Pending

$1,149,900

396 Waters View Ct, Dripping Springs, TX 78620

5beds

4,771sqft

$7,897/mo

Get pre-qualified

Single Family Residence

Built in 2026

0.65 Acres Lot

$1,505,300 Zestimate^®

$241/sqft

$125/mo HOA

What's special

High ceilingsFormal dining roomSpacious home officeLight-filled breakfast roomAmple serving islandLarge walk-in closetExpansive family room

MLS# - Built by Drees Custom Homes - Sep 2026 completion! ~ New 5 Bedroom, 4.5 Bath home in Dripping Springs, TX! High ceilings, arches and niches characterize the Colinas II, lending it a graceful elegance. From the foyer you pass a formal dining room and a spacious home office, a perfect arrangement for entertaining clients or guests. An expansive family room is matched by the trendy outdoor living area, each having a cozy fireplace. The deluxe gourmet kitchen features a brilliant working pantry connecting to the dining room as well as an ample serving island, walk-in pantry, and light-filled breakfast room. The combination of the laundry room and family foyer makes a handy family ready room. Bedrooms flank this main-level living space: a second bedroom suite on one side, and on the other, the immense primary suite with its large walk-in closet and breathtaking luxury tub and glass shower pairing. Upstairs, there are three roomy bedrooms along with a gameroom and media space.

123 days

21

0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 5
Full bathrooms: 4
1/2 bathrooms: 1
Main level bedrooms: 2

Primary bedroom

Features: Tray Ceiling(s), Walk-In Closet(s)
Level: First

Primary bathroom

Features: Double Vanity, Full Bath, Soaking Tub, Separate Shower, Walk-in Shower
Level: First

Dining room

Features: Dining Area
Level: First

Game room

Level: Second

Kitchen

Features: Kitchn - Breakfast Area, Breakfast Bar, Pantry, Kitchen Island, Quartz Counters, Dining Area, Eat-in Kitchen, Gourmet Kitchen, Open to Family Room, Tray Ceiling(s), Vaulted Ceiling(s)
Level: Main

Laundry

Level: Main

Living room

Level: First

Media room

Level: Second

Office

Level: First

Heating

Central, Natural Gas, Zoned

Cooling

Ceiling Fan(s), Central Air, Zoned

Appliances

Included: Built-In Oven(s), Built-In Range, Cooktop, Dishwasher, Disposal, Exhaust Fan, Gas Cooktop, Microwave, Oven, Self Cleaning Oven, Stainless Steel Appliance(s), Vented Exhaust Fan, Gas Water Heater, Tankless Water Heater

Features

Ceiling Fan(s), High Ceilings, Double Vanity, Eat-in Kitchen, Entrance Foyer, French Doors, Kitchen Island, Multiple Dining Areas, Multiple Living Areas, Open Floorplan, Pantry, Primary Bedroom on Main, Smart Home, Smart Thermostat, Storage, Study/Home Office, Walk-In Closet(s), Washer Hookup, Wired for Data, Wired for Sound
Flooring: Carpet, Tile, Wood
Windows: Double Pane Windows, Insulated Windows, Screens, Vinyl Windows
Number of fireplaces: 1
Fireplace features: Family Room, Gas, Gas Starter, Great Room, Living Room, Masonry

Interior area

Total interior livable area: 4,771 sqft

Property

Parking

Total spaces: 3
Parking features: Attached, Concrete, Driveway, Garage Door Opener
Attached garage spaces: 3

Accessibility

Accessibility features: None

Features

Levels: Two
Stories: 2
Patio & porch: Covered, Rear Porch
Exterior features: Lighting, Private Yard
Pool features: None
Fencing: Wood, Wrought Iron
Has view: Yes
View description: None
Waterfront features: None

Lot

Size: 0.65 Acres
Features: Back to Park/Greenbelt, Back Yard, Close to Clubhouse, Cul-De-Sac, Curbs, Few Trees, Front Yard, Interior Lot, Public Maintained Road, Sprinkler - Automatic, Sprinkler - Back Yard, Sprinkler - Drip Only/Bubblers, Sprinklers In Front, Sprinkler - In-ground, Sprinkler-Manual, Sprinkler - Partial, Sprinkler - Rain Sensor, Sprinkler - Side Yard

Details

Additional structures: None
Parcel number: R147762
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Foundation: Slab
Roof: Composition, Shingle

Condition

Under Construction
New construction: No
Year built: 2026

Details

Builder name: Drees Custom Homes

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Electricity Available, Phone Available, Sewer Connected, Underground Utilities, Water Connected

Community & HOA

Community

Features: Clubhouse, Cluster Mailbox, Common Grounds, Dog Park, Fishing, Park, Pet Amenities, Planned Social Activities, Playground
Subdivision: Caliterra - 100'

HOA

Has HOA: Yes
Services included: Common Area Maintenance
HOA fee: $1,500 annually
HOA name: Caliterra HOA

Location

Region: Dripping Springs

Financial & listing details

Price per square foot: $241/sqft
Tax assessed value: $747,998
Date on market: 4/16/2026
Listing terms: Cash,Conventional,FMHA (Fannie Mae),USDA Loan
Electric utility on property: Yes

Estimated market value

$1,505,300

$1.32M - $1.72M

$7,984/mo

Price history

Date	Event	Price
5/11/2026	Pending sale	$1,149,900$241/sqft
Source: Unlock MLS #5929659 Report a problem
4/16/2026	Listed for sale	$1,149,900$241/sqft
Source: Drees Homes Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$747,998 +360%
2024	$4,007 +2.2%	$162,623 +0%
2023	$3,919 +13.8%	$162,620 +23%
2022	$3,444 +50.8%	$132,190 +56.7%
2021	$2,284 +54.3%	$84,380 +57.9%
2020	$1,481 -3.1%	$53,440
2019	$1,529 -3.4%	$53,440
2018	$1,583 -25.3%	$53,440 -25%
2017	$2,119 +35.2%	$71,250 -5%
2016	$1,567	$75,000