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  • Price cut: $4K (3/2)
    $685,000

    551 Gatlin Creek Rd, Dripping Springs, TX 78620

    3beds
    2,015sqft
    : 
    Single Family Residence
    Built in 2015
    2.22 Acres Lot
    $-- Zestimate®
    $340/sqft
    $-- HOA

    What's special

    Wood-burning fireplaceOpen floor planHigh ceilingsThree cross-fenced turnout areasSpray foam insulationCustom cabinetryNative grasses
    SELLER FINANCING AVAILABLE - HORSE OWNERS, HOBBY FARMERS OR FUTURE FFA TAKE NOTICE JUST MINUTES FROM DRIPPING SPRINGS AND WIMBERLEY - Incredible Hill Country Opportunity – No City Limits or ETJ! STR READY! This beautifully maintained custom-built 3BD/2BA home sits on 2.22 fully fenced acres. Perfectly suited for investors, horse lovers, or short-term rental potential, this property is very lightly restricted and loaded with upgrades. The house was a winter home, so it doesn't even feel lived in. Enjoy stunning sunsets from full-length covered porches with electric roll-up solar screens, or cozy up inside with a wood-burning fireplace, high ceilings, and an open floor plan. Built to last with 2x6 exterior walls, spray foam insulation, stone & cement board siding, and a standing seam metal roof. The property includes a 36' x 36' Morton Buildings horse barn with: 2 stalls Wash stall (hot & cold water) Large tack room & loft storage runs the entire length of the barn and above the tack room. 12’ wide covered bump-outs for covered horse turnouts and the other side is perfect for trailer storage. A detached 12’ x 12’ horse stall with electricity. Three cross-fenced turnout areas, native grasses, and plenty of usable land make this an ideal setup for horses or ag/lifestyle uses. The barn can be easily converted if horses aren't your passion. Other features: stained concrete floors, custom cabinetry, oversized 2-car carport, no HOA, and close proximity to wineries, distilleries, and wedding venues. Don’t miss this unique and versatile Hill Country gem!
    79 days
    |
    2,720
    |
    133
    |

    Likely to sell faster than

    Zillow last checked: 7 hours ago

    Listing updated: March 20, 2026 at 08:33am

    Listed by:

    Matthew Hoyt (512) 829-3580,

    Res and Ranch LLC (512) 829-3580

    Source: Unlock MLS,MLS#: 3223146MLS Logo

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      • Main level bedrooms: 3
      Heating
      • Ceiling, Electric
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Dishwasher, Disposal, Electric Range, Refrigerator, Electric Water Heater
      Features
      • Built-in Features, Ceiling Fan(s), High Ceilings, Chandelier, Granite Counters, Double Vanity, Electric Dryer Hookup, Open Floorplan, Pantry, Primary Bedroom on Main, Recessed Lighting, Smart Thermostat, Soaking Tub, Walk-In Closet(s), Washer Hookup
      • Flooring: Concrete
      • Windows: Blinds, Low Emissivity Windows, Vinyl Windows
      • Number of fireplaces: 1
      • Fireplace features: Living Room, Raised Hearth, Stone
      Interior area
      • Total interior livable area: 2,015 sqft

      Property

      Parking
      • Total spaces: 3
      • Parking features: Attached Carport, See Remarks
      • Attached garage spaces: 3
      Accessibility
      • Accessibility features: None
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Front Porch, Porch, Rear Porch
      • Exterior features: Exterior Steps, Lighting, See Remarks
      • Pool features: None
      • Fencing: Full, Livestock, Wire
      • Has view: Yes
      • View description: Hill Country, Panoramic, Pasture, Trees/Woods
      • Waterfront features: None
      Lot
      • Size: 2.22 Acres
      • Features: Back Yard, Farm, Few Trees, Irregular Lot, Public Maintained Road, Trees-Medium (20 Ft - 40 Ft)
      Details
      • Additional structures: Barn(s)
      • Parcel number: 1174970000001B04
      • Special conditions: Standard
      • Horses can be raised: Yes

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Foundation: Slab
      • Roof: Metal
      Condition
      • Resale
      • New construction: No
      • Year built: 2015
      Details
      • Builder name: Vick Pope Custom Homes

      Utilities & green energy

      • Sewer: Private Sewer
      • Water: Well
      • Utilities for property: Electricity Connected, Natural Gas Not Available, Phone Available, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Features: None
      • Subdivision: Sandahl Sub
      HOA
      • Has HOA: No
      Location
      • Region: Dripping Springs

      Financial & listing details

      • Price per square foot: $340/sqft
      • Tax assessed value: $724,460
      • Annual tax amount: $4,181
      • Date on market: 1/1/2026
      • Listing terms: Cash,Conventional,FHA,Owner May Carry,VA Loan
      • Electric utility on property: Yes
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        Price history
        DateEventPrice
        3/2/2026Price change$685,000-0.6%$340/sqft
        Source: Unlock MLS #3223146 Report a problