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ActiveMLS #8944332

205 Waters View CT, Dripping Springs TX 78620

Dripping Springs, TX 78620 · Caliterra - Phase One, Section Two

Single Family Residence for sale in Caliterra - Phase One, Section Two

4Bedrooms
3 full / 1 halfBathrooms
4,405Square Ft
0.32Acres
3Garage
2026Year Built
Price Reduced
1 / 34
$1,575,000$1,650,000
3D tour

Overview

Property Description

Welcome to an extraordinary modern residence where exceptional craftsmanship and the natural beauty of the Texas Hill Country come together in perfect harmony. From the moment you enter through the awe-inspiring front door, an abundance of natural light moves through the home’s expansive Low-E windows, illuminating wide-plank hardwood floors, custom white oak cabinetry, Taj Mahal quartzite surfaces, and flawless Level 5 walls. Every material has been deliberately selected, and every room composed to feel both elevated and genuinely livable. The kitchen is a statement in modern luxury. High-end appliances, beautifully crafted cabinetry, and natural stone surfaces create an inviting setting for everything from weekday mornings to memorable evenings with family and friends. A fully appointed butler’s pantry—with its own sink and refrigerator—allows the main kitchen to remain effortlessly composed while entertaining on any scale. The primary suite offers a private retreat, complemented by a thoughtfully designed closet with direct access to the laundry room—one of many details that quietly improve the rhythm of everyday life. The home’s most captivating moments may be found where the interior opens completely to the outdoors. A dramatic, 16-foot pocketing glass door dissolves the boundary between inside and out. In the expansive patio, a natural-gas outdoor kitchen with a built-in refrigerator makes entertaining feel effortless. The modern swimming pool establishes the atmosphere of an exclusive resort, while a separate fire pit invites relaxed conversation beneath the Hill Country sky. Behind the beauty is an equally impressive level of performance. Spray-foam insulation, a standing-seam metal roof, high-efficiency windows, three independent HVAC systems, Cat 6A Ethernet wired into every room, and an integrated Juke Audio system put sophisticated touches of technology and comfort over the entirety of the home. Your next chapter of luxury living awaits! Welcome home!

Financial Info
Price
$1,575,000
$ / Sqft
$358
HOA
Yes - Mandatory / $1,500 / Annually
HOA Name
Caliterra Property Owners Association
HOA Includes
Common Area Maintenance
Tax Rate
2.41%
Est. Taxes
$36,150
Tax Year
2025
Exemptions
None
Legal Info
Address
205 Waters View CT
County
Hays
City
Dripping Springs
State
TX
Zip
78620
Subdivision
Caliterra - Phase One, Section Two
Legal Description
CALITERRA PHASE ONE, SEC. TWO, BLOCK E, LOT 4
Parcel
111078000E004004
Interior Features
Floor
Tile, Wood
Num Living
2
Dining
2
Kitchen
Eat-in Kitchen, Kitchen Island, Pantry
Appliances
Built-In Electric Oven, Built-In Gas Range, Built-In Oven(s), Built-In Refrigerator, Instant Hot Water, Microwave, Electric Oven, Refrigerator, Stainless Steel Appliance(s)
Laundry
Laundry Room, Main Level
Master Bed
Double Vanity, Primary Bedroom on Main, Walk-In Closet(s)
Master Main
Yes
Fireplaces
2
Fireplace Description
Bedroom, Family Room, Fire Pit, Gas, Great Room
Interior Features
Bar, Built-in Features, Ceiling Fan(s), High Ceilings, Chandelier, Double Vanity, Electric Dryer Hookup, Gas Dryer Hookup, Eat-in Kitchen, High Speed Internet, Kitchen Island, Multiple Dining Areas, Multiple Living Areas, Open Floorplan, Pantry, Primary Bedroom on Main, Recessed Lighting, Sound System, Walk-In Closet(s), Wired for Data, Wired for Sound, Smoke Detector(s), Double Pane Windows, ENERGY STAR Qualified Windows
General Info
Beds
4 Total / 2 Main Level / 2 Other Level
Full / Half Baths
3 / 1
Prop Type
Residential
Property Type
Single Family Residence
Stories
2
Year Built
2026 / New
Square Feet
4,405 / Public Records
Garages
3
Garage Desc
Attached, Concrete, Driveway, Garage, Garage Door Opener, Garage Faces Front
Foundation
Slab
Roof
Metal
Construction
Wood Siding, Stucco
Acres
0.32
Lot Description
Back to Park/Greenbelt, Back Yard, Sloped Down, Sprinkler - Automatic, Views
Restrictions
Deed Restrictions
Flood Plain
No
View
Bridge(s), Hill Country, Park/Greenbelt
Water Access
No
Waterfront
No
Area
HD
Utility Info
Water
Public
Sewer
Public Sewer
Utilities
Electricity Available, Electricity Connected, Internet-Cable, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected
Heat
Central, Natural Gas
A C
Central Air
Exterior Features
Fence
Back Yard, Wrought Iron
Exterior Features
Balcony, Exterior Steps, Gas Grill, Gutters Partial, Private Yard, Covered, Deck, Rear Porch
Pool On Property
Yes
Area Amenities
BBQ Pit/Grill, Business Center, Clubhouse, Cluster Mailbox, Common Grounds, Playground, Pool

