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PendingMLS #2411039

126 Crater Lake DR, Dripping Springs TX 78620

Dripping Springs, TX 78620 · Cannon Ranch

Single Family Residence for sale in Cannon Ranch

4Bedrooms
2 full / 1 halfBathrooms
2,202Square Ft
0.12Acres
2Garage
2026Year Built
1 / 40
$474,234$480,275

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

Rooms2 rooms

Main level

  • Primary Bathroom

    Dual Vanity, Separate Shower, Walk-In Closet(s), Walk-in Shower

  • Primary Bedroom

    None

Price history

Members only
Days on market
−$6,041 (−1.3%)
$480,275 → $474,234
1
Price reduction
Pending
Since Aug 10, 2026
Price trend
List priceAug 2026Aug 2026
Property history3 events
DateEventPriceChange
Sep 18, 2026Pending
Aug 26, 2026Price Decrease$474,234−$6,041 (−1.3%)
Aug 10, 2026New Listing

Taxes

General Information
Owner
ASHTON AUSTIN RESIDENTIAL LLC
Legal
CANNON RANCH PHASE 2, BLOCK 7, Lot 4, 5137 SQUARE FEET
Geo ID
1112030007004004
Exemptions
Exemption Type
INV
Taxing Units
Detail
Not provided by this county source
Tax Summary
MLS estimated annual taxes
$782
MLS tax year
2025
Appraisal Values
YearLandImprovementsMarketAssessed
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

List price $474,234
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

$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.

Principal, interest and balance for each year
YearStarting balancePrincipal paidInterest paidEnding balancePrincipal 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
First 10 of 30 years

Nearby

Courtesy of ERA Experts · (512) 270-4765

Listings courtesy of ACTRIS as distributed by MLS GRID.