With a current tax appraised market value of $425,000, this property is listed notably below that value, presenting a compelling opportunity with a favorable tax rate. Build your dream home on this Lake Travis waterfront lot. This nearly one-acre, mostly flat property in Spicewood offers Hill Country and lake views, mature trees, and a peaceful setting while still being close to it all. Located in highly rated Lake Travis ISD with convenient access to Hwy 71, It’s All Good BBQ, Poodie’s Hilltop Roadhouse, 5 Soul Winery, and Frontyard Brewery, along with nearby parks and hiking trails. The property includes electricity, an existing well, and a septic system. A 960 sq ft one-story home with two bedrooms is currently on site and is best suited for renovation or redevelopment, offering flexibility for investors or those looking to build a custom home to maximize the views. A two or three-story home could capture even more expansive waterfront views, and the mostly flat terrain makes this an ideal building site. Lake levels have risen significantly since July, and the contour slab elevation is approximately 686. No HOA and a low tax rate add long-term value. Offered at $375,000 to make the lot builder ready, or $355,000 AS IS. A rare opportunity to create your Lake Travis lifestyle.
Active under contract
Price increase: $10K (3/26)
$365,000
2609 Oak Ridge Dr, Dripping Springs, TX 78669
2beds
960sqft
Est.:
Single Family Residence
Built in 1960
0.9 Acres Lot
$-- Zestimate®
$380/sqft
$-- HOA
What's special
Lake travis waterfront lotMature treesPeaceful setting
- 6 days |
- 601 |
- 27 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: March 27, 2026 at 12:29pm
Listed by:
Jeanie New (512) 344-6000,
AustinRealEstate.com (512) 344-6000
Source: Unlock MLS,MLS#: 3351440
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 2
Heating
- None
Cooling
- None
Appliances
- Included: None
Features
- None
- Flooring: Tile
- Windows: None
- Fireplace features: None
Interior area
- Total interior livable area: 960 sqft
Property
Parking
- Parking features: None
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Screened
- Exterior features: Exterior Steps
- Pool features: None
- Spa features: None
- Fencing: None
- Has view: Yes
- View description: Hill Country, Lake, Neighborhood, Trees/Woods, Water
- Has water view: Yes
- Water view: Lake,Water
- Waterfront features: Lake Front, Waterfront
- Body of water: Lake Travis
Lot
- Size: 0.9 Acres
- Dimensions: 92 x 479
- Features: Back Yard, Front Yard, Level, Native Plants, Trees-Large (Over 40 Ft), Views
Details
- Additional structures: Shed(s)
- Parcel number: 01439507020000
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Foundation: Slab
- Roof: Shingle
Condition
- See Remarks
- New construction: No
- Year built: 1960
Utilities & green energy
- Sewer: See Remarks, Septic Tank
- Water: See Remarks, Well
- Utilities for property: See Remarks, Electricity Available
Community & HOA
Community
- Features: None
- Subdivision: Big Bee Creek
HOA
- Has HOA: No
Location
- Region: Dripping Springs
Financial & listing details
- Price per square foot: $380/sqft
- Tax assessed value: $425,000
- Annual tax amount: $7,242
- Date on market: 3/25/2026
- Listing terms: Cash,Conventional,FHA,Lender Approval,VA Loan
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/27/2026 | Contingent | $365,000$380/sqft |
Source:  Unlock MLS #3351440 Report a problem | ||
| 3/26/2026 | Price change | $365,000+2.8%$380/sqft |
Source: Unlock MLS #3351440 Report a problem | ||
| 3/25/2026 | Listed for sale | $355,000$370/sqft |
Source: Unlock MLS #5611493 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $425,000 |
| 2024 | -- | $425,000 -7.6% |
| 2023 | -- | $460,000 -17.4% |
| 2022 | $7,188 | $556,731 +145.1% |
| 2021 | -- | $227,162 +24.2% |
| 2020 | $3,505 | $182,867 |
| 2019 | -- | $182,867 |
| 2018 | $2,816 | $182,867 +22.4% |
| 2017 | $2,816 -5.1% | $149,446 |
| 2016 | $2,967 | $149,446 -17% |
| 2015 | $2,967 | $180,046 |
| 2014 | $2,967 | $180,046 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,295/mo
Principal & interest
$1851
Property taxes
$444
More affordability tools
Climate risks
Neighborhood: 78669
Nearby schools
GreatSchools rating
- 7/10West Cypress Hills Elementary SchoolGrades: PK-5Distance: 3.3 mi
- 9/10Lake Travis Middle SchoolGrades: 6-8Distance: 2.3 mi
- 8/10Lake Travis High SchoolGrades: 9-12Distance: 5.1 mi
Schools provided by the listing agent
- Elementary: West Cypress Hills
- Middle: Lake Travis
- High: Lake Travis
- District: Lake Travis ISD
Source: Unlock MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 78669
- Texas
- Travis County
- Spicewood
- 78669
- 2609 Oak Ridge Dr
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