301 Medlin Creek LOOP, Dripping Springs TX 78620
Dripping Springs, TX 78620 · Medlin Creek Ph I
Single Family Residence for sale in Medlin Creek Ph I
Overview
Property Description
Set on 2.3 fully fenced and gated acres in the highly sought-after Medlin Creek neighborhood off Fitzhugh Rd, this remodeled Hill Country property offers space, privacy, and a lifestyle close to wineries, breweries, and near one of the hill countries favorite towns, Dripping Springs. The 3,500 sq ft home features 3 bedrooms, 2.5 bathrooms, and a large converted garage that functions as an expansive bonus or flex space with endless potential for a large primary suite, guest quarters or more bedrooms. The main level includes the primary suite, while two additional bedrooms are located upstairs. Remodeled in 2021, the home exudes rustic charm with thoughtful updates like beamed ceilings and a german schmear fireplace. Interior highlights include wood floors in the main area, shiplap walls, wainscoting in the dining area and updated lighting fixtures. The kitchen and primary shower have been updated, offering a beautiful, functional layout while maintaining character. Outdoor living is a standout feature with a large covered back patio, pool and spa, fire pit, outdoor kitchen, a wet weather creek at the back of the lot, and views of oak groves throughout the property. The wraparound front porch, complete with a swing and space for rocking chairs, creates a welcoming place to enjoy the Hill Country setting. The property backs to a larger ranchette, enhancing the sense of privacy and country living while still only being minutes from downtown Dripping Springs. Additional features include a well and 40,000 gallon rainwater collection system, a storage shed, playscape and a chicken coop. This is a rare opportunity for acreage living in a prime Dripping Springs location with flexibility, charm, and room to make it your own. Call today!
Financial Info
- Price
- $1,150,000
- $ / Sqft
- $329
- HOA
- Voluntary
- HOA Name
- Medlin Creek HOA- Class C members (no dues paid)
- Tax Rate
- 1.7%
- Est. Taxes
- $16,520.68
- Tax Year
- 2025
- Exemptions
- Homestead
Legal Info
- Address
- 301 Medlin Creek LOOP
- County
- Hays
- City
- Dripping Springs
- State
- TX
- Zip
- 78620
- Subdivision
- Medlin Creek Ph I
- Legal Description
- MEDLIN CREEK PHASE I, LOT 62, ACRES 2.304
- Parcel
- 1153900000062004
Interior Features
- Floor
- Tile, Wood
- Num Living
- 2
- Dining
- 2
- Kitchen
- Kitchen Island, Pantry
- Appliances
- Built-In Electric Range, Dishwasher, Disposal, Gas Oven, Refrigerator, Washer/Dryer
- Laundry
- Inside, Laundry Room, Main Level
- Master Bed
- Primary Bedroom on Main
- Master Main
- Yes
- Fireplaces
- 1
- Fireplace Description
- Living Room, Masonry, Wood Burning
- Interior Features
- Ceiling Fan(s), Beamed Ceilings, Quartz Counters, Entrance Foyer, Kitchen Island, Multiple Dining Areas, Multiple Living Areas, Open Floorplan, Pantry, Primary Bedroom on Main, None
General Info
- Beds
- 3 Total / 1 Main Level / 2 Other Level
- Full / Half Baths
- 2 / 1
- Prop Type
- Residential
- Property Type
- Single Family Residence
- Stories
- 2
- Year Built
- 1994 / Resale
- Square Feet
- 3,500 / Owner
- Garage Desc
- Outside
- Foundation
- Slab
- Roof
- Metal
- Construction
- Masonry – All Sides
- Acres
- 2.30
- Lot Description
- Back to Park/Greenbelt, Back Yard, Front Yard, Trees-Heavy, Trees-Large (Over 40 Ft)
- Restrictions
- Deed Restrictions
- Flood Plain
- No
- View
- Hill Country, Neighborhood, Trees/Woods
- Water Access
- No
- Waterfront
- No
- Area
- HD
Utility Info
- Water
- Cistern, Well
- Sewer
- Septic Tank
- Utilities
- Electricity Connected, Propane, Sewer Connected, Water Connected
- Heat
- Central, Propane
- A C
- Ceiling Fan(s), Central Air
Exterior Features
- Fence
- Full, Gate, Perimeter
- Exterior Features
- Barbecue, Gutters Full, Lighting, Front Porch, Patio, Rear Porch, Side Porch, Wrap Around
- Pool On Property
- Yes
- Area Amenities
- None
Price history
| Date | Event | Price | Change |
|---|---|---|---|
| Aug 18, 2026 | Active Under Contract | — | |
| May 19, 2026 | Price Decrease | $1,150,000−$125,000 (−9.8%) | −$125,000 (−9.8%) |
| Apr 9, 2026 | Price Decrease | $1,275,000−$75,000 (−5.6%) | −$75,000 (−5.6%) |
| Mar 27, 2026 | New Listing | — |
Taxes
- Owner
- MILSTEAD, ANDREW LAMAR & MEGAN MCKENZIE
- Legal
- MEDLIN CREEK PHASE I, LOT 62, ACRES 2.304
- Geo ID
- 1153900000062004
- Acreage
- 2.30
- Exemption Type
- Homestead
- Detail
- Not provided by this county source
- MLS estimated annual taxes
- $16,520.68
- MLS tax year
- 2025
| Year | Land | Improvements | Market | Assessed |
|---|---|---|---|---|
| 2026 | $563,820 | $842,510 | $1,406,330 | $1,111,252 |
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
Estimated monthly payment
$8,150 / mo
20% down · 6.50% interest · 30-year fixed
Estimated monthly payment $8,150
- Principal & interest
- $5,815
- Property taxes
- $1,377
- Homeowners insurance
- $958
*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 | $920,000 | $10,283 | $59,497 | $909,717 | |
| 2 | $909,717 | $10,972 | $58,809 | $898,745 | |
| 3 | $898,745 | $11,707 | $58,074 | $887,039 | |
| 4 | $887,039 | $12,491 | $57,290 | $874,548 | |
| 5 | $874,548 | $13,327 | $56,453 | $861,221 | |
| 6 | $861,221 | $14,220 | $55,561 | $847,001 | |
| 7 | $847,001 | $15,172 | $54,608 | $831,829 | |
| 8 | $831,829 | $16,188 | $53,592 | $815,641 | |
| 9 | $815,641 | $17,272 | $52,508 | $798,369 | |
| 10 | $798,369 | $18,429 | $51,351 | $779,940 |
- Year 1$909,717
- Principal paid
- $10,283
- Interest paid
- $59,497
- Starting balance
- $920,000
- Year 2$898,745
- Principal paid
- $10,972
- Interest paid
- $58,809
- Starting balance
- $909,717
- Year 3$887,039
- Principal paid
- $11,707
- Interest paid
- $58,074
- Starting balance
- $898,745
- Year 4$874,548
- Principal paid
- $12,491
- Interest paid
- $57,290
- Starting balance
- $887,039
- Year 5$861,221
- Principal paid
- $13,327
- Interest paid
- $56,453
- Starting balance
- $874,548
- Year 6$847,001
- Principal paid
- $14,220
- Interest paid
- $55,561
- Starting balance
- $861,221
- Year 7$831,829
- Principal paid
- $15,172
- Interest paid
- $54,608
- Starting balance
- $847,001
- Year 8$815,641
- Principal paid
- $16,188
- Interest paid
- $53,592
- Starting balance
- $831,829
- Year 9$798,369
- Principal paid
- $17,272
- Interest paid
- $52,508
- Starting balance
- $815,641
- Year 10$779,940
- Principal paid
- $18,429
- Interest paid
- $51,351
- Starting balance
- $798,369
Nearby
Courtesy of Magnolia Realty Austin Hill Co · (512) 771-4176
Listings courtesy of ACTRIS as distributed by MLS GRID.