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ActiveMLS #3567009

209 Peabody PL, Dripping Springs TX 78620

Dripping Springs, TX 78620 · Dripping Spgs Commerical & Indust Park

Single Family Residence for sale in Dripping Spgs Commerical & Indust Park

6Bedrooms
3Bathrooms
2,795Square Ft
2.00Acres
2Garage
1995Year Built
1 / 34
$1,199,000

Overview

Property Description

Welcome to a private Hill Country retreat that perfectly balances seclusion with incredible proximity to the heart of Dripping Springs. Located just over two miles from the vibrant downtown scene—famed for its boutique shopping, local dining, wineries, and breweries—this expansive six-bedroom property offers a rare blend of comfort and resort-style living. Whether you are looking for a full-time residence, a weekend escape, or a high-potential short-term rental investment, the open-concept floor plan is designed to accommodate large groups and seamless entertaining. The heart of the home is a light-filled living area that flows effortlessly into a modern kitchen equipped with ample cabinetry, generous prep space, and a large center island with bar seating. The adjacent dining area serves as a natural gathering spot for shared meals, creating a warm atmosphere for relaxing after a day of exploring the local trails and tasting rooms. The flexible layout is thoughtfully distributed across two levels, featuring a primary suite with an en-suite bath and two additional guest rooms on the main floor, while the second level offers three oversized bedrooms to provide everyone their own space to unwind. The experience continues outdoors in a private backyard oasis designed for year-round enjoyment. You can spend sunny afternoons lounging by the resort-style swimming pool, hosting dinners on the covered patio, or gathering around the firepit as the sun sets over the hills. Beyond the immediate lawn, the property includes an open acre of land situated behind the house, offering incredible room for expansion, a secondary structure, or further customization to suit your vision. Situated near the area’s premier wedding venues and distilleries, this property captures the very best of the Texas Hill Country lifestyle in one of its most sought-after destinations.

Financial Info
Price
$1,199,000
$ / Sqft
$429
HOA
None
Tax Rate
1.6353%
Est. Taxes
$10,303.46
Tax Year
2025
Exemptions
None
Legal Info
Address
209 Peabody PL
County
Hays
City
Dripping Springs
State
TX
Zip
78620
Subdivision
Dripping Spgs Commerical & Indust Park
Legal Description
DRIPPING SPRINGS COMM & IND PK LOT 7 2.00 AC
Parcel
1125900000007004
Interior Features
Floor
Carpet, Tile, Wood
Num Living
1
Dining
1
Kitchen
Breakfast Bar, Kitchen Island, Pantry
Appliances
Built-In Oven(s), Dishwasher, Disposal, Electric Cooktop, Exhaust Fan, Microwave, RNGHD, Stainless Steel Appliance(s)
Laundry
Laundry Room, Lower Level, Main Level
Master Bed
Double Vanity, Primary Bedroom on Main
Master Main
Yes
Fireplaces
1
Fireplace Description
Fire Pit, Living Room, Raised Hearth, Stone
Interior Features
Bookcases, Breakfast Bar, Built-in Features, Ceiling Fan(s), High Ceilings, Vaulted Ceiling(s), Chandelier, Laminate Counters, Quartz Counters, Double Vanity, Electric Dryer Hookup, Interior Steps, Kitchen Island, Open Floorplan, Pantry, Primary Bedroom on Main, Recessed Lighting, Washer Hookup, Smoke Detector(s), None
General Info
Beds
6 Total / 3 Main Level / 3 Other Level
Full / Half Baths
3 / 0
Prop Type
Residential
Property Type
Single Family Residence
Stories
2
Year Built
1995 / Updated/Remodeled
Square Feet
2,795 / Public Records
Garages
2
Garage Desc
Attached, Concrete, Driveway, Enclosed, Garage, Garage Door Opener, Garage Faces Side, Gravel, Inside Entrance, Outside, Side By Side
Foundation
Slab
Roof
Composition, Shingle
Construction
Masonry – Partial, Stone Veneer
Acres
2.00
Lot Description
Back Yard, Interior Lot, Landscaped, Level, Trees-Large (Over 40 Ft), Many Trees, Trees-Medium (20 Ft - 40 Ft)
Restrictions
Deed Restrictions
Flood Plain
No
View
Rural
Water Access
No
Waterfront
No
Area
HD
Utility Info
Water
Public
Sewer
Septic Tank
Utilities
Electricity Connected, Propane, Sewer Connected, Water Connected
Heat
Central
A C
Central Air
Exterior Features
Fence
Back Yard, Livestock
Exterior Features
Exterior Steps, Gutters Full, Private Yard, Front Porch, Patio
Pool On Property
Yes
Area Amenities
None

