Active Listing  ·  57 days on market

170 Jagged Iron Trce

Dripping Springs, TX 78620
$613,380
4 Bed 5 Bath 3,078 sqft $199/sqft Built 2027 0.14 acres 2-Car Garage Pool Village Grove

What’s Special: Secondary Bedroom with Attached Bath | South Facing Patio | Dedicated Study | Game Room | Covered Patio | Large Kitchen Island. New Construction – December Completion! Built by Taylor Morrison, America’s Most Trusted Home Builder. Welcome to the Anderson at 170 Jagged Iron Trace in Village Grove! This thoughtfully designed floor plan features a spacious great room that flows seamlessly into the gourmet kitchen and dining area, creating a warm and inviting gathering space. The first-floor primary suite offers a private retreat with a luxurious spa shower and generous walk-in closet, while a study and secondary bedroom near the front of the home provide flexibility for hobbies and guests. Upstairs, two secondary bedrooms, a game room, and a media room offer plenty of space to relax and connect. A covered patio and 2-car garage complete this home. Welcome to the laid-back charm of Village Grove in Dripping Springs, TX, ranked among the top small towns in Central Texas and just 25 miles from Downtown Austin! Living here puts you steps away from the City's Sports and Recreation Park, where you can hit the trails, shoot some hoops, and have a picnic. With low maintenance yards, this community is a place to plant roots and grow into a home of your own. Additional Highlights Include: Spa shower at primary bath, pendant lights over kitchen island, exterior gas line, upgraded front door. Virtually staged photos are for representative purposes only.

At $199/sqft, this home is 58% 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

170 Jagged Iron Trce, Dripping Springs, TX 78620

Property Details

Price $613,380
Status Active Listing
Beds 4
Full Baths 4
Half Baths 1
Living Area 3,078 sqft
Lot Size 0.14 acres (6,011.28 sqft)
Year Built 2027
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Village Grove
County Hays
Zip Code 78620
$/sqft $199/sqft
Days on Market ,
HOA $270/Quarterly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT247011712
List Date September 16, 2026
Elementary School Dripping Springs
Middle School Dripping Springs Middle
High School Dripping Springs
School District Dripping Springs ISD

Dripping Springs ISD

Dripping Springs · Dripping Springs Middle · Dripping Springs

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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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
480 Emerald Walk Loop
Village Grove
$603,303 $269 4 bd / 3 ba 2,242 sqft , 2026-05-15
171 Bush Mountain Cv
Big Sky Ranch
$634,990 $189 5 bd / 4 ba 3,355 sqft , 2026-10-23
242 Jagged Iron Trce
Village Grove
$646,290 $238 4 bd / 3 ba 2,719 sqft , 2026-06-24
233 Bush Mountain Cv
Big Sky Ranch
$574,990 $175 5 bd / 4 ba 3,291 sqft , 2026-08-03
236 Jagged Iron Trce
Village Grove
$569,000 $223 4 bd / 3 ba 2,552 sqft , 2026-09-15

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
$2,944/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
$122,676
20% conventional investment loan

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

Estimated Gross Rent+$2,944
Principal + Interest−$3,347
Property Tax (assumed ~2.1%)−$1,073
Insurance (assumed ~0.5%)−$256
Est. Monthly Cash Flow $-1,732

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 14, 2026.

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

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