This 5-acre lot in the Springlake subdivision is ready for your dream home. Just minutes from downtown Dripping Springs, it’s in a quiet, private neighborhood with no HOA, minimal restrictions and a low tax rate. Located in the highly rated Dripping Springs school district. Water is run to the property—just needs a meter re-installed—and electricity is already connected. There's also a concrete structure with a stone basement that could be torn down, turned into a pool or water storage, or built around. Come take a look—this one’s worth seeing in person!
Active
Price cut: $49K (11/7)
$350,000
150 Oak Grove Dr, Dripping Springs, TX 78620
0beds
0baths
5Acres
Unimproved Land
Built in ----
5 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Quiet private neighborhood
- 127 days |
- 622 |
- 77 |
Zillow last checked: 8 hours ago
Listing updated: November 07, 2025 at 08:55am
Listed by:
Cody George codygeorge@magnoliarealty.com,
Magnolia Realty Austin Hill Co (512) 771-4176
Source: Unlock MLS,MLS#: 3560414
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 0
Property
Features
- Exterior features: None
- Has view: Yes
- View description: Hill Country, Trees/Woods
- Waterfront features: None
Lot
- Size: 5 Acres
- Features: Level, Open Lot, Trees-Heavy
Details
- Additional structures: See Remarks
- Parcel number: 1180700000096004
- Special conditions: Standard
Utilities & green energy
- Sewer: Septic Needed
- Water: Public
- Utilities for property: Electricity Connected, Water Available
Community & HOA
Community
- Features: None
- Subdivision: Springlake
HOA
- Has HOA: No
Location
- Region: Dripping Springs
Financial & listing details
- Tax assessed value: $650,480
- Annual tax amount: $10,173
- Date on market: 8/7/2025
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/7/2025 | Price change | $350,000-12.3% |
Source:  Unlock MLS #3560414 Report a problem | ||
| 8/7/2025 | Listed for sale | $399,000-38.5% |
Source: Unlock MLS #3560414 Report a problem | ||
| 1/1/2024 | Listing removed | -- |
Source: Unlock MLS #5440267 Report a problem | ||
| 8/30/2023 | Price change | $649,000-7.2% |
Source: Unlock MLS #5440267 Report a problem | ||
| 7/12/2023 | Listed for sale | $699,000+47.2% |
Source: Unlock MLS #5440267 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $650,480 |
| 2024 | $9,586 +24.3% | $650,480 +27.4% |
| 2023 | $7,712 +43.5% | $510,745 +62.1% |
Find assessor info on the county website
BuyAbility℠ payment
Estimated monthly payment
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Neighborhood: 78620
Nearby schools
GreatSchools rating
- 8/10Dripping Springs Elementary SchoolGrades: PK-5Distance: 1 mi
- 7/10Dripping Springs Middle SchoolGrades: 6-8Distance: 1.4 mi
- 7/10Dripping Springs High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- Elementary: Dripping Springs
- Middle: Dripping Springs Middle
- High: Dripping Springs
- District: Dripping Springs ISD
Source: Unlock MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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