Active Listing  ·  195 days on market

111 Sacred Fig Road None

Dripping Springs, TX 78620
$524,974
5 Bed 4 Bath 2,881 sqft $182/sqft Built 2026 0.16 acres 2-Car Garage Pool New Construction Heritage
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About This Home

Step inside your new home with its wide and welcoming foyer. Continue walking through the open kitchen and dining area, where you can’t miss the big windows or the impressive, vaulted ceilings. You’ll love the covered outdoor living area, too, for entertaining made easy. The primary suite is tucked to the rear of the home on the main level, giving everyone their own space. Three additional bedrooms and two baths are upstairs, while a massive game room sits center stage.

At $182/sqft, this home is 62% below the Dripping Springs active market average of $475/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

111 Sacred Fig Road None, Dripping Springs, TX 78620

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Property Details

Price $524,974
Status Active Listing
Beds 5
Full Baths 4
Half Baths ,
Living Area 2,881 sqft
Lot Size 0.16 acres (6,838.92 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Heritage
County Hays
Zip Code 78620
$/sqft $182/sqft
Days on Market ,
HOA $600/Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT228450163
List Date May 1, 2026
Elementary School Dripping Springs
Middle School Dripping Springs Middle
High School Dripping Springs
School District Dripping Springs ISD

School District

Dripping Springs ISD

Dripping Springs · Dripping Springs Middle · Dripping Springs

Have Questions About This Property?

Luke Allen (TREC #788149) has deep knowledge of Dripping Springs and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

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Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · May 1, 2026 $597,109
Previous ask $559,974
Current ask $524,974
▼ Reduced $72,135 (-12.1%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

Similar Homes on the Market in Dripping Springs

Comparable Listings Right Now

Homes currently for sale in Dripping Springs with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed
421 Comfort Maple Ln
Heritage Dripping Spgs Ph1 $540,000 $249 4 bd / 3 ba 2,172 sqft , 2026-10-22
160 Ranier Way
Cannon Ranch Ph 2 $509,841 $192 4 bd / 4 ba 2,653 sqft , 2026-07-15
409 Shadywood Ln
Meadow Oaks Phase I $545,000 $272 4 bd / 2 ba 2,004 sqft , 2026-10-22
264 N Sage Holw
Founders Ridge Sec 1 $547,000 $266 4 bd / 3 ba 2,054 sqft , 2026-07-31
118 Crater Lake Dr
Cannon Ranch $547,020 $188 6 bd / 4 ba 2,904 sqft , 2026-10-21

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent
$2,520/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.46%
NOI after 40% vacancy + expenses
Down Payment
$104,995
20% conventional investment loan

Monthly Cash Flow Breakdown (assumes 20% down · 7.25% rate)

Estimated Gross Rent+$2,520
Principal + Interest−$2,865
Property Tax (assumed ~2.1%)−$919
Insurance (assumed ~0.5%)−$219
Est. Monthly Cash Flow $-1,483

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Dripping Springs, TX

Dripping Springs sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Westlake corridor 25 min NE
Downtown Austin 40 min E
Tesla Gigafactory 50 min NE

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About the Author
Luke Allen, Austin TX Realtor, TREC #788149
Luke Allen
Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019
★★★★★ 5.0 on Google · 41 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. The written content was last updated on October 29, 2026.

📞 (254) 718-2567 [email protected] More about Luke →

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