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Active Under ContractMLS #4515192

450 and 500 Springlake DR, Dripping Springs TX 78620

Dripping Springs, TX 78620 · Springlake

Single Family Residence for sale in Springlake

3Bedrooms
2Bathrooms
1,420Square Ft
0.94Acres
2Garage
1925Year Built
1 / 24
$440,000$525,000

Overview

Property Description

A charming 1925 country-style home featuring preserved original wood floors. The kitchen and bathrooms have been thoughtfully remodeled with a warm farmhouse aesthetic, and a cozy wood-burning fireplace adds to the home’s rustic appeal. . The adjoining 1 acre lot, 450 Springlake is an unimproved property filled with mature vegetation and native trees, offering exceptional privacy and a good building site with available electricity line right next to the property. Enjoy peaceful morning and evening views from the screened-in front porch. A Vivint security system with two cameras—one on the porch and one in the garage—provides added peace of mind. The parcel has an ingress-egress easement from south to north. *If you are interested in more land. Located directly behind to the North, there is a 6.8 parcel that is currently on the market. MLS 6469840

Financial Info
Price
$440,000
$ / Sqft
$310
HOA
None
Tax Rate
2.1745%
Est. Taxes
$8,409.37
Tax Year
2025
Exemptions
Homestead, Over 65
Legal Info
Address
450 and 500 Springlake DR
County
Hays
City
Dripping Springs
State
TX
Zip
78620
Subdivision
Springlake
Legal Description
SPRINGLAKE LOT 43 0.942 AC GEO#90403520
Parcel
1180700000043004
Interior Features
Floor
Wood
Num Living
2
Dining
1
Kitchen
Breakfast Bar, Pantry
Appliances
Dishwasher, Dryer, Free-Standing Range, Refrigerator, Washer
Laundry
In Garage
Master Bed
Primary Bedroom on Main
Master Main
Yes
Fireplaces
1
Fireplace Description
Living Room, Wood Burning
Interior Features
Breakfast Bar, Ceiling Fan(s), Electric Dryer Hookup, Multiple Living Areas, Pantry, Primary Bedroom on Main, Washer Hookup, See Remarks, None
General Info
Beds
3 Total / 3 Main Level
Full / Half Baths
2 / 0
Prop Type
Residential
Property Type
Single Family Residence
Stories
1
Year Built
1925 / Updated/Remodeled
Square Feet
1,420 / Public Records
Garages
2
Garage Desc
Concrete, Garage
Foundation
Pillar/Post/Pier
Roof
Metal
Construction
Wood Siding
Acres
0.94
Lot Description
Back Yard, Front Yard, Native Plants, Public Maintained Road, Sloped Up, Many Trees, Views
Restrictions
Deed Restrictions, Easement
Flood Plain
No
View
Hill Country, Trees/Woods
Water Access
No
Waterfront
No
Area
HD
Utility Info
Water
Public
Sewer
Septic Tank
Utilities
Electricity Available
Heat
Central
A C
Central Air
Exterior Features
Fence
Partial
Exterior Features
Exterior Steps, Lighting, Permeable Paving, See Remarks, Front Porch, Screened
Pool On Property
No
Area Amenities
None

Price history

Members only
Days on market
−$85,000 (−16.2%)
$525,000 → $440,000
2
Price reductions
Active Under Contract
Since Nov 25, 2025
Price trend
List priceNov 2025Aug 2026
Property history7 events
DateEventPriceChange
Sep 10, 2026Active Under Contract
Aug 26, 2026Price Increase$440,000+$25,000 (+6%)
Jul 3, 2026Price Decrease$415,000−$80,000 (−16.2%)
Apr 14, 2026Back On Market
Mar 6, 2026Active Under Contract
Jan 23, 2026Price Decrease$495,000−$30,000 (−5.7%)
Nov 25, 2025New Listing

Taxes

General Information
Owner
EDSON, ROBERT C
Legal
SPRINGLAKE LOT 43 0.942 AC GEO#90403520
Geo ID
1180700000043004
Acreage
0.94
Exemptions
Exemption Type
CBL
Taxing Units
Detail
Not provided by this county source
Tax Summary
MLS estimated annual taxes
$8,409.37
MLS tax year
2025
Appraisal Values
YearLandImprovementsMarketAssessed
2026$197,110$140,280$337,390$322,804

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 $440,000
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

$3,293 / mo

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

Estimated monthly payment $3,293

Principal & interest
$2,225
Property taxes
$701
Homeowners insurance
$367

*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$352,000$3,934$22,764$348,066
2$348,066$4,198$22,501$343,868
3$343,868$4,479$22,220$339,389
4$339,389$4,779$21,920$334,610
5$334,610$5,099$21,599$329,511
6$329,511$5,441$21,258$324,070
7$324,070$5,805$20,894$318,265
8$318,265$6,194$20,505$312,072
9$312,072$6,608$20,090$305,463
10$305,463$7,051$19,647$298,412
  • Year 1$348,066
    Principal paid
    $3,934
    Interest paid
    $22,764
    Starting balance
    $352,000
  • Year 2$343,868
    Principal paid
    $4,198
    Interest paid
    $22,501
    Starting balance
    $348,066
  • Year 3$339,389
    Principal paid
    $4,479
    Interest paid
    $22,220
    Starting balance
    $343,868
  • Year 4$334,610
    Principal paid
    $4,779
    Interest paid
    $21,920
    Starting balance
    $339,389
  • Year 5$329,511
    Principal paid
    $5,099
    Interest paid
    $21,599
    Starting balance
    $334,610
  • Year 6$324,070
    Principal paid
    $5,441
    Interest paid
    $21,258
    Starting balance
    $329,511
  • Year 7$318,265
    Principal paid
    $5,805
    Interest paid
    $20,894
    Starting balance
    $324,070
  • Year 8$312,072
    Principal paid
    $6,194
    Interest paid
    $20,505
    Starting balance
    $318,265
  • Year 9$305,463
    Principal paid
    $6,608
    Interest paid
    $20,090
    Starting balance
    $312,072
  • Year 10$298,412
    Principal paid
    $7,051
    Interest paid
    $19,647
    Starting balance
    $305,463
First 10 of 30 years

Nearby

Courtesy of Moreland Properties · (512) 263-3282

Listings courtesy of ACTRIS as distributed by MLS GRID.