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Dripping Springs · Deer Creek Ranch

$724,500 58 days on market

Reduced from $849,500 · −14.7%

900 Deer Creek Cir, Dripping Springs, TX 78620

  • 5bedrooms
  • 3bathrooms
  • 3,012sqft
  • 2.2acres
  • 1997year built

About this home

900 Deer Creek offers a rare opportunity to own a Hill Country property that blends peaceful personal enjoyment with real income-producing versatility. Set in a prime Dripping Springs location, the home benefits from being in the heart of one of Central Texas’ most sought-after wedding and event destinations—an area known for destination weddings, private events, weekend retreats, winery tourism, and recurring visitor demand throughout the year.

That location advantage has real performance behind it. Despite meaningful owner use and deliberate rental restrictions—including blocked dates, minimum stays, and a no-dog policy—the property has still produced approximately $120,000 in gross short-term rental income over the past five years. For a future owner, there may be additional upside through a more aggressive rental strategy and expanded availability.

Whether envisioned as a full-time residence, a weekend escape, or an investment-minded second home, 900 Deer Creek offers the kind of flexibility buyers are increasingly searching for: a place that feels personal, livable, and rewarding, while also being positioned to benefit from Dripping Springs’ powerful wedding and event economy.

Property

Type
Single Family Residence
Levels
Two
Year built
1997
Lot size
2.19 acres
Subdivision
Deer Creek Ranch
MLS #
ACT7103654

Inside

Bedrooms
5
Bathrooms
3
Living area
3,012 sqft
Fireplaces
1

Schools

Elementary
Dripping Springs
High school
Dripping Springs
District
Dripping Springs ISD

Costs

Est. annual taxes
$14,216 (2025)

Listing

First listed
Mar 11, 2026
Days listed
58
Original price
$849,500
Status
Active

Listed by Ross Melby, Compass RE Texas, LLC · [email protected] · MLS# ACT7103654 · Active

Estimate your monthly payment

Loan

Down payment
%
0%10%20%30%40%50%
Loan term
Interest rate (%)
3%5%7%9%

Yearly costs

Monthly payment

$0

Total monthly

Principal & interest
$0
Property tax
$0
Insurance
$0
HOA
$0
Loan amount
$0

Estimate only. Tax / insurance defaults are typical Texas figures; your actual numbers will vary. Talk with a lender for a real quote — I can refer you to one I trust.

Where this home sits

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