Price history

Members only
Days on market
−$75,000 (−4.5%)
$1,650,000 → $1,575,000
1
Price reduction
Active
Since Jul 28, 2026
Price trend
List priceJul 2026Aug 2026
Property history2 events
DateEventPriceChange
Aug 27, 2026Price Decrease$1,575,000−$75,000 (−4.5%)
Jul 28, 2026New Listing

Taxes

General Information
Owner
ACED CONSTRUCTION LLC
Legal
CALITERRA PHASE ONE SEC TWO, BLOCK E, Lot 4
Geo ID
111078000E004004
Exemptions
Exemption Type
None on record
Taxing Units
Detail
Not provided by this county source
Tax Summary
MLS estimated annual taxes
$36,150
MLS tax year
2025
Appraisal Values
YearLandImprovementsMarketAssessed
2026$216,830$667,720$884,550$884,550

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 $1,575,000
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

$12,290 / mo

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

Estimated monthly payment $12,290

Principal & interest
$7,964
Property taxes
$3,013
Homeowners insurance
$1,313

*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$1,260,000$14,083$81,485$1,245,917
2$1,245,917$15,027$80,542$1,230,890
3$1,230,890$16,033$79,536$1,214,857
4$1,214,857$17,107$78,462$1,197,751
5$1,197,751$18,252$77,316$1,179,498
6$1,179,498$19,475$76,094$1,160,024
7$1,160,024$20,779$74,790$1,139,245
8$1,139,245$22,171$73,398$1,117,074
9$1,117,074$23,655$71,913$1,093,419
10$1,093,419$25,240$70,329$1,068,179
  • Year 1$1,245,917
    Principal paid
    $14,083
    Interest paid
    $81,485
    Starting balance
    $1,260,000
  • Year 2$1,230,890
    Principal paid
    $15,027
    Interest paid
    $80,542
    Starting balance
    $1,245,917
  • Year 3$1,214,857
    Principal paid
    $16,033
    Interest paid
    $79,536
    Starting balance
    $1,230,890
  • Year 4$1,197,751
    Principal paid
    $17,107
    Interest paid
    $78,462
    Starting balance
    $1,214,857
  • Year 5$1,179,498
    Principal paid
    $18,252
    Interest paid
    $77,316
    Starting balance
    $1,197,751
  • Year 6$1,160,024
    Principal paid
    $19,475
    Interest paid
    $76,094
    Starting balance
    $1,179,498
  • Year 7$1,139,245
    Principal paid
    $20,779
    Interest paid
    $74,790
    Starting balance
    $1,160,024
  • Year 8$1,117,074
    Principal paid
    $22,171
    Interest paid
    $73,398
    Starting balance
    $1,139,245
  • Year 9$1,093,419
    Principal paid
    $23,655
    Interest paid
    $71,913
    Starting balance
    $1,117,074
  • Year 10$1,068,179
    Principal paid
    $25,240
    Interest paid
    $70,329
    Starting balance
    $1,093,419
First 10 of 30 years

Nearby

Courtesy of eXp Realty, LLC · (888) 519-7431

Listings courtesy of ACTRIS as distributed by MLS GRID.