A Rare Hilltop Opportunity in Springlake In the heart of Dripping Springs, where growth and demand continue to surge, a remarkable 4.77-acre residential lot has quietly emerged as one of the area’s most desirable opportunities. Tucked at the secluded back side of the Springlake subdivision, this property sits at the end of a peaceful cul-de-sac—offering the privacy today’s buyers crave while remaining minutes from schools, shopping, entertainment, and major commuter routes. From the moment you arrive, the land makes its value clear. Mature live oaks stretch across the property, creating a natural canopy that few parcels in the area can match. Native vegetation thrives throughout, preserving the authentic Hill Country character that continues to attract homeowners and investors alike. At the top of the property lies its crown jewel: a private hilltop homesite that has already been thoughtfully cleared. This elevated build location provides both convenience and vision—allowing a buyer to begin planning their custom home immediately, without the delays or costs of initial site preparation. The lot is served by Dripping Springs Water Supply, ensuring reliable access to a water tap—an increasingly valuable asset in a region known for its careful resource management. And with the property located in the highly regarded Dripping Springs School District, it stands out as an exceptional choice for families seeking long-term stability and educational excellence. Whether envisioned as a private estate, a luxury custom residence, or a long-term investment in one of Central Texas’s most sought-after communities, this property delivers on every front. Its combination of privacy, natural beauty, infrastructure readiness, and proximity to modern conveniences makes it a standout opportunity in today’s competitive market. This is more than land—it’s a strategic purchase with lasting value, ready for the next owner to shape into something extraordinary.
Active
$500,000
150 Patricks Way, Dripping Springs, TX 78620
0beds
0baths
4.77Acres
Unimproved Land
Built in ----
4.77 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Native vegetation thrives throughoutPrivate hilltop homesiteRare hilltop opportunityAuthentic hill country characterElevated build location
- 17 days |
- 131 |
- 8 |
Zillow last checked: 7 hours ago
Listing updated: February 24, 2026 at 03:10pm
Listed by:
Randy Hutto (512) 894-0288,
Randy Hutto, Realtors (512) 894-0288,
Dana Hutto (512) 461-2050,
Randy Hutto, Realtors
Source: Unlock MLS,MLS#: 9280029
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 0
Property
Features
- Has view: Yes
- View description: Hill Country
- Waterfront features: None
Lot
- Size: 4.77 Acres
- Features: Public Maintained Road, Trees-Heavy
Details
- Additional structures: None
- Parcel number: 1180700000141004
- Special conditions: Standard
Utilities & green energy
- Sewer: Septic Needed
- Water: Public
- Utilities for property: Water Available
Community & HOA
Community
- Features: None
- Subdivision: Springlake
HOA
- Has HOA: No
Location
- Region: Dripping Springs
Financial & listing details
- Tax assessed value: $630,750
- Annual tax amount: $10,314
- Date on market: 2/24/2026
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/24/2026 | Listed for sale | $500,000 |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $630,750 |
| 2024 | $9,865 +3.6% | $630,750 |
| 2023 | $9,524 +82.8% | $630,750 +106.5% |
| 2022 | $5,210 +30.7% | $305,450 +38.5% |
| 2021 | $3,987 | $220,600 +17.6% |
| 2020 | -- | $187,510 +12.8% |
| 2019 | $1,758 +29% | $166,300 +151.7% |
| 2018 | $1,362 -0.6% | $66,070 |
| 2017 | $1,370 -0.8% | $66,070 |
| 2016 | $1,381 -0.2% | $66,070 |
| 2015 | $1,383 | $66,070 |
| 2014 | $1,383 | $66,070 |
| 2013 | -- | $66,070 |
| 2012 | -- | $66,070 |
| 2011 | -- | $66,070 |
| 2010 | -- | $66,070 |
| 2009 | -- | $66,070 |
| 2007 | -- | $66,070 +30% |
| 2006 | -- | $50,820 +14% |
| 2005 | -- | $44,590 |
| 2004 | -- | $44,590 |
| 2003 | -- | $44,590 +16% |
| 2002 | -- | $38,430 |
| 2001 | -- | $38,430 +35% |
| 2000 | -- | $28,470 |
Find assessor info on the county website
BuyAbility℠ payment
Estimated monthly payment
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Neighborhood: 78620
Nearby schools
GreatSchools rating
- 8/10Dripping Springs Elementary SchoolGrades: PK-5Distance: 1.8 mi
- 7/10Dripping Springs Middle SchoolGrades: 6-8Distance: 2.5 mi
- 7/10Dripping Springs High SchoolGrades: 9-12Distance: 2.7 mi
Schools provided by the listing agent
- Elementary: Dripping Springs
- Middle: Dripping Springs Middle
- High: Dripping Springs
- District: Dripping Springs ISD
Source: Unlock MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






