Dripping Springs Homes under $500,000

Dripping Springs Homes under $500,000

Welcome to Dripping Springs, Texas—a captivating blend of small-town charm and stunning natural beauty! Nestled in the picturesque Texas Hill Country, this vibrant community is renowned for its breathtaking landscapes, friendly atmosphere, and a wealth of outdoor activities. Just a short drive from the bustling city of Austin, Dripping Springs offers the perfect escape while keeping you connected to urban conveniences.

Home to some of the best wineries, breweries, and distilleries in the region, Dripping Springs is a haven for those who appreciate fine local flavors. The city is also known for its excellent schools, making it an ideal place for families to settle down. With an array of parks and recreational areas, including the beautiful Hamilton Pool Preserve, residents can enjoy hiking, swimming, and picnicking amidst nature's splendor.

What’s more, Dripping Springs offers an enticing real estate market with homes available for under $500,000. Whether you’re a first-time homebuyer, a growing family, or looking to downsize, you’ll find a variety of options that suit your needs and budget. From charming single-family homes to modern townhouses, the housing market here is diverse, ensuring that you can find the perfect place to call home.

If you’re seeking a community that combines the tranquility of country living with the excitement of nearby urban life, Dripping Springs is the place for you. Discover your dream home in this enchanting city today, and experience all that Texas Hill Country has to offer!

Newest Dripping Springs Homes under $500,000

17304 Deer Creek Skyview, Dripping Springs
$359,000
3 Beds ⋅ 2 Baths ⋅ 8264327 MLS ⋅ 78620 Zip Code
Single-story stone home on a 0.22-acre lot in Valley Lake Hills, zoned to Lake Travis ISD. This 3-bedroom, 2-bath home offers tile floors through the main living areas, high ceilings and a fireplace in the living room. The kitchen has granite counters, wood cabinetry, stainless appliances and a breakfast bar that opens to the living and dining areas. The primary suite includes a double vanity and a walk-in closet. Garage converted into a flex space with built-in cabinets for a hobby room, office or workshop. This includes some storage but could easily be converted back to a garage. Outside, the large fenced backyard is shaded by gorgeous mature live oaks and includes a back patio and stone-bordered beds. Super low tax rate, Lake Travis ISD and a quiet little community make this a great spot. Convenient to Hamilton Pool Rd, Hwy 71, Bee Cave shopping and dining, and Hill Country Galleria.

17304 Deer Creek Skyview, Dripping Springs
349 Barn Hill Loop, Dripping Springs
$479,000
3 Beds ⋅ 2 Baths ⋅ 5729303 MLS ⋅ 78620 Zip Code
Set on a premium lot backing to the greenbelt, this single-story Caliterra home pairs a manageable footprint with peaceful views of nature and west-facing sunsets. Inside, the open-concept layout is designed for easy everyday living. The kitchen features quartz countertops, a bold herringbone tile backsplash, pendant lighting, a generous island, and opens directly to the living and dining areas, making the heart of the home feel connected and comfortable. The primary suite is tucked away in the back of the home, creating a quiet retreat at the end of the day. Two additional bedrooms, one additional bathroom, and the laundry room round out the interior square footage. Outside, a covered patio takes full advantage of the setting, with ceiling fans and a gas line hookup ready for the grill. With no immediate neighbor behind, the greenbelt provides a natural backdrop and a little extra breathing room. The extended garage adds even more functionality, with additional space and a 240V 40A EV charging receptacle already in place. Caliterra offers some of the best amenities in Dripping Springs, including a resort-style pool, playgrounds, miles of trails, 250 acres of preserved green space, and Sonder Coffee Lounge. If you have been looking for an opportunity to get your foot in the door in Caliterra at a price point we don't often see in the community, this is it.

