Discover an unparalleled investment opportunity nestled in the picturesque heart of Dripping Springs, Texas, offering an exquisite income-producing retreat. This expansive property features a unique collection of eight distinct units, providing a rare chance to own a fully operational short-term rental compound. Guests are invited to immerse themselves in the breathtaking panoramic vistas of the Texas Hill Country, experiencing tranquility and natural beauty. The estate comprises four charming cabins, three stylish tiny homes, and a spacious three-bedroom, two-bathroom manufactured home ideally situated at the property's entrance. This arrangement offers flexibility for an on-site owner, a dedicated property manager, or as an additional source of rental income. Each rental unit is meticulously designed, boasting modern amenities, comfortable furnishings, and welcoming outdoor areas, perfect for unwinding and enjoying the serene landscape. Guests can savor peaceful mornings on private porches and witness unforgettable sunset views, ensuring an authentic Texas escape with every stay. The thoughtful layout ensures both privacy and versatility, catering to individual rentals, group gatherings, weddings, or special events. With abundant space, mature trees, and potential for further expansion, this property effortlessly merges a desirable lifestyle with a robust investment. Located just a short drive to Pedernales Falls, and mere minutes from renowned wineries, breweries, and popular wedding venues. 931 Sycamore offers convenient access to all the attractions Dripping Springs has to offer, while retaining a secluded, true getaway ambiance. This turnkey opportunity in one of Central Texas’ most coveted destinations promises significant income, undeniable charm, and boundless possibilities, whether expanding an investment portfolio or creating a personal Hill Country haven.
Active
Price cut: $50K (5/28)
$1,239,000
931 Sycamore Creek Dr, Dripping Springs, TX 78620
10beds
9baths
1,904sqft
Triplex
Built in 2000
-- sqft lot
$-- Zestimate®
$651/sqft
$-- HOA
What's special
Modern amenitiesFour charming cabinsPrivate porchesWelcoming outdoor areasComfortable furnishingsAbundant spaceMature trees
- 117 days |
- 206 |
- 12 |
Zillow last checked:
Listing updated:
Listed by:
Terry Swets (512) 864-5657,
Berkshire Hathaway TX Realty (512) 864-5657
Source: Unlock MLS,MLS#: 7499560
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 9
Rooms
- Room types: Primary Bedroom, Bedroom, Primary Bathroom, Bathroom
Heating
- Central, Ductless
Cooling
- Ceiling Fan(s), Central Air, Ductless
Appliances
- Included: Dishwasher, Microwave, Free-Standing Range
Features
- Ceiling Fan(s), Vaulted Ceiling(s), Multiple Dining Areas, Multiple Living Areas, Primary Bedroom on Main
- Flooring: Laminate
- Windows: Blinds
- Number of fireplaces: 1
- Fireplace features: Living Room
Interior area
- Total interior livable area: 1,904 sqft
Video & virtual tour
Property
Parking
- Parking features: Outside
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Exterior features: None
- Pool features: None
- Fencing: Chain Link, Partial
- Has view: Yes
- View description: Hill Country
- Waterfront features: Dry/Seasonal
Lot
- Size: 4 Acres
- Features: Trees-Medium (20 Ft - 40 Ft)
Details
- Additional structures: See Remarks, Guest House, Mobile Home, Outbuilding, Storage
- Parcel number: 931 Sycamore Creek. Dropping Springs, TX 78620
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Foundation: See Remarks
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 2000
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Electricity Available
Community & HOA
Community
- Features: None
- Subdivision: Creekside Add
HOA
- Has HOA: No
Location
- Region: Dripping Springs
Financial & listing details
- Price per square foot: $651/sqft
- Tax assessed value: $435,592
- Date on market: 3/7/2026
- 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 |
|---|---|---|
| 5/28/2026 | Price change | $1,239,000-3.9%$651/sqft |
Source: | ||
| 4/1/2026 | Listing removed | $1,750$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/25/2026 | Listed for sale | $1,289,000$677/sqft |
Source: | ||
| 2/14/2026 | Listed for rent | $1,750$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/13/2026 | Listing removed | $1,750$1/sqft |
Source: Unlock MLS #6654644 Report a problem | ||
| 2/2/2026 | Listed for rent | $1,750-5.4%$1/sqft |
Source: Unlock MLS #6654644 Report a problem | ||
| 2/2/2026 | Listing removed | $1,850$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/6/2026 | Listed for rent | $1,850$1/sqft |
Source: Zillow Rentals Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $435,592 -8% |
| 2024 | $7,403 -4.9% | $473,347 -8.2% |
| 2023 | $7,783 +52.6% | $515,396 +72.4% |
| 2022 | $5,099 +1.1% | $298,970 +7.2% |
| 2021 | $5,042 | $278,980 +4.4% |
| 2020 | -- | $267,270 +114.6% |
| 2019 | $2,441 +0.8% | $124,530 +6% |
| 2018 | $2,422 -23% | $117,450 -22.6% |
| 2017 | $3,146 | $151,710 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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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Climate risks
Neighborhood: 78620
Nearby schools
GreatSchools rating
- 9/10Dripping Springs Elementary SchoolGrades: PK-5Distance: 6.8 mi
- 8/10Dripping Springs Middle SchoolGrades: 6-8Distance: 5.8 mi
- 7/10Dripping Springs High SchoolGrades: 9-12Distance: 6.6 mi
Schools provided by the listing agent
- Elementary: Dripping 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.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Texas
- Hays County
- Dripping Springs
- 78620
- 931 Sycamore Creek Dr
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