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ActiveMLS #8559268

121 Spring CV, Dripping Springs TX 78620

Dripping Springs, TX 78620 · Longview II

See Remarks for sale in Longview II

1Bedrooms
1Bathrooms
8.62Acres
2Garage
0Year Built
1 / 40
$700,000
3D tour

Overview

Property Description

Discover the perfect blend of functionality, privacy, and Hill Country beauty on this exceptional 8.61-acre property at the end of a quiet cul-de-sac. Offering panoramic views, a cleared and established homesite, and valuable infrastructure already in place, this property is ideal for a future custom home, weekend retreat, homestead, or live/work setup in the Texas Hill Country. The property features a 2,400 square foot spray foam insulated barndominium/shop designed for versatility and comfort. Inside, you’ll find two built-in bedrooms, one full bath, loft storage space, and two split-unit HVAC systems providing efficient heating and cooling year-round. The building is perfectly suited for use as a workshop, temporary residence while building, equipment storage, or future guest quarters. The loft area offers additional storage and could easily be finished out for expanded living space. Designed with long-term functionality in mind, the property includes a permitted septic system already engineered for an additional future home (to be built), a 350-foot well, and an impressive 29,000-gallon rainwater collection system complete with water purification and UV filtration. The combination of well water and rainwater storage provides outstanding utility and self-sufficiency potential. The land has already been thoughtfully cleared to showcase the property’s breathtaking Hill Country views while preserving the natural beauty and privacy of the surrounding landscape. An agricultural exemption has recently been approved, with active bee keeping in place through Keepers Harvest, creating an excellent opportunity for reduced property taxes. Whether you’re looking for a turnkey property, future homesite, recreational retreat, or private Hill Country escape, this rare acreage tract offers flexibility, infrastructure, and incredible potential in a peaceful cul-de-sac setting.

Financial Info
Price
$700,000
HOA
None
Tax Rate
1.6353%
Est. Taxes
$8,059.31
Tax Year
2025
Exemptions
See Remarks
Legal Info
Address
121 Spring CV
County
Hays
City
Dripping Springs
State
TX
Zip
78620
Subdivision
Longview II
Legal Description
LONGVIEW II, LOT 24, ACRES 8.618
Parcel
1150250000024004
Interior Features
Appliances
WaterPurifier
Master Main
Yes
General Info
Beds
1 Total / 1 Main Level
Full / Half Baths
1 / 0
Prop Type
Residential
Property Type
See Remarks
Stories
1
Year Built
0 / See Remarks
Garages
2
Garage Desc
Additional Parking, Door-Multi
Construction
Spray Foam Insulation, Metal Siding
Acres
8.62
Lot Description
See Remarks, Cul-De-Sac, Level, Trees-Large (Over 40 Ft), Many Trees
Restrictions
Deed Restrictions
Flood Plain
See Remarks
View
Creek/Stream, Hill Country, Panoramic, Trees/Woods
Water Access
No
Waterfront
No
Area
HD
Utility Info
Water
See Remarks, Well
Sewer
See Remarks
Utilities
See Remarks, Electricity Connected
Heat
See Remarks
A C
Other, Wall/Window Unit(s)
Exterior Features
Fence
None
Exterior Features
None
Pool On Property
No
Area Amenities
None

Price history

Members only
Days on market
$700,000
List price
0
Price reductions
Active
Since Jun 24, 2026
Property history1 event
DateEventPriceChange
Sep 10, 2026New Listing

Taxes

Tax data isn’t available for this property’s county yet.

Schools

School Info
District
Dripping Springs ISD
Elementary
Dripping 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 $700,000
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

$4,795 / mo

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

Estimated monthly payment $4,795

Principal & interest
$3,540
Property taxes
$672
Homeowners insurance
$583

*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$560,000$6,259$36,216$553,741
2$553,741$6,678$35,797$547,062
3$547,062$7,126$35,349$539,937
4$539,937$7,603$34,872$532,334
5$532,334$8,112$34,363$524,221
6$524,221$8,655$33,820$515,566
7$515,566$9,235$33,240$506,331
8$506,331$9,854$32,621$496,477
9$496,477$10,513$31,961$485,964
10$485,964$11,218$31,257$474,746
  • Year 1$553,741
    Principal paid
    $6,259
    Interest paid
    $36,216
    Starting balance
    $560,000
  • Year 2$547,062
    Principal paid
    $6,678
    Interest paid
    $35,797
    Starting balance
    $553,741
  • Year 3$539,937
    Principal paid
    $7,126
    Interest paid
    $35,349
    Starting balance
    $547,062
  • Year 4$532,334
    Principal paid
    $7,603
    Interest paid
    $34,872
    Starting balance
    $539,937
  • Year 5$524,221
    Principal paid
    $8,112
    Interest paid
    $34,363
    Starting balance
    $532,334
  • Year 6$515,566
    Principal paid
    $8,655
    Interest paid
    $33,820
    Starting balance
    $524,221
  • Year 7$506,331
    Principal paid
    $9,235
    Interest paid
    $33,240
    Starting balance
    $515,566
  • Year 8$496,477
    Principal paid
    $9,854
    Interest paid
    $32,621
    Starting balance
    $506,331
  • Year 9$485,964
    Principal paid
    $10,513
    Interest paid
    $31,961
    Starting balance
    $496,477
  • Year 10$474,746
    Principal paid
    $11,218
    Interest paid
    $31,257
    Starting balance
    $485,964
First 10 of 30 years

Nearby

Courtesy of Coffman Real Estate · (512) 894-4043

Listings courtesy of ACTRIS as distributed by MLS GRID.