301 Springwood RD, Dripping Springs TX 78620

Off Market

Welcome to 301 Springwood Rd. -- a rare 3 acre lot in one of Dripping Springs' most beloved neighborhoods--Springwood.

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Ed's Opinion of Value

$622,120 Ed's Estimate: $917,912 $2,200,000

Lowest Comp Recommended List: $1,119,000 to $1,264,000 Highest Comp

Reviewing the most recent comparable transactions, this home's market value falls around $917,912. For a well positioned listing in SPRINGWOOD, I'd target the $1,119,000 to $1,264,000 range. With 7 comparable homes on the market in SPRINGWOOD, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. The 299 sqft size difference versus comparable sales is reflected in the adjusted values. The pool is a differentiator here, since 5 of 7 comparable sales didn't include one. Current inventory shows 7 comparable homes in SPRINGWOOD; a buyer's market based on recent absorption. Recent trends in 78620 show home values have fallen 2.7% since 6 months ago. The most comparable recent sale is 26050 Ranch Road 12, Dripping Springs TX 78620, with an adjusted value of $872,970; with a smaller floor plan and no pool. 7 comparable transactions in SPRINGWOOD support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group

78620 Market Trends

$644,000 Median Sold Price ▼ 2.7% 6mo

$250/sqft Median $/SqFt ▼ 3.1% 6mo

70 days Avg Days on Market 12 days slower

226 homes Active Inventory 5.4 mo supply

97.0% Sale-to-List Ratio

249 Sales (6 months)

Recently Sold Comparables

$872,970 adjusted 26050 Ranch Road 12, Dripping Springs TX 78620 4bd / 3.0ba • 3,173 sqft • 0.3 mi Sold 10 months ago

$622,120 adjusted 300 Oak Springs DR, Dripping Springs TX 78620 4bd / 2.0ba • 1,941 sqft • 0.3 mi Sold 11 days ago

$1,385,765 adjusted 197 Gaucho WAY, Dripping Springs TX 78620 3bd / 4.0ba • 3,519 sqft • 3.1 mi Sold 21 days ago

$864,180 adjusted 222 Canal DR, Dripping Springs TX 78620 4bd / 4.0ba • 3,465 sqft • 1.3 mi Sold 8 days ago

$807,923 adjusted 587 Bridge Water LOOP, Dripping Springs TX 78620 4bd / 4.0ba • 3,458 sqft • 1.2 mi Sold 9 months ago

Currently on Market

$1,350,000 468 Lloyd LN, Dripping Springs TX 78620 4bd / 4.0ba • 3,746 sqft • 0.5 mi 3 days on market

$2,200,000 333 Stallion LN, Dripping Springs TX 78620 4bd / 4.0ba • 3,190 sqft • 0.9 mi 351 days on market

$1,000,000 479 Crosswater LN, Dripping Springs TX 78620 4bd / 4.0ba • 3,526 sqft • 0.9 mi 30 days on market

3 Beds

3 Baths 3 Full

3,497 Sq Ft

3 Acres

1977 Built

2 Garage

About This Property

Sweet, older home on gorgeous and level 3 acre lot with lined and stocked pond in beloved Springwood -- Dripping Springs' oldest planned neighborhood! Main 1-story home (2990 SF) has 2 bedrooms/2 baths (former 2 guest bedrooms were combined into one large room but could be reconfigured), large living room with stone fireplace, country kitchen, spacious game room and bonus room; Large deck (1341 SF) overlooking back yard; Detached guest house/casita (507 SF) has living, bedroom and bath; 2 garage bays (1 in main house, 1 in workshop), large carport (786 SF) and massive workshop (876 SF) -- See floorplan. Home is an estate and is being sold "as is" - please see helpful recent inspection reports. Water sources: city and private well. Pool, chicken coop, and plenty of space to expand and enjoy! Less than 2 miles to DT DS, HEB, Home Depot, dining and retail. Desirable DS ISD. Easy access to DS, Wimberley, Driftwood and ATX. Low tax rate (1.68%) and no HOA. Perfect for the buyer who wants to create a beautiful Hill Country retreat in the heart of the city.

Property Highlights

Pool In Ground, Outdoor Pool

Features

Breakfast Bar
Ceiling Fan(s)
Beamed Ceilings
Vaulted Ceiling(s)
Electric Dryer Hookup
High Speed Internet
Kitchen Island
Pantry
Primary Bedroom on Main
Recessed Lighting
Walk-In Closet(s)
See Remarks

Location

Map loading...

Schools

School District Dripping Springs ISD

Elementary Walnut Springs

Middle School Dripping Springs Middle

High School Dripping Springs

Property Details

Property Type Residential

Flooring Carpet, Tile

Cooling Central Air, Electric

Heating Central, Electric, Propane

Exterior Exterior Steps, Garden, Gutters Full, Private Yard, See Remarks

County Hays

MLS # 9917293

Parking

Garage 2 spaces

Tax Information

Annual Taxes $10,165 (2023)

Listing History

MLS# 9917293 - Updated Mar 24, 2026 5 days (4 CDOM)

Aug 13, 2024	Off Market
Jul 20, 2024	Listed		$625,000

Frequently Asked Questions About 301 Springwood RD, Dripping Springs TX 78620

When was 301 Springwood RD, Dripping Springs TX 78620 built?

301 Springwood RD, Dripping Springs TX 78620 was built in 1977.

How much does 301 Springwood RD, Dripping Springs TX 78620 cost?

301 Springwood RD, Dripping Springs TX 78620 sold on August 13, 2024. Contact us for sale price details.

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