Skip to main content

Dripping Springs · W T Chapman #3

$850,000 22 days on market

315 Hays St, Dripping Springs, TX 78620

  • 4bedrooms
  • 3bathrooms
  • 1,933sqft
  • 0.30acres
  • 2008year built

About this home

Located in the heart of downtown Dripping Springs, this beautifully crafted Tejas Heritage home offers a rare combination of timeless design, exceptional quality, and unbeatable walkability. Whether you’re searching for a full-time residence, weekend getaway, or income-producing short-term rental, this property checks every box.

Enjoy being just steps from Pig Pen BBQ, Rolling in Thyme & Dough, boutique shopping along Mercer Street, live music at Hudson’s on Mercer, and only minutes from H-E-B, Home Depot, and all that Dripping Springs has to offer.

Thoughtfully designed with aging-in-place principles, the home features ADA-friendly elements that provide comfort, accessibility, and long-term livability without sacrificing style. Built by the highly respected Tejas Heritage Homes, it showcases quality craftsmanship and thoughtful architectural details throughout.

The inviting outdoor living spaces are perfect for entertaining, featuring covered front and back porches and a beautiful outdoor fireplace overlooking the private backyard. A detached upstairs apartment with its own private entrance, kitchenette, and full bathroom provides incredible flexibility for guests, multigenerational living, a home office, or additional rental income.

Currently operating as a successful short-term rental, this property offers immediate investment potential while also presenting a unique opportunity for future commercial use. The property is currently working with the City of Dripping Springs toward potential commercial zoning, making it an excellent option for a boutique medical, dental, or professional office (buyer to independently verify zoning and permitted uses).

Whether you’re looking to invest, live, work, or enjoy the best of downtown Dripping Springs, opportunities like this are exceptionally rare.

Main Home is 1657 square feet (3 BED I 2 Bath) and Garage Apartment is 576 square feet (1 Bed I 1 Bath)

Property

Type
Single Family Residence
Levels
One
Year built
2008
Lot size
0.30 acres
Subdivision
W T Chapman #3
MLS #
ACT2737840

Inside

Bedrooms
4
Bathrooms
3
Living area
1,933 sqft
Fireplaces
1

Outside / parking

Garage spaces
2

Schools

Elementary
Walnut Springs
High school
Dripping Springs
District
Dripping Springs ISD

Costs

Est. annual taxes
$10,668 (2025)

Listing

First listed
Jul 13, 2026
Days listed
22
Status
Active

Listed by Heather Jones, Magnolia Realty Austin Hill Co · [email protected] · MLS# ACT2737840 · 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

Interested in this home?

← Back to all listings

Call