




$800,000
NAL Estimated Property Value301 Springwood Rd, Dripping Springs, TX, 78620
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Sweet, older home on gorgeous and level 3 acre lot with lined and stocked pond in beloved Springwood -- Dripping Springs' oldest planned neighborhood! Main 1-story home (2990 SF) has 2 bedrooms/2 baths (former 2 guest bedrooms were combined into one large room but could be reconfigured), large living room with stone fireplace, country kitchen, spacious game room and bonus room; Large deck (1341 SF) overlooking back yard; Detached guest house/casita (507 SF) has living, bedroom and bath; 2 garage bays (1 in main house, 1 in workshop), large carport (786 SF) and massive workshop (876 SF) -- See floorplan. Home is an estate and is being sold "as is" - please see helpful recent inspection reports. Water sources: city and private well. Pool, chicken coop, and plenty of space to expand and enjoy! Less than 2 miles to DT DS, HEB, Home Depot, dining and retail. Desirable DS ISD. Easy access to DS, Wimberley, Driftwood and ATX. Low tax rate (1.68%) and no HOA. Perfect for the buyer who wants to create a beautiful Hill Country retreat in the heart of the city.
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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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