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Caliterra Homes for Sale in Dripping Springs, TX

Caliterra is one of the most well-appointed master-planned communities in the Hill Country, set among native oaks and natural greenspace in the heart of Dripping Springs. Built primarily by Drees Custom Homes, the community delivers resort-caliber amenities including a lazy river and pool, sports courts, and winding nature trails, all wrapped in a Hill Country landscape that buyers from across the Austin metro find genuinely hard to replicate. Residents are zoned to the highly regarded Dripping Springs Independent School District, with Walnut Springs Elementary, Dripping Springs Middle, and Dripping Springs High serving the community. Two distinct lot tiers give buyers flexibility in home size and investment level while maintaining the same elevated standard of finishes and setting throughout. Neighborhoods | Schools | New Construction | Market Overview | Getting Around | FAQs

$1,119,900 Median Price
51 Avg Days on Market
6 Active Listings
7.2 Months of Inventory
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Recent Sales in This Area

4 bed, 3 bath, residential at 428 Double L DR, Dripping Springs TX 78620, Dripping Springs TX Off Market
Sold Nov 2025
4 bd 3 ba 2,747 sqft
428 Double L DR, Dripping Springs TX 78620 Dripping Springs, TX 78620
No Photo
Off Market
Sold Oct 2025
3 bd 4 ba 2,786 sqft
460 Barnhill LOOP, Dripping Springs TX 78620 Dripping Springs, TX 78620
3 bed, 2 bath, residential lease at 323 Fish Trap RD, Dripping Springs TX 78620, Dripping Springs TX Off Market
Sold Oct 2025
3 bd 2 ba 2,014 sqft
323 Fish Trap RD, Dripping Springs TX 78620 Dripping Springs, TX 78620
3 bed, 2 bath, residential lease at 191 Fish Trap RD, Dripping Springs TX 78620, Dripping Springs TX Off Market
Sold Oct 2025
3 bd 2 ba 1,758 sqft
191 Fish Trap RD, Dripping Springs TX 78620 Dripping Springs, TX 78620
5 bed, 5 bath, residential at 308 Canal DR, Dripping Springs TX 78620, Dripping Springs TX Off Market
Sold Sep 2025
5 bd 5 ba 4,308 sqft
308 Canal DR, Dripping Springs TX 78620 Dripping Springs, TX 78620

About Caliterra Homes for Sale in Dripping Springs, TX

Neighborhoods & Subdivisions in Caliterra

Caliterra is organized around two primary homesite series that differ in lot width and the scale of homes they support. The Caliterra 80' series features lots with 80-foot street frontages, typically supporting four- and five-bedroom homes with open floor plans, three-car garages, and the high-spec finishes that Drees Custom Homes is known for delivering. These homes are substantial, with generous square footage and well-thought-out layouts, without pushing into the upper range of the community's pricing. The Caliterra 110' series occupies wider, deeper lots and supports larger floor plans, often exceeding 4,000 square feet, with expanded outdoor living areas, dedicated studies, game rooms, and dramatic entries designed to take full advantage of the Hill Country setting.

The community's layout respects the natural topography of the area, with tree-lined streets, preserved greenspace between homesites, and an amenity core at the heart of the neighborhood. Buyers who are also casting a wider net in the area often look at Dripping Springs more broadly, where a range of established and newer communities offer similar Hill Country character at varying price points. Caliterra, though, occupies a specific niche: new Drees construction with a resort amenity package, which is difficult to replicate elsewhere in the Dripping Springs market.

Schools in Caliterra

Caliterra falls within Dripping Springs Independent School District, which has built a consistent reputation for academic quality and well-rounded programming across its campuses. Students from the community attend Walnut Springs Elementary, Dripping Springs Middle School, and Dripping Springs High School. The feeder pattern keeps Caliterra students within a compact local school system, with all three campuses located in or near downtown Dripping Springs.

Dripping Springs High has developed strong programs in academics, athletics, and fine arts, and the district as a whole maintains a close-knit community feel that reflects the character of the surrounding Hill Country towns. The district has managed significant enrollment growth over the past decade with investments in expanded capacity and programs, and it continues to draw buyers who are making school quality a meaningful part of their home search. For buyers evaluating specific services, including special education, dual-language, or fine arts tracks, a direct conversation with the district office is worth scheduling before making a final decision.

New Construction in Caliterra

Drees Custom Homes operates Caliterra's active building phases on a semi-custom model that gives buyers genuine input into their home's design. Rather than choosing from a short list of exterior packages and countertop swatches, buyers work through a structured design process that allows structural changes, room configuration adjustments, and finish selections that meaningfully affect how the home looks and functions day to day. Drees carries a long track record in the Texas market and a reputation for build quality and post-sale responsiveness that holds up in buyer reviews across multiple communities.

Active phases at Caliterra continue to bring new homesites to market, so buyers with flexibility on timing have the option to build to their specifications rather than choosing from finished inventory. Working with a buyer's agent during a new construction purchase matters more than most buyers initially expect. The builder's on-site sales team represents the builder's interests, not the buyer's. Neuhaus Realty Group represents buyers in new construction purchases at no additional cost to the buyer, and helps clients evaluate lot premiums, contract terms, and which structural options hold long-term resale value.

