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ActiveMLS #2305161

127 Moonlit Stream PASS, Dripping Springs TX 78620

Dripping Springs, TX 78620 · Headwaters

Single Family Residence for sale in Headwaters

4Bedrooms
3Bathrooms
2,779Square Ft
0.14Acres
2Garage
2022Year Built
Price Reduced
1 / 40
$599,000$655,000
3D tour

Overview

Property Description

Move-in ready 2022 David Weekley home backing to a serene greenbelt in the highly desirable Headwaters community of Dripping Springs. This beautifully designed 1.5-story home offers 4 bedrooms, 3 full baths, an open-concept layout, and a light-filled main living area ideal for everyday living and entertaining. The chef-inspired kitchen features a large center island, stone countertops, built-in appliances, gas cooktop, large pantry, and generous storage. The main level includes 3 bedrooms and 2 full baths, including a comfortable primary suite with an upgraded en-suite bath and walk-in closet. Upstairs, you’ll find bedroom #4, a full bath, and a spacious game room or second living area — perfect for guests, a media room, playroom, or private work-from-home space. Enjoy peaceful greenbelt views from the covered back patio and a prime location near scenic trails, parks, and Wildwood Springs Elementary, located within the neighborhood and walkable from the home. Headwaters also offers The Prep Preschool within the community and Oakwood Public Market at the neighborhood entrance for dining, coffee, and local conveniences. Headwaters is known for its rolling Hill Country setting, modern farmhouse-inspired architecture, professionally landscaped streets, and exceptional amenities, including a resort-style pool complex, huge community gym, clubhouse with coffee shop, parks, playgrounds, dog park, and extensive trail system. Additional features include a water purification system, automatic sprinkler system, full gutters, neutral finishes, generous storage, and a flexible floor plan. Washer, dryer, refrigerator, SimpliSafe security system, water softener and the reverse osmosis water purification system all convey. Located in award-winning Dripping Springs ISD, this home blends newer construction, greenbelt privacy, and the best of the Headwaters lifestyle.

Financial Info
Price
$599,000
$ / Sqft
$216
HOA
Yes - Mandatory / $459 / Quarterly
HOA Name
Headwaters HOA
HOA Includes
Common Area Maintenance, Internet
Tax Rate
2.54%
Est. Taxes
$14,663
Tax Year
2025
Exemptions
None
Legal Info
Address
127 Moonlit Stream PASS
County
Hays
City
Dripping Springs
State
TX
Zip
78620
Subdivision
Headwaters
Legal Description
HEADWATERS AT BARTON CREEK PHASE 4 SEC 4, BLOCK E, LOT 15, ACRES 0.14
Parcel
113740000E015004
Interior Features
Floor
Vinyl
Num Living
2
Dining
1
Kitchen
Breakfast Bar, Pantry
Appliances
Built-In Electric Oven, Built-In Oven(s), Gas Cooktop, RNGHD, Refrigerator, Self Cleaning Oven, Stainless Steel Appliance(s), Washer/Dryer, Electric Water Heater, WaterPurifier, Water Purifier Owned, Water Softener Owned
Laundry
Laundry Room, Main Level
Master Bed
Double Vanity, Primary Bedroom on Main
Master Main
Yes
Fireplace Description
None
Interior Features
Breakfast Bar, Double Vanity, Gas Dryer Hookup, Open Floorplan, Pantry, Primary Bedroom on Main, Recessed Lighting, Soaking Tub, Security System, Blinds, Double Pane Windows, Insulated Windows, Vinyl Windows, Window Treatments
General Info
Beds
4 Total / 3 Main Level / 1 Other Level
Full / Half Baths
3 / 0
Prop Type
Residential
Property Type
Single Family Residence
Stories
1
Year Built
2022 / Resale
Square Feet
2,779 / Appraiser
Garages
2
Garage Desc
Attached, Door-Single, Garage, Garage Faces Front
Foundation
Slab
Roof
Composition, Shingle
Construction
HardiPlank Type, Masonry – Partial, Vinyl Siding, Stone
Acres
0.14
Lot Description
Back to Park/Greenbelt, Back Yard, Curbs, Front Yard, Landscaped, Level, Sprinkler - Back Yard, Sprinklers In Front, Sprinkler - In-ground, Trees-Medium (20 Ft - 40 Ft)
Restrictions
Covenant, Deed Restrictions
Flood Plain
No
View
Hill Country, Park/Greenbelt, Trees/Woods
Water Access
No
Waterfront
No
Area
HD
Utility Info
Water
Municipal Utility District (MUD)
Sewer
Public Sewer
Utilities
Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected
Heat
Central
A C
Central Air
Exterior Features
Fence
Back Yard, Wood, Wrought Iron
Exterior Features
Exterior Steps, Covered, Front Porch, Patio, Porch
Pool On Property
No
Area Amenities
BBQ Pit/Grill, Clubhouse, Cluster Mailbox, Curbs, Fitness Center, High Speed Internet, Park, Picnic Area, Planned Social Activities, Playground, Pool, Sidewalks, Underground Utilities

