Active Listing  ·  71 days on market

724 Dayridge Dr

Dripping Springs, TX 78620
$590,000
4 Bed 3 Bath 2,653 sqft $222/sqft Built 2018 0.21 acres 2-Car Garage Pool Headwaters At Barton Creek Ph 1

Nestled on the front slope of 1 of 5 “protected hilltops” in Headwaters at Barton Creek.This prime hillside location offers spectacular, cascading views overlooking the Barton Creek Valley.Exterior of this 4 bed/3 bath home is a combo of local Edwards "Austin Gold" Limestone, & warm-toned Stucco Accents.Thick timber posts, double gables & metal awnings add to the Rustic “Hill Country-Craftsman” style that Trendmaker Homes built in Headwaters.Their TRIBUTE plan has 10’ ceilings, 8’ doors, wide hallways & a flexible open floorplan. As you enter, glass french doors lead to a lrg office facing front porch, providing sunset views at the end of the day.The East Wing has Beds 2 & 3, connected by private vanities &Jack+Jill bath. 4th Bed & full Bath offer privacy to your guests, away from the bustle of the entertainment areas.Modern white kitchen has 42” Beech Shaker cabinets, deep wall cabinets w/ pull-out draws, quartz countertops & a herringbone dimensional subway tile backsplash. Stainless Appliances, new microwave, updated Pendant & Can lighting, &Walk in Pantry. Large curved island provides eat-in kitchen space, & perfect setting for entertaining or holiday gatherings. Living rm w/Electric-start fireplace, a wall of windows overlook the backyard. Primary Suite is tucked in the back of the house, w/ 10’ tray ceilings, large picture windows, space for a full bedrm set +sitting area. Bright & open Primary Bath w/white cabinets & Quartz tops.Muted earth-toned tile & garden tub surround add to the peaceful spa-like retreat. Stacked privacy windows let natural light stream in. Split vanities keep everyone happy & a double-sided closet has high shelves and rods for out of season storage. New carpet & padding in Primary Bed & Closet. At the garage entry a MUD "Drop Zone" is beside the spacious utility rm w/ cabinets, a drying rod, broom closet & folding counter. HOA pays for Internet+Cable. Amenities are TopTier: Resort-like Pool, Fitness Center, Wifi Cafe, Clubhouse.

At $222/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

724 Dayridge Dr, Dripping Springs, TX 78620

Property Details

Price $590,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,653 sqft
Lot Size 0.21 acres (9,243.43 sqft)
Year Built 2018
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Headwaters At Barton Creek Ph 1
County Hays
Zip Code 78620
$/sqft $222/sqft
Days on Market ,
HOA $459/Quarterly
Annual Tax Est. $15,007.95
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT231750634
List Date September 2, 2026
Elementary School WildwoodSprings
Middle School Dripping Springs Middle
High School Dripping Springs
School District Dripping Springs ISD

Dripping Springs ISD

WildwoodSprings · 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 2, 2026 $625,000
Current ask $590,000
▼ Reduced $35,000 (-5.6%) 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
237 Moonlit Stream Pass
Headwaters At Barton Creek Ph 4 Sec 4
$595,000 $209 4 bd / 3 ba 2,847 sqft , 2026-06-17
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
612 Canyon Rim Dr
Sunset Canyon Sec V
$624,000 $261 4 bd / 3 ba 2,391 sqft , 2026-04-22
1062 Iron Willow Loop
Headwaters at Barton Creek
$675,000 $258 4 bd / 4 ba 2,618 sqft , 2026-10-29
1491 Hazy Hills Loop
Headwaters
$689,000 $285 3 bd / 3 ba 2,418 sqft , 2026-06-12

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
$2,832/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
$118,000
20% conventional investment loan

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

Estimated Gross Rent+$2,832
Principal + Interest−$3,220
Property Tax (assumed ~2.1%)−$1,033
Insurance (assumed ~0.5%)−$246
Est. Monthly Cash Flow $-1,667

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 19, 2026.

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

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