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$600,000

NAL Estimated Property Value

31305 RR 12, Dripping Springs, TX, 78620

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,179 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$275.36 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market List

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
AppliancesBuilt-In Electric Oven, Cooktop, Dishwasher
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters

Building Information

Garage Spaces2

About this property

With acreage of this size in a prime growth corridor, the property presents a rare combination of current livability and long-term upside. Whether enjoyed as-is or held with an eye toward the future, this is a compelling opportunity for buyers seeking land, location, and lasting value—all within easy reach of Dripping Springs and Bee Cave and the Hill Country Galleria. Charming Hill Country farmhouse just minutes from downtown Dripping Springs and Bee Cave, set on over 5 fully fenced acres with a wet-weather pond. This 2,179 sq ft home offers 3 bedrooms, 2.5 baths, and a dedicated office. The spacious primary suite is on the main level, with two additional bedrooms and a shared bath upstairs. Abundant windows fill the home with natural light throughout. Outdoor features include a large back deck with sweeping sunset views, a detached two-car garage, and a tack/goat barn with space for up to two horses. The expansive acreage offers privacy and flexibility, lending itself to a variety of future uses while still providing comfortable immediate enjoyment.

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,600 /month
Positive
Cash Flow Estimate:
$1,200 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
$10/month
5.947%

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.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Dripping Springs

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31305 RR 12 | Property Details | No Agent List