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Active Under ContractMLS #1690458

169 Grayson Elm Pass, Dripping Springs TX 78620

Dripping Springs, TX 78620 · Heritage

Single Family Residence for sale in Heritage

4Bedrooms
3Bathrooms
2,589Square Ft
0.13Acres
2Garage
2026Year Built
1 / 40
$499,342

Overview

Property Description

A home for growing - The primary suite and secondary bedrooms are located upstairs with a sizeable loft that acts as a privacy buffer between the rooms. The downstairs was designed with versatility in mind. The open-concept great room, professional grade kitchen and covered patio are a roomy and comfy setting for quality time, while the flex space has been upgraded to a downstairs fourth bedroom with an ensuite bath in place of the powder room.

Financial Info
Price
$499,342
$ / Sqft
$193
HOA
Yes - Mandatory / $600 / Annually
HOA Name
Heritage
HOA Includes
Common Area Maintenance
Tax Rate
1.74%
Est. Taxes
$8,688
Tax Year
2026
Exemptions
None
Legal Info
Address
169 Grayson Elm Pass
County
Hays
City
Dripping Springs
State
TX
Zip
78620
Subdivision
Heritage
Legal Description
HERITAGE DRIPPING SPRINGS PHASE 3, BLOCK M, Lot 11, ACRES 0.132
Parcel
113812000M011004
Interior Features
Floor
Carpet, Tile, Vinyl
Num Living
2
Dining
1
Kitchen
Breakfast Bar, Kitchen Island, Pantry
Appliances
Built-In Oven(s), Dishwasher, Disposal, Gas Cooktop, Microwave, Stainless Steel Appliance(s), Tankless Water Heater
Laundry
Laundry Room
Master Bed
Double Vanity, Walk-In Closet(s)
Master Main
Yes
Interior Features
Breakfast Bar, Ceiling Fan(s), High Ceilings, Quartz Counters, Double Vanity, Electric Dryer Hookup, Entrance Foyer, High Speed Internet, Kitchen Island, Open Floorplan, Pantry, Recessed Lighting, Smart Home, Smart Thermostat, Walk-In Closet(s), Washer Hookup, WaterSense Fixture(s), Smoke Detector(s), Low Emissivity Windows, Vinyl Windows
General Info
Beds
4 Total / 1 Main Level / 3 Other Level
Full / Half Baths
3 / 0
Prop Type
Residential
Property Type
Single Family Residence
Stories
2
Year Built
2026 / New
Square Feet
2,589 / Builder
Garages
2
Garage Desc
Attached, Garage, Garage Door Opener, Garage Faces Front
Foundation
Slab
Roof
Shingle
Construction
Brick, Stone
Acres
0.13
Lot Description
Back Yard, Front Yard, Landscaped, Sprinkler - Automatic
Restrictions
City Restrictions, Covenant, Deed Restrictions
Flood Plain
No
View
Neighborhood
Water Access
No
Waterfront
No
Area
HD
Utility Info
Water
Public
Sewer
Public Sewer
Utilities
Underground Utilities
Heat
Central, Natural Gas
A C
Central Air
Exterior Features
Fence
Fenced
Exterior Features
Gutters Partial, Covered, Front Porch, Patio
Pool On Property
No
Area Amenities
Underground Utilities

Price history

Members only
Days on market
$499,342
List price
0
Price reductions
Active Under Contract
Since Jul 14, 2026
Property history2 events
DateEventPriceChange
Aug 14, 2026Active Under Contract
Jul 14, 2026New Listing

Taxes

General Information
Owner
TRI POINTE HOMES TEXAS INC
Legal
HERITAGE DRIPPING SPRINGS PHASE 3, BLOCK M, Lot 11, ACRES 0.132
Geo ID
113812000M011004
Acreage
0.13
Exemptions
Exemption Type
None on record
Taxing Units
Detail
Not provided by this county source
Tax Summary
MLS estimated annual taxes
$8,688
MLS tax year
2026
Appraisal Values
YearLandImprovementsMarketAssessed
2026$76,335$0$76,335$76,335

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

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 $499,342
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

$3,665 / mo

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

Estimated monthly payment $3,665

Principal & interest
$2,525
Property taxes
$724
Homeowners insurance
$416

*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$399,474$4,465$25,834$395,009
2$395,009$4,764$25,535$390,245
3$390,245$5,083$25,216$385,161
4$385,161$5,424$24,876$379,738
5$379,738$5,787$24,513$373,951
6$373,951$6,174$24,125$367,777
7$367,777$6,588$23,712$361,189
8$361,189$7,029$23,270$354,160
9$354,160$7,500$22,800$346,660
10$346,660$8,002$22,297$338,658
  • Year 1$395,009
    Principal paid
    $4,465
    Interest paid
    $25,834
    Starting balance
    $399,474
  • Year 2$390,245
    Principal paid
    $4,764
    Interest paid
    $25,535
    Starting balance
    $395,009
  • Year 3$385,161
    Principal paid
    $5,083
    Interest paid
    $25,216
    Starting balance
    $390,245
  • Year 4$379,738
    Principal paid
    $5,424
    Interest paid
    $24,876
    Starting balance
    $385,161
  • Year 5$373,951
    Principal paid
    $5,787
    Interest paid
    $24,513
    Starting balance
    $379,738
  • Year 6$367,777
    Principal paid
    $6,174
    Interest paid
    $24,125
    Starting balance
    $373,951
  • Year 7$361,189
    Principal paid
    $6,588
    Interest paid
    $23,712
    Starting balance
    $367,777
  • Year 8$354,160
    Principal paid
    $7,029
    Interest paid
    $23,270
    Starting balance
    $361,189
  • Year 9$346,660
    Principal paid
    $7,500
    Interest paid
    $22,800
    Starting balance
    $354,160
  • Year 10$338,658
    Principal paid
    $8,002
    Interest paid
    $22,297
    Starting balance
    $346,660
First 10 of 30 years

Nearby

Courtesy of RealAgent · (512) 650-2772

Listings courtesy of ACTRIS as distributed by MLS GRID.