Dripping Springs Homes under $500,000

Dripping Springs Homes under $500,000

Welcome to Dripping Springs, Texas—a picturesque gem nestled in the heart of the Texas Hill Country. Known for its stunning landscapes, vibrant community, and rich history, Dripping Springs is a place where small-town charm meets modern living. Just a short drive from Austin, this thriving city offers residents the perfect balance of tranquility and accessibility to urban amenities.

Dripping Springs is famous for its breathtaking views, rolling hills, and an abundance of outdoor activities. With numerous parks, hiking trails, and the nearby Hamilton Pool Preserve, nature enthusiasts will find plenty of opportunities to explore and unwind. The city is also renowned for its local wineries, craft breweries, and farm-to-table dining experiences, making it a haven for food lovers and social butterflies alike.

For those looking to call Dripping Springs home, the real estate market offers an array of options, including charming homes priced under $500,000. Whether you’re a first-time homebuyer or seeking a peaceful retreat, you’ll find delightful properties that capture the essence of Hill Country living. From cozy cottages to modern family homes, there’s something for everyone in this vibrant community.

In Dripping Springs, you’re not just buying a home; you’re investing in a lifestyle filled with community events, friendly neighbors, and a strong sense of belonging. With excellent schools and a welcoming atmosphere, it's no wonder that Dripping Springs is one of the fastest-growing areas in Texas. Come and discover the beauty and warmth of Dripping Springs—your dream home awaits!

Newest Dripping Springs Homes under $500,000

311 Barton Meadow Dr, Dripping Springs
$350,000
2 Beds ⋅ 1 Baths ⋅ 6882305 MLS ⋅ 78620 Zip Code
Charming Hill Country Retreat Just 25 Miles from Austin Welcome to your own private slice of the Central Texas Hill Country. Cherished by the same family for the past 30 years, this well-loved property offers the perfect balance of rural tranquility and modern convenience. The Property & Acreage Beyond the front door, you will discover a natural landscape complete with wet-weather creeks, rolling valleys, and mature live oak woodlands. It is the ultimate escape for anyone seeking space, privacy, and a quiet rural lifestyle—whether your dream evening involves working in the tool shed, maintaining the lawn, or simply watching the neon sunset as the breeze blows through the trees. Location & Lifestyle While you will feel worlds away, the bustling heart of downtown Austin is just 25 miles from your doorstep. Closer to home, you are within easy reach of Dripping Springs' premier attractions, including: Award-winning local restaurants and boutiques Boutique vineyards and wine-tasting rooms Miles of hiking trails through nearby state and local parks Top-Tier Education For families, the property offers access to the highly acclaimed Dripping Springs ISD, known for its devoted teachers, thriving student base, and diverse course offerings. For older children, the acclaimed University of Texas at Austin is just a short commute away for higher education. Whether you are a growing family wanting to give your children a touch of nature, a professional seeking a private sanctuary, or looking for a cozy, peaceful place to retire, this home is ready for its next chapter. Come create the next 30 years of fond memories.

311 Barton Meadow Dr, Dripping Springs
1141 Lucca Dr Unit 53, Dripping Springs
$449,000
4 Beds ⋅ 4 Baths ⋅ 6895480 MLS ⋅ 78620 Zip Code
Welcome home to refined Hill Country living in the gated enclave of The Retreat at Dripping Springs, featuring an FHA assumable loan for qualified buyers. Built by Brookfield Residential in 2021, this modern farmhouse-style detached condominium pairs timeless design with low-maintenance convenience. Offering approximately 2,528 square feet, the thoughtfully designed floor plan features 4 bedrooms, 3.5 baths, 2 living areas, 1 dining area, and an attached 2-car garage with soaring ceiling height for exceptional overhead storage. A charming covered front porch and wraparound patio create an inviting outdoor retreat, while the yard offers space for pets, gardening, or relaxation. Inside, abundant natural light highlights the open-concept layout, tall ceilings, and elevated finishes. The spacious family room flows into the dining area and chef-inspired kitchen, complete with designer tile backsplash, dramatic waterfall island, luxury vinyl plank flooring, water softener, abundant cabinetry, and generous prep space. The first-floor primary suite is a peaceful sanctuary with dual vanities, oversized walk-in shower, and impressive walk-in closet. Upstairs, a spacious game room, large fourth bedroom, full third bath, and walk-in storage closet offer flexibility for guests, hobbies, or working from home. With only 70 residences and a monthly HOA fee of just $315, this intimate community offers resort-style amenities including a sparkling pool with tanning ledge, relaxing spa, shaded dining pavilion with grill, fire pit, lounge seating, and convenient restrooms. Ideally located within walking distance of Dripping Springs High School and charming downtown Dripping Springs, the home offers easy access to local restaurants, boutiques, breweries, and community events. Experience the perfect balance of privacy, convenience, and Hill Country lifestyle. Enjoy lock-and-leave ease without sacrificing the warmth and character of a true home in a private neighborhood for relaxed living.

