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ActiveMLS #7479088

1550 Trebled Waters TRL, Driftwood TX 78619

Driftwood, TX 78619 · Howard Ranch Sec 2

Single Family Residence for sale in Howard Ranch Sec 2

6Bedrooms
5 full / 2 halfBathrooms
6,657Square Ft
4.55Acres
4Garage
2012Year Built
Price Reduced
1 / 40
$3,750,000$4,200,000

Overview

Property Description

One of Howard Ranch's premier creek-front estates, this gated 4.5-acre property offers nearly 9,000 total square feet of living space, a resort-style pool, detached guest house, and rare live water frontage along the crystal-clear waters of Onion Creek. Whether you're searching for a luxury residence, family compound, or private Hill Country retreat, this exceptional property offers a lifestyle few estates can match. Designed for both everyday living and grand-scale entertaining, the 6,657 square foot main residence features expansive living areas filled with natural light, a gourmet kitchen with premium appliances, private study, game room, media room, exercise room, multiple fireplaces, and walls of windows framing the surrounding Hill Country landscape. The outdoor living experience is equally impressive. Lounge beside the resort-style pool and spa, entertain under covered patios, relax beneath towering oak trees, fish in the private pond, or spend the day enjoying the crystal-clear waters of Onion Creek. Live water of this quality is one of the rarest amenities in the Texas Hill Country, creating an unmatched setting for recreation, entertaining, and making lasting memories. The detached guest house features its own living room, kitchen, bedroom, and full bath, providing exceptional flexibility for multigenerational living, extended family, long-term guests, or a private office. Additional highlights include a four-car garage, expansive motor court with abundant guest parking, beautifully landscaped grounds, and a gated entrance offering privacy and security. Located in one of Dripping Springs' most desirable communities and zoned to acclaimed Dripping Springs ISD, this remarkable estate is just minutes from downtown Dripping Springs while offering convenient access to Austin, Bee Cave, and the best of the Texas Hill Country.

Financial Info
Price
$3,750,000
$ / Sqft
$563
HOA
Yes - Mandatory / $1,700 / Annually
HOA Name
Keystone
HOA Includes
Maintenance Grounds
Tax Rate
1.6353%
Est. Taxes
$44,949
Tax Year
2025
Exemptions
Homestead
Legal Info
Address
1550 Trebled Waters TRL
County
Hays
City
Driftwood
State
TX
Zip
78619
Subdivision
Howard Ranch Sec 2
Legal Description
HOWARD RANCH SEC 2, BLOCK A, LOT 15A, ACRES 4.547
Parcel
114221000A015A04
Interior Features
Floor
Carpet, Concrete, Tile, Wood
Num Living
2
Dining
2
Kitchen
Breakfast Bar, Eat-in Kitchen, Kitchen Island, Pantry
Appliances
See Remarks, Built-In Oven(s), Dishwasher, Disposal, Exhaust Fan, Gas Cooktop, Microwave, Double Oven, Refrigerator, Stainless Steel Appliance(s), Washer/Dryer, Electric Water Heater, Water Softener Owned, Wine Refrigerator
Laundry
Laundry Room, Main Level
Master Bed
Double Vanity, Primary Bedroom on Main, Walk-In Closet(s)
Master Main
Yes
Fireplaces
2
Fireplace Description
Family Room, Gas Starter, Outside
Interior Features
See Remarks, Bookcases, Breakfast Bar, Built-in Features, Ceiling Fan(s), Beamed Ceilings, High Ceilings, Vaulted Ceiling(s), Double Vanity, Eat-in Kitchen, Entrance Foyer, Interior Steps, Kitchen Island, Multiple Dining Areas, Multiple Living Areas, Pantry, Primary Bedroom on Main, Recessed Lighting, Soaking Tub, Storage, Study/Home Office, Walk-In Closet(s), Washer Hookup, Carbon Monoxide Detector(s), Screens, Shutters
General Info
Beds
6 Total / 2 Main Level / 4 Other Level
Full / Half Baths
5 / 2
Prop Type
Residential
Property Type
Single Family Residence
Stories
2
Year Built
2012 / Resale
Square Feet
6,657 / See Remarks
Garages
4
Garage Desc
See Remarks, Attached, Driveway, Guest, Oversized
Foundation
Slab
Roof
Metal
Construction
HardiPlank Type, Stone
Acres
4.55
Lot Description
See Remarks, Back Yard, Front Yard, Garden, Landscaped, Native Plants, Private, Sprinkler - Automatic, Many Trees, Views
Restrictions
Covenant, Deed Restrictions
Flood Plain
Yes-100 yr, Yes-500 yr
View
Creek/Stream, Pond, Trees/Woods
Water Access
Yes
Waterfront
Yes
Area
HD
Utility Info
Water
Public
Sewer
Septic Tank
Utilities
Cable Available, Electricity Connected, Phone Available, Propane, Sewer Connected, Water Connected
Heat
Central
A C
Central Air
Exterior Features
Fence
Gate, Perimeter, Stone, Wrought Iron
Exterior Features
See Remarks, Garden, Lighting, Outdoor Grill, Private Yard, Covered, Front Porch, Patio
Pool On Property
Yes
Area Amenities
See Remarks