Price history

Members only
Days on market
−$56,000 (−8.5%)
$655,000 → $599,000
3
Price reductions
Active
Since Jun 7, 2026
Price trend
List priceJun 2026Aug 2026
Property history4 events
DateEventPriceChange
Aug 27, 2026Price Decrease$599,000−$26,000 (−4.2%)
Aug 4, 2026Price Decrease$625,000−$24,000 (−3.7%)
Jul 17, 2026Price Decrease$649,000−$6,000 (−0.9%)
Jun 7, 2026New Listing

Taxes

General Information
Owner
SLATTERY, STEVE
Legal
HEADWATERS AT BARTON CREEK PHASE 4 SEC 4, BLOCK E, Lot 15, ACRES 0.14
Geo ID
113740000E015004
Acreage
0.14
Exemptions
Exemption Type
None on record
Taxing Units
Detail
Not provided by this county source
Tax Summary
MLS estimated annual taxes
$14,663
MLS tax year
2025
Appraisal Values
YearLandImprovementsMarketAssessed
2026$126,730$463,270$590,000$590,000

Disclaimer: Tax data provided by Hays Central Appraisal District (2026 Hays CAD PropertyDataExport 2026-08-26).

Schools

School Info
District
Dripping Springs ISD
Elementary
WildwoodSprings
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 $599,000
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

$4,750 / mo

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

Estimated monthly payment $4,750

Principal & interest
$3,029
Property taxes
$1,222
Homeowners insurance
$499

*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$479,200$5,356$30,990$473,844
2$473,844$5,715$30,632$468,129
3$468,129$6,098$30,249$462,031
4$462,031$6,506$29,840$455,525
5$455,525$6,942$29,405$448,584
6$448,584$7,407$28,940$441,177
7$441,177$7,903$28,444$433,275
8$433,275$8,432$27,915$424,843
9$424,843$8,997$27,350$415,846
10$415,846$9,599$26,747$406,247
  • Year 1$473,844
    Principal paid
    $5,356
    Interest paid
    $30,990
    Starting balance
    $479,200
  • Year 2$468,129
    Principal paid
    $5,715
    Interest paid
    $30,632
    Starting balance
    $473,844
  • Year 3$462,031
    Principal paid
    $6,098
    Interest paid
    $30,249
    Starting balance
    $468,129
  • Year 4$455,525
    Principal paid
    $6,506
    Interest paid
    $29,840
    Starting balance
    $462,031
  • Year 5$448,584
    Principal paid
    $6,942
    Interest paid
    $29,405
    Starting balance
    $455,525
  • Year 6$441,177
    Principal paid
    $7,407
    Interest paid
    $28,940
    Starting balance
    $448,584
  • Year 7$433,275
    Principal paid
    $7,903
    Interest paid
    $28,444
    Starting balance
    $441,177
  • Year 8$424,843
    Principal paid
    $8,432
    Interest paid
    $27,915
    Starting balance
    $433,275
  • Year 9$415,846
    Principal paid
    $8,997
    Interest paid
    $27,350
    Starting balance
    $424,843
  • Year 10$406,247
    Principal paid
    $9,599
    Interest paid
    $26,747
    Starting balance
    $415,846
First 10 of 30 years

Nearby

Courtesy of Compass RE Texas, LLC · (512) 575-3644

Listings courtesy of ACTRIS as distributed by MLS GRID.