 Saddlehorn Dr | $1.40M |
| 380 Waters Edge Cv | $2.58M |
Best Match
Balanced against price, location, and layout so nearby lookalikes rise first. Similar properties in Dripping Springs
Active listings near TBD Founders Park RD
Recent sales for market context