Rooms

Rooms14 rooms

Main level

  • Primary Bathroom

    Dual Vanity, Full Bath, Walk-in Shower

  • Kitchen

    Center Island, Quartz Counters, Dining Area, Open to Family Room, Pantry, Recessed Lighting

  • Bedroom

    Ceiling Fan(s), CRWN

  • Dining Room

    Dining Area

  • Bathroom

    Full Bath

  • Bedroom

    Ceiling Fan(s)

  • Primary Bedroom

    Ceiling Fan(s), Full Bath

  • Living Room

    Bookcases, Chandelier, High Ceilings, Recessed Lighting, Vaulted Ceiling(s)

  • Laundry

    Laminate Counters, Electric Dryer Hookup, Sink, Washer Hookup

  • Foyer

    Chandelier

Second level

  • Bathroom

    Dual Vanity, Full Bath

  • Bedroom

    Ceiling Fan(s)

  • Bathroom

    Recessed Lighting

  • Bedroom

    Ceiling Fan(s)

Price history

Members only
Days on market
$1,199,000
List price
0
Price reductions
Active
Since Aug 21, 2026
Property history1 event
DateEventPriceChange
Aug 21, 2026New Listing

Taxes

General Information
Owner
MRREI LLC
Legal
DRIPPING SPRINGS COMM & IND PK LOT 7 2.00 AC
Geo ID
1125900000007004
Acreage
2.00
Exemptions
Exemption Type
None on record
Taxing Units
Detail
Not provided by this county source
Tax Summary
MLS estimated annual taxes
$10,303.46
MLS tax year
2025
Appraisal Values
YearLandImprovementsMarketAssessed
2026$198,000$426,410$624,410$624,410

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 $1,199,000
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

$7,921 / mo

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

Estimated monthly payment $7,921

Principal & interest
$6,063
Property taxes
$859
Homeowners insurance
$999

*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$959,200$10,721$62,032$948,479
2$948,479$11,439$61,314$937,040
3$937,040$12,205$60,548$924,834
4$924,834$13,023$59,731$911,811
5$911,811$13,895$58,859$897,916
6$897,916$14,825$57,928$883,091
7$883,091$15,818$56,935$867,273
8$867,273$16,878$55,876$850,395
9$850,395$18,008$54,745$832,387
10$832,387$19,214$53,539$813,173
  • Year 1$948,479
    Principal paid
    $10,721
    Interest paid
    $62,032
    Starting balance
    $959,200
  • Year 2$937,040
    Principal paid
    $11,439
    Interest paid
    $61,314
    Starting balance
    $948,479
  • Year 3$924,834
    Principal paid
    $12,205
    Interest paid
    $60,548
    Starting balance
    $937,040
  • Year 4$911,811
    Principal paid
    $13,023
    Interest paid
    $59,731
    Starting balance
    $924,834
  • Year 5$897,916
    Principal paid
    $13,895
    Interest paid
    $58,859
    Starting balance
    $911,811
  • Year 6$883,091
    Principal paid
    $14,825
    Interest paid
    $57,928
    Starting balance
    $897,916
  • Year 7$867,273
    Principal paid
    $15,818
    Interest paid
    $56,935
    Starting balance
    $883,091
  • Year 8$850,395
    Principal paid
    $16,878
    Interest paid
    $55,876
    Starting balance
    $867,273
  • Year 9$832,387
    Principal paid
    $18,008
    Interest paid
    $54,745
    Starting balance
    $850,395
  • Year 10$813,173
    Principal paid
    $19,214
    Interest paid
    $53,539
    Starting balance
    $832,387
First 10 of 30 years

Nearby

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

Listings courtesy of ACTRIS as distributed by MLS GRID.