349 Barn Hill Loop, Dripping Springs
220 Sue Peaks Loop, Dripping Springs
$420,990
4 Beds ⋅ 2 Baths ⋅ 7653123 MLS ⋅ 78620 Zip Code
Brand new, energy-efficient home available by Oct 2026! Stock up on everyone's favorites with plenty of room in the walk-in pantry. The open-concept layout and covered outdoor living space are great for entertaining. A fourth bedroom is perfect for guests and larger families. Starting from the low $400s, The Reserve Collection in Big Sky Ranch is located in the heart of Dripping Springs and offers seven single and two-story traditional floorplans ranging from 1,477 to 2,812 sq. ft. Look forward to 48 acres of parkland, a 3.1-acre amenity center with a pool, splash pad and playground, plus trails with connectivity to the adjacent Founders Memorial Park. Kids will love the award-winning Dripping Spring ISD. Each of our homes is built with innovative, energy-efficient features designed to help you enjoy more savings, better health, real comfort and peace of mind.

220 Sue Peaks Loop, Dripping Springs
467 Bishop Wood Rd, Dripping Springs
$404,990
4 Beds ⋅ 3 Baths ⋅ 5330709 MLS ⋅ 78620 Zip Code
The Catarina is a versatile two-story home that combines open-concept living with flexible spaces designed to grow with your needs. The welcoming foyer opens into a bright, open layout where the kitchen, dining room, and family room connect seamlessly—ideal for everyday living and entertaining. The kitchen features a spacious island and ample counter space, while a nearby powder room adds convenience. An attached 2-car garage offers easy access to the home. For added flexibility, the first floor includes an extra bedroom with a full bathroom, making it perfect space for working from home or a guest room. Outdoor living is enhanced with a covered patio. Upstairs, the owner's suite serves as a private retreat with a spacious bedroom, walk-in closet, and a stand up shower, and a beautiful soaking tub in the primary bathroom.

467 Bishop Wood Rd, Dripping Springs
111 Olympia Bnd, Dripping Springs
$392,005
4 Beds ⋅ 3 Baths ⋅ 2252078 MLS ⋅ 78620 Zip Code
What's Special: Covered Patio | Corner Lot | Oversized Lot. New Construction – December Completion! Built by Taylor Morrison, America's Most Trusted Home Builder. Welcome to the Osprey at 111 Olympia Bend in Village Grove! Welcome home to a beautifully designed two-story floorplan filled with natural light and thoughtful living spaces. The main level features an open great room that flows into the dining area and kitchen, where a center island with pendant lighting and stainless-steel appliances create a warm gathering place. Just beyond, a covered patio offers the perfect setting for outdoor relaxation. A first-floor bedroom and full bath provide flexibility for guests, multi-generational living, or a home office. Upstairs, the private primary suite includes a spacious bath and walk-in closet, while two secondary bedrooms, a full bath, laundry room, tech space, and generous game room offer room to spread out. Whole-house blinds and a Wi-Fi-enabled garage door opener add everyday comfort and convenience. Welcome to the laid-back charm of Village Grove in Dripping Springs, TX, ranked among the top small towns in Central Texas and just 25 miles from Downtown Austin! Living here puts you steps away from the City's Sports and Recreation Park, where you can hit the trails, shoot some hoops, and have a picnic. With low maintenance yards, this community is a place to plant roots and grow into a home of your own. Additional Highlights Include: Pre-plumb for future water softener at garage, trash pull out, and full gutters. Photos are for representative purposes only.

111 Olympia Bnd, Dripping Springs
592 Darley Oak Drive, Dripping Springs
$438,174
3 Beds ⋅ 3 Baths ⋅ 9422153 MLS ⋅ 78620 Zip Code
While the primary suite lives like a private oasis on the main level, two secondary bedrooms and a loft are upstairs. This cozy two-story was designed to make a huge impact. From the vaulted space and modern staircase in the foyer, the layout feels bright, spacious and welcoming. A state-of-the-art kitchen features an oversized island and walk-in pantry. The covered patio makes the backyard a natural extension of your living space.

