126 Crater Lake DR, Dripping Springs TX 78620
Dripping Springs, TX 78620 · Cannon Ranch
Single Family Residence for sale in Cannon Ranch
Overview
Property Description
NEW CONSTRUCTION BY ASHTON WOODS! Available August 2026! This two-story home boasts a thoughtfully designed layout that enhances both functionality and comfort. Enjoy open, sunlit spaces throughout the McKinney, perfect for relaxed living and entertaining. Features include a charming breakfast nook, just steps away from the covered private patio, creating an ideal spot for enjoying meals outdoors. The downstairs primary suite offers a peaceful retreat, complete with a generous walk-in closet for added convenience and organization. This home is designed to blend both private and shared spaces for a harmonious living experience. Featuring our Luxe design collection, experience ethereal whites that evoke purity to vivid greens that infuse life.
Financial Info
- Price
- $474,234
- $ / Sqft
- $215
- HOA
- Yes - Mandatory / $42 / Monthly
- HOA Name
- Cannon Ranch
- HOA Includes
- Common Area Maintenance
- Tax Rate
- 1.68%
- Est. Taxes
- $782
- Tax Year
- 2025
- Exemptions
- None
Legal Info
- Address
- 126 Crater Lake DR
- County
- Hays
- City
- Dripping Springs
- State
- TX
- Zip
- 78620
- Subdivision
- Cannon Ranch
- Legal Description
- CANNON RANCH PHASE 2, BLOCK 7, LOT 4, 5137 SQUARE FEET
- Parcel
- 1112030007004004
Interior Features
- Floor
- Carpet, Vinyl
- Num Living
- 1
- Dining
- 1
- Kitchen
- Breakfast Bar, Kitchen Island
- Appliances
- Built-In Oven(s), Dishwasher, Disposal, ENERGY STAR Qualified Appliances, Exhaust Fan, Gas Cooktop, Microwave, Stainless Steel Appliance(s), Gas Water Heater
- Laundry
- Laundry Room
- Master Bed
- Double Vanity, Primary Bedroom on Main
- Master Main
- Yes
- Interior Features
- Breakfast Bar, Ceiling Fan(s), High Ceilings, Double Vanity, Electric Dryer Hookup, Entrance Foyer, Kitchen Island, Open Floorplan, Primary Bedroom on Main, Recessed Lighting, Washer Hookup, None, ENERGY STAR Qualified Windows, Screens
General Info
- Beds
- 4 Total / 1 Main Level / 3 Other Level
- Full / Half Baths
- 2 / 1
- Prop Type
- Residential
- Property Type
- Single Family Residence
- Stories
- 2
- Year Built
- 2026 / New
- Square Feet
- 2,202 / Builder
- Garages
- 2
- Garage Desc
- Attached, Garage, Garage Faces Front
- Foundation
- Slab
- Roof
- Composition
- Construction
- HardiPlank Type, Masonry – Partial
- Acres
- 0.12
- Lot Description
- Interior Lot, Sprinkler - Automatic, Sprinkler - Back Yard, Sprinklers In Front, Sprinkler - Side Yard
- Restrictions
- Deed Restrictions
- Flood Plain
- No
- View
- Hill Country
- Water Access
- No
- Waterfront
- No
- Area
- HD
Utility Info
- Water
- Public
- Sewer
- Public Sewer
- Utilities
- Cable Available, Electricity Available, Internet-Cable, Natural Gas Available, Water Available
- Heat
- Central, Natural Gas
- A C
- Central Air
Exterior Features
- Fence
- Back Yard, Privacy, Wood
- Exterior Features
- Gutters Partial, Pest Tubes in Walls, Covered, Patio
- Pool On Property
- No
- Area Amenities
- Cluster Mailbox, Picnic Area, Playground
Rooms
Main level
- Primary Bathroom
Dual Vanity, Separate Shower, Walk-In Closet(s), Walk-in Shower
- Primary Bedroom
None
Price history
| Date | Event | Price | Change |
|---|---|---|---|
| Sep 18, 2026 | Pending | — | |
| Aug 26, 2026 | Price Decrease | $474,234−$6,041 (−1.3%) | −$6,041 (−1.3%) |
| Aug 10, 2026 | New Listing | — |
Taxes
- Owner
- ASHTON AUSTIN RESIDENTIAL LLC
- Legal
- CANNON RANCH PHASE 2, BLOCK 7, Lot 4, 5137 SQUARE FEET
- Geo ID
- 1112030007004004
- Exemption Type
- INV
- Detail
- Not provided by this county source
- MLS estimated annual taxes
- $782
- MLS tax year
- 2025
| Year | Land | Improvements | Market | Assessed |
|---|---|---|---|---|
| 2026 | $63,720 | $0 | $63,720 | $63,720 |
Disclaimer: Tax data provided by Hays Central Appraisal District (2026 Hays CAD PropertyDataExport 2026-08-26).
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
Estimated monthly payment
$2,858 / mo
20% down · 6.50% interest · 30-year fixed
Estimated monthly payment $2,858
- Principal & interest
- $2,398
- Property taxes
- $65
- Homeowners insurance
- $395
*PITI only
These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.
| Year | Starting balance | Principal paid | Interest paid | Ending balance | Principal vs interest |
|---|---|---|---|---|---|
| 1 | $379,387 | $4,241 | $24,535 | $375,147 | |
| 2 | $375,147 | $4,525 | $24,251 | $370,622 | |
| 3 | $370,622 | $4,828 | $23,948 | $365,795 | |
| 4 | $365,795 | $5,151 | $23,625 | $360,644 | |
| 5 | $360,644 | $5,496 | $23,280 | $355,148 | |
| 6 | $355,148 | $5,864 | $22,912 | $349,284 | |
| 7 | $349,284 | $6,257 | $22,519 | $343,028 | |
| 8 | $343,028 | $6,676 | $22,100 | $336,352 | |
| 9 | $336,352 | $7,123 | $21,653 | $329,229 | |
| 10 | $329,229 | $7,600 | $21,176 | $321,630 |
- Year 1$375,147
- Principal paid
- $4,241
- Interest paid
- $24,535
- Starting balance
- $379,387
- Year 2$370,622
- Principal paid
- $4,525
- Interest paid
- $24,251
- Starting balance
- $375,147
- Year 3$365,795
- Principal paid
- $4,828
- Interest paid
- $23,948
- Starting balance
- $370,622
- Year 4$360,644
- Principal paid
- $5,151
- Interest paid
- $23,625
- Starting balance
- $365,795
- Year 5$355,148
- Principal paid
- $5,496
- Interest paid
- $23,280
- Starting balance
- $360,644
- Year 6$349,284
- Principal paid
- $5,864
- Interest paid
- $22,912
- Starting balance
- $355,148
- Year 7$343,028
- Principal paid
- $6,257
- Interest paid
- $22,519
- Starting balance
- $349,284
- Year 8$336,352
- Principal paid
- $6,676
- Interest paid
- $22,100
- Starting balance
- $343,028
- Year 9$329,229
- Principal paid
- $7,123
- Interest paid
- $21,653
- Starting balance
- $336,352
- Year 10$321,630
- Principal paid
- $7,600
- Interest paid
- $21,176
- Starting balance
- $329,229
Nearby
Courtesy of ERA Experts · (512) 270-4765
Listings courtesy of ACTRIS as distributed by MLS GRID.