1141 Lucca Dr Unit 53, Dripping Springs
105 Oak Ln, Dripping Springs
$295,000
2 Beds ⋅ 2 Baths ⋅ 1388812 MLS ⋅ 78620 Zip Code
A Wonderful property to call home nestled in the trees on a private 2.501 acre Property. Dripping Springs Schools - Could be a Super Investment Property. This is a 1984 Single Wide Mobile home remodeled in 2008. House is an Oak Creek home out of Gainsville Tx . Natural Landscaping with Great Tree Cover for Privacy. A very neat/clean property in the Dripping Springs School District. Ready for Move-in!

105 Oak Ln, Dripping Springs
133 Buckthorn Dr, Dripping Springs
$319,900
3 Beds ⋅ 3 Baths ⋅ 4449225 MLS ⋅ 78620 Zip Code
Unbeatable value in Dripping Springs! At just $319,900 for 1,992 square feet, this upgrade-packed home offers an incredible price of only $161 per square foot! Located in the highly coveted Texas Heritage Village, this 3-bedroom, 2.5-bathroom residence combines an exceptional price-to-size ratio with premium custom features and a highly walkable location. The main level boasts a bright, open floor plan highlighted by beautiful hardwood floors, under-cabinet kitchen lighting, and a living room prewired with in-ceiling speakers. Tech enthusiasts will love the concealed TV/data connections with chase tubes in the master bedroom and living areas. Upstairs features a second spacious living area, a convenient laundry room with extra storage, and a private split primary suite with dual sinks. Outdoor living is a dream with two distinct options: a massive front porch with two oscillating ceiling fans and a private back patio framed by elegant limestone walls and equipped with a gas grill hookup. The oversized 2-car garage is a hobbyist's haven, offering a wall of built-in shelving, extra outlets, and a dedicated 110V fridge outlet. Premium extras include a whole-house water softener/filtration system, a wired security system, full gutters, an automatic sprinkler system, and a custom flagstone driveway extension. All of this is situated just a short walk from Founders Park and downtown Dripping Springs!

133 Buckthorn Dr, Dripping Springs
10210 Twin Lake Loop, Dripping Springs
$450,000
4 Beds ⋅ 2 Baths ⋅ 7324351 MLS ⋅ 78620 Zip Code
The only four-bedroom, single-story home on nearly half an acre in the neighborhood. Incredible value for this lovingly maintained home with a stunning park-like backyard that stretches to a wet-weather creek with your own small waterfall. Opportunities like this don't come around often in Dripping Springs. If you've been searching for that perfect balance of interior space and sprawling outdoor space, this is the unicorn you've been waiting for. Inside, the layout is effortless and airy, designed with a flow that makes everyday living feel seamless. The four spacious bedrooms offer plenty of flexibility for a home office or creative studio, while the heart of the home opens up to views of your massive backyard. It's the land, however, that truly sets this property apart, providing a sense of freedom and privacy that is becoming increasingly rare in the area. With a zen garden, plantings all around, and a massive space to entertain under the Texas sky, this backyard is truly special. Along with the wet-weather creek and waterfall, there is an adorable shed with a loft. Finding a clean, single-story four-bedroom home is hard enough; finding one on a lot this size in Dripping Springs is rare. Don't miss your chance to own one of the most usable footprints in the neighborhood. Feeds to top Lake Travis schools. Step outside and you're immediately immersed in the best of the community. Spend your mornings casting a line in the nearby fishing lakes or exploring the scenic trails that wind through the natural landscape. When the weekend hits, you're perfectly positioned to enjoy the very best of the region. Whether you're heading out for a tasting at local wineries and breweries, spending an afternoon shopping at the Hill Country Galleria, or exploring the historic charm of Mercer Street in downtown Dripping Springs, everything is just minutes away. Photos of yard in bloom from owner.