Real Estate Market Overview

Caliterra occupies the premium tier of the Dripping Springs market, driven by its custom builder, generous lot sizes, and the resort-quality amenity package that distinguishes it within the area. Demand is typically steady among buyers who have done meaningful research into the Hill Country market and have narrowed their focus to communities that combine lifestyle and long-term value. The homes here represent a significant commitment, and the buyers making that commitment tend to be deliberate and well-qualified, which contributes to a market that moves at a measured, thoughtful pace.

Sellers in Caliterra benefit from a community that is consistently in demand, but pricing accuracy and strong presentation matter. Buyers considering Caliterra alongside other options in the broader metro can browse the full range of Austin area homes for sale, but will find that Caliterra's specific combination of builder reputation, Hill Country setting, and on-site amenities is relatively uncommon at this scale in the Dripping Springs area.

Getting Around Caliterra

Caliterra sits just off US-290 West, the primary artery connecting Dripping Springs to the rest of the Austin metro. The drive east to downtown Austin covers roughly 30 to 35 miles and typically takes between 35 and 50 minutes on a weekday morning, with meaningful variation based on traffic through the Oak Hill Y interchange and South Austin surface streets. Buyers who work in South Austin, Southwest Austin, or along the Mopac and Southwest Parkway corridors often find the commute manageable. Those heading to North Austin, the Domain, or the tech campuses around Round Rock should plan for longer commute windows.

Downtown Dripping Springs is just a few minutes from Caliterra's entrance and has grown into a useful local hub, with coffee shops, restaurants, breweries, and everyday services that reduce the need to drive east for routine errands. Belterra Village, a retail center off 290 near FM 1826, provides grocery, dining, and specialty shops close to home. For a wider retail selection, Bee Cave and the Hill Country Galleria are roughly 15 minutes east along 290. Austin-Bergstrom International Airport is approximately 45 to 50 minutes from Caliterra depending on traffic, with Highway 45 South serving as a useful alternate route through South Austin when 290 is congested.

Frequently Asked Questions

What school district serves Caliterra?
Caliterra is zoned to Dripping Springs Independent School District. Students attend Walnut Springs Elementary, Dripping Springs Middle School, and Dripping Springs High School. Dripping Springs ISD is one of the more consistently well-regarded districts in the Austin metro, known for strong academics, athletics, and a close-knit community environment.
Who is the builder at Caliterra?
Drees Custom Homes is the primary builder active in Caliterra. They operate on a semi-custom model, meaning buyers can customize floor plans, structural options, and finishes within the builder's plan library. This gives buyers considerably more flexibility than a typical production builder while maintaining the consistency of a master-planned community.
How far is Caliterra from downtown Austin?
Caliterra is roughly 30 to 35 miles from downtown Austin via US-290 East. Typical weekday commute times range from 35 to 50 minutes, with variation based on traffic through the Oak Hill Y and South Austin surface streets. Buyers who work in South or Southwest Austin often find the commute more predictable than those heading to North Austin or the Domain.
What are the property taxes like in Caliterra?
Caliterra is located in Hays County, where effective property tax rates typically run in the 1.7 to 2.1 percent range on assessed value. The exact rate for a specific address will include Dripping Springs ISD, Hays County, and other applicable taxing entities. Requesting a tax estimate for any specific property before making an offer is a good practice, as rates can vary slightly by homesite.
What is the difference between Caliterra 80' and Caliterra 110'?
The 80' and 110' designations refer to the street frontage width of the lots within the community. The 110' lots are wider and support larger home footprints, often featuring more expansive floor plans with additional rooms, larger garages, and more outdoor living space. The 80' lots still accommodate generous four- and five-bedroom homes on substantial homesites. Both series sit within Caliterra and share full access to all community amenities.
Does Caliterra have an HOA?
Yes, Caliterra has a homeowners association that maintains the community amenities, including the resort pool, lazy river, sports courts, trails, and common areas. HOA dues fund the upkeep of these shared spaces and enforce the community's architectural standards. Buyers should request current HOA documents, fee schedules, and any pending assessments from the seller or builder during the purchase process.
How does Caliterra compare to other Dripping Springs communities?
Caliterra sits at the upper end of the Dripping Springs market, distinguished by its Drees Custom Homes builder, generous lot sizes, and resort-style amenity package including a lazy river and community pool. Other communities in Dripping Springs offer Hill Country character at a range of price points, but the specific combination of active Drees construction and an on-site amenity core at this scale is relatively uncommon in the area.
What amenities does Caliterra have?
Caliterra is built around a resort-style amenity package that includes a lazy river, swimming pool, sports courts, and hiking and nature trails winding through preserved Hill Country greenspace. A community clubhouse anchors the amenity core at the heart of the neighborhood. These shared spaces are maintained through the community HOA and are available to all Caliterra residents.
Ed Neuhaus, Austin Realtor

Ed Neuhaus

Broker / Owner, Neuhaus Realty Group · TREC #593057

Licensed Texas Realtor since 2007 serving Austin and the Hill Country. Investor, STR operator, and straight-talking advisor for buyers, sellers, and investors. 16 five-star reviews.

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Listing data provided by ACTRIS MLS. Information deemed reliable but not guaranteed. © 2026 Austin Central Texas Realty Information Service.

Ed Neuhaus

Austin Real Estate Broker, Investor, and Pilot. Helping Texans buy, sell, and invest in real estate since 2007.

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