24.83 acres of ag exempt beautiful pastures right in the heart of Dripping Springs and the Lone Star State's beloved Texas Hill Country. Completely renovated homestead with 4 bedrooms, 3 bathrooms, a wood burning fireplace, stainless steel appliances, and wood floors throughout. Owner is willing to subdue and sell the 12 acre vacant lot as well. Live in the house while you build your dream home or purchase as an investment. Ideally located on a quiet and private road, a few minutes from the highly desirable West Fitzhugh & Bell Springs Road. Beautiful pasture views, flat lot and mature trees. Great for horses. Minimal restrictions. Residential only. Completely fenced. Dripping Springs ISD. Very low tax rates due to ag exemption. 4 Minutes to Texas Hill Country Olive Company & 12 Fox Beer Company. 14 minutes to Mercer Street in Downtown Dripping. 24 Minutes to Hill Country Galleria. Currently leased through June 2027.
Active
$1,565,000
501 Myers Creek Rd, Dripping Springs, TX 78620
4beds
2,240sqft
Single Family Residence
Built in 1983
24.83 Acres Lot
$-- Zestimate®
$699/sqft
$21/mo HOA
What's special
Wood burning fireplaceCompletely fencedGreat for horsesWood floors throughoutStainless steel appliancesBeautiful pasture viewsFlat lot
- 2 days
- 177
- 12
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Antonia Wilemon (512) 636-3116,
Wilemon Real Estate (512) 636-3116
Source: Unlock MLS,MLS#: 1673032
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
- Main level bedrooms: 4
Heating
- Central, Fireplace(s), Wood
Cooling
- Central Air, Electric
Appliances
- Included: Dishwasher, Disposal, Free-Standing Electric Range
Features
- Ceiling Fan(s), Quartz Counters, Electric Dryer Hookup, Pantry, Primary Bedroom on Main, Walk-In Closet(s), Washer Hookup
- Flooring: Tile, Wood
- Windows: None
- Number of fireplaces: 1
- Fireplace features: Living Room, Wood Burning
Interior area
- Total interior livable area: 2,240 sqft
Property
Parking
- Parking features: Detached, Garage, Open
- Has garage: Yes
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Front Porch
- Exterior features: None
- Pool features: None
- Fencing: Wire
- Has view: Yes
- View description: Hill Country, Pasture, Trees/Woods
- Waterfront features: None
Lot
- Size: 24.83 Acres
- Features: Agricultural, Trees-Large (Over 40 Ft)
Details
- Additional structures: Barn(s)
- Has additional parcels: Yes
- Parcel number: 1103300000003014
- Special conditions: Standard
- Horses can be raised: Yes
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Foundation: Slab
- Roof: Metal
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1983
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Electricity Available, Water Available
Community & HOA
Community
- Features: None
- Subdivision: Bell Spgs Ranches
HOA
- Has HOA: Yes
- Services included: Common Area Maintenance
- HOA fee: $250 annually
- HOA name: Bell Springs Ranches
Location
- Region: Dripping Springs
Financial & listing details
- Price per square foot: $699/sqft
- Tax assessed value: $389,760
- Annual tax amount: $6,192
- Date on market: 8/28/2026
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/28/2026 | Listed for sale | $1,565,000$699/sqft |
Source:  Unlock MLS #1673032 Report a problem | ||
| 11/1/2025 | Listing removed | $1,565,000$699/sqft |
Source: Unlock MLS #3350148 Report a problem | ||
| 6/27/2025 | Listing removed | $3,900$2/sqft |
Source: Unlock MLS #9130552 Report a problem | ||
| 5/14/2025 | Listed for rent | $3,900+8.3%$2/sqft |
Source: Unlock MLS #9130552 Report a problem | ||
| 4/30/2025 | Listed for sale | $1,565,000+30.4%$699/sqft |
Source: Unlock MLS #3350148 Report a problem | ||
| 6/3/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 3/19/2024 | Price change | $3,600-7.7%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/11/2024 | Listed for rent | $3,900+8.3%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/1/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 11/13/2023 | Price change | $3,600-8.9%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/3/2023 | Price change | $3,950-10.2%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/18/2023 | Listed for rent | $4,400+2.3%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/25/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 10/7/2022 | Price change | $4,300-4.4%$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 8/25/2022 | Listed for rent | $4,500+4.7%$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 3/26/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 1/31/2022 | Price change | $4,300+8.9%$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 12/30/2021 | Price change | $3,950+2.6%$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 12/23/2021 | Listed for rent | $3,850$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 6/10/2021 | Sold | -- |
Source:  Central Texas MLS #432828 Report a problem | ||
| 4/29/2021 | Pending sale | $1,200,000$536/sqft |
Source: Unlock MLS #3068662 Report a problem | ||
| 3/1/2021 | Listed for sale | $1,200,000$536/sqft |
Source:  HAR #11830775 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $389,760 -1.6% |
| 2024 | $6,192 -8.9% | $395,910 -12% |
| 2023 | $6,795 -34.4% | $449,990 -25.9% |
| 2022 | $10,354 +128.9% | $607,070 +142.5% |
| 2021 | $4,524 +1.4% | $250,290 +5% |
| 2020 | $4,461 +7.3% | $238,460 +12.4% |
| 2019 | $4,160 +15.6% | $212,170 +9.4% |
| 2018 | $3,598 -48.9% | $194,010 +2.6% |
| 2017 | $7,035 +235.3% | $189,080 +6.1% |
| 2016 | $2,098 -2.4% | $178,240 +5.2% |
| 2015 | $2,151 | $169,370 +5.5% |
| 2014 | $2,151 | $160,500 +3.2% |
| 2013 | -- | $155,570 |
| 2012 | -- | $155,570 |
| 2011 | -- | $155,570 |
| 2010 | -- | $155,570 -2.5% |
| 2009 | -- | $159,510 +3.9% |
| 2007 | -- | $153,570 +5.4% |
| 2006 | -- | $145,680 +6.6% |
| 2005 | -- | $136,620 +1.5% |
| 2004 | -- | $134,650 +1.5% |
| 2003 | -- | $132,680 |
| 2002 | -- | $132,680 +3.1% |
| 2001 | -- | $128,740 +13% |
| 2000 | -- | $113,960 |
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.
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