592 Darley Oak Drive, Dripping Springs
159 Mount Locke Rd, Dripping Springs
$410,000
3 Beds ⋅ 2 Baths ⋅ 5906325 MLS ⋅ 78620 Zip Code
Welcome to 159 Mount Locke! Where the ease of a newer home meets the laid-back pace of Dripping Springs. Built by Meritage Homes in 2020 and tucked into Big Sky Ranch, this home offers a thoughtful layout designed for everyday living. Inside, the home feels fresh, open, and easy to settle into, with bright living spaces that flow naturally from one room to the next. The kitchen anchors the main living area, making it just as practical for a quiet night at home as it is for gathering with friends. The primary suite offers a comfortable retreat at the end of the day, while two additional bedrooms give you flexibility for guests, an office, hobbies, or whatever life looks like next. There is even an additional flex space for an office! Then there is the neighborhood itself! Big Sky Ranch was designed around the idea that home can extend beyond your front door, with 48 acres of parkland, greenbelt space, walking trails, a community pool, splash pad, playground and play lawn. Trails connect the community to nearby Founders Memorial Park, giving you an easy reason to get outside without getting in the car. And this is Dripping Springs, so weekends can look a little different here! Spend the morning exploring the Hill Country & Pedernales River, meet friends for drinks at endless breweries, or catch up on shopping at nearby HEB! Back at home, there is something especially appealing about coming back to a neighborhood that gives you the space and amenities of a master-planned community while still feeling connected to the Hill Country. Add in the convenience of Dripping Springs ISD and a location in the heart of Dripping Springs, and 159 Mount Locke offers an easy transition into the lifestyle so many people are looking for! If you have been dreaming about having a little more breathing room, more time outside, and a home base that makes it easy to enjoy everything life has to offer, this is a place to start!

159 Mount Locke Rd, Dripping Springs
336 Darley Oak Dr, Dripping Springs
$435,000
3 Beds ⋅ 2 Baths ⋅ 8508415 MLS ⋅ 78620 Zip Code
Welcome to 336 Darley Oak—a nearly new, beautifully maintained home with more than $20,000 in upgrades. This 1,739-square-foot, single-story home offers 3 bedrooms, 2 bathrooms, an open kitchen and living area centered around a fireplace, with luxury vinyl plank flooring throughout. The primary suite features an oversized bay window and deluxe bath. What really sets this home apart are the upgrades added after construction, including a custom primary closet, built-in mudroom, and oversized Trex deck with plenty of space for entertaining, relaxing under the stars, or enjoying the backyard. Additional touches include under-cabinet kitchen lighting, dimmer switches throughout the main living areas, and ceiling fans in every bedroom and on the patio. Located in Heritage, the home is a short walk from multiple pocket parks, the neighborhood pool, pickleball courts, and a nature walking path, with H-E-B, Mercer Street, and everything Dripping Springs has to offer just minutes away.

336 Darley Oak Dr, Dripping Springs
112 Senna Dr, Dripping Springs
$495,000
3 Beds ⋅ 3 Baths ⋅ 7205962 MLS ⋅ 78620 Zip Code
Discover this exquisite single-story home in Dripping Springs, featuring 3 bedrooms, 2.5 bathrooms, and a 3 car garage. Set on a spacious corner lot that backs onto a tranquil greenbelt, this property is located in the sought-after Founders Ridge community. The kitchen is a culinary delight with its central prep island, granite countertops, stainless steel appliances, and four-burner gas cooktop. Meals can be enjoyed at the bar-height seating or in the dining area. Entertain in the inviting living room with a cozy gas fireplace and stone surround. The luxurious primary suite offers vaulted ceilings, a bay window seating area, and a primary bath with dual vanities, a glass-enclosed shower, and a jetted spa tub. Two additional bedrooms share a well-appointed full bath. A dedicated home office is accessible through French doors, offering an ideal space for hobbies. Outside, the covered patio overlooks the expansive backyard and serene greenbelt. Founders Ridge offers residents various amenities, including a playground, a pavilion, and access to walking trails. Located just minutes from shopping and dining, including Mercer Street and HEB, and served by the acclaimed Dripping Springs Independent School District, this home offers both convenience and comfort.