10210 Twin Lake Loop, Dripping Springs
17304 Deer Creek Skyview, Dripping Springs
$359,000
3 Beds ⋅ 2 Baths ⋅ 8264327 MLS ⋅ 78620 Zip Code
Single-story stone home on a 0.22-acre lot in Valley Lake Hills, zoned to Lake Travis ISD. This 3-bedroom, 2-bath home offers tile floors through the main living areas, high ceilings and a fireplace in the living room. The kitchen has granite counters, wood cabinetry, stainless appliances and a breakfast bar that opens to the living and dining areas. The primary suite includes a double vanity and a walk-in closet. Garage converted into a flex space with built-in cabinets for a hobby room, office or workshop. This includes some storage but could easily be converted back to a garage. Outside, the large fenced backyard is shaded by gorgeous mature live oaks and includes a back patio and stone-bordered beds. Super low tax rate, Lake Travis ISD and a quiet little community make this a great spot. Convenient to Hamilton Pool Rd, Hwy 71, Bee Cave shopping and dining, and Hill Country Galleria.

17304 Deer Creek Skyview, Dripping Springs
349 Barn Hill Loop, Dripping Springs
$479,000
3 Beds ⋅ 2 Baths ⋅ 5729303 MLS ⋅ 78620 Zip Code
Set on a premium lot backing to the greenbelt, this single-story Caliterra home pairs a manageable footprint with peaceful views of nature and west-facing sunsets. Inside, the open-concept layout is designed for easy everyday living. The kitchen features quartz countertops, a bold herringbone tile backsplash, pendant lighting, a generous island, and opens directly to the living and dining areas, making the heart of the home feel connected and comfortable. The primary suite is tucked away in the back of the home, creating a quiet retreat at the end of the day. Two additional bedrooms, one additional bathroom, and the laundry room round out the interior square footage. Outside, a covered patio takes full advantage of the setting, with ceiling fans and a gas line hookup ready for the grill. With no immediate neighbor behind, the greenbelt provides a natural backdrop and a little extra breathing room. The extended garage adds even more functionality, with additional space and a 240V 40A EV charging receptacle already in place. Caliterra offers some of the best amenities in Dripping Springs, including a resort-style pool, playgrounds, miles of trails, 250 acres of preserved green space, and Sonder Coffee Lounge. If you have been looking for an opportunity to get your foot in the door in Caliterra at a price point we don't often see in the community, this is it.

349 Barn Hill Loop, Dripping Springs
220 Sue Peaks Loop, Dripping Springs
$420,990
4 Beds ⋅ 2 Baths ⋅ 7653123 MLS ⋅ 78620 Zip Code
Brand new, energy-efficient home available by Oct 2026! Stock up on everyone's favorites with plenty of room in the walk-in pantry. The open-concept layout and covered outdoor living space are great for entertaining. A fourth bedroom is perfect for guests and larger families. Starting from the low $400s, The Reserve Collection in Big Sky Ranch is located in the heart of Dripping Springs and offers seven single and two-story traditional floorplans ranging from 1,477 to 2,812 sq. ft. Look forward to 48 acres of parkland, a 3.1-acre amenity center with a pool, splash pad and playground, plus trails with connectivity to the adjacent Founders Memorial Park. Kids will love the award-winning Dripping Spring ISD. Each of our homes is built with innovative, energy-efficient features designed to help you enjoy more savings, better health, real comfort and peace of mind.

220 Sue Peaks Loop, Dripping Springs
467 Bishop Wood Rd, Dripping Springs
$399,990
4 Beds ⋅ 3 Baths ⋅ 5330709 MLS ⋅ 78620 Zip Code
The Catarina is a versatile two-story home that combines open-concept living with flexible spaces designed to grow with your needs. The welcoming foyer opens into a bright, open layout where the kitchen, dining room, and family room connect seamlessly—ideal for everyday living and entertaining. The kitchen features a spacious island and ample counter space, while a nearby powder room adds convenience. An attached 2-car garage offers easy access to the home. For added flexibility, the first floor includes an extra bedroom with a full bathroom, making it perfect space for working from home or a guest room. Outdoor living is enhanced with a covered patio. Upstairs, the owner's suite serves as a private retreat with a spacious bedroom, walk-in closet, and a stand up shower, and a beautiful soaking tub in the primary bathroom.

