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ActiveMLS #7043484

409 Dos Lagos, Dripping Springs TX 78620

Dripping Springs, TX 78620 · Dos Lagos Sub

Single Family Residence for sale in Dos Lagos Sub

4Bedrooms
2 full / 1 halfBathrooms
3,499Square Ft
2.44Acres
2Garage
2017Year Built
Price Reduced
1 / 40
$1,125,000$1,275,000

Overview

Property Description

NEW PRICE! Set behind the gates of Dos Lagos on 2.43 private acres, this custom-built estate blends thoughtful design, sustainability, and Hill Country beauty in one exceptional offering. Built in 2017 and backing to a serene greenbelt, the property delivers privacy, mature landscaping and a lifestyle centered around comfort, efficiency, and connection to nature. The 2831 SF main residence features 4 bedrooms, 2.5 bathrooms, 2 living areas, and wood flooring throughout both levels. Designed for effortless everyday living and entertaining, the open-concept kitchen, dining, and living spaces flow seamlessly together, complemented by a well-appointed butler’s pantry for additional storage and prep space. A separate 668 SF structure provides flexibility for entertaining, a private office or creative space. This flexible space is both functional and inviting. The backyard is beautifully landscaped and fenced, creating a private retreat. A large, irrigated garden produces a variety of fruits, vegetables, and herbs, while the greenhouse—equipped with plumbing and a wood-burning fireplace—offers the ideal environment for keeping plants thriving year-round. It also doubles as a peaceful retreat for an al fresco dinner or an evening glass of wine. Sustainability is seamlessly integrated throughout the property. The primary water source is an impressive rainwater collection system that feeds into a 31,800-gallon storage tank. Storage and workspace are cleverly tucked in next to the water storage tank. Additionally, 32 ground-mounted solar panels are discreetly positioned out of sight and substantially reduce monthly electric costs. The property's favorable 1.63% tax rate adds even more value. Located within the highly regarded Dripping Springs Independent School District, this property offers a rare opportunity to enjoy luxury living with modern self-sufficiency in one of Dripping Springs’ most sought-after gated communities.

Financial Info
Price
$1,125,000
$ / Sqft
$322
HOA
Yes - Mandatory / $75 / Monthly
HOA Name
Dos Lagos
HOA Includes
Common Area Maintenance
Tax Rate
1.6353%
Est. Taxes
$14,783.65
Tax Year
2025
Exemptions
Homestead
Legal Info
Address
409 Dos Lagos
County
Hays
City
Dripping Springs
State
TX
Zip
78620
Subdivision
Dos Lagos Sub
Legal Description
DOS LAGOS SUBD, BLOCK B, LOT 1, ACRES 2.44
Parcel
112495000B001004
Interior Features
Floor
Tile, Wood
Num Living
2
Dining
1
Kitchen
Breakfast Bar, Eat-in Kitchen, Kitchen Island, Pantry
Appliances
Dishwasher, Disposal, Gas Cooktop, Microwave, Range, Stainless Steel Appliance(s)
Laundry
Inside, Laundry Room
Master Bed
Double Vanity, Primary Bedroom on Main, Walk-In Closet(s)
Master Main
Yes
Fireplaces
2
Fireplace Description
Gas, Stone, Wood Burning
Interior Features
Bookcases, Breakfast Bar, Built-in Features, Ceiling Fan(s), Cathedral Ceiling(s), Vaulted Ceiling(s), Quartz Counters, Double Vanity, Eat-in Kitchen, Interior Steps, Kitchen Island, Multiple Living Areas, Open Floorplan, Pantry, Primary Bedroom on Main, Recessed Lighting, Smart Thermostat, Soaking Tub, Storage, Walk-In Closet(s), Smoke Detector(s), Blinds
General Info
Beds
4 Total / 1 Main Level / 3 Other Level
Full / Half Baths
2 / 1
Prop Type
Residential
Property Type
Single Family Residence
Stories
2
Year Built
2017 / Resale
Square Feet
3,499 / Builder
Garages
2
Garage Desc
Door-Single, Driveway, Garage
Foundation
Slab
Roof
Metal
Construction
Cement Siding, Stone
Acres
2.44
Lot Description
Back to Park/Greenbelt, Garden, Landscaped, Sprinkler - Drip Only/Bubblers, Views
Restrictions
Covenant, Deed Restrictions
Flood Plain
No
View
Garden, Park/Greenbelt, Pond
Water Access
No
Waterfront
No
Area
HD
Utility Info
Water
See Remarks
Sewer
Septic Tank
Utilities
See Remarks, Electricity Connected, Propane
Heat
Central
A C
Central Air
Exterior Features
Fence
Partial, Wrought Iron
Exterior Features
See Remarks, Garden, Gutters Full, Patio, Porch
Pool On Property
No
Area Amenities
Common Grounds, Gated

