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
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