Active

Price cut: $10K (7/8)

$359,500

688 Lone Peak Way, Dripping Springs, TX 78620

3beds

1,887sqft

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Single Family Residence

Built in 2023

4,530 Square Feet Lot

$-- Zestimate^®

$191/sqft

$45/mo HOA

What's special

Granite countertopsFunctional open-concept layoutWhite cabinetry

Hill Country Charm steps to Downtown Dripping Springs- Featuring 3 bedrooms, 2.5 baths, plus flex space/loft ideal for a second living area, office, playroom, or media room, this home offers a functional open-concept layout with white cabinetry, granite countertops, and wood-look luxury vinyl floors designed for everyday comfort. Enjoy peaceful sunsets from the front porch overlooking rolling meadows and wide Texas skies. Walk to Founders Park and the community’s resort-style amenities including a pool, playgrounds, shaded gathering areas, and outdoor entertaining spaces. Conveniently situated near downtown Dripping Springs, grocery, dining, entertainment, and everyday essentials, this home also benefits from a low tax rate and zoning to the brand-new Wildwood Elementary. With its modern design, exceptional location, scenic surroundings, and incredible value, this home is an outstanding opportunity to enjoy the very best of Hill Country living!

35 days

502

24

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1

Heating

Central, Electric

Cooling

Central Air, Electric

Appliances

Included: Dishwasher, Disposal, Gas Range, Microwave, Free-Standing Gas Range, RNGHD, Refrigerator, Vented Exhaust Fan, Washer/Dryer, Tankless Water Heater

Features

Ceiling Fan(s), Granite Counters, Double Vanity, Kitchen Island, Multiple Living Areas, Open Floorplan, Pantry, Recessed Lighting, Walk-In Closet(s)
Flooring: Carpet, Vinyl
Windows: Low Emissivity Windows

Interior area

Total interior livable area: 1,887 sqft

Video & virtual tour

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Property

Parking

Total spaces: 2
Parking features: Attached, Garage, Garage Faces Rear
Attached garage spaces: 2

Accessibility

Accessibility features: None

Features

Levels: Two
Stories: 2
Patio & porch: Porch
Exterior features: Exterior Steps, Gutters Partial
Pool features: None
Fencing: None
Has view: Yes
View description: Hill Country, Park/Greenbelt
Waterfront features: None

Lot

Size: 4,530 Square Feet
Features: Few Trees, Level, Trees-Small (Under 20 Ft)

Details

Additional structures: None
Parcel number: 1103970027007004
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Foundation: Slab
Roof: Asphalt

Condition

Resale
New construction: No
Year built: 2023

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Community & HOA

Community

Features: Clubhouse, Common Grounds, Park, Picnic Area, Playground, Pool
Subdivision: Big Sky Ranch Ph 4 At Dripping Spgs

HOA

Has HOA: Yes
Services included: See Remarks, Common Area Maintenance
HOA fee: $45 monthly
HOA name: Big Sky Ranch HOA

Location

Region: Dripping Springs

Financial & listing details

Price per square foot: $191/sqft
Tax assessed value: $381,700
Annual tax amount: $7,107
Date on market: 6/5/2026
Listing terms: Cash,Conventional,FHA,VA Loan
Electric utility on property: Yes

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
7/8/2026	Price change	$359,500-2.7%$191/sqft
Source: Unlock MLS #3791112 Report a problem
6/24/2026	Price change	$369,500-2.5%$196/sqft
Source: Unlock MLS #3791112 Report a problem
6/5/2026	Listed for sale	$379,000$201/sqft
Source: Unlock MLS #3791112 Report a problem
1/12/2024	Listing removed	--
Source: Zillow Rentals Report a problem
12/28/2023	Listed for rent	$2,195$1/sqft
Source: Zillow Rentals Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$381,700 -5.5%
2024	$7,039 +281.4%	$403,740 +267.9%
2023	$1,846	$109,740

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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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.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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