Active Listing  ·  182 days on market

2110 Spring Valley Dr

Dripping Springs, TX 78620
$625,000
4 Bed 2 Bath 2,081 sqft $300/sqft Built 1996 1.00 acres Pool Springlake

Located in the heart of the Hill Country's explosive growth in Dripping Springs, this single-story home is set on a spacious, private, 1-acre lot surrounded by 25 plus mature oak trees! The property features a large and well-planned plan, including four spacious bedrooms, two well-appointed bathrooms, and a dedicated office space that can serve as a 5th bedroom. The centerpiece of this home is the oversized kitchen with an island you can land a small plane on! The home is an ideal match for those seeking a balance of rural peace and modern living. The outdoor space is equally remarkable, offering plenty of room for gardening, leisure activities, or simply enjoying the tranquil atmosphere under the tree shade. The property has recently built two-stall stable that will comfortably house two horses, and the old garage has been converted to a tack and feed storage room. The tack room also has a cold water connection, outlets every 4-6 feet plus a 220 amp connection. The nearby Dripping Springs Ranch Park offers excellent riding opportunities, and the property is approximately 10 minutes from services, including HEB, acclaimed Dripping Springs ISD schools, City Park and Pool, restaurant’s and retail.

At $300/sqft, this home is 37% 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

2110 Spring Valley Dr, Dripping Springs, TX 78620

Property Details

Price $625,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 2,081 sqft
Lot Size 1.00 acres (43,560 sqft)
Year Built 1996
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Springlake
County Hays
Zip Code 78620
$/sqft $300/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $7,580.46
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT229913843
List Date May 14, 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 14, 2026 $650,000
Current ask $625,000
▼ Reduced $25,000 (-3.8%) 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
1805 Spring Valley Dr
Springlake
$625,000 $338 4 bd / 3 ba 1,848 sqft , 2026-02-26
1880 Spring Valley Dr
Springlake
$650,000 $298 3 bd / 2 ba 2,183 sqft , 2026-10-29
200 Little Barton Dr
Springlake
$550,000 $252 3 bd / 2 ba 2,185 sqft , 2026-03-15
2591 Spring Valley Dr
Springlake
$499,000 $346 3 bd / 1 ba 1,444 sqft , 2026-08-06

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
$3,000/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
$125,000
20% conventional investment loan

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

Estimated Gross Rent+$3,000
Principal + Interest−$3,411
Property Tax (assumed ~2.1%)−$1,094
Insurance (assumed ~0.5%)−$260
Est. Monthly Cash Flow $-1,765

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 July 29, 2026.

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

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