467 Bishop Wood Rd, Dripping Springs
111 Olympia Bnd, Dripping Springs
$392,005
4 Beds ⋅ 3 Baths ⋅ 2252078 MLS ⋅ 78620 Zip Code
What's Special: Covered Patio | Corner Lot | Oversized Lot. New Construction – December Completion! Built by Taylor Morrison, America's Most Trusted Home Builder. Welcome to the Osprey at 111 Olympia Bend in Village Grove! Welcome home to a beautifully designed two-story floorplan filled with natural light and thoughtful living spaces. The main level features an open great room that flows into the dining area and kitchen, where a center island with pendant lighting and stainless-steel appliances create a warm gathering place. Just beyond, a covered patio offers the perfect setting for outdoor relaxation. A first-floor bedroom and full bath provide flexibility for guests, multi-generational living, or a home office. Upstairs, the private primary suite includes a spacious bath and walk-in closet, while two secondary bedrooms, a full bath, laundry room, tech space, and generous game room offer room to spread out. Whole-house blinds and a Wi-Fi-enabled garage door opener add everyday comfort and convenience. Welcome to the laid-back charm of Village Grove in Dripping Springs, TX, ranked among the top small towns in Central Texas and just 25 miles from Downtown Austin! Living here puts you steps away from the City's Sports and Recreation Park, where you can hit the trails, shoot some hoops, and have a picnic. With low maintenance yards, this community is a place to plant roots and grow into a home of your own. Additional Highlights Include: Pre-plumb for future water softener at garage, trash pull out, and full gutters. Photos are for representative purposes only.

111 Olympia Bnd, Dripping Springs
592 Darley Oak Drive, Dripping Springs
$438,174
3 Beds ⋅ 3 Baths ⋅ 9422153 MLS ⋅ 78620 Zip Code
While the primary suite lives like a private oasis on the main level, two secondary bedrooms and a loft are upstairs. This cozy two-story was designed to make a huge impact. From the vaulted space and modern staircase in the foyer, the layout feels bright, spacious and welcoming. A state-of-the-art kitchen features an oversized island and walk-in pantry. The covered patio makes the backyard a natural extension of your living space.

592 Darley Oak Drive, Dripping Springs
159 Mount Locke Rd, Dripping Springs
$410,000
3 Beds ⋅ 2 Baths ⋅ 5906325 MLS ⋅ 78620 Zip Code
Welcome to 159 Mount Locke! Where the ease of a newer home meets the laid-back pace of Dripping Springs. Built by Meritage Homes in 2020 and tucked into Big Sky Ranch, this home offers a thoughtful layout designed for everyday living. Inside, the home feels fresh, open, and easy to settle into, with bright living spaces that flow naturally from one room to the next. The kitchen anchors the main living area, making it just as practical for a quiet night at home as it is for gathering with friends. The primary suite offers a comfortable retreat at the end of the day, while two additional bedrooms give you flexibility for guests, an office, hobbies, or whatever life looks like next. There is even an additional flex space for an office! Then there is the neighborhood itself! Big Sky Ranch was designed around the idea that home can extend beyond your front door, with 48 acres of parkland, greenbelt space, walking trails, a community pool, splash pad, playground and play lawn. Trails connect the community to nearby Founders Memorial Park, giving you an easy reason to get outside without getting in the car. And this is Dripping Springs, so weekends can look a little different here! Spend the morning exploring the Hill Country & Pedernales River, meet friends for drinks at endless breweries, or catch up on shopping at nearby HEB! Back at home, there is something especially appealing about coming back to a neighborhood that gives you the space and amenities of a master-planned community while still feeling connected to the Hill Country. Add in the convenience of Dripping Springs ISD and a location in the heart of Dripping Springs, and 159 Mount Locke offers an easy transition into the lifestyle so many people are looking for! If you have been dreaming about having a little more breathing room, more time outside, and a home base that makes it easy to enjoy everything life has to offer, this is a place to start!

159 Mount Locke Rd, Dripping Springs
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