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ActiveMLS #2188395

1293 Harmon Hills RD, Dripping Springs TX 78620

Dripping Springs, TX 78620 · Douglas Estates

See Remarks for sale in Douglas Estates

10Bedrooms
8Bathrooms
4,983Square Ft
10.05Acres
0Garage
2017Year Built
Price Reduced
1 / 38
$2,695,000$2,950,000
3D tour

Overview

Property Description

Juniper Ridge — Income-Producing STR Compound on 10 Private Acres: Rare opportunity to acquire a fully operational, cash-flowing short-term rental compound in the heart of the Texas Hill Country. Juniper Ridge sits on 10 private acres just 45 minutes from Downtown Austin, pairing a proven revenue history with five uniquely designed accommodations and resort-caliber shared amenities. A true turnkey investment, the property is positioned to generate strong, diversified income from day one. Five separate fully furnished structures total 10 bedrooms and 8 bathrooms: The Oaks (4BR/2BA) with full kitchen, private yard, and propane grill; The Mercer (2BR/1BA) with full kitchen, living room, and firepit; The Bluffs (2BR/2BA) with full kitchen, in-unit laundry, and firepit; The Meadow (1BR/1BA) with kitchenette and living room; and Pedernales (1BR/1BA) with full kitchen. Each is individually decorated with upgraded finishes, premium bedding, and Smart TVs throughout. Shared amenities include a resort-style pool and sun loungers; a fully appointed pool house with billiards table, card table, full bar, and Smart LED-TV; a covered outdoor dining pavilion with gas and charcoal BBQs; a brand-new pickleball and basketball court; beach volleyball court; multiple fire pits; loveseat swings; and ample on-site parking for large groups. Beyond nightly STR bookings, the property is event-ready for weddings, rehearsal dinners, corporate off-sites, and wellness retreats, opening meaningful additional revenue streams. Ideally positioned in the fast-growing Dripping Springs corridor and sold fully furnished and completely turnkey. Detailed financials available upon request. *Proof of funds or prequal letter required for showings*

Financial Info
Price
$2,695,000
$ / Sqft
$541
HOA
None
Tax Rate
1.80733%
Est. Taxes
$10,328
Tax Year
2021
Exemptions
Wildlife
Legal Info
Address
1293 Harmon Hills RD
County
Hays
City
Dripping Springs
State
TX
Zip
78620
Subdivision
Douglas Estates
Legal Description
DOUGLAS ESTATES, LOT 5, SERIAL MAG081568A, LABEL # TEX0426979, ACRES 10.05
Parcel
1125350000005004
Interior Features
Num Living
6
Appliances
Built-In Electric Oven, Cooktop, Dishwasher, Stainless Steel Appliance(s), Washer/Dryer, See Remarks
Laundry
Laundry Room
Master Main
Yes
Fireplace Description
Fire Pit
General Info
Beds
10 Total / 10 Main Level
Full / Half Baths
8 / 0
Prop Type
Residential
Property Type
See Remarks
Stories
1
Year Built
2017 / Resale
Square Feet
4,983 / Owner
Garage Desc
Additional Parking, Attached Carport, Circular Driveway, Drive Through, Driveway, Parking Lot, Private
Foundation
Pillar/Post/Pier, Slab
Roof
Composition, Metal
Construction
See Remarks
Acres
10.05
Lot Description
Agricultural, Back to Park/Greenbelt, Trees-Large (Over 40 Ft), Many Trees, Trees-Medium (20 Ft - 40 Ft), Views
Restrictions
See Remarks
Flood Plain
Yes-100 yr
View
Hill Country
Water Access
No
Waterfront
No
Area
HD
Utility Info
Water
Well
Sewer
Septic Tank
Utilities
Electricity Connected, Sewer Connected, Water Connected
Heat
Central
A C
Central Air
Exterior Features
Fence
Fenced, Full
Exterior Features
Basketball Court, Playground, Private Yard, Sport Court, Covered, Deck, Front Porch, Porch, Rear Porch
Pool On Property
Yes
Area Amenities
None

Price history

Days on market
−$255,000 (−8.6%)
$2,950,000 → $2,695,000
1
Price reduction
Active
Since Jun 15, 2026
Price trend
List priceJun 2026 → Oct 2026
Property history2 events
DateEventPriceChange
Oct 13, 2026Price Decrease$2,695,000−$255,000 (−8.6%)
Jun 15, 2026New Listing

Taxes

General Information
Owner
HARMON HILLS RANCH LLC
Legal
DOUGLAS ESTATES, Lot 5, SERIAL MAG081568A, LABEL # TEX0426979, ACRES 10.05
Geo ID
1125350000005004
Acreage
10.05
Exemptions
Exemption Type
AG
Taxing Units
Detail
Not provided by this county source
Tax Summary
MLS estimated annual taxes
$10,328
MLS tax year
2021
Appraisal Values
YearLandImprovementsMarketAssessed
2026$1,258,710$710,100$1,968,810$1,454,340

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 $2,695,000
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

$16,734 / mo

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

Estimated monthly payment $16,734

Principal & interest
$13,627
Property taxes
$861
Homeowners insurance
$2,246

*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$2,156,000$24,098$139,430$2,131,902
2$2,131,902$25,712$137,817$2,106,190
3$2,106,190$27,434$136,095$2,078,756
4$2,078,756$29,271$134,257$2,049,484
5$2,049,484$31,232$132,297$2,018,253
6$2,018,253$33,323$130,205$1,984,929
7$1,984,929$35,555$127,974$1,949,374
8$1,949,374$37,936$125,592$1,911,438
9$1,911,438$40,477$123,052$1,870,961
10$1,870,961$43,188$120,341$1,827,773
  • Year 1$2,131,902
    Principal paid
    $24,098
    Interest paid
    $139,430
    Starting balance
    $2,156,000
  • Year 2$2,106,190
    Principal paid
    $25,712
    Interest paid
    $137,817
    Starting balance
    $2,131,902
  • Year 3$2,078,756
    Principal paid
    $27,434
    Interest paid
    $136,095
    Starting balance
    $2,106,190
  • Year 4$2,049,484
    Principal paid
    $29,271
    Interest paid
    $134,257
    Starting balance
    $2,078,756
  • Year 5$2,018,253
    Principal paid
    $31,232
    Interest paid
    $132,297
    Starting balance
    $2,049,484
  • Year 6$1,984,929
    Principal paid
    $33,323
    Interest paid
    $130,205
    Starting balance
    $2,018,253
  • Year 7$1,949,374
    Principal paid
    $35,555
    Interest paid
    $127,974
    Starting balance
    $1,984,929
  • Year 8$1,911,438
    Principal paid
    $37,936
    Interest paid
    $125,592
    Starting balance
    $1,949,374
  • Year 9$1,870,961
    Principal paid
    $40,477
    Interest paid
    $123,052
    Starting balance
    $1,911,438
  • Year 10$1,827,773
    Principal paid
    $43,188
    Interest paid
    $120,341
    Starting balance
    $1,870,961
First 10 of 30 years

Nearby

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

Listings courtesy of ACTRIS as distributed by MLS GRID.