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ActiveMLS #2947076

275 Crater Lake DR, Dripping Springs TX 78620

Dripping Springs, TX 78620 · Cannon Ranch

Single Family Residence for sale in Cannon Ranch

5Bedrooms
2 full / 1 halfBathrooms
2,290Square Ft
0.15Acres
2Garage
2026Year Built
Price Reduced
1 / 39
$499,479$502,509

Overview

Property Description

NEW CONSTRUCTION BY ASHTON WOODS! Available August 2026! Discover the captivating allure of this thoughtfully designed home plan, boasting a total of 4 bedrooms and 2.5 bathrooms across two impeccably crafted stories. With a spacious living area and a charming dining space, the Cassidy home plan exudes a warm and inviting ambiance for memorable gatherings. The open-concept layout offers seamless flow, while generous storage and large windows flood the space with natural light. Ideal for both relaxation and entertaining, this home offers everything you need for comfortable living.

Financial Info
Price
$499,479
$ / Sqft
$218
HOA
Yes - Mandatory / $43 / Monthly
HOA Name
Cannon Ranch
HOA Includes
Common Area Maintenance
Tax Rate
1.68%
Est. Taxes
$782
Tax Year
2025
Exemptions
None
Legal Info
Address
275 Crater Lake DR
County
Hays
City
Dripping Springs
State
TX
Zip
78620
Subdivision
Cannon Ranch
Legal Description
CANNON RANCH PHASE 2, BLOCK 7, LOT 31, 6494 SQUARE FEET
Parcel
1112030007000314
Interior Features
Floor
Carpet, Vinyl
Num Living
1
Dining
1
Kitchen
Breakfast Bar, Kitchen Island
Appliances
Built-In Oven(s), Dishwasher, Disposal, ENERGY STAR Qualified Appliances, Exhaust Fan, Gas Cooktop, Gas Range, Microwave, Stainless Steel Appliance(s)
Laundry
Laundry Room
Master Bed
Double Vanity, Primary Bedroom on Main
Master Main
Yes
Interior Features
Breakfast Bar, Ceiling Fan(s), High Ceilings, Double Vanity, Electric Dryer Hookup, Kitchen Island, Open Floorplan, Primary Bedroom on Main, Recessed Lighting, Washer Hookup, Smoke Detector(s), ENERGY STAR Qualified Windows, Screens
General Info
Beds
5 Total / 1 Main Level / 4 Other Level
Full / Half Baths
2 / 1
Prop Type
Residential
Property Type
Single Family Residence
Stories
2
Year Built
2026 / New
Square Feet
2,290 / Builder
Garages
2
Garage Desc
Attached, Garage, Garage Faces Front
Foundation
Slab
Roof
Composition
Construction
HardiPlank Type, Masonry – Partial, Stone
Acres
0.15
Lot Description
Interior Lot, Sprinkler - Automatic, Sprinkler - Back Yard, Sprinklers In Front, Sprinkler - Side Yard
Restrictions
Deed Restrictions
Flood Plain
No
View
Hill Country
Water Access
No
Waterfront
No
Area
HD
Utility Info
Water
Public
Sewer
Public Sewer
Utilities
Cable Available, Electricity Available, Internet-Cable, Natural Gas Available, Water Available
Heat
Central, Natural Gas
A C
Central Air
Exterior Features
Fence
Back Yard, Privacy, Wood
Exterior Features
Gutters Partial, Pest Tubes in Walls, Covered, Patio
Pool On Property
No
Area Amenities
Cluster Mailbox, Picnic Area, Playground

Rooms

Rooms3 rooms

Main level

  • Primary Bedroom

    None

  • Primary Bathroom

    Dual Vanity, Walk-In Closet(s), Walk-in Shower

  • Kitchen

    Kitchn - Breakfast Area, Center Island, Quartz Counters, Open to Family Room, Recessed Lighting

Price history

Members only
Days on market
−$3,030 (−0.6%)
$502,509 → $499,479
1
Price reduction
Active
Since Jul 20, 2026
Price trend
List priceJul 2026Aug 2026
Property history2 events
DateEventPriceChange
Aug 26, 2026Price Decrease$499,479−$3,030 (−0.6%)
Jul 20, 2026New Listing

Taxes

General Information
Owner
ASHTON AUSTIN RESIDENTIAL LLC
Legal
CANNON RANCH PHASE 2, BLOCK 7, Lot 31, 6494 SQUARE FEET
Geo ID
1112030007000314
Exemptions
Exemption Type
INV
Taxing Units
Detail
Not provided by this county source
Tax Summary
MLS estimated annual taxes
$782
MLS tax year
2025
Appraisal Values
YearLandImprovementsMarketAssessed
2026$63,720$0$63,720$63,720

Disclaimer: Tax data provided by Hays Central Appraisal District (2026 Hays CAD PropertyDataExport 2026-08-26).

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

List price $499,479
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

$3,007 / mo

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

Estimated monthly payment $3,007

Principal & interest
$2,526
Property taxes
$65
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.

Principal, interest and balance for each year
YearStarting balancePrincipal paidInterest paidEnding balancePrincipal vs interest
1$399,583$4,466$25,841$395,117
2$395,117$4,765$25,542$390,352
3$390,352$5,085$25,223$385,267
4$385,267$5,425$24,883$379,842
5$379,842$5,788$24,519$374,054
6$374,054$6,176$24,132$367,878
7$367,878$6,590$23,718$361,288
8$361,288$7,031$23,277$354,257
9$354,257$7,502$22,806$346,755
10$346,755$8,004$22,303$338,751
  • Year 1$395,117
    Principal paid
    $4,466
    Interest paid
    $25,841
    Starting balance
    $399,583
  • Year 2$390,352
    Principal paid
    $4,765
    Interest paid
    $25,542
    Starting balance
    $395,117
  • Year 3$385,267
    Principal paid
    $5,085
    Interest paid
    $25,223
    Starting balance
    $390,352
  • Year 4$379,842
    Principal paid
    $5,425
    Interest paid
    $24,883
    Starting balance
    $385,267
  • Year 5$374,054
    Principal paid
    $5,788
    Interest paid
    $24,519
    Starting balance
    $379,842
  • Year 6$367,878
    Principal paid
    $6,176
    Interest paid
    $24,132
    Starting balance
    $374,054
  • Year 7$361,288
    Principal paid
    $6,590
    Interest paid
    $23,718
    Starting balance
    $367,878
  • Year 8$354,257
    Principal paid
    $7,031
    Interest paid
    $23,277
    Starting balance
    $361,288
  • Year 9$346,755
    Principal paid
    $7,502
    Interest paid
    $22,806
    Starting balance
    $354,257
  • Year 10$338,751
    Principal paid
    $8,004
    Interest paid
    $22,303
    Starting balance
    $346,755
First 10 of 30 years

Nearby

Courtesy of ERA Experts · (512) 270-4765

Listings courtesy of ACTRIS as distributed by MLS GRID.