Active Listing  ·  242 days on market

200 Little Barton Dr

Dripping Springs, TX 78620
$550,000
3 Bed 2 Bath 2,185 sqft $252/sqft Built 1982 1.99 acres 2-Car Garage Pool Springlake

Country living just minutes from downtown Dripping Springs and about 30 minutes from Austin, this serene property sits on approximately 2 peaceful acres dotted with many trees, including mature oaks and fruit trees. The land feels like a private nature preserve, with deer and a family of hawks that nest on the property. The property backs to Little Barton Creek, offering privacy, natural beauty, and the feeling of being in your own park.

The Hays County Appraisal District has the square footage at 1,512. A recent independent appraisal reports the main home at 1,685 sq ft and the guest house at 500 sq ft, which is not included in the HCAD appraisal. It was appraised at $600,000.

• Main Home — The main residence features 3 bedrooms, 2 bathrooms, and a spacious living room with a cathedral ceiling and a beautiful rock fireplace. Numerous windows allow natural light to fill the home. Two sizeable bedrooms have large windows that invite even more natural light. One of the two full baths is located on the main level, where a clear sliding shower door enhances the open, airy feel. A mudroom/utility room off the kitchen connects to the garage and is currently being used as a small office. It includes W/D connections both there and in the garage, and it has its own A/C with heating and cooling. • Upstairs, the primary suite offers generous space for a sitting area or office, along with a large walk-in closet. Windows frame peaceful treetop views, and the bathroom features a charming clawfoot tub positioned between two windows that invite soft natural light. • Guest House — The guest house includes a living/dining area, a large bedroom, a full bath, a small fenced yard with a covered patio, an attached storage room, and a covered carport. This versatile space is ideal for visiting family, multigenerational living, long-term tenants, or short-term rental income opportunities such as Airbnb. Home Tours Available At Your Convenience

At $252/sqft, this home is 47% 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

200 Little Barton Dr, Dripping Springs, TX 78620

Property Details

Price $550,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 2,185 sqft
Lot Size 1.99 acres (86,684.4 sqft)
Year Built 1982
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Springlake
County Hays
Zip Code 78620
$/sqft $252/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $9,076.63
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT222291013
List Date March 15, 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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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 · March 15, 2026 $665,000
Previous ask $575,000
Current ask $550,000
▼ Reduced $115,000 (-17.3%) 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
409 Shadywood Ln
Meadow Oaks Phase I
$545,000 $272 4 bd / 2 ba 2,004 sqft , 2026-10-22
121 Bishop Wood Road None
Heritage
$574,400 $197 4 bd / 4 ba 2,912 sqft , 2026-06-25
600 Meadow Oaks Dr
Meadow Oaks Ph I
$500,000 $282 3 bd / 2 ba 1,774 sqft , 2026-10-15
1805 Spring Valley Dr
Springlake
$625,000 $338 4 bd / 3 ba 1,848 sqft , 2026-02-26
2110 Spring Valley Dr
Springlake
$625,000 $300 4 bd / 2 ba 2,081 sqft , 2026-05-14

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
$2,640/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
$110,000
20% conventional investment loan

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

Estimated Gross Rent+$2,640
Principal + Interest−$3,002
Property Tax (assumed ~2.1%)−$963
Insurance (assumed ~0.5%)−$229
Est. Monthly Cash Flow $-1,554

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 13, 2026.

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

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