




$438,000
NAL Estimated Property Value161 Iron Rail Rd, Dripping Springs, TX, 78620
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About this property
This is the perfect rental home. Close to everything in the heart of Dripping Springs, this adorable home has been lovingly cared for. Featuring LVP flooring throughout (except for the carpet on the stairs), granite counters, stainless steel appliances, and a super cute and comfy front porch. Downstairs is the perfect kitchen/living room combo with tons of counter space, fabulous storage, and natural light. The 3 spacious bedrooms are all upstairs, with large closets plus a secondary living space perfect as a game room, kid zone, or homework space. The dedicated laundry room is even upstairs ... Genius! Only minutes from Downtown Dripping Springs and the fabulous walking trails, park, and pool, all at Founders Park, you will never need to go far. Refrigerator, Washer and Dryer stay. There is a NEMA 14-50 Tesla charging outlet in the garage and wall mounted TVs in the living room and loft. This is a must see!
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Learn About the Market: Opportunity in Texas




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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Dripping Springs
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