Price history

Days on market
−$450,000 (−10.7%)
$4,200,000 → $3,750,000
4
Price reductions
Active
Since May 22, 2026
Price trend
List priceMay 2026 → Oct 2026
Property history5 events
DateEventPriceChange
Oct 7, 2026Price Decrease$3,750,000−$50,000 (−1.3%)
Sep 15, 2026Price Decrease$3,800,000−$145,000 (−3.7%)
Sep 1, 2026Price Decrease$3,945,000−$5,000 (−0.1%)
Jul 18, 2026Price Decrease$3,950,000−$250,000 (−6%)
May 22, 2026New Listing

Taxes

General Information
Owner
MIDDLETON, KEITH
Legal
HOWARD RANCH SEC 2, BLOCK A, Lot 15A, ACRES 4.547
Geo ID
114221000A015A04
Acreage
4.55
Exemptions
Exemption Type
Homestead
Taxing Units
Detail
Not provided by this county source
Tax Summary
MLS estimated annual taxes
$44,949
MLS tax year
2025
Appraisal Values
YearLandImprovementsMarketAssessed
2026$1,499,130$2,901,830$4,400,960$3,023,471

Source: Hays County

Schools

School Info
District
Dripping Springs ISD
Elementary
Walnut Springs
Middle
Dripping Springs Middle
High
Dripping Springs

Maps

Financing

Your preferences

  • 20% down
  • Conv/Jumbo
  • 30 years
  • 6.50% rate

Saved on this device

List price $3,750,000
Down payment
Stays 20% if you change the price
Note rate, not APR
From this listing’s tax record
*Estimated only (1% of price / yr)

Estimated monthly payment

$25,833 / mo

20% down · 6.50% interest · 30-year fixed

Estimated monthly payment $25,833

Principal & interest
$18,962
Property taxes
$3,746
Homeowners insurance
$3,125

*PITI only

These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.

Principal, interest and balance for each year
YearStarting balancePrincipal paidInterest paidEnding balancePrincipal vs interest
1$3,000,000$33,532$194,013$2,966,468
2$2,966,468$35,777$191,767$2,930,691
3$2,930,691$38,174$189,371$2,892,517
4$2,892,517$40,730$186,814$2,851,787
5$2,851,787$43,458$184,087$2,808,329
6$2,808,329$46,368$181,176$2,761,961
7$2,761,961$49,474$178,071$2,712,487
8$2,712,487$52,787$174,757$2,659,700
9$2,659,700$56,322$171,222$2,603,378
10$2,603,378$60,094$167,450$2,543,284
  • Year 1$2,966,468
    Principal paid
    $33,532
    Interest paid
    $194,013
    Starting balance
    $3,000,000
  • Year 2$2,930,691
    Principal paid
    $35,777
    Interest paid
    $191,767
    Starting balance
    $2,966,468
  • Year 3$2,892,517
    Principal paid
    $38,174
    Interest paid
    $189,371
    Starting balance
    $2,930,691
  • Year 4$2,851,787
    Principal paid
    $40,730
    Interest paid
    $186,814
    Starting balance
    $2,892,517
  • Year 5$2,808,329
    Principal paid
    $43,458
    Interest paid
    $184,087
    Starting balance
    $2,851,787
  • Year 6$2,761,961
    Principal paid
    $46,368
    Interest paid
    $181,176
    Starting balance
    $2,808,329
  • Year 7$2,712,487
    Principal paid
    $49,474
    Interest paid
    $178,071
    Starting balance
    $2,761,961
  • Year 8$2,659,700
    Principal paid
    $52,787
    Interest paid
    $174,757
    Starting balance
    $2,712,487
  • Year 9$2,603,378
    Principal paid
    $56,322
    Interest paid
    $171,222
    Starting balance
    $2,659,700
  • Year 10$2,543,284
    Principal paid
    $60,094
    Interest paid
    $167,450
    Starting balance
    $2,603,378
First 10 of 30 years

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Courtesy of Friedman Real Estate, Inc. · (512) 892-9934

Listings courtesy of ACTRIS as distributed by MLS GRID.