Located in the heart of downtown Dripping Springs, this beautifully crafted Tejas Heritage home offers a rare combination of timeless design, exceptional quality, and unbeatable walkability. Whether you're searching for a full-time residence, weekend getaway, or income-producing short-term rental, this property checks every box. Enjoy being just steps from Pig Pen BBQ, Rolling in Thyme & Dough, boutique shopping along Mercer Street, live music at Hudson's on Mercer, and only minutes from H-E-B, Home Depot, and all that Dripping Springs has to offer. Thoughtfully designed with aging-in-place principles, the home features ADA-friendly elements that provide comfort, accessibility, and long-term livability without sacrificing style. Built by the highly respected Tejas Heritage Homes, it showcases quality craftsmanship and thoughtful architectural details throughout. The inviting outdoor living spaces are perfect for entertaining, featuring covered front and back porches and a beautiful outdoor fireplace overlooking the private backyard. A detached upstairs apartment with its own private entrance, kitchenette, and full bathroom provides incredible flexibility for guests, multigenerational living, a home office, or additional rental income. Currently operating as a successful short-term rental, this property offers immediate investment potential while also presenting a unique opportunity for future commercial use. The property is currently working with the City of Dripping Springs toward potential commercial zoning, making it an excellent option for a boutique medical, dental, or professional office (buyer to independently verify zoning and permitted uses). Whether you're looking to invest, live, work, or enjoy the best of downtown Dripping Springs, opportunities like this are exceptionally rare. Main Home is 1657 square feet (3 BED I 2 Bath) and Garage Apartment is 576 square feet (1 Bed I 1 Bath)
Active
$850,000
315 Hays St, Dripping Springs, TX 78620
4beds
1,933sqft
Single Family Residence
Built in 2008
0.3 Acres Lot
$-- Zestimate®
$440/sqft
$-- HOA
What's special
Private backyardQuality craftsmanshipInviting outdoor living spacesBeautiful outdoor fireplaceAda-friendly elementsThoughtful architectural details
- 72 days
- 372
- 22
Zillow last checked:
Listing updated:
Listed by:
Heather Jones heatherjones@magnoliarealty.com,
Magnolia Realty Austin Hill Co (512) 771-4176
Source: Unlock MLS,MLS#: 2737840
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
- Main level bedrooms: 3
Bonus room
- Level: Second
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Central, Fireplace(s)
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Built-In Electric Range, Microwave, Refrigerator, Washer/Dryer
Features
- Breakfast Bar, Beamed Ceilings, Open Floorplan, Pantry, Recessed Lighting
- Flooring: Concrete
- Windows: Plantation Shutters, Screens
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total interior livable area: 1,933 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Garage
- Garage spaces: 2
Accessibility
- Accessibility features: Accessible Closets, Accessible Doors, Accessible Entrance, Accessible Full Bath, Accessible Hallway(s), Lower Fixtures
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Front Porch, Patio, Rear Porch
- Exterior features: Basketball Court, Private Entrance
- Pool features: None
- Fencing: Full, Wood
- Has view: Yes
- View description: City
- Waterfront features: None
Lot
- Size: 0.3 Acres
- Features: City Lot, Sprinkler - In-ground
Details
- Additional structures: See Remarks, Guest House, Residence
- Parcel number: 1114550300001004
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Foundation: Slab
- Roof: Metal
Condition
- Resale
- New construction: No
- Year built: 2008
Details
- Builder name: Tejas Heritage LLC.
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Internet-Cable, Phone Available, Sewer Connected, Water Connected
Community & HOA
Community
- Features: None
- Subdivision: W T Chapman #3
HOA
- Has HOA: No
Location
- Region: Dripping Springs
Financial & listing details
- Price per square foot: $440/sqft
- Tax assessed value: $572,898
- Annual tax amount: $10,667
- Date on market: 7/27/2026
- Listing terms: Cash,Conventional,VA Loan
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/27/2026 | Listed for sale | $850,000$440/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,668 +4% | $572,898 -2.6% |
| 2024 | $10,253 +6.1% | $588,070 +2.4% |
| 2023 | $9,662 +35.3% | $574,470 +51.5% |
| 2022 | $7,143 +4.4% | $379,240 +10.7% |
| 2021 | $6,841 +5.5% | $342,500 +8.9% |
| 2020 | $6,484 -1.3% | $314,620 +3% |
| 2019 | $6,568 +1.2% | $305,440 +6% |
| 2018 | $6,489 +2.2% | $288,100 +2.7% |
| 2017 | $6,348 +6.6% | $280,440 +6.4% |
| 2016 | $5,956 +11.5% | $263,610 +5.5% |
| 2015 | $5,343 | $249,820 +5.8% |
| 2014 | $5,343 | $236,050 +3.4% |
| 2013 | -- | $228,390 |
| 2012 | -- | $228,390 |
| 2011 | -- | $228,390 |
| 2010 | -- | $228,390 -2.6% |
| 2009 | -- | $234,520 +219.6% |
| 2007 | -- | $73,390 -15.8% |
| 2006 | -- | $87,160 +4% |
| 2005 | -- | $83,820 +1.3% |
| 2004 | -- | $82,710 +1.4% |
| 2003 | -- | $81,600 |
| 2002 | -- | $81,600 +2.8% |
| 2001 | -- | $79,380 +10% |
| 2000 | -- | $72,140 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 78620
Nearby schools
Schools provided by the listing agent
- Elementary: Walnut 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.