Rooms

Rooms3 rooms

Main level

  • Primary Bathroom
  • Kitchen
  • Primary Bedroom

Price history

Members only
Days on market
−$150,000 (−11.8%)
$1,275,000 → $1,125,000
2
Price reductions
Active
Since Jun 9, 2026
Price trend
List priceJun 2026Sep 2026
Property history3 events
DateEventPriceChange
Sep 18, 2026Price Decrease$1,125,000−$70,000 (−5.9%)
Jul 16, 2026Price Decrease$1,195,000−$80,000 (−6.3%)
Jun 9, 2026New Listing

Taxes

General Information
Owner
MCIVER REECE & KALLIE GRAY
Legal
DOS LAGOS SUBD, BLOCK B, Lot 1, ACRES 2.44
Geo ID
112495000B001004
Acreage
2.44
Exemptions
Exemption Type
Homestead
Taxing Units
Detail
Not provided by this county source
Tax Summary
MLS estimated annual taxes
$14,783.65
MLS tax year
2025
Appraisal Values
YearLandImprovementsMarketAssessed
2026$416,130$520,910$937,040$937,040

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

Schools

School Info
District
Dripping Springs ISD
Elementary
Walnut 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 $1,125,000
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

$7,859 / mo

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

Estimated monthly payment $7,859

Principal & interest
$5,689
Property taxes
$1,232
Homeowners insurance
$938

*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$900,000$10,060$58,204$889,940
2$889,940$10,733$57,530$879,207
3$879,207$11,452$56,811$867,755
4$867,755$12,219$56,044$855,536
5$855,536$13,037$55,226$842,499
6$842,499$13,910$54,353$828,588
7$828,588$14,842$53,421$813,746
8$813,746$15,836$52,427$797,910
9$797,910$16,897$51,367$781,013
10$781,013$18,028$50,235$762,985
  • Year 1$889,940
    Principal paid
    $10,060
    Interest paid
    $58,204
    Starting balance
    $900,000
  • Year 2$879,207
    Principal paid
    $10,733
    Interest paid
    $57,530
    Starting balance
    $889,940
  • Year 3$867,755
    Principal paid
    $11,452
    Interest paid
    $56,811
    Starting balance
    $879,207
  • Year 4$855,536
    Principal paid
    $12,219
    Interest paid
    $56,044
    Starting balance
    $867,755
  • Year 5$842,499
    Principal paid
    $13,037
    Interest paid
    $55,226
    Starting balance
    $855,536
  • Year 6$828,588
    Principal paid
    $13,910
    Interest paid
    $54,353
    Starting balance
    $842,499
  • Year 7$813,746
    Principal paid
    $14,842
    Interest paid
    $53,421
    Starting balance
    $828,588
  • Year 8$797,910
    Principal paid
    $15,836
    Interest paid
    $52,427
    Starting balance
    $813,746
  • Year 9$781,013
    Principal paid
    $16,897
    Interest paid
    $51,367
    Starting balance
    $797,910
  • Year 10$762,985
    Principal paid
    $18,028
    Interest paid
    $50,235
    Starting balance
    $781,013
First 10 of 30 years

Nearby

Courtesy of Kuper Sotheby's Int'l Realty · (512) 261-0008

Listings courtesy of ACTRIS as distributed by MLS GRID.