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PendingMLS #4550938

702 Cottonwood Creek RD, Dripping Springs TX 78620

Dripping Springs, TX 78620 · Sunset Canyon Sec 4

Single Family Residence for sale in Sunset Canyon Sec 4

2Bedrooms
2Bathrooms
2,108Square Ft
1.87Acres
0Garage
1962Year Built
1 / 20
$499,000$515,000

Overview

Property Description

Charming fixer-upper with endless Hill Country potential! This original Sunset Canyon ranch home sits on a stunning 1.866-acre lot shaded by majestic oak trees and backing directly to Cottonwood Creek. Enjoy peaceful views, exceptional privacy, and a seasonal swimming hole with an old rock/concrete dam that adds to the property’s unique character. Inside, cathedral ceilings, expansive windows, a loft, and the original stone fireplace create a warm and welcoming atmosphere filled with natural light. A detached building with a kitchen, bedroom, and bathrooms offers excellent potential for a guest casita, studio, or private retreat. A rare opportunity to create something truly special in a beautiful natural setting. Be sure to follow the path down to the creek at the back of the property.

Financial Info
Price
$499,000
$ / Sqft
$237
HOA
None
Tax Rate
1.63%
Est. Taxes
$8,218.4
Tax Year
2025
Exemptions
None
Legal Info
Address
702 Cottonwood Creek RD
County
Hays
City
Dripping Springs
State
TX
Zip
78620
Subdivision
Sunset Canyon Sec 4
Legal Description
SUNSET CANYON SEC 4, LOT 745, ACRES 1.866
Parcel
1185250000745004
Interior Features
Floor
Concrete, Linoleum, Tile
Num Living
1
Dining
1
Appliances
Oven, Electric Oven, Free-Standing Electric Oven
Laundry
In Carport, Laundry Closet, Outside
Master Bed
Double Vanity, Primary Bedroom on Main
Master Main
Yes
Fireplaces
1
Fireplace Description
Living Room, Masonry, Raised Hearth, Stone
Interior Features
Ceiling Fan(s), Beamed Ceilings, Cathedral Ceiling(s), High Ceilings, Vaulted Ceiling(s), Chandelier, Laminate Counters, Double Vanity, Electric Dryer Hookup, French Doors, Interior Steps, Primary Bedroom on Main, Soaking Tub, None, Aluminum Frames
General Info
Beds
2 Total / 1 Main Level / 1 Other Level
Full / Half Baths
2 / 0
Prop Type
Residential
Property Type
Single Family Residence
Stories
1
Year Built
1962 / Resale
Square Feet
2,108 / Public Records
Garage Desc
Aggregate, Asphalt
Foundation
Slab
Roof
Composition, Metal, Shingle
Construction
Wood Siding
Acres
1.87
Lot Description
Back Yard, Bluff, Front Yard, Gentle Sloping, Interior Lot, Private, Public Maintained Road, Trees-Medium (20 Ft - 40 Ft), Xeriscape
Restrictions
None
Flood Plain
Partial, Yes-100 yr
View
Hill Country, Trees/Woods
Water Access
No
Waterfront
No
Area
HD
Utility Info
Water
Well
Sewer
Septic Tank
Utilities
Electricity Connected, Propane, Sewer Connected, Water Connected
Heat
Central, Propane
A C
Central Air, Electric
Exterior Features
Fence
Back Yard, Front Yard, Wire, Wood
Exterior Features
Private Yard, Covered, Front Porch, Porch, Rear Porch, Side Porch
Pool On Property
No
Area Amenities
None

Price history

Members only
Days on market
−$16,000 (−3.1%)
$515,000 → $499,000
1
Price reduction
Pending
Since Mar 9, 2026
Price trend
List priceMar 2026May 2026
Property history4 events
DateEventPriceChange
Aug 25, 2026Pending
Aug 6, 2026Active Under Contract
May 18, 2026Price Decrease$499,000−$16,000 (−3.1%)
Mar 9, 2026New Listing

Taxes

General Information
Owner
KETTLEWELL, ROBERT
Legal
SUNSET CANYON SEC 4, Lot 745, ACRES 1.866
Geo ID
1185250000745004
Acreage
1.87
Exemptions
Exemption Type
Disabled Veteran, Homestead, OA
Taxing Units
Detail
Not provided by this county source
Tax Summary
MLS estimated annual taxes
$8,218.4
MLS tax year
2025
Appraisal Values
YearLandImprovementsMarketAssessed
2026$330,220$137,900$468,120$468,120

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

Schools

School Info
District
Dripping Springs ISD
Elementary
Sycamore 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 $499,000
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

$3,624 / mo

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

Estimated monthly payment $3,624

Principal & interest
$2,523
Property taxes
$685
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$399,200$4,462$25,817$394,738
2$394,738$4,761$25,518$389,977
3$389,977$5,080$25,199$384,898
4$384,898$5,420$24,859$379,478
5$379,478$5,783$24,496$373,695
6$373,695$6,170$24,109$367,525
7$367,525$6,583$23,695$360,942
8$360,942$7,024$23,254$353,917
9$353,917$7,495$22,784$346,423
10$346,423$7,997$22,282$338,426
  • Year 1$394,738
    Principal paid
    $4,462
    Interest paid
    $25,817
    Starting balance
    $399,200
  • Year 2$389,977
    Principal paid
    $4,761
    Interest paid
    $25,518
    Starting balance
    $394,738
  • Year 3$384,898
    Principal paid
    $5,080
    Interest paid
    $25,199
    Starting balance
    $389,977
  • Year 4$379,478
    Principal paid
    $5,420
    Interest paid
    $24,859
    Starting balance
    $384,898
  • Year 5$373,695
    Principal paid
    $5,783
    Interest paid
    $24,496
    Starting balance
    $379,478
  • Year 6$367,525
    Principal paid
    $6,170
    Interest paid
    $24,109
    Starting balance
    $373,695
  • Year 7$360,942
    Principal paid
    $6,583
    Interest paid
    $23,695
    Starting balance
    $367,525
  • Year 8$353,917
    Principal paid
    $7,024
    Interest paid
    $23,254
    Starting balance
    $360,942
  • Year 9$346,423
    Principal paid
    $7,495
    Interest paid
    $22,784
    Starting balance
    $353,917
  • Year 10$338,426
    Principal paid
    $7,997
    Interest paid
    $22,282
    Starting balance
    $346,423
First 10 of 30 years

Nearby

Courtesy of WoW Properties · (512) 789-5715

Listings courtesy of ACTRIS as distributed by MLS GRID.