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Off market
  • $357,000

    868 Lone Peak Way, Dripping Springs, TX 78620

    3beds
    2baths
    1,978sqft
    SingleFamily
    Built in 2022
    3,920 Square Feet Lot
    $357,000 Zestimate®
    $180/sqft
    $2,540 Estimated rent

    Home value

    $357,000

    $336,000 - $378,000

    $2,540/mo

    Zestimate® history
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    $2,540/mo

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    $2,540/mo

    Rent Zestimate®

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    $2,517/mo

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    $2,517/mo

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    What's special

    Ready for move-in now. This adorable brand-new home is located in the heart of Dripping Springs. Be the first occupant ever in this home! Neutral tones, modern updates, and an open floor plan with lots of natural light. All bedrooms are upstairs and have large walk-in closets. The primary bedroom has an en suite bathroom, dual vanities, and a large walk-in shower. The property is furnished with a brand-new refrigerator, washer, and dryer. The tenant maintains small front and backyard areas. Ample guest parking is located directly in front of the home. The attached garage has extra storage space and plenty of room for two midsize vehicles. Nearby neighborhood amenities include a playscape, and walking paths to Founders Park, plus the neighborhood is within walking distance to coffee shops, bakeries, shopping, HEB, tasting rooms, and so much more! Washer, dryer, and refrigerator are included. The landlord will maintain if the item falls under warranty but will not maintain if neglect of tenant. There is a Honeywell thermostat, tankless water heater, plenty of storage, built-in desk, built-in coat, and shoe space at the back entrance off the garage. Please note that all bedrooms, the laundry room (it is a room, not a closet), and the flex space (or 2nd living space) are all located upstairs. SMOKING IS NOT ALLOWED ON THIS PROPERTY. Please do not apply if you are a smoker. The tenant pays for all of the utilities - gas, electric, water, sewer, trash, and recycling. The owner pays the HOA. Ask the agent for the rental criteria form and TAR application. Only completed applications will be processed and the best qualified will be selected. Pets are on a case-by-case basis. There are no aggressive breeds allowed or puppies/kitties. Deposits may vary depending on the situation. Tenant is to maintain front and back yard at own expense. If there are pets all pet waste must be removed during the entire length of the term and at move-out. Professional home cleaning should be paid for and receipted by the tenant and delivered to the landlord at move-out. Tenant must replace AC filters every 2 months in the spring/summer and 3 months in the fall/winter. Tenant must provide proof of income to meet a minimum 3x the rent (current paystubs for the previous 2 months with YTD gross income, additionally please include a December paystub as well); copy of DL; pet vaccination record and photo, if applicable; signed and completed application and property criteria form. Everyone over the age of 18 years old must apply and will be listed on the lease. Application fee, security deposit, and first full month rent are required to apply and take the property off the market.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2.5
    Heating
    • Forced air
    Cooling
    • Other
    Appliances
    • Included: Dishwasher, Dryer, Washer
    • Laundry: In Unit
    Interior area
    • Total interior livable area: 1,978 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Detached
    Lot
    • Size: 3,920 Square Feet
    Details
    • Parcel number: 1103950024005004

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Foundation: Slab
    • Roof: Composition
    Condition
    • Year built: 2022

    Community & HOA

    Location
    • Region: Dripping Springs

    Financial & listing details

    • Price per square foot: $180/sqft
    • Tax assessed value: $344,903

    Price history

    DateEventPrice
    7/26/2026Listing removed$2,500$1/sqft
    Source: Unlock MLS #7245554 Report a problem
    6/29/2026Listed for rent$2,500$1/sqft
    Source: Unlock MLS #7245554 Report a problem
    4/20/2022Listing removed--
    Source: Meritage Homes Report a problem
    4/19/2022Listed for sale$478,000$242/sqft
    Source: Meritage Homes Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $344,903 -9.3%
    2024$6,627 -12.1%$380,107 -15.2%
    2023$7,540 +474%$448,340 +542.8%
    2022$1,314 $69,750
    Find assessor info on the county website

    Neighborhood: 78620

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Dripping Springs Elementary School
    • Middle: Dripping Springs Middle School
    • High: Dripping Springs High School
    • District: Dripping Springs ISD

    Source: The 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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    Estimated market value
    $357,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $357,000