Active Listing  ·  42 days on market

255 Bush Mountain Cv

Dripping Springs, TX 78620
$564,990
4 Bed 3 Bath 2,740 sqft $206/sqft Built 2026 0.18 acres 3-Car Garage Pool Big Sky Ranch

Brand new, energy-efficient home available NOW! The Valor is an entertainer's dream with a prep pantry connecting the kitchen to a large flex space that can be used as a fabulous formal dining room. This home also features a private home office and a three-car tandem garage. 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 $206/sqft, this home is 57% 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

255 Bush Mountain Cv, Dripping Springs, TX 78620

Property Details

Price $564,990
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,740 sqft
Lot Size 0.18 acres (7,840.8 sqft)
Year Built 2026
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Big Sky Ranch
County Hays
Zip Code 78620
$/sqft $206/sqft
Days on Market ,
HOA $45/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT247434689
List Date October 1, 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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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
236 Jagged Iron Trce
Village Grove
$569,000 $223 4 bd / 3 ba 2,552 sqft , 2026-09-15
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
246 S Sage Holw
Founders Ridge Sec 2A
$549,990 $258 3 bd / 2 ba 2,134 sqft , 2026-10-10
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

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
$2,712/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
$112,998
20% conventional investment loan

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

Estimated Gross Rent+$2,712
Principal + Interest−$3,083
Property Tax (assumed ~2.1%)−$989
Insurance (assumed ~0.5%)−$235
Est. Monthly Cash Flow $-1,595

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 November 6, 2026.

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

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