Active Listing  ·  35 days on market

198 Senna Dr

Dripping Springs, TX 78620
$663,660
5 Bed 4 Bath 3,399 sqft $195/sqft Built 2016 0.22 acres 3-Car Garage Pool Founders Ridge Sec 1

Tucked at the end of a quiet cul-de-sac and backing to a greenbelt, 198 Senna Drive offers something that is becoming harder to find: a home that feels private, peaceful, and connected to the Hill Country surroundings.

Inside, high ceilings, abundant natural light, and warm wood floors create an inviting flow throughout the home. The kitchen offers generous counter space, a large island, dark cabinetry, and plenty of room for everyday living and entertaining.

The floor plan gives you flexibility beyond the bedrooms, with spaces that can easily become a home office, studio, creative room, or additional living area. Large windows throughout bring the outdoors in, with beautiful views and sunsets from inside the home.

The house is also prewired for surround sound, and the outdoor area already has installation in place for a barbecue, making it easy to create a great space for entertaining.

But for me, the location within the neighborhood is one of its biggest advantages. No home directly behind you, a greenbelt backdrop, and a cul-de-sac setting give the property an extra sense of privacy and tranquility.

198 Senna Drive isn’t only about the house—it’s about having a little more quiet, a little more privacy, and a place that feels good to come home to.

At $195/sqft, this home is 59% 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

198 Senna Dr, Dripping Springs, TX 78620

Property Details

Price $663,660
Status Active Listing
Beds 5
Full Baths 3
Half Baths 1
Living Area 3,399 sqft
Lot Size 0.22 acres (9,757.44 sqft)
Year Built 2016
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Founders Ridge Sec 1
County Hays
Zip Code 78620
$/sqft $195/sqft
Days on Market ,
HOA $225/Quarterly
Annual Tax Est. $12,364.88
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT246744340
List Date October 8, 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.

Schedule a Call →

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
389 Kings Pine Dr
Heritage
$634,990 $189 6 bd / 4 ba 3,365 sqft , 2026-09-17
171 Bush Mountain Cv
Big Sky Ranch
$634,990 $189 5 bd / 4 ba 3,355 sqft , 2026-10-23
168 Osage Ct
Founders Ridge Sec 1
$700,000 $252 4 bd / 5 ba 2,781 sqft , 2026-10-14
533 Founders Rdg
Founders Ridge Sec 2A
$619,000 $198 4 bd / 3 ba 3,124 sqft , 2026-10-21
167 Darley Oak Dr
Heritage Dripping Spgs Ph1
$585,000 $194 4 bd / 4 ba 3,012 sqft , 2026-09-17

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
$3,186/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
$132,732
20% conventional investment loan

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

Estimated Gross Rent+$3,186
Principal + Interest−$3,622
Property Tax (assumed ~2.1%)−$1,161
Insurance (assumed ~0.5%)−$277
Est. Monthly Cash Flow $-1,874

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 November 11, 2026.

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

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