Discover the perfect blend of hill country living and investment potential at this exceptional property in the heart of Dripping Springs. This property consists of a four bedroom three bath main house as well as a large detached structure housing a complete guest apartment and an epic game room. Currently being used as an income producing short term rental property, this place is being offered fully-furnished for a plug and play profitable airbnb investment. However, it would also work wonderfully for any one looking for a property that can accommodate multi-generational living, a home-based business, hobby enthusiasts, or those seeking a primary residence with a detached rental income generating space. The main house features 4 bedrooms and 3 full bathrooms, a dedicated dining room, a sunroom, and an attached two car garage. For added flexibility, the detached 28' x 42' secondary building offers endless possibilities. The expansive game room is perfect for entertainment, or this space could be used for hobbyists or those looking for extra storage for large toys such as cars, boats or RVs. Attached to the current game room is a 1 bedroom, 1 bathroom guest suite—complete with its own kitchen and laundry connections and a separate driveway— this area provides a private space for extended family, visitors or one could use it as an income generating rental. Outside, the large, level backyard is designed for relaxation and outdoor enjoyment. Take a dip in the plunge pool, gather around the fire pit, or enjoy an alfresco meal on the deck. There’s plenty of space for whatever your heart desires. This versatile property is located in the heart of the hill country in Dripping Springs. It is minutes away from cafes and restaurants in downtown dripping and also situated within easy access to popular breweries, distilleries, and wedding venues.
Active
$750,000
220 Meadow Oaks Dr, Dripping Springs, TX 78620
5beds
2,835sqft
Est.:
Single Family Residence
Built in 1995
0.5 Acres Lot
$731,200 Zestimate®
$265/sqft
$-- HOA
What's special
Guest apartmentLarge detached structureDedicated dining roomAttached two car garageEpic game roomExpansive game roomPlunge pool
- 21 days
- on Zillow |
- 1,220 |
- 108 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: July 23, 2025 at 11:20am
Listed by:
Erika Albert (512) 779-7597,
E-Rae Realty (512) 779-7597
Source: Unlock MLS,MLS#: 9630573

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
- Main level bedrooms: 5
Heating
- Central
Cooling
- Central Air, Wall/Window Unit(s)
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Stainless Steel Appliance(s), Washer
Features
- Ceiling Fan(s), High Ceilings, Vaulted Ceiling(s), Granite Counters, Double Vanity, Eat-in Kitchen, Kitchen Island, Primary Bedroom on Main, Walk-In Closet(s)
- Flooring: Carpet, Tile
- Windows: Blinds
- Number of fireplaces: 1
- Fireplace features: Living Room
Interior area
- Total interior livable area: 2,835 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage, Garage Door Opener, Off Street, Oversized, RV Access/Parking
- Garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Enclosed, Patio
- Exterior features: Gray Water System, Private Yard, See Remarks
- Has private pool: Yes
- Pool features: In Ground, See Remarks
- Fencing: Masonry
- Has view: Yes
- View description: None
- Waterfront features: None
Lot
- Size: 0.5 Acres
- Features: Interior Lot
Details
- Additional structures: Guest House, Outbuilding, Shed(s)
- Parcel number: 1153350000088004
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Foundation: Slab
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1995
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Electricity Connected, Internet-Cable
Community & HOA
Community
- Features: See Remarks
- Subdivision: Meadow Oaks Ph I
HOA
- Has HOA: No
Location
- Region: Dripping Springs
Financial & listing details
- Price per square foot: $265/sqft
- Tax assessed value: $647,492
- Annual tax amount: $10,127
- Date on market: 7/11/2025
- Listing terms: Cash,Conventional,VA Loan
- Electric utility on property: Yes
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