112 Senna Dr, Dripping Springs
240 Bishop Wood Rd, Dripping Springs
$449,990
3 Beds ⋅ 3 Baths ⋅ 1409029 MLS ⋅ 78620 Zip Code
This home offers 1,868 sq. ft. of thoughtfully designed living space featuring 3 bedrooms, 2.5 bathrooms, a game room, and a spacious two-story layout. The impressive living area showcases 20-foot ceilings, creating an open and airy feel that flows seamlessly into the open-concept kitchen, dining, and family room. The kitchen is beautifully appointed with quartz countertops, while light, natural wood-look luxury vinyl plank flooring extends throughout the main living areas for a warm, modern touch. The bright and inviting owner's bath features elegant tile flooring and stylish finishes. Additional upgrades include stainless steel appliances, window blinds, keyless garage door entry, 8-foot interior doors, upgraded baseboards, rocker light switches, and cabinet hardware throughout. Enjoy outdoor living on the large covered back patio, making this home perfect for entertaining or relaxing. With premium upgrades, spacious living areas, and designer finishes throughout, this home offers both comfort and style in every detail.

240 Bishop Wood Rd, Dripping Springs
459 Bishop Wood Rd, Dripping Springs
$399,990
4 Beds ⋅ 3 Baths ⋅ 6616184 MLS ⋅ 78620 Zip Code
The Abernathy is a well-balanced two-story home designed for modern living, offering open gathering spaces, private retreats, and thoughtful flexibility throughout. A welcoming foyer leads into an open-concept layout where the family room, dining area, and kitchen flow together effortlessly—ideal for everyday living and entertaining. The kitchen features a spacious island and ample counter space, while a private study offers a quiet place to work or unwind. A conveniently located powder room and an attached 2-car garage complete the main level. Enjoy outdoor living with a covered patio, with the option to upgrade to an extended covered patio for even more space to relax or host guests. Upstairs, the owner’s suite provides a comfortable retreat with a walk-in closet and private bath. Enhance the space with a Deluxe Owners Bath with an awesome stand up shower and a separate garden tub. Three additional bedrooms, a shared full bath, and a centrally located laundry room offer everyday functionality, while a versatile loft creates space for a second living area, media room, or play space. The Abernathy combines smart design and flexible spaces to create a home that adapts easily to your lifestyle.

459 Bishop Wood Rd, Dripping Springs
507 Bishop Wood Rd, Dripping Springs
$349,990
3 Beds ⋅ 1774347 MLS ⋅ 78620 Zip Code
Step into the Oakwood, a beautifully crafted single-story home that combines convenience and style in 1,444 sq. ft. of living space. With 3 bedrooms, 2 baths, and a 2-car garage, this plan is perfect for those who love the ease of one-level living. The open-concept layout begins with a welcoming Family Room (13'-0" x 16'-0") that flows into the Dining Room (11'-0" x 8'-0"), creating an inviting space for family meals or entertaining guests. At the heart of the home, the Kitchen features a central island and plenty of counter space for cooking and casual dining. A convenient Laundry Room is located near the garage entry for everyday functionality. The Owner’s Suite (16'-0" x 12'-0") offers a private retreat with a spacious walk-in closet and a luxurious bath featuring optional dual sinks, a spacious shower and a separate garden tub to relax in. Two additional bedrooms—Bedroom 2 (10'-0" x 10'-0") and Bedroom 3 (10'-0" x 10'-0")—share a full bath, making them ideal for family, guests, or a home office.

507 Bishop Wood Rd, Dripping Springs
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