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Jeannette Spinelli

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

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315 Hays St , Dripping Springs, TX 78620
$850,000
Est. Payment: $4,355.46/mo
4 Bed
3 Bath
1933 Sqft
Status: active | Days on site: 14
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Jeannette Spinelli
Broker Associate & Founder

House Description

Located in the heart of downtown Dripping Springs, this beautifully crafted Tejas Heritage home offers a rare combination of timeless design, exceptional quality, and unbeatable walkability. Whether you're searching for a full-time residence, weekend getaway, or income-producing short-term rental, this property checks every box. Enjoy being just steps from Pig Pen BBQ, Rolling in Thyme & Dough, boutique shopping along Mercer Street, live music at Hudson's on Mercer, and only minutes from H-E-B, Home Depot, and all that Dripping Springs has to offer. Thoughtfully designed with aging-in-place principles, the home features ADA-friendly elements that provide comfort, accessibility, and long-term livability without sacrificing style. Built by the highly respected Tejas Heritage Homes, it showcases quality craftsmanship and thoughtful architectural details throughout. The inviting outdoor living spaces are perfect for entertaining, featuring covered front and back porches and a beautiful outdoor fireplace overlooking the private backyard. A detached upstairs apartment with its own private entrance, kitchenette, and full bathroom provides incredible flexibility for guests, multigenerational living, a home office, or additional rental income. Currently operating as a successful short-term rental, this property offers immediate investment potential while also presenting a unique opportunity for future commercial use. The property is currently working with the City of Dripping Springs toward potential commercial zoning, making it an excellent option for a boutique medical, dental, or professional office (buyer to independently verify zoning and permitted uses). Whether you're looking to invest, live, work, or enjoy the best of downtown Dripping Springs, opportunities like this are exceptionally rare. Main Home is 1657 square feet (3 BED I 2 Bath) and Garage Apartment is 576 square feet (1 Bed I 1 Bath)

Highlights

Listed by Heather Jones , (512) 694-8343 Magnolia Realty Austin Hill Co , (512) 771-4176. Austin MLS mls logo

Property Type

Residential

Lot/Acreage
0.3

Year Built

2008

County

Hays

Area

HD

Neighborhood

W T Chapman #3

School District

Dripping Springs ISD

Listing ID

2737840

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:3
  • Full Bathrooms:3
Appliances:Built-In Electric Range, Dryer, Microwave, Refrigerator, Washer
Floor:Concrete
Other:
  • Additional:Beamed Ceilings, Breakfast Bar, Open Beams/Beamed Ceailings, Open Floorplan, Pantry, Recessed Lighting
Water:Public

Exterior Features

Lot:City Lot,Sprinklers In Ground
Roof:Metal
Others:
  • Additional:Basketball Court, Private Entrance, Resale
Sewer:Public Sewer
Parking Features:Driveway,Garage

Open House

Upcoming Open Houses
Sunday 12:00 pm - 2:00 pm Aug 16
Principal Interest
$4,355
Taxes
$889

Home Price

$850,000

Loan Details

30 yrs
6.628%

Down Payment

20%
$170,000
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:
$4,355.46

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,355.46 $888.97 $0.00 $5,244.43
Yearly $52,265.56 $10,667.59 $0.00 $62,933.15
Total $1,567,966.86 $320,027.70 $0.00 $1,887,994.56

Today's Rates

30 Year

6.63%

20 Year

6.44%

15 Year

5.96%

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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.
The data relating to real estate on this website derive in part from the Internet Data Exchange program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Spinelli Residential Group | KW - Austin Portfolio Real Estate nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
Listings courtesy of Austin MLS as distributed by MLS GRID

IDX service by Blueroof 360

Data last updated: 2026-08-12T17:18:59.000Z

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