Active Listing  ·  186 days on market

463 Beauchamp Rd

Dripping Springs, TX 78620
$535,000
3 Bed 2 Bath 2,141 sqft $250/sqft Built 2008 1.50 acres 2-Car Garage Pool Shady Valley II

3BD + Office | 2BA | 2,141 SF | 1.5 Acres | Johnson City ISD | Low Taxes

2.5% Assumable VA Interest Rate Available for Veterans that qualify.

This is Hill Country living with bones. Warm golden limestone masonry exterior, vaulted and tray ceilings, and a floor-to-ceiling stone fireplace anchored in a wide-open living room with rich dark stained concrete floors. Double windows flank the fireplace on both sides — your backyard and the Hill Country beyond, framed like the land art it is.

The kitchen delivers. Cherry cabinetry, granite countertops, tile backsplash, multiple prep surfaces, a dedicated coffee station, full-sized pantry, and a curved granite breakfast bar with industrial rustic stools. Whether it's a slow Sunday or a full house, this kitchen handles it.

Three bedrooms plus a designated office with French doors — single story, no wasted space. The formal dining room has a tray ceiling, rustic chandelier, and a farm table built for gathering. The primary en-suite is the real reward: travertine tile, soaking tub, oversized frameless glass shower, and double granite vanity.

Outside: 1.5 acres, covered back porch, fire pit, raised garden beds, long private concrete drive, and Hill Country views in every direction.

Location is the bonus. Johnson City ISD with some of the lowest tax rates in the region. Dripping Springs — the gateway to the Texas Hill Country — is minutes away, with an H-E-B, Home Depot, and 130-acre Dripping Springs Ranch Park with trails, fishing, and equestrian facilities. Downtown Austin is 30 minutes east. Pedernales Falls State Park is practically in your backyard.

Hill Country roots. City within reach. Come see it for yourself — call to schedule your private showing today.

At $250/sqft, this home is 43% below the Dripping Springs active market average of $442/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

463 Beauchamp Rd, Dripping Springs, TX 78620

Property Details

Price $535,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 2,141 sqft
Lot Size 1.50 acres (65,340 sqft)
Year Built 2008
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Shady Valley II
County Hays
Zip Code 78620
$/sqft $250/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $6,627.27
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT223531926
List Date March 30, 2026
Elementary School Lyndon B Johnson
Middle School Lyndon B Johnson
High School Lyndon B Johnson (Johnson City ISD)
School District ,

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.

Schedule a Call →

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 · March 30, 2026 $600,000
Previous ask $540,000
Current ask $535,000
▼ Reduced $65,000 (-10.8%) 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.

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
$2,568/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
$107,000
20% conventional investment loan

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

Estimated Gross Rent+$2,568
Principal + Interest−$2,920
Property Tax (~2.1% TX avg)−$936
Insurance (~0.5%)−$223
Est. Monthly Cash Flow $-1,511

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 · 30 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. This page was last updated on September 29, 2026.

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