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ActiveMLS #7515435

136 Lourdes CT # B, Dripping Springs TX 78620

Dripping Springs, TX 78620 · The Grotto Condo

Single Family Residence for sale in The Grotto Condo

2Bedrooms
2 full / 1 halfBathrooms
1,512Square Ft
0.17Acres
2Garage
2025Year Built
1 / 29
$385,000

Overview

Property Description

Experience modern Hill Country living at The Grotto, a boutique collection of thoughtfully designed residences in the heart of Dripping Springs. Showcasing modern farmhouse-inspired architecture, designer finishes, and a sophisticated lock-and-leave lifestyle, these two-story homes offer a rare opportunity to enjoy elevated living just minutes from the area's most beloved destinations. Designed with both style and functionality in mind, the open-concept floor plan features expansive living spaces, abundant natural light, and a seamless flow between the kitchen, dining, and living areas, perfect for everyday living and entertaining alike. The chef-inspired kitchen is complemented by carefully curated finishes and quality craftsmanship throughout. Upstairs, a versatile loft and three spacious bedrooms provide flexibility for guests, a home office, or additional living space. Private outdoor living areas create the perfect setting to unwind and enjoy the beauty and tranquility of the Texas Hill Country. Built with energy efficiency and modern convenience at the forefront, The Grotto offers a refined living experience in one of Central Texas's most sought-after communities. Enjoy easy access to the charm of downtown Dripping Springs, local wineries, breweries, shopping, dining, and outdoor recreation while coming home to a residence designed for comfort, style, and simplicity. The Grotto is where contemporary living meets Hill Country charm. Property comes with Kitchen refrigerator, washer/dryer, and blinds. Ask about available builder incentives, appliance packages, finish selections, and additional to-be-built opportunities within The Grotto. Multiple floor plans and future inventory available. Options to purchase both sides of a building and/or multiple buildings. Needings a great 1031 exchange option? Purchase future inventory as well and customize along the way. Contact listing agent for current availability and builder offerings.

Financial Info
Price
$385,000
$ / Sqft
$255
HOA
Yes - Mandatory / $147 / Monthly
HOA Name
The Grotto Condominium Home Owners Association
HOA Includes
Common Area Maintenance, Landscaping, Maintenance Grounds, Parking
Tax Rate
1.7435%
Est. Taxes
$6,388.39
Tax Year
2025
Exemptions
None
Legal Info
Address
136 Lourdes CT # B
County
Hays
City
Dripping Springs
State
TX
Zip
78620
Subdivision
The Grotto Condo
Legal Description
THE GROTTO CONDOMINIUMS, UNIT 136-B, 3.57% COMMON AREA INTEREST
Parcel
15355000000136B4
Interior Features
Floor
Carpet, Tile
Num Living
1
Dining
1
Kitchen
Eat-in Kitchen, Pantry
Appliances
Dishwasher, Disposal, Electric Range, Microwave, Electric Oven, Vented Exhaust Fan, Electric Water Heater
Laundry
In Hall, Laundry Room, Upper Level
Master Bed
Double Vanity, Walk-In Closet(s)
Master Main
No
Fireplaces
1
Fireplace Description
Electric, Living Room
Interior Features
Ceiling Fan(s), Cathedral Ceiling(s), Quartz Counters, Double Vanity, Eat-in Kitchen, Open Floorplan, Pantry, Stackable W/D Connections, Walk-In Closet(s), Carbon Monoxide Detector(s), Smoke Detector(s), Low Emissivity Windows, Screens
General Info
Beds
2 Total / 2 Other Level
Full / Half Baths
2 / 1
Prop Type
Residential
Property Type
Single Family Residence
Stories
2
Year Built
2025 / New
Square Feet
1,512 / Builder
Garages
2
Garage Desc
Additional Parking, Garage, Garage Door Opener, Garage Faces Front
Foundation
Slab
Roof
Shingle
Construction
Frame, HardiPlank Type, Spray Foam Insulation, Board & Batten Siding, Vertical Siding
Acres
0.17
Lot Description
Landscaped, Private Maintained Road, Trees-Large (Over 40 Ft)
Restrictions
City Restrictions, Deed Restrictions
Flood Plain
No
View
None
Water Access
No
Waterfront
No
Area
HD
Utility Info
Water
Public
Sewer
Shared Septic
Utilities
Electricity Connected, Internet-Cable, Underground Utilities, Water Connected
Heat
Central, Electric
A C
Ceiling Fan(s), Central Air, Electric
Exterior Features
Fence
None
Exterior Features
See Remarks, Balcony, Gutters Partial, Front Porch, Rear Porch, Terrace
Pool On Property
No
Area Amenities
Cluster Mailbox, Common Grounds, Lock and Leave, Underground Utilities

Price history

Days on market
$385,000
List price
0
Price reductions
Active
Since Jun 12, 2026
Property history1 event
DateEventPriceChange
Jun 12, 2026New Listing

Taxes

General Information
Owner
HIDDEN OAKS AT DRIPPING SPRINGS LLC
Legal
THE GROTTO CONDOMINIUMS, UNIT 136-B, 3.57% COMMON AREA INTEREST
Geo ID
15355000000136B4
Exemptions
Exemption Type
None on record
Taxing Units
Detail
Not provided by this county source
Tax Summary
MLS estimated annual taxes
$6,388.39
MLS tax year
2025
Appraisal Values
YearLandImprovementsMarketAssessed
2026$59,340$317,780$377,120$377,120

Source: Hays County

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 $385,000
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

$2,800 / mo

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

Estimated monthly payment $2,800

Principal & interest
$1,947
Property taxes
$532
Homeowners insurance
$321

*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$308,000$3,443$19,919$304,557
2$304,557$3,673$19,688$300,884
3$300,884$3,919$19,442$296,965
4$296,965$4,182$19,180$292,783
5$292,783$4,462$18,900$288,322
6$288,322$4,760$18,601$283,561
7$283,561$5,079$18,282$278,482
8$278,482$5,419$17,942$273,063
9$273,063$5,782$17,579$267,280
10$267,280$6,170$17,192$261,110
  • Year 1$304,557
    Principal paid
    $3,443
    Interest paid
    $19,919
    Starting balance
    $308,000
  • Year 2$300,884
    Principal paid
    $3,673
    Interest paid
    $19,688
    Starting balance
    $304,557
  • Year 3$296,965
    Principal paid
    $3,919
    Interest paid
    $19,442
    Starting balance
    $300,884
  • Year 4$292,783
    Principal paid
    $4,182
    Interest paid
    $19,180
    Starting balance
    $296,965
  • Year 5$288,322
    Principal paid
    $4,462
    Interest paid
    $18,900
    Starting balance
    $292,783
  • Year 6$283,561
    Principal paid
    $4,760
    Interest paid
    $18,601
    Starting balance
    $288,322
  • Year 7$278,482
    Principal paid
    $5,079
    Interest paid
    $18,282
    Starting balance
    $283,561
  • Year 8$273,063
    Principal paid
    $5,419
    Interest paid
    $17,942
    Starting balance
    $278,482
  • Year 9$267,280
    Principal paid
    $5,782
    Interest paid
    $17,579
    Starting balance
    $273,063
  • Year 10$261,110
    Principal paid
    $6,170
    Interest paid
    $17,192
    Starting balance
    $267,280
First 10 of 30 years

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

Listings courtesy of ACTRIS as distributed by MLS GRID.