401 Lost Valley RD, Dripping Springs TX 78620

Dripping Springs, TX 78620 | Lost Valley

Ed's Opinion of Value

$282,735 Ed's Estimate: $507,773 $892,500
Lowest Comp Recommended List: $493,000 to $523,000 Highest Comp
The comparable sales data (5 recent transactions in LOST VALLEY) supports an estimated value of $507,773. The data suggests a list price between $493,000 and $523,000 would attract qualified buyers without leaving money on the table. This would position the home competitively among 0 active listings in LOST VALLEY. Being 1,585 sqft smaller than the average comparable sale in this area impacts the per square foot value. Being built in 1992 (9 years newer than comps) is factored into the value estimate. Prices in 78620 have fallen 3.5% over the last 6 months. A similar home at 201 Hillview CIR, Dripping Springs TX 78620 carries an adjusted comparable value of $566,461, providing a strong data point. This estimate draws on 5 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus
1 Beds
1 Baths 1 Full
739 Sq Ft
9.506 Acres
1992 Built

About This Property

Welcome to 401 Lost Valley Road, where timeless Hill Country charm blends with nature and tranquility on a breathtaking slice of Dripping Springs. This Saltbox-style home is nestled on a private, tree-covered lot that offers unparalleled serenity, spectacular creek and wildlife views, and the perfect combination of classic country elegance and modern convenience. The property consists of two separate legal lots, totaling 9.506 acres.
Inside, you'll find a spacious loft-style sleeping area with stunning views, wood beams and patio doors that invite the morning light. Downstairs, an open-concept kitchen features solid surface countertops, stainless steel appliances, and gleaming wood floors. A fully remodeled bathroom with a walk-in shower completes the lower level.
Step outside and immerse yourself in the beauty of the natural landscape, where a gently flowing Sycamore Creek and mature trees create a peaceful sanctuary. Ample space for a pool, future expansion, gardening, or simply enjoying nature. Star-filled nights can be spent in front of the oversized outdoor wood-burning fireplace, cooking at the full outdoor kitchen, or by the edge of Sycamore Creek.
Just minutes from downtown Dripping Springs and H-E-B, this property offers the perfect balance of seclusion and convenience. Whether you're seeking a private retreat or a unique investment opportunity, The Cottage By The Creek is a rare find and the perfect place to live while you build your forever home.
Currently, this income-producing short-term rental includes a carport, well, septic system, and additional structures for storage/creative use. Property can be purchased with all fixtures and equipment if desired. Perfect as a secluded home, weekend getaway, short-term rental, or private sanctuary, this exceptional property captures the best of Hill Country living, all while being just minutes from Dripping Springs' wineries, top-rated schools, restaurants, and shopping. Built in 1992 and remodeled in 2012.

Features

  • Cedar Closet(s)
  • High Ceilings
  • French Doors
  • Interior Steps
  • Wired for Sound

Location

Map loading...

Schools

Property Details

Property Type Residential
Flooring Wood
Cooling Ceiling Fan(s), Wall/Window Unit(s)
Heating Central
Exterior See Remarks
County Hays
MLS # 4210250

Tax Information

Annual Taxes $8,809 (2024)

Listing History

MLS# 4210250 - Updated Mar 22, 2026 16 days
Apr 10, 2025 Off Market
Feb 18, 2025 Listed $950,000

Frequently Asked Questions About 401 Lost Valley RD, Dripping Springs TX 78620

When was 401 Lost Valley RD, Dripping Springs TX 78620 built?

401 Lost Valley RD, Dripping Springs TX 78620 was built in 1992.

How much does 401 Lost Valley RD, Dripping Springs TX 78620 cost?

401 Lost Valley RD, Dripping Springs TX 78620 sold on April 10, 2025. Contact us for sale price details.

Similar Properties

Browse More Properties

Request Tour

Contact Agent

Interested in this property?

Get more information or schedule a tour

By submitting this form, you consent to receive communications from Neuhaus Realty Group via phone, email, or text regarding your property inquiry. You may opt out at any time. Your information will not be shared. See our Privacy Policy.