Perched gently atop a hill on a quiet circle street, this soft farmhouse in Headwaters captures the essence of serene Hill Country living in Dripping Springs, TX. From the moment you arrive, there’s a sense of calm—wide skies, rolling hills, and a welcoming community that feels both connected and private. This coveted, custom-built section of Headwaters is at the top of the hill of this gorgeous community, where lots are larger and the views are vast. Set on an oversized corner lot and backing to peaceful greenspace, this five-bedroom home offers rare privacy with no neighbors behind, creating a backyard retreat where mornings begin with coffee and views, and evenings wind down under open Texas skies. Inside, tall ceilings and grand yet inviting spaces strike a balance between openness and warmth. The main living area, anchored by a fireplace, flows effortlessly into the kitchen and dining spaces, all framed by relaxing greenbelt views. Designed for both everyday living and flexibility, the home features a true guest suite, a dedicated office, and three separate living areas—perfect for gathering, working, or simply spreading out. Upstairs, a spacious second living room is surrounded by generously sized bedrooms, while the primary suite offers a spa-like escape with room for a private sitting area. Life in Headwaters means more than just a beautiful home—it’s a lifestyle. Residents enjoy access to resort-style amenities including a pool, splash pad, scenic trails, fitness center, gathering pavilion, and a charming WiFi cafe; with fresh coffee. Located within the highly sought-after Dripping Springs ISD, with access to top-rated, award-winning schools and a brand-new campus, this home offers both tranquility and opportunity. For buyers searching for homes in Dripping Springs TX, The Hilltop at Headwaters is where natural beauty, thoughtful design, and vibrant community come together in one unforgettable place.
Active
Price cut: $52K (5/2)
$998,000
202 Smoke Tree Cir, Dripping Springs, TX 78620
5beds
3,632sqft
Single Family Residence
Built in 2022
0.3 Acres Lot
$-- Zestimate®
$275/sqft
$124/mo HOA
What's special
Dedicated officeBackyard retreatGrand yet inviting spacesRelaxing greenbelt viewsOversized corner lotTrue guest suiteTall ceilings
- 76 days |
- 179 |
- 5 |
Zillow last checked:
Listing updated:
Listed by:
Abby Alwan (512) 924-7548,
Compass RE Texas, LLC (512) 575-3644
Source: Unlock MLS,MLS#: 5153466
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
- Main level bedrooms: 1
Heating
- Central, Fireplace(s)
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Gas Cooktop, Microwave, Free-Standing Electric Oven, RNGHD, Stainless Steel Appliance(s)
Features
- Double Vanity, French Doors, High Speed Internet, Kitchen Island, Recessed Lighting, Pantry, Walk-In Closet(s), Smart Home, Smart Thermostat, Soaking Tub, Electric Dryer Hookup, Multiple Living Areas, Multiple Dining Areas, Washer Hookup, Study/Home Office
- Flooring: Carpet, Wood
- Windows: Double Pane Windows, Insulated Windows, Screens, Vinyl Windows
- Number of fireplaces: 1
- Fireplace features: Gas Log
Interior area
- Total interior livable area: 3,632 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Deck, Garage, Garage Door Opener, Garage Faces Front
- Garage spaces: 2
Accessibility
- Accessibility features: Hand Rails
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Patio
- Exterior features: Gutters Full
- Pool features: None
- Fencing: Wood, Wrought Iron
- Has view: Yes
- View description: Hill Country
- Waterfront features: None
Lot
- Size: 0.3 Acres
- Features: Back to Park/Greenbelt, Cul-De-Sac, Front Yard, Level, Sprinkler - Automatic, Views
Details
- Additional structures: None
- Parcel number: 113723000F022004
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Foundation: Slab
- Roof: Composition, Shingle
Condition
- Resale
- New construction: No
- Year built: 2022
Details
- Builder name: Homebound
Utilities & green energy
- Sewer: Municipal Utility District (MUD), Public Sewer
- Water: Municipal Utility District (MUD), Public
- Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected
Community & HOA
Community
- Features: BBQ Pit/Grill, Clubhouse, Cluster Mailbox, Common Grounds, Courtyard, Dog Park, Park, Pet Amenities, Picnic Area, Playground, Pool
- Subdivision: Headwaters At Barton Creek Ph 2
HOA
- Has HOA: Yes
- Services included: Common Area Maintenance, Maintenance Grounds, See Remarks
- HOA fee: $372 quarterly
- HOA name: Headwaters HOA
Location
- Region: Dripping Springs
Financial & listing details
- Price per square foot: $275/sqft
- Tax assessed value: $790,000
- Date on market: 4/10/2026
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/2/2026 | Price change | $998,000-5%$275/sqft |
Source:  Unlock MLS #5153466 Report a problem | ||
| 4/10/2026 | Listed for sale | $1,050,000+7.7%$289/sqft |
Source: Unlock MLS #5153466 Report a problem | ||
| 5/26/2023 | Listing removed | -- |
Source: Unlock MLS #3878086 Report a problem | ||
| 4/27/2023 | Contingent | $975,000$268/sqft |
Source: Unlock MLS #3878086 Report a problem | ||
| 2/28/2023 | Price change | $975,000-11.4%$268/sqft |
Source: Unlock MLS #3878086 Report a problem | ||
| 12/9/2022 | Listed for sale | $1,100,000-10.2%$303/sqft |
Source: Unlock MLS #3878086 Report a problem | ||
| 1/3/2022 | Listing removed | $1,225,000$337/sqft |
Source:  GAMLS #9076383 Report a problem | ||
| 11/2/2021 | Listed for sale | $1,225,000+301.6%$337/sqft |
Source: GAMLS #9076383 Report a problem | ||
| 4/13/2021 | Listing removed | -- |
Source: Unlock MLS #6965483 Report a problem | ||
| 2/19/2021 | Listed for sale | $305,000$84/sqft |
Source: Unlock MLS #6965483 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $790,000 -14.6% |
| 2024 | $22,798 -10.1% | $925,230 -12.1% |
| 2023 | $25,368 +625.2% | $1,052,620 +684.1% |
| 2022 | $3,498 +29.5% | $134,250 +34.6% |
| 2021 | $2,701 -2.3% | $99,750 |
| 2020 | $2,764 | $99,750 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 78620
Nearby schools
GreatSchools rating
- 9/10Dripping Springs Elementary SchoolGrades: PK-5Distance: 2.5 mi
- 8/10Dripping Springs Middle SchoolGrades: 6-8Distance: 4.4 mi
- 7/10Dripping Springs High SchoolGrades: 9-12Distance: 3.5 mi
Schools provided by the listing agent
- Elementary: Dripping Springs
- Middle: Dripping Springs Middle
- High: Dripping Springs
- District: Dripping Springs ISD
Source: Unlock MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Texas
- Hays County
- Dripping Springs
- 78620
- 202 Smoke Tree Cir
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