701 Oakwood LN, Dripping Springs TX 78620

Dripping Springs, TX 78620 | Sunset Canyon

$1,250,000 $256/sqft
5 Beds
4 Baths 3 Full, 1 Half
4,876 Sq Ft
1.479 Acres
1991 Built
3 Garage

About This Property

Main home is 5BR/3.5BA and the guest apartment is a complete 1BR/1BA with its own living room and kitchen! This stunning down-to-the-studs renovation blends elevated design with everyday livability—set on a rare, flat, fully fenced lot shaded by a majestic oak tree. Step inside to a light-filled main level where the living room w/ a cozy fireplace flows effortlessly into a formal dining space & a beautifully remodeled kitchen designed for gathering. Large windows frame peaceful backyard views, while a powder bath & dedicated laundry room add everyday convenience. The main-level primary suite is a true retreat, tucked away for privacy and overlooking the serene backyard. Complete w/ a spacious ensuite bath & an oversized walk-in closet, it’s designed to feel like your own personal sanctuary. Upstairs, a second living area with its own fireplace creates the perfect flex space for movie nights, play, or relaxation. Four generously sized bedrooms and two full bathrooms provide plenty of room for everyone. And then, the bonus you didn’t know you needed—a fully renovated guest apartment, privately connected by a covered deck, offers a complete one-bedroom, one-bath layout with a full kitchen and expansive living space. Perfect for multi-generational living, long-term guests, or even income potential. Out back, enjoy a covered patio overlooking the spacious yard and stunning oak tree—ideal for quiet mornings, entertaining, or simply unwinding. The three-car garage adds the finishing touch, offering both function and flexibility. Nestled in the highly sought-after Sunset Canyon community, this home offers the perfect blend of Hill Country serenity & everyday convenience. Ideally located along Hi-Way 290, residents benefit from an easy commute into Austin while enjoying the charm and slower pace of Dripping Springs living. With access to the highly acclaimed Dripping Springs ISD, this neighborhood is a top choice for those seeking space, quality, & community.

Features

  • Ceiling Fan(s)
  • High Ceilings
  • Quartz Counters
  • Double Vanity
  • Kitchen Island
  • Multiple Living Areas
  • Pantry
  • Primary Bedroom on Main
  • Recessed Lighting
  • Walk-In Closet(s)

Location

Schools

Property Details

Property Type Residential
Flooring Tile, Vinyl, Wood
Cooling Ceiling Fan(s), Central Air
Heating Central, Fireplace(s)
Exterior Private Yard
County Hays
MLS # 6576901
Garage 3 spaces

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Tax Information

Annual Taxes (MLS) $5,676 (2025)

Listing History

MLS# 6576901 - Updated May 18, 2026 16 days
Jan 16, 2026 Listed Listing Courtesy of eXp Realty, LLC - jessica@​liconateam.com $1,250,000

Frequently Asked Questions About 701 Oakwood LN, Dripping Springs TX 78620

When was 701 Oakwood LN, Dripping Springs TX 78620 built?

701 Oakwood LN, Dripping Springs TX 78620 was built in 1991.

How much does 701 Oakwood LN, Dripping Springs TX 78620 cost?

701 Oakwood LN, Dripping Springs TX 78620 is listed for sale at $1,250,000. That is $256 per square foot.

How many bedrooms and bathrooms does 701 Oakwood LN, Dripping Springs TX 78620 have?

701 Oakwood LN, Dripping Springs TX 78620 has 5 bedrooms and 4 bathrooms (3 full, 1 half) with 4,876 square feet of living space.

What school district is 701 Oakwood LN, Dripping Springs TX 78620 in?

701 Oakwood LN, Dripping Springs TX 78620 is in the Dripping Springs ISD school district. Assigned schools include Dripping Springs (elementary), Dripping Springs Middle (middle), Dripping Springs (high school).

What are the property taxes on 701 Oakwood LN, Dripping Springs TX 78620?

The annual property taxes on 701 Oakwood LN, Dripping Springs TX 78620 are $5,676 (as of 2025).

How big is the lot at 701 Oakwood LN, Dripping Springs TX 78620?

The lot at 701 Oakwood LN, Dripping Springs TX 78620 is 1.479 acres, and the home has 4,876 square feet of living space.

What type of property is 701 Oakwood LN, Dripping Springs TX 78620?

701 Oakwood LN, Dripping Springs TX 78620 is a residential property.

Does 701 Oakwood LN, Dripping Springs TX 78620 have a garage?

Yes, 701 Oakwood LN, Dripping Springs TX 78620 has a 3-car garage.

What subdivision is 701 Oakwood LN, Dripping Springs TX 78620 in?

701 Oakwood LN, Dripping Springs TX 78620 is located in the Sunset Canyon subdivision in Dripping Springs, TX.

How long was 701 Oakwood LN, Dripping Springs TX 78620 on the market?

701 Oakwood LN, Dripping Springs TX 78620 was on the market for 16 days, listed on January 16, 2026.

What heating and cooling does 701 Oakwood LN, Dripping Springs TX 78620 have?

701 Oakwood LN, Dripping Springs TX 78620 has central, fireplace(s) heating and ceiling fan(s), central air cooling.

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