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Active Under ContractMLS #5939880

225 Grayson Elm Pass, Dripping Springs TX 78620

Dripping Springs, TX 78620 · Heritage

Single Family Residence for sale in Heritage

3Bedrooms
2Bathrooms
1,603Square Ft
0.11Acres
2Garage
2026Year Built
1 / 19
$399,996

Overview

Property Description

This home feels naturally spacious with windows throughout the great room and casual dining, bringing in lots of natural light. The layout is seamless, too. The kitchen is centered in the heart of the home, making it the perfect place to welcome guests or keep an eye on the kids while prepping dinner. A covered patio adds outdoor living space. Plus, the primary suite is at the rear of the home for privacy, while two additional bedrooms share a bath conveniently close to the laundry room.

Financial Info
Price
$399,996
$ / Sqft
$250
HOA
Yes - Mandatory / $600 / Annually
HOA Name
Heritage
HOA Includes
Common Area Maintenance
Tax Rate
1.74%
Est. Taxes
$6,958
Tax Year
2026
Exemptions
None
Legal Info
Address
225 Grayson Elm Pass
County
Hays
City
Dripping Springs
State
TX
Zip
78620
Subdivision
Heritage
Legal Description
HERITAGE DRIPPING SPRINGS PHASE 3, BLOCK M, Lot 4, ACRES 0.114
Parcel
113812000M004004
Interior Features
Floor
Carpet, Tile, Vinyl
Num Living
1
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
3 Total / 3 Main Level
Full / Half Baths
2 / 0
Prop Type
Residential
Property Type
Single Family Residence
Stories
1
Year Built
2026 / New
Square Feet
1,603 / Builder
Garages
2
Garage Desc
Attached, Garage, Garage Door Opener, Garage Faces Front
Foundation
Slab
Roof
Shingle
Construction
Brick, Stone
Acres
0.11
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
$399,996
List price
0
Price reductions
Active Under Contract
Since Aug 17, 2026
Property history2 events
DateEventPriceChange
Sep 10, 2026Active Under Contract
Aug 17, 2026New Listing

Taxes

General Information
Owner
TRI POINTE HOMES TEXAS INC
Legal
HERITAGE DRIPPING SPRINGS PHASE 3, BLOCK M, Lot 4, ACRES 0.114
Geo ID
113812000M004004
Acreage
0.11
Exemptions
Exemption Type
None on record
Taxing Units
Detail
Not provided by this county source
Tax Summary
MLS estimated annual taxes
$6,958
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 $399,996
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

$2,936 / mo

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

Estimated monthly payment $2,936

Principal & interest
$2,023
Property taxes
$580
Homeowners insurance
$333

*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$319,997$3,577$20,694$316,420
2$316,420$3,816$20,455$312,604
3$312,604$4,072$20,199$308,532
4$308,532$4,344$19,927$304,188
5$304,188$4,635$19,636$299,552
6$299,552$4,946$19,325$294,606
7$294,606$5,277$18,994$289,329
8$289,329$5,631$18,641$283,699
9$283,699$6,008$18,264$277,691
10$277,691$6,410$17,861$271,281
  • Year 1$316,420
    Principal paid
    $3,577
    Interest paid
    $20,694
    Starting balance
    $319,997
  • Year 2$312,604
    Principal paid
    $3,816
    Interest paid
    $20,455
    Starting balance
    $316,420
  • Year 3$308,532
    Principal paid
    $4,072
    Interest paid
    $20,199
    Starting balance
    $312,604
  • Year 4$304,188
    Principal paid
    $4,344
    Interest paid
    $19,927
    Starting balance
    $308,532
  • Year 5$299,552
    Principal paid
    $4,635
    Interest paid
    $19,636
    Starting balance
    $304,188
  • Year 6$294,606
    Principal paid
    $4,946
    Interest paid
    $19,325
    Starting balance
    $299,552
  • Year 7$289,329
    Principal paid
    $5,277
    Interest paid
    $18,994
    Starting balance
    $294,606
  • Year 8$283,699
    Principal paid
    $5,631
    Interest paid
    $18,641
    Starting balance
    $289,329
  • Year 9$277,691
    Principal paid
    $6,008
    Interest paid
    $18,264
    Starting balance
    $283,699
  • Year 10$271,281
    Principal paid
    $6,410
    Interest paid
    $17,861
    Starting balance
    $277,691
First 10 of 30 years

Nearby

Courtesy of RealAgent · (512) 650-2772

Listings courtesy of ACTRIS as distributed by MLS GRID.