Snuggled on a Hillside! Two legal lots each 4.8+ acres for a combined total of 9.99 acres with small rock house which would make a great getaway retreat or future guest house. Amazing hill country views on a private hill top with endless opportunities off a paved county road accessible by each lot. There is also a flat higher hill top build site near the small house for future larger custom home if desired. This property has some nice oaks and is gently sloped on both sides with eastern side sloping to a wet weather creek. The location is highly desirable being only minutes from downtown Dripping Springs and in highly rated Dripping Springs ISD. Well is in need of repairs, see attached estimate for details. Very few properties come available in this area, so don't wait around this is a must see.
Lot/land
Price cut: $100.9K (11/24)
$799,000
500 Shelton Ranch Rd, Dripping Springs, TX 78620
--beds
--baths
9.99Acres
Improved Land
Built in ----
9.99 Acres Lot
$739,400 Zestimate®
$--/sqft
$-- HOA
What's special
Amazing hill country views
- 104 days |
- 201 |
- 13 |
Zillow last checked: 8 hours ago
Listing updated: December 17, 2025 at 10:55am
Listed by:
Jeff Coffman 0447109,
Coffman Real Estate 512-894-4043
Source: NTREIS,MLS#: 21056628
Facts & features
Interior
Video & virtual tour
Property
Lot
- Size: 9.99 Acres
- Features: Acreage, Hardwood Trees, Rolling Slope, Many Trees
Details
- Parcel number: R16120
- Zoning description: Residential
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Electricity Connected, Septic Available, Water Available
Community & HOA
Community
- Subdivision: George W Lindsay Surv
HOA
- Has HOA: No
Location
- Region: Dripping Springs
Financial & listing details
- Tax assessed value: $598,571
- Annual tax amount: $6,265
- Date on market: 9/11/2025
- Cumulative days on market: 105 days
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
$739,400
$702,000 - $776,000
$1,511/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/17/2025 | Contingent | $799,000 |
Source:  Unlock MLS #4420446 Report a problem | ||
| 11/24/2025 | Price change | $799,000-11.2% |
Source: Unlock MLS #4420446 Report a problem | ||
| 9/11/2025 | Listed for sale | $899,900 |
Source: Unlock MLS #4420446 Report a problem | ||
| 8/29/2025 | Listing removed | $899,900 |
Source: NTREIS #20952833 Report a problem | ||
| 5/30/2025 | Listed for sale | $899,900 |
Source: NTREIS #20952833 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $598,571 +12% |
| 2024 | $8,358 -1.7% | $534,357 -5.1% |
| 2023 | $8,501 +2.5% | $562,973 +15.7% |
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: 1.1 mi
- 7/10Dripping Springs Middle SchoolGrades: 6-8Distance: 2.7 mi
- 7/10Dripping Springs High SchoolGrades: 9-12Distance: 2.4 mi
Schools provided by the listing agent
- Elementary: Dripping Springs
- Middle: Dripping Springs
- High: Dripping Springs
- District: Dripping Springs ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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