$229,000
18300 Shepherds Corral, Dripping Springs, TX, 78620
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About this property
This 1.047-acre lot, located in the highly desirable West Cave Estates and zoned to Lake Travis ISD, offers a unique opportunity to build your dream home in the heart of the Texas Hill Country. The property boasts a low tax rate and is conveniently located to both Dripping Springs and Bee Cave for restaurants and shopping, and in one of Texas’ 7 designated “Dark Sky” communities. Just minutes to Hill Country gems like Hamilton Pool Preserve, Reimer’s Ranch State Park and many Wineries and Distilleries. West Cave Estates offers a 1 acre park with grills and a playscape for residents to gather. This lot is surrounded by majestic, mature oaks, the lot features multiple potential build sites with stunning views of the Hill Country, creating a tranquil, park-like setting. The property has been beautifully prepared for a new owner and includes access to electricity, though it will require a septic system and a well or rainwater collection. Residents in West Cave Estates will enjoy Hill Country Settings with long vista views in all directions. Neighboring lot 18308 is negotiable as well. Enjoy reasonable deed restrictions that allow residential use and even accommodate horses. Nestled close to Hamilton Pool Preserve, countless variety of wineries & breweries. 18300 Shepherds Corral offers the perfect blend of rural charm and modern convenience. Whether you’re a homebuilder or ready to design your dream home, this property provides endless potential in a prime location.
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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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