261 Cathedral Mountain DR, Dripping Springs TX 78620
Dripping Springs, TX 78620 · Big Sky Ranch
Single Family Residence for sale in Big Sky Ranch
Overview
Property Description
Welcome to 261 Cathedral Mountain Dr, a rare executive-collection resale opportunity in the highly sought-after Big Sky Ranch community of Dripping Springs. Built in 2024 by Meritage Homes, this exceptional single-story residence offers 2,749 square feet, 4 bedrooms, 3 full bathrooms, a dedicated home office, and a highly desirable 3-car garage. Positioned within a quiet street alcove of the neighborhood, this premium homesite benefits from one of the lowest property tax rates in Dripping Springs ISD and is zoned to the brand-new Wildwood Springs Elementary School. The thoughtfully designed floor plan features a private primary suite tucked away from the secondary bedrooms, creating a peaceful retreat with dual vanities, soaking tub, separate walk-in shower, and oversized walk-in closet. At the heart of the home, the chef-inspired kitchen showcases quartz countertops, an oversized island with seating, built-in gas cooktop, built-in wall oven and microwave, stainless steel appliances, butler-style serving area, walk-in pantry, water softener, water purifier, and tankless water heater. The open-concept layout seamlessly connects the kitchen, dining, and living spaces while offering a rare secondary flex living area. Additional highlights include smart home technology, dedicated laundry room, covered front and rear patios, fully fenced backyard, and no interior or exterior steps. Residents enjoy access to Big Sky Ranch's resort-style pool, playground, pavilion, trails, and community events. Barely lived in and move-in ready with appliances included, this better-than-new home offers exceptional value in one of Dripping Springs' most desirable communities.
Financial Info
- Price
- $499,000
- $ / Sqft
- $182
- HOA
- Yes - Mandatory / $45 / Monthly
- HOA Name
- Big Sky Ranch
- HOA Includes
- Common Area Maintenance, Maintenance Grounds
- Tax Rate
- 1.9%
- Est. Taxes
- $8,769.65
- Tax Year
- 2025
- Exemptions
- See Remarks
Legal Info
- Address
- 261 Cathedral Mountain DR
- County
- Hays
- City
- Dripping Springs
- State
- TX
- Zip
- 78620
- Subdivision
- Big Sky Ranch
- Legal Description
- BIG SKY RANCH PHASE 3 AT DRIPPING SPRINGS, BLOCK 42, Lot 20
- Parcel
- 261 Cathedral Mountian Dr
Interior Features
- Floor
- Carpet, Tile, Vinyl
- Num Living
- 2
- Dining
- 2
- Kitchen
- Kitchen Island, Pantry
- Appliances
- Built-In Gas Range, Built-In Oven(s), Dishwasher, Disposal, ENERGY STAR Qualified Appliances, Microwave, RNGHD, Refrigerator, Stainless Steel Appliance(s), Washer/Dryer, Tankless Water Heater, WaterPurifier, Water Softener Owned
- Laundry
- Laundry Room, Main Level
- Master Bed
- Double Vanity, Primary Bedroom on Main, Walk-In Closet(s)
- Master Main
- Yes
- Fireplace Description
- None
- Interior Features
- See Remarks, Ceiling Fan(s), High Ceilings, Quartz Counters, Double Vanity, French Doors, High Speed Internet, Kitchen Island, Multiple Dining Areas, Multiple Living Areas, Open Floorplan, Pantry, Primary Bedroom on Main, Recessed Lighting, Smart Home, Storage, Study/Home Office, Walk-In Closet(s), Smoke Detector(s), Blinds
General Info
- Beds
- 4 Total / 4 Main Level
- Full / Half Baths
- 3 / 0
- Prop Type
- Residential
- Property Type
- Single Family Residence
- Stories
- 1
- Year Built
- 2024 / Resale
- Square Feet
- 2,742 / Builder
- Garages
- 3
- Garage Desc
- Driveway, Garage, Garage Door Opener
- Foundation
- Slab
- Roof
- Composition
- Construction
- Brick Veneer, Cement Siding, Stone Veneer
- Acres
- 0.17
- Lot Description
- Sprinkler - Automatic, Sprinkler - In-ground
- Restrictions
- Covenant, Deed Restrictions
- Flood Plain
- No
- View
- See Remarks
- Water Access
- No
- Waterfront
- No
- Area
- HD
Utility Info
- Water
- Public
- Sewer
- Public Sewer
- Utilities
- Electricity Available, Natural Gas Available
- Heat
- Central
- A C
- Central Air
Exterior Features
- Fence
- Gate, Wood
- Exterior Features
- See Remarks, Gas Grill, Gutters Partial, No Exterior Steps, Covered, Front Porch, Rear Porch
- Pool On Property
- No
- Area Amenities
- Planned Social Activities, Playground, Pool, Street Lights
Price history
| Date | Event | Price | Change |
|---|---|---|---|
| Sep 1, 2026 | Pending | — | |
| Aug 26, 2026 | Active Under Contract | — | |
| Aug 12, 2026 | Price Decrease | $499,000−$900 (−0.2%) | −$900 (−0.2%) |
| Jul 23, 2026 | Price Decrease | $499,900−$90 (−0%) | −$90 (−0%) |
| Jul 7, 2026 | Price Decrease | $499,990−$30,010 (−5.7%) | −$30,010 (−5.7%) |
| Jun 18, 2026 | New Listing | — |
Taxes
- Owner
- MUDDY NOSE PROPERTIES LLC
- Legal
- BIG SKY RANCH PHASE 3 AT DRIPPING SPRINGS, BLOCK 42, Lot 20, ACRES 0.165
- Geo ID
- 1103960042020004
- Acreage
- 0.17
- Exemption Type
- None on record
- Detail
- Not provided by this county source
- MLS estimated annual taxes
- $8,769.65
- MLS tax year
- 2025
| Year | Land | Improvements | Market | Assessed |
|---|---|---|---|---|
| 2026 | $119,480 | $383,480 | $502,960 | $502,960 |
Disclaimer: Tax data provided by Hays Central Appraisal District (2026 Hays CAD PropertyDataExport 2026-08-26).
Schools
School Info
- District
- Dripping Springs ISD
- Elementary
- WildwoodSprings
- 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
$3,670 / mo
20% down · 6.50% interest · 30-year fixed
Estimated monthly payment $3,670
- Principal & interest
- $2,523
- Property taxes
- $731
- 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.
| Year | Starting balance | Principal paid | Interest paid | Ending balance | Principal vs interest |
|---|---|---|---|---|---|
| 1 | $399,200 | $4,462 | $25,817 | $394,738 | |
| 2 | $394,738 | $4,761 | $25,518 | $389,977 | |
| 3 | $389,977 | $5,080 | $25,199 | $384,898 | |
| 4 | $384,898 | $5,420 | $24,859 | $379,478 | |
| 5 | $379,478 | $5,783 | $24,496 | $373,695 | |
| 6 | $373,695 | $6,170 | $24,109 | $367,525 | |
| 7 | $367,525 | $6,583 | $23,695 | $360,942 | |
| 8 | $360,942 | $7,024 | $23,254 | $353,917 | |
| 9 | $353,917 | $7,495 | $22,784 | $346,423 | |
| 10 | $346,423 | $7,997 | $22,282 | $338,426 |
- Year 1$394,738
- Principal paid
- $4,462
- Interest paid
- $25,817
- Starting balance
- $399,200
- Year 2$389,977
- Principal paid
- $4,761
- Interest paid
- $25,518
- Starting balance
- $394,738
- Year 3$384,898
- Principal paid
- $5,080
- Interest paid
- $25,199
- Starting balance
- $389,977
- Year 4$379,478
- Principal paid
- $5,420
- Interest paid
- $24,859
- Starting balance
- $384,898
- Year 5$373,695
- Principal paid
- $5,783
- Interest paid
- $24,496
- Starting balance
- $379,478
- Year 6$367,525
- Principal paid
- $6,170
- Interest paid
- $24,109
- Starting balance
- $373,695
- Year 7$360,942
- Principal paid
- $6,583
- Interest paid
- $23,695
- Starting balance
- $367,525
- Year 8$353,917
- Principal paid
- $7,024
- Interest paid
- $23,254
- Starting balance
- $360,942
- Year 9$346,423
- Principal paid
- $7,495
- Interest paid
- $22,784
- Starting balance
- $353,917
- Year 10$338,426
- Principal paid
- $7,997
- Interest paid
- $22,282
- Starting balance
- $346,423
Nearby
Courtesy of Avalar Austin · (512) 610-5000
Listings courtesy of ACTRIS as distributed by MLS GRID.