$200,000
348 Vail River RD, Dripping Springs, TX, 78620
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About this property
Escape to your own slice of the Texas Hill Country on this stunning 1.9+ acre lot nestled within an exclusive, gated enclave off scenic Fitzhugh Road. With panoramic views stretching across the rolling hills and dark, star-filled skies overhead, this is the setting you have been waiting for to build the home you have always imagined. Light deed restrictions with easy variance approvals mean you have the freedom to bring your own builder and craft a truly custom home. Whether you envision a sprawling Hill Country estate, a modern farmhouse, or a private retreat complete with a pool and guest quarters, this lot gives you the canvas to make it happen. Step outside your gate and you are minutes from the renowned Fitzhugh Road corridor, home to world class wineries, craft breweries, and celebrated distilleries including Treaty Oak Distilling. Hamilton Pool Preserve, one of Texas's most breathtaking natural wonders, is just a short drive away. When the city calls, downtown Austin is approximately 30 minutes east, making this the perfect balance of peaceful Hill Country living and urban convenience. Zoned to the highly acclaimed Dripping Springs ISD, this property is as practical as it is beautiful. Lots of this caliber in gated communities with acreage, views, and proximity to Austin are increasingly rare. This is a genuine opportunity to plant roots in one of the most desirable corridors in all of Central Texas.
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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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