Welcome to your private slice of paradise in the heart of Dripping Springs! This rare 4.75-acre property offers the ultimate in flexibility, comfort, and Texas charm. Tucked away in a peaceful, lightly restricted area, the land features a main residence plus two fully separate guest homes—ideal for multi-generational living, rental income, or hosting family and friends. The main home exudes warmth with an open floor plan, natural light, and views of mature oak trees and Hill Country sunsets. Enjoy the serenity of wide-open spaces, with plenty of room for gardens, animals, and outdoor entertaining. Each guest home has its own private entrance and living space, providing exceptional versatility for short-term rentals, long-term tenants, or creative studios. Just minutes from downtown Dripping Springs, top-rated DSISD schools, breweries, and wedding venues, this property offers a blend of privacy and convenience rarely found. Bring your chickens, horses and your sense of adventure—this one’s got the space to match your vision! Main house 3-2 approx 2004 sqft, guest house #1, 1-1 approx 275 sqft, guest house #2, 1-1 approx 749 sqft per floor plans.
For sale
$599,000
501 Twin Oaks Trl, Dripping Springs, TX 78620
5beds
3,028sqft
Est.:
Single Family Residence
Built in 2002
4.75 Acres Lot
$584,900 Zestimate®
$198/sqft
$-- HOA
What's special
Open floor planHill country sunsetsRoom for gardensNatural lightWide-open spaces
- 41 days |
- 1,864 |
- 121 |
Zillow last checked: 8 hours ago
Listing updated: November 10, 2025 at 09:17am
Listed by:
Jeff Coffman 0447109,
Coffman Real Estate 512-894-4043
Source: NTREIS,MLS#: 21100319
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Primary bedroom
- Features: Ceiling Fan(s), Walk-In Closet(s)
- Level: Second
- Dimensions: 0 x 0
Other
- Level: Second
- Dimensions: 0 x 0
Kitchen
- Level: First
- Dimensions: 0 x 0
Living room
- Features: Ceiling Fan(s)
- Level: First
- Dimensions: 0 x 0
Heating
- Central, Electric, Heat Pump, Wood Stove
Cooling
- Central Air, Ceiling Fan(s), Window Unit(s)
Appliances
- Included: Dishwasher, Electric Range, Vented Exhaust Fan
Features
- Open Floorplan, Cable TV
- Flooring: Carpet, Tile, Wood
- Has basement: No
- Has fireplace: No
Interior area
- Total interior livable area: 3,028 sqft
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Additional Parking, Detached Carport, Garage, Gravel, Storage, Boat, RV Access/Parking
- Attached garage spaces: 2
- Carport spaces: 2
- Covered spaces: 4
Features
- Levels: Two
- Stories: 2
- Exterior features: Garden, Lighting, Private Yard
- Pool features: None
- Fencing: Fenced
Lot
- Size: 4.75 Acres
- Features: Acreage, Many Trees
Details
- Additional structures: Guest House, Outbuilding, Poultry Coop, RV/Boat Storage, Storage, Workshop
- Parcel number: R209479
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Detached
- Property subtype: Single Family Residence
Materials
- Foundation: Pillar/Post/Pier, Slab
- Roof: Composition,Metal
Condition
- Year built: 2002
Utilities & green energy
- Sewer: Aerobic Septic
- Utilities for property: Electricity Connected, Phone Available, Septic Available, Cable Available
Community & HOA
Community
- Subdivision: Hall Estates
HOA
- Has HOA: No
Location
- Region: Dripping Springs
Financial & listing details
- Price per square foot: $198/sqft
- Tax assessed value: $504,470
- Annual tax amount: $7,890
- Date on market: 10/31/2025
- Cumulative days on market: 41 days
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
Estimated market value
$584,900
$556,000 - $614,000
$4,399/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/31/2025 | Listed for sale | $599,000$198/sqft |
Source: NTREIS #21100319 Report a problem | ||
| 10/31/2025 | Listing removed | $599,000$198/sqft |
Source:  Unlock MLS #2776830 Report a problem | ||
| 8/11/2025 | Price change | $599,000-7.8%$198/sqft |
Source: Unlock MLS #2776830 Report a problem | ||
| 7/2/2025 | Listed for sale | $650,000$215/sqft |
Source: Unlock MLS #2776830 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $504,470 +81.2% |
| 2024 | $4,355 +4.2% | $278,470 +0.6% |
| 2023 | $4,181 +9.6% | $276,860 +23.8% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$3,857/mo
Principal & interest
$2878
Property taxes
$769
Home insurance
$210
Climate risks
Neighborhood: 78620
Nearby schools
GreatSchools rating
- 9/10Walnut Springs Elementary SchoolGrades: PK-5Distance: 3.3 mi
- 7/10Dripping Springs Middle SchoolGrades: 6-8Distance: 3.1 mi
- 7/10Dripping Springs High SchoolGrades: 9-12Distance: 4.1 mi
Schools provided by the listing agent
- Elementary: Walnut 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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