Active Listing  ·  181 days on market

200 Vista West Ranch Rd

Dripping Springs, TX 78620
$1,000,050
3 Bed 2 Bath 2,229 sqft $449/sqft Built 2019 10.00 acres 3-Car Garage Pool New Construction Vista West Ranches Unfiled

Escape to 10 acres of endless possibility in the heart of the Texas Hill Country! This custom-built 3 bedroom, 2 bathroom home offers the perfect blend of privacy, functionality, and income-producing potential. Soaring ceilings, expansive windows, and abundant natural light create an open and inviting atmosphere throughout, while built-in cabinetry adds timeless character and practical storage. The eat-in kitchen with breakfast nook is ideal for casual mornings overlooking the peaceful wooded surroundings. Step outside to the large back deck and take in the serene views of trees and wide-open acreage. A spacious 3-car garage provides ample room for vehicles, hobbies, or equipment. Adding even more value, two mobile homes on concrete blocks currently offer leasing and income-producing opportunities. With 10 unrestricted usable acres, the possibilities are truly endless — build additional structures, create a private retreat, start a homestead, or simply enjoy the space and freedom. Conveniently located near the charm of Downtown Dripping Springs, local wineries, breweries, Hamilton Pool Preserve, Pedernales Falls State Park, and highly sought-after Dripping Springs ISD schools, this property delivers the perfect balance of Hill Country living and modern convenience.

At $449/sqft, this home is 5% 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 Vista West Ranch Rd, Dripping Springs, TX 78620

Property Details

Price $1,000,050
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 2,229 sqft
Lot Size 10.00 acres (435,600 sqft)
Year Built 2019
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Vista West Ranches Unfiled
County Hays
Zip Code 78620
$/sqft $449/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $1,076.54
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT229925355
List Date May 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 · May 15, 2026 $1,300,000
Previous ask $1,200,000
Current ask $1,000,050
▼ Reduced $299,950 (-23.1%) 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
4016 McGregor Ln Lot 1-2 None
Sponsellers
$895,000 $520 3 bd / 2 ba 1,720 sqft , 2026-06-05

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
$4,800/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
$200,010
20% conventional investment loan

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

Estimated Gross Rent+$4,800
Principal + Interest−$5,458
Property Tax (assumed ~2.1%)−$1,750
Insurance (assumed ~0.5%)−$417
Est. Monthly Cash Flow $-2,825

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 27, 2026.

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

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