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Active Under ContractMLS #7334972

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

3Bedrooms
2 full / 1 halfBathrooms
3,500Square Ft
2.30Acres
0Garage
1994Year Built
1 / 38
$1,150,000$1,350,000
3D tour

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

Members only
Days on market
−$200,000 (−14.8%)
$1,350,000 → $1,150,000
2
Price reductions
Active Under Contract
Since Mar 27, 2026
Price trend
List priceMar 2026May 2026
Property history4 events
DateEventPriceChange
Aug 18, 2026Active Under Contract
May 19, 2026Price Decrease$1,150,000−$125,000 (−9.8%)
Apr 9, 2026Price Decrease$1,275,000−$75,000 (−5.6%)
Mar 27, 2026New Listing

Taxes

General Information
Owner
MILSTEAD, ANDREW LAMAR & MEGAN MCKENZIE
Legal
MEDLIN CREEK PHASE I, LOT 62, ACRES 2.304
Geo ID
1153900000062004
Acreage
2.30
Exemptions
Exemption Type
Homestead
Taxing Units
Detail
Not provided by this county source
Tax Summary
MLS estimated annual taxes
$16,520.68
MLS tax year
2025
Appraisal Values
YearLandImprovementsMarketAssessed
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

List price $1,150,000
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

$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.

Principal, interest and balance for each year
YearStarting balancePrincipal paidInterest paidEnding balancePrincipal 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
First 10 of 30 years

Nearby

Courtesy of Magnolia Realty Austin Hill Co · (512) 771-4176

Listings courtesy of ACTRIS as distributed by MLS GRID.