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Jeannette Spinelli

Broker Associate & Founder | Spinelli Residential Group | KW - Austin Portfolio Real Estate

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121 Spring Cv , Dripping Springs, TX 78620
$700,000
Est. Payment: $3,811.83/mo
1 Bed
1 Bath
8.62 Acres
Status: active | Days on site: 7
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8099 - 447109,569198
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Jeannette Spinelli
Broker Associate & Founder

House Description

Discover the perfect blend of functionality, privacy, and Hill Country beauty on this exceptional 8.61-acre property at the end of a quiet cul-de-sac. Offering panoramic views, a cleared and established homesite, and valuable infrastructure already in place, this property is ideal for a future custom home, weekend retreat, homestead, or live/work setup in the Texas Hill Country. The property features a 2,400 square foot spray foam insulated barndominium/shop designed for versatility and comfort. Inside, you’ll find two built-in bedrooms, one full bath, loft storage space, and two split-unit HVAC systems providing efficient heating and cooling year-round. The building is perfectly suited for use as a workshop, temporary residence while building, equipment storage, or future guest quarters. The loft area offers additional storage and could easily be finished out for expanded living space. Designed with long-term functionality in mind, the property includes a permitted septic system already engineered for an additional future home (to be built), a 350-foot well, and an impressive 29,000-gallon rainwater collection system complete with water purification and UV filtration. The combination of well water and rainwater storage provides outstanding utility and self-sufficiency potential. The land has already been thoughtfully cleared to showcase the property’s breathtaking Hill Country views while preserving the natural beauty and privacy of the surrounding landscape. An agricultural exemption has recently been approved, with active bee keeping in place through Keepers Harvest, creating an excellent opportunity for reduced property taxes. Whether you’re looking for a turnkey property, future homesite, recreational retreat, or private Hill Country escape, this rare acreage tract offers flexibility, infrastructure, and incredible potential in a peaceful cul-de-sac setting.

Highlights

Listed by Jeff Coffman , (512) 964-6640 and Melony Coffman , (512) 968-0361 Coffman Real Estate , (512) 894-4043. Austin MLS mls logo

Property Type

Residential

Lot/Acreage
8.62

County

Hays

Area

HD

Neighborhood

Longview II

School District

Dripping Springs ISD

Listing ID

8559268

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:1
  • ▪ Bathrooms:1
  • ▪ Full Bathrooms:1
Appliances:Water Purifier
Water:See Remarks,Well

Exterior Features

Lot:Cul-De-Sac,Level,Many Trees,See Remarks,Trees Large Size
Others:
  • ▪ Additional:See Remarks
Sewer:See Remarks
Parking Features:Additional Parking,Door-Multi,Garage
Principal Interest
$3,812
Taxes
$672

Home Price

$700,000

Loan Details

30 yrs
7.228%

Down Payment

20%
$140,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,811.83

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,811.83 $671.63 $0.00 $4,483.46
Yearly $45,742.01 $8,059.51 $0.00 $53,801.52
Total $1,372,260.39 $241,785.30 $0.00 $1,614,045.69

Today's Rates

30 Year

7.23%

20 Year

6.94%

15 Year

6.71%

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Market insight data is pulled from the same city as the listing being viewed (Dripping Springs, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MLS GRID as of the date listed below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Listings courtesy of Austin MLS as distributed by MLS GRID

IDX service by Blueroof 360

Data last updated: 2026-10-23T23:26:27.000Z

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