Active Listing  ·  58 days on market

236 Jagged Iron Trce

Dripping Springs, TX 78620
$569,000
4 Bed 3 Bath 2,552 sqft $223/sqft Built 2026 0.15 acres 2-Car Garage Pool Village Grove

What's Special: No Rear Neighbors | Game Room | Tub in Primary Bath | Covered Patio. New Construction – December Completion! Built by Taylor Morrison, America's Most Trusted Home Builder. Welcome to the Duval at 236 Jagged Iron Terrace in Village Grove! Discover this spacious two-story home featuring four bedrooms, three bathrooms, a media room, and open-concept living designed for both comfort and entertaining. The heart of the home showcases a well-appointed kitchen with a large island overlooking the dining area and great room, creating a welcoming gathering space. The first-floor primary suite offers a private retreat with a generous walk-in closet and en-suite bathroom. Upstairs, two secondary bedrooms share a bathroom and are complemented by a versatile media room and tech space. Enjoy outdoor living on the covered patio, while the two-car garage and convenient laundry room add everyday functionality. Welcome to the laid-back charm of Village Grove in Dripping Springs, TX, ranked among the top small towns in Central Texas and just 25 miles from Downtown Austin! Living here puts you steps away from the City's Sports and Recreation Park, where you can hit the trails, shoot some hoops, and have a picnic. With low maintenance yards, this community is a place to plant roots and grow into a home of your own. Additional Highlights Include: Spa shower at primary bath, exterior gas line, vinyl sliding door unit at great room, island wrap, upgraded front door, and pendant lights over kitchen island. Virtually staged photos are for representative purposes only.

At $223/sqft, this home is 53% 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

236 Jagged Iron Trce, Dripping Springs, TX 78620

Property Details

Price $569,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,552 sqft
Lot Size 0.15 acres (6,599.34 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Village Grove
County Hays
Zip Code 78620
$/sqft $223/sqft
Days on Market ,
HOA $270/Quarterly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT246863659
List Date September 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 · September 15, 2026 $639,585
Current ask $569,000
▼ Reduced $70,585 (-11.0%) 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
255 Bush Mountain Cv
Big Sky Ranch
$564,990 $206 4 bd / 3 ba 2,740 sqft , 2026-10-01
233 Bush Mountain Cv
Big Sky Ranch
$574,990 $175 5 bd / 4 ba 3,291 sqft , 2026-08-03
169 Jagged Iron Trce
Village Grove
$549,990 $217 4 bd / 3 ba 2,540 sqft , 2026-05-19
221 Bush Mountain Cv
Big Sky Ranch
$539,990 $232 4 bd / 3 ba 2,332 sqft , 2026-08-12
480 Emerald Walk Loop
Village Grove
$603,303 $269 4 bd / 3 ba 2,242 sqft , 2026-05-15

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
$2,731/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
$113,800
20% conventional investment loan

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

Estimated Gross Rent+$2,731
Principal + Interest−$3,105
Property Tax (assumed ~2.1%)−$996
Insurance (assumed ~0.5%)−$237
Est. Monthly Cash Flow $-1,607

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 14, 2026.

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

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