— bed, — bath on 17.07 acres in Dripping Springs. Dripping Springs, TX 78620. $2,750,000. Dripping Springs ISD.
About This Home
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.
The numbers behind this insight
- Offered at
- $2,750,000
- Listed
- June 3, 2026
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 (383 sales), as of October 21, 2026.
- Property Type
- Land
- Lot Size
- 17.07 acres
Listing information last updated September 21, 2026.
Listed by Keller Williams Realty
MLS# 4375514 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Exterior & Lot
- Greenbelt
- Level
- Many Trees
- Lot Size
- 17.07 Acres
Financial
- Original List Price
- $2,750,000
Utilities
- Cable Available
- Electricity Available
- Natural Gas Available
- Sewer Not Available
- Water Source
- Private
- Sewer
- Septic Needed
Transaction History
1 record on file
Every recorded listing, sale, and lease at TBD Founders Park RD, whoever represented it.
- ActiveListed 2026Current price: $2,750,000Original list: $2,750,000MLS 4375514
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.
- Current list
- $2,750,000
- Original list
- $2,750,000
- Price movement
- No verified reduction
- Listed / DOM
- Jun 3, 2026 · 141 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $2,333,720
- Assessment Year
- 2025
- Parcel ID
- 10-0415-0033-00005-4
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $2,333,720 | $2,333,720 | — |
Zoned Schools
Dripping Springs
Dripping Springs Middle
Walnut Springs
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% ($550K)
Adjustable assumption - not a lending recommendation.
$2,750,000
Luxury property intelligence
Keenan Market Position
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
141 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 15, 2026.
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