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  • $525,000

    2591 Spring Valley Dr, Dripping Springs, TX 78620

    3beds
    1,444sqft
    : 
    $3,860/mo
    Get pre-qualified
    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
    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.
    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#: 5606263MLS Logo

      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

        DateEventPrice
        9/10/2026Price change$525,000-4.5%$364/sqft
        Source: Unlock MLS #5606263 Report a problem
        8/6/2026Listed for rent$3,000$2/sqft
        Source: Unlock MLS #8305215 Report a problem
        7/24/2026Listing removed$3,000$2/sqft
        Source: Unlock MLS #8661686 Report a problem
        7/3/2026Listed for rent$3,000+27.7%$2/sqft
        Source: Unlock MLS #8661686 Report a problem
        6/5/2026Price change$550,000-1.8%$381/sqft
        Source: Unlock MLS #8255177 Report a problem
        4/23/2026Listed for sale$560,000+6.7%$388/sqft
        Source: Unlock MLS #8255177 Report a problem
        5/25/2023Sold--
        Source: Realty Austin solds #7065475_78620 Report a problem
        5/4/2023Pending sale$525,000$364/sqft
        Source: Realty Austin #7065475 Report a problem
        5/4/2023Contingent$525,000$364/sqft
        Source: Unlock MLS #7065475 Report a problem
        4/21/2023Listed for sale$525,000+133.3%$364/sqft
        Source: Unlock MLS #7065475 Report a problem
        1/10/2020Listing removed$2,350$2/sqft
        Source: Realty Austin #6400487 Report a problem
        12/27/2019Listed for rent$2,350$2/sqft
        Source: Realty Austin #6400487 Report a problem
        10/21/2014Sold--
        Source: LERA MLS #1077420 Report a problem
        4/2/2013Listing removed$225,000$156/sqft
        Source: Rose Real Estate #4129303 Report a problem
        3/1/2013Listed for sale$225,000$156/sqft
        Source: Rose Real Estate #4129303 Report a problem

        Public tax history

        YearProperty taxesTax 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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        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.
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        Climate risks

        Neighborhood: 78620

        Getting around

        0 / 100
        Car-Dependent
        21 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

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