The Looking Glass is a rare opportunity to own a modern single-story home in the gated Caliterra community of Dripping Springs, Texas. Overlooking Onion Creek and a protected greenbelt, this limestone-and-steel residence combines striking architectural design with resort-style amenities and an unbeatable location in the Texas Hill Country.
Caliterra is one of Dripping Springs’ most sought-after neighborhoods, known for its large homesites, luxury custom homes, scenic trails, and peaceful natural setting. Located within Dripping Springs ISD, the community offers the perfect balance of Hill Country beauty and city convenience, just 25 minutes from Austin and close to local wineries, breweries, and dining.
Walls of glass and soaring 25-foot ceilings fill the interiors with natural light while framing panoramic views of the surrounding landscape. The chef’s kitchen features quartz countertops, rift white oak cabinetry, a full catering kitchen, and a wine bar with dual wine columns, creating an ideal space for both everyday living and entertaining. The private primary suite captures views of the pool and preserve and includes vaulted ceilings, a spa-style bath, and a custom walk-in closet. A separate private-entry suite can serve as a guest casita, media room, or home office, providing flexibility to fit your lifestyle.
Retractable screens extend indoor-outdoor living spaces for year-round comfort. Outside, a covered porch with a wood-burning fireplace overlooks the resort-style pool, Onion Creek, and the surrounding preserve. This is a rare chance to purchase a move-in-ready modern luxury home in Caliterra without the wait of new construction, offering privacy, views, and architectural distinction at a competitive price in one of the most desirable gated communities in the Texas Hill Country.
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420 Waters Edge Cv, Dripping Springs, TX 78620
5beds
4,286sqft
Single Family Residence
Built in 2022
0.48 Acres Lot
$1,581,200 Zestimate®
$--/sqft
$6,957 Estimated rent
Home value
$1,581,200
$1.47M - $1.71M
$6,957/mo
Zestimate® history
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Source: Kuper Sotheby's International Realty,MLS#: 3636098
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Cooling
- Has cooling: Yes
Features
- Flooring: Hardwood
- Has basement: No
Interior area
- Total structure area: 4,286
- Total interior livable area: 4,286 sqft
Property
Parking
- Total spaces: 3
- Parking features: Attached Garage
- Has attached garage: Yes
Lot
- Size: 0.48 Acres
Details
- Parcel number: 111081000E035004
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Stone
Condition
- Year built: 2022
- Major remodel year: 2022
Community & HOA
Location
- Region: Dripping Springs
Financial & listing details
- Tax assessed value: $1,500,000
- Date on market: 2/28/2025
- Lease term: Contact For Details
Price history
| Date | Event | Price |
|---|---|---|
| 10/23/2025 | Sold | -- |
Source: Agent Provided Report a problem | ||
| 10/15/2025 | Pending sale | $1,999,000$466/sqft |
Source: Kuper Sotheby's International Realty #3636098 Report a problem | ||
| 10/2/2025 | Contingent | $1,999,000$466/sqft |
Source: | ||
| 8/12/2025 | Price change | $1,999,000-7%$466/sqft |
Source: | ||
| 6/19/2025 | Price change | $2,149,000-4.4%$501/sqft |
Source: | ||
| 5/30/2025 | Price change | $2,249,000-8.2%$525/sqft |
Source: | ||
| 4/16/2025 | Price change | $2,450,000-5.7%$572/sqft |
Source: | ||
| 2/28/2025 | Listed for sale | $2,599,000+1268%$606/sqft |
Source: Kuper Sotheby's International Realty #NOMLSID Report a problem | ||
| 3/3/2021 | Listing removed | -- |
Source: | ||
| 11/25/2020 | Pending sale | $189,990$44/sqft |
Source: | ||
| 6/2/2019 | Price change | $189,990-2%$44/sqft |
Source: AustinRealEstate.com #2625102 Report a problem | ||
| 4/30/2019 | Listed for sale | $193,900$45/sqft |
Source: AustinRealEstate.com #2625102 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $1,500,000 -1% |
| 2024 | $36,167 +0.3% | $1,514,814 -1.9% |
| 2023 | $36,053 +570.9% | $1,543,923 +648.6% |
| 2022 | $5,374 +4.5% | $206,250 +8.6% |
| 2021 | $5,144 +20% | $189,990 +22.8% |
| 2020 | $4,286 -3.1% | $154,690 |
| 2019 | $4,425 -3.4% | $154,690 |
| 2018 | $4,582 +144.6% | $154,690 +145.5% |
| 2017 | $1,873 +19.5% | $63,000 -16% |
| 2016 | $1,567 | $75,000 |
Find assessor info on the county website
Neighborhood: 78620
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Nearby schools
GreatSchools rating
- 9/10Walnut Springs Elementary SchoolGrades: PK-5Distance: 2.2 mi
- 8/10Dripping Springs Middle SchoolGrades: 6-8Distance: 2.4 mi
- 7/10Dripping Springs High SchoolGrades: 9-12Distance: 1.7 mi
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Estimated market value
$1,581,200
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Estimated market value
$1,581,200
- Texas
- Hays County
- Dripping Springs
- 78620
- 420 Waters Edge Cv
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