701 Oakwood LN, Dripping Springs TX 78620
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About This Property
Rare opportunity in Sunset Canyon featuring a beautifully renovated 5-bedroom main home plus a fully independent 1-bedroom apartment with its own kitchen, living room, bath, and private entrance. Ideal for multi-generational living, long-term guests, a private home office, or rental income potential. Situated on a flat, fully fenced 1.48-acre lot with majestic oak trees, extensive upgrades, and nearly 4,900 sqft. of total living space. Step inside to a light-filled main level where the living room w/ a cozy fireplace flows effortlessly into a formal dining room & 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 & 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 w/ its own fireplace creates the perfect flex space for movie nights, play, or relaxation. Four generously sized secondary bedrooms & two full bathrooms provide plenty of room for everyone. And then, the bonus you didn’t know you needed—a fully renovated 1BR/1BA guest apartment w/ a full kitchen & spacious living area, privately connected by a covered deck. Out back, enjoy a covered patio overlooking the spacious yard & 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 sought-after Sunset Canyon, this home blends Hill Country serenity with everyday convenience. Located along Highway 290 with easy access to Austin and zoned to the highly acclaimed Dripping Springs Independent School District, this neighborhood is known for its space, quality, and 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
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Tax Information
Listing History
| May 21, 2026 | Price Change | $1,190,000 | |
| 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 $1,190,000. That is $244 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 35 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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