Active Listing  ·  101 days on market

233 Bush Mountain Cv

Dripping Springs, TX 78620
$574,990
5 Bed 4 Bath 3,291 sqft $175/sqft Built 2026 0.12 acres 2-Car Garage Pool Big Sky Ranch

Brand new, energy-efficient home available by Oct 2026! Skip the theater and enjoy movie dates in the Frontier's second-story game or media room. Almond cabinets with marble-look white quartz countertops, cool beige laminate flooring, and multi-tone taupe carpet in our Essence package. Starting in the mid $400s, the Executive Collection in Big Sky Ranch is located in the heart of Dripping Springs and offers eight single and two-story floorplans ranging from 1,893 - 3,355 sq. ft. Look forward to 48 acres of parkland, a 3.1-acre amenity center with a pool, splash pad and playground, plus trails with connectivity to Founders Memorial Park. Kids will love the award-winning Dripping Spring ISD. Each of our homes is built with innovative, energy-efficient features designed to help you enjoy more savings, better health, real comfort and peace of mind.

At $175/sqft, this home is 63% 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

233 Bush Mountain Cv, Dripping Springs, TX 78620

Property Details

Price $574,990
Status Active Listing
Beds 5
Full Baths 4
Half Baths ,
Living Area 3,291 sqft
Lot Size 0.12 acres (5,227.2 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Big Sky Ranch
County Hays
Zip Code 78620
$/sqft $175/sqft
Days on Market ,
HOA $45/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT241318998
List Date August 3, 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 · August 3, 2026 $581,990
Previous ask $569,990
Current ask $574,990
▼ Reduced $7,000 (-1.2%) 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
127 Moonlit Stream Pass
Headwaters At Barton Creek Ph 4 Sec 4
$580,000 $219 4 bd / 3 ba 2,649 sqft , 2026-10-30
236 Jagged Iron Trce
Village Grove
$569,000 $223 4 bd / 3 ba 2,552 sqft , 2026-09-15
255 Bush Mountain Cv
Big Sky Ranch
$564,990 $206 4 bd / 3 ba 2,740 sqft , 2026-10-01
169 Jagged Iron Trce
Village Grove
$549,990 $217 4 bd / 3 ba 2,540 sqft , 2026-05-19
118 Crater Lake Dr
Cannon Ranch
$547,020 $188 6 bd / 4 ba 2,904 sqft , 2026-10-21

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
$2,760/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
$114,998
20% conventional investment loan

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

Estimated Gross Rent+$2,760
Principal + Interest−$3,138
Property Tax (assumed ~2.1%)−$1,006
Insurance (assumed ~0.5%)−$240
Est. Monthly Cash Flow $-1,624

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 9, 2026.

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

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