




$569,175
NAL Estimated Property Value501 Blue Ridge Dr, Dripping Springs, TX, 78620
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Here's your opportunity to buy in Dripping Springs and put in some cosmetic work to get the house you want! This 3 bedroom, 2 bathroom home sits on over 1.8 acres with a tennis/pickleball court! Open kitchen with plenty of cabinets for storage, hallway utility room, and vaulted ceiling in living room with fireplace. The two car garage is level with the main house and could make a great space for 4th bedroom expansion/primary suite. Great neighborhood and residing within highly desirable Dripping Springs ISD, the home is on city water with recently replaced septic and AC, with a low tax rate and no HOA. Price reflects updates needed. New septic system installed summer 2024. This home is minutes from downtown Dripping on acreage that is hard to find in this price range.
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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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