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  • $850,000

    315 Hays St, Dripping Springs, TX 78620

    4beds
    1,933sqft
    : 
    $5,905/mo
    Get pre-qualified
    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
    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)
    25 days
    |
    869
    |
    46
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Heather Jones heatherjones@magnoliarealty.com,

    Magnolia Realty Austin Hill Co (512) 771-4176

    Source: Unlock MLS,MLS#: 2737840MLS Logo

      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

        DateEventPrice
        7/27/2026Listed for sale$850,000$440/sqft
        Source: Unlock MLS #2737840 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $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.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 78620

        Getting around

        55 / 100
        Somewhat Walkable
        40 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

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