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Dripping Springs · Springlake

$499,000 78 days on market

Reduced from $539,000 · −7.4%

2591 Spring Valley Dr, Dripping Springs, TX 78620

  • 3bedrooms
  • 1bathrooms
  • 1,444sqft
  • 2.7acres
  • 1983year built

About this home

Opportunity meets Texas Hill Country charm on 2.744 fully fenced acres just minutes from downtown Dripping Springs. With no HOA and the flexibility for short-term rental use, this unique property offers an exciting opportunity for investors, weekend-home buyers, or anyone looking for a property that can serve as both a personal Hill Country escape and income-producing rental.

Behind the gated entrance, heritage oak trees, a seasonal creek, small barn, and chicken coop create the kind of authentic Hill Country experience guests come to Dripping Springs to find. There’s room to gather around a firepit, enjoy coffee under the trees, watch the stars at night, or simply escape the pace of the city. The acreage also offers plenty of potential to further enhance the guest experience with outdoor gathering spaces, games, gardens, or other amenities.

Inside, the thoughtfully updated home features three bedrooms, a beautifully renovated bath, and an updated kitchen that blends modern convenience with Hill Country character. City water, low tax rates, and no HOA add to the property’s appeal.

Location is one of the biggest advantages. Just ten minutes from downtown Dripping Springs and convenient to the Hill Country Galleria, the property puts guests close to the area’s popular wedding venues, wineries, breweries, restaurants, shopping, and Hill Country attractions while still giving them the privacy and acreage of a true country getaway.

Whether you’re looking for a dedicated short-term rental, a weekend retreat that can generate income when you’re away, or a long-term investment as your primary residence in the growing Dripping Springs area, this property offers a combination that’s increasingly hard to find: acreage, privacy, character, convenience, and flexibility. All in the heart of the Texas Hill Country.

Property

Type
Single Family Residence
Levels
One
Year built
1983
Lot size
2.74 acres
Subdivision
Springlake
MLS #
ACT5606263

Inside

Bedrooms
3
Bathrooms
1
Living area
1,444 sqft

Schools

Elementary
Dripping Springs
High school
Dripping Springs
District
Dripping Springs ISD

Costs

Est. annual taxes
$6,795 (2025)

Listing

First listed
Aug 6, 2026
Days listed
78
Original price
$539,000
Status
Active

Listed by Heather Jones, Magnolia Realty Austin Hill Co · [email protected] · MLS# ACT5606263 · 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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