Opportunity meets Texas Hill Country charm on 2.744 fully fenced acres just minutes from downtown Dripping Springs. With no HOA and the flexibility for short-term rental use, this unique property offers an exciting opportunity for investors, weekend-home buyers, or anyone looking for a property that can serve as both a personal Hill Country escape and income-producing rental. Behind the gated entrance, heritage oak trees, a seasonal creek, small barn, and chicken coop create the kind of authentic Hill Country experience guests come to Dripping Springs to find. There's room to gather around a firepit, enjoy coffee under the trees, watch the stars at night, or simply escape the pace of the city. The acreage also offers plenty of potential to further enhance the guest experience with outdoor gathering spaces, games, gardens, or other amenities. Inside, the thoughtfully updated home features three bedrooms, a beautifully renovated bath, and an updated kitchen that blends modern convenience with Hill Country character. City water, low tax rates, and no HOA add to the property's appeal. Location is one of the biggest advantages. Just ten minutes from downtown Dripping Springs and convenient to the Hill Country Galleria, the property puts guests close to the area's popular wedding venues, wineries, breweries, restaurants, shopping, and Hill Country attractions while still giving them the privacy and acreage of a true country getaway. Whether you're looking for a dedicated short-term rental, a weekend retreat that can generate income when you're away, or a long-term investment as your primary residence in the growing Dripping Springs area, this property offers a combination that's increasingly hard to find: acreage, privacy, character, convenience, and flexibility. All in the heart of the Texas Hill Country.
Active
$525,000
2591 Spring Valley Dr, Dripping Springs, TX 78620
3beds
1,444sqft
Single Family Residence
Built in 1983
2.74 Acres Lot
$-- Zestimate®
$364/sqft
$-- HOA
What's special
Small barnSeasonal creekHeritage oak treesChicken coopThree bedroomsBeautifully renovated bathGated entrance
- 50 days
- 497
- 36
Zillow last checked:
Listing updated:
Listed by:
Heather Jones heatherjones@magnoliarealty.com,
Magnolia Realty Austin Hill Co (512) 771-4176
Source: Unlock MLS,MLS#: 5606263
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 3
Heating
- Central, Hot Water, Propane
Cooling
- Central Air
Appliances
- Included: Dishwasher, Microwave, Gas Oven, Free-Standing Gas Range, Stainless Steel Appliance(s), Gas Water Heater
Features
- Ceiling Fan(s), Beamed Ceilings, High Ceilings, Double Vanity, Eat-in Kitchen, French Doors, No Interior Steps, Primary Bedroom on Main, Soaking Tub, Stackable W/D Connections, Washer Hookup
- Flooring: Carpet, Tile, Vinyl, Wood
- Windows: None
- Fireplace features: None
Interior area
- Total interior livable area: 1,444 sqft
Video & virtual tour
Property
Parking
- Parking features: Circular Driveway, Outside, RV Access/Parking, Storage
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Front Porch, Patio, Rear Porch
- Exterior features: Lighting, Private Yard
- Pool features: None
- Spa features: None
- Fencing: Electric, Fenced, Livestock, Partial
- Has view: Yes
- View description: Creek/Stream, Hill Country, Panoramic, Trees/Woods
- Has water view: Yes
- Water view: Creek/Stream
- Waterfront features: Dry/Seasonal
Lot
- Size: 2.74 Acres
- Features: Back Yard, Cul-De-Sac, Front Yard, Level, Native Plants, Private, Many Trees, Trees-Medium (20 Ft - 40 Ft), Views
Details
- Additional structures: Barn(s), Poultry Coop, RV/Boat Storage, Shed(s), Storage, See Remarks
- Parcel number: 1180700000147004
- Special conditions: Standard
- Horses can be raised: Yes
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Foundation: Pillar/Post/Pier
- Roof: Composition, Metal
Condition
- Resale
- New construction: No
- Year built: 1983
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Electricity Connected, Internet-Cable, Phone Available, Propane, Sewer Connected, Water Connected
Community & HOA
Community
- Features: None
- Subdivision: Springlake
HOA
- Has HOA: No
Location
- Region: Dripping Springs
Financial & listing details
- Price per square foot: $364/sqft
- Tax assessed value: $845,270
- Annual tax amount: $6,795
- Date on market: 8/6/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/10/2026 | Price change | $525,000-4.5%$364/sqft |
Source: | ||
| 8/6/2026 | Listed for rent | $3,000$2/sqft |
Source: Unlock MLS #8305215 Report a problem | ||
| 7/24/2026 | Listing removed | $3,000$2/sqft |
Source: Unlock MLS #8661686 Report a problem | ||
| 7/3/2026 | Listed for rent | $3,000+27.7%$2/sqft |
Source: Unlock MLS #8661686 Report a problem | ||
| 6/5/2026 | Price change | $550,000-1.8%$381/sqft |
Source: | ||
| 4/23/2026 | Listed for sale | $560,000+6.7%$388/sqft |
Source: | ||
| 5/25/2023 | Sold | -- |
Source: Realty Austin solds #7065475_78620 Report a problem | ||
| 5/4/2023 | Pending sale | $525,000$364/sqft |
Source: | ||
| 5/4/2023 | Contingent | $525,000$364/sqft |
Source: | ||
| 4/21/2023 | Listed for sale | $525,000+133.3%$364/sqft |
Source: | ||
| 1/10/2020 | Listing removed | $2,350$2/sqft |
Source: Realty Austin #6400487 Report a problem | ||
| 12/27/2019 | Listed for rent | $2,350$2/sqft |
Source: Realty Austin #6400487 Report a problem | ||
| 10/21/2014 | Sold | -- |
Source: | ||
| 4/2/2013 | Listing removed | $225,000$156/sqft |
Source: Rose Real Estate #4129303 Report a problem | ||
| 3/1/2013 | Listed for sale | $225,000$156/sqft |
Source: Rose Real Estate #4129303 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2023 | $12,764 +34.4% | $845,270 +51.8% |
| 2022 | $9,496 +17.8% | $556,730 +24.8% |
| 2021 | $8,061 +14.3% | $446,030 +18.3% |
| 2020 | $7,053 +3.8% | $376,980 +6.8% |
| 2019 | $6,795 +36.2% | $352,980 +45.9% |
| 2018 | $4,989 +1.5% | $241,920 -1.9% |
| 2017 | $4,916 +4.2% | $246,500 +9.2% |
| 2016 | $4,717 +31.7% | $225,770 +6.5% |
| 2015 | $3,582 | $211,950 +15.7% |
| 2014 | $3,582 | $183,170 +2.2% |
| 2013 | -- | $179,190 |
| 2012 | -- | $179,190 +2.9% |
| 2011 | -- | $174,140 -2.3% |
| 2010 | -- | $178,190 +10% |
| 2009 | -- | $161,930 +6.5% |
| 2007 | -- | $152,060 +15% |
| 2006 | -- | $132,260 +38.7% |
| 2005 | -- | $95,350 +0.8% |
| 2004 | -- | $94,610 +0.8% |
| 2003 | -- | $93,870 +7% |
| 2002 | -- | $87,730 +1.7% |
| 2001 | -- | $86,250 +20.6% |
| 2000 | -- | $71,530 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 78620
Nearby schools
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.






