Active Listing  ·  59 days on market

808 Iron Willow Loop

Dripping Springs, TX 78620
$699,000
4 Bed 4 Bath 2,605 sqft $268/sqft Built 2027 0.14 acres 2-Car Garage Pool Headwaters at Barton Creek
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About This Home

This David Weekley Homes new construction, “Open Concept” Bluebonnet plan lets the Hill Country outdoors flow within this beautiful home. T his lovely home boasts a ton of natural light though the over-sized windows that bring beautiful Hill Country views within. This spacious home offers a beautiful kitchen that is perfect for entertaining and hanging out with family and friends. Spend an evening relaxing on your large covered rear patio as you take in the breath-taking Hill Country Views. The second-floor retreat is perfect for hanging out and enjoying those late-night movies with family and friends. Call today to view this beautiful new David Weekley home in Headwaters.

Our EnergySaver™ Homes offer peace of mind knowing your new home in Dripping Springs is minimizing your environmental footprint while saving energy.

Square Footage is an estimate only; actual construction may vary.

At $268/sqft, this home is 44% 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

808 Iron Willow Loop, Dripping Springs, TX 78620

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Property Details

Price $699,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 2,605 sqft
Lot Size 0.14 acres (6,246.5 sqft)
Year Built 2027
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Headwaters at Barton Creek
County Hays
Zip Code 78620
$/sqft $268/sqft
Days on Market ,
HOA $459/Quarterly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT246783029
List Date September 14, 2026
Elementary School WildwoodSprings
Middle School Dripping Springs Middle
High School Dripping Springs
School District Dripping Springs ISD

School District

Dripping Springs ISD

WildwoodSprings · Dripping Springs Middle · Dripping Springs

Have Questions About This Property?

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 14, 2026 $744,341
Current ask $699,000
▼ Reduced $45,341 (-6.1%) 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
1491 Hazy Hills Loop
Headwaters $689,000 $285 3 bd / 3 ba 2,418 sqft , 2026-06-12
974 Iron Willow Loop
Headwaters at Barton Creek $689,000 $249 4 bd / 4 ba 2,763 sqft , 2026-09-14
1062 Iron Willow Loop
Headwaters at Barton Creek $675,000 $258 4 bd / 4 ba 2,618 sqft , 2026-10-29
2016 Hidden Hills Dr
Sunset Canyon Sec 1 $725,000 $374 4 bd / 2 ba 1,937 sqft , 2026-06-01
984 Iron Willow Loop
Headwaters at Barton Creek $739,000 $274 4 bd / 4 ba 2,700 sqft , 2026-09-19

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
$3,355/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
$139,800
20% conventional investment loan

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

Estimated Gross Rent+$3,355
Principal + Interest−$3,815
Property Tax (assumed ~2.1%)−$1,223
Insurance (assumed ~0.5%)−$291
Est. Monthly Cash Flow $-1,974

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 8, 2026.

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

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