2591 Spring Valley DR, Dripping Springs TX 78620
Dripping Springs, TX 78620 · Springlake
Single Family Residence for sale in Springlake
Overview
Property Description
Opportunity meets Texas Hill Country charm on 2.744 fully fenced acres just minutes from downtown Dripping Springs. With no HOA and the flexibility for short-term rental use, this unique property offers an exciting opportunity for investors, weekend-home buyers, or anyone looking for a property that can serve as both a personal Hill Country escape and income-producing rental. Behind the gated entrance, heritage oak trees, a seasonal creek, small barn, and chicken coop create the kind of authentic Hill Country experience guests come to Dripping Springs to find. There's room to gather around a firepit, enjoy coffee under the trees, watch the stars at night, or simply escape the pace of the city. The acreage also offers plenty of potential to further enhance the guest experience with outdoor gathering spaces, games, gardens, or other amenities. Inside, the thoughtfully updated home features three bedrooms, a beautifully renovated bath, and an updated kitchen that blends modern convenience with Hill Country character. City water, low tax rates, and no HOA add to the property's appeal. Location is one of the biggest advantages. Just ten minutes from downtown Dripping Springs and convenient to the Hill Country Galleria, the property puts guests close to the area's popular wedding venues, wineries, breweries, restaurants, shopping, and Hill Country attractions while still giving them the privacy and acreage of a true country getaway. Whether you're looking for a dedicated short-term rental, a weekend retreat that can generate income when you're away, or a long-term investment as your primary residence in the growing Dripping Springs area, this property offers a combination that's increasingly hard to find: acreage, privacy, character, convenience, and flexibility. All in the heart of the Texas Hill Country.
Financial Info
- Price
- $525,000
- $ / Sqft
- $364
- HOA
- None
- Tax Rate
- 1.64%
- Est. Taxes
- $6,795
- Tax Year
- 2025
- Exemptions
- None
Legal Info
- Address
- 2591 Spring Valley DR
- County
- Hays
- City
- Dripping Springs
- State
- TX
- Zip
- 78620
- Subdivision
- Springlake
- Legal Description
- SPRINGLAKE, BLOCK 147-A, ACRES 2.744, *REPLAT OF LOT 147*
- Parcel
- 1180700000147004
Interior Features
- Floor
- Carpet, Tile, Vinyl, Wood
- Num Living
- 1
- Dining
- 1
- Kitchen
- Eat-in Kitchen
- Appliances
- Dishwasher, Microwave, Gas Oven, Free-Standing Gas Range, Stainless Steel Appliance(s), Gas Water Heater
- Laundry
- In Kitchen, Laundry Closet, Main Level
- Master Bed
- Double Vanity, Primary Bedroom on Main
- Master Main
- Yes
- Fireplace Description
- None
- Interior Features
- Ceiling Fan(s), Beamed Ceilings, High Ceilings, Double Vanity, Eat-in Kitchen, French Doors, No Interior Steps, Primary Bedroom on Main, Soaking Tub, Stackable W/D Connections, Washer Hookup, None
General Info
- Beds
- 3 Total / 3 Main Level
- Full / Half Baths
- 1 / 0
- Prop Type
- Residential
- Property Type
- Single Family Residence
- Stories
- 1
- Year Built
- 1983 / Resale
- Square Feet
- 1,444 / Public Records
- Garage Desc
- Circular Driveway, Outside, RV Access/Parking, Storage
- Foundation
- Pillar/Post/Pier
- Roof
- Composition, Metal
- Construction
- Frame, Cement Siding, Wood Siding
- Acres
- 2.74
- Lot Description
- Back Yard, Cul-De-Sac, Front Yard, Level, Native Plants, Private, Many Trees, Trees-Medium (20 Ft - 40 Ft), Views
- Restrictions
- None
- Flood Plain
- No
- View
- Creek/Stream, Hill Country, Panoramic, Trees/Woods
- Water Access
- No
- Waterfront
- No
- Area
- HD
Utility Info
- Water
- Public
- Sewer
- Septic Tank
- Utilities
- Electricity Connected, Internet-Cable, Phone Available, Propane, Sewer Connected, Water Connected
- Heat
- Central, Hot Water, Propane
- A C
- Central Air
Exterior Features
- Fence
- Electric, Fenced, Livestock, Partial
- Exterior Features
- Lighting, Private Yard, Covered, Front Porch, Patio, Rear Porch
- Pool On Property
- No
- Area Amenities
- None
Price history
| Date | Event | Price | Change |
|---|---|---|---|
| Sep 10, 2026 | Price Decrease | $525,000−$14,000 (−2.6%) | −$14,000 (−2.6%) |
| Aug 6, 2026 | New Listing | — |
Taxes
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
Estimated monthly payment
$3,659 / mo
20% down · 6.50% interest · 30-year fixed
Estimated monthly payment $3,659
- Principal & interest
- $2,655
- Property taxes
- $566
- Homeowners insurance
- $438
*PITI only
These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.
| Year | Starting balance | Principal paid | Interest paid | Ending balance | Principal vs interest |
|---|---|---|---|---|---|
| 1 | $420,000 | $4,694 | $27,162 | $415,306 | |
| 2 | $415,306 | $5,009 | $26,847 | $410,297 | |
| 3 | $410,297 | $5,344 | $26,512 | $404,952 | |
| 4 | $404,952 | $5,702 | $26,154 | $399,250 | |
| 5 | $399,250 | $6,084 | $25,772 | $393,166 | |
| 6 | $393,166 | $6,492 | $25,365 | $386,675 | |
| 7 | $386,675 | $6,926 | $24,930 | $379,748 | |
| 8 | $379,748 | $7,390 | $24,466 | $372,358 | |
| 9 | $372,358 | $7,885 | $23,971 | $364,473 | |
| 10 | $364,473 | $8,413 | $23,443 | $356,060 |
- Year 1$415,306
- Principal paid
- $4,694
- Interest paid
- $27,162
- Starting balance
- $420,000
- Year 2$410,297
- Principal paid
- $5,009
- Interest paid
- $26,847
- Starting balance
- $415,306
- Year 3$404,952
- Principal paid
- $5,344
- Interest paid
- $26,512
- Starting balance
- $410,297
- Year 4$399,250
- Principal paid
- $5,702
- Interest paid
- $26,154
- Starting balance
- $404,952
- Year 5$393,166
- Principal paid
- $6,084
- Interest paid
- $25,772
- Starting balance
- $399,250
- Year 6$386,675
- Principal paid
- $6,492
- Interest paid
- $25,365
- Starting balance
- $393,166
- Year 7$379,748
- Principal paid
- $6,926
- Interest paid
- $24,930
- Starting balance
- $386,675
- Year 8$372,358
- Principal paid
- $7,390
- Interest paid
- $24,466
- Starting balance
- $379,748
- Year 9$364,473
- Principal paid
- $7,885
- Interest paid
- $23,971
- Starting balance
- $372,358
- Year 10$356,060
- Principal paid
- $8,413
- Interest paid
- $23,443
- Starting balance
- $364,473
Nearby
Courtesy of Magnolia Realty Austin Hill Co · (512) 771-4176
Listings courtesy of ACTRIS as distributed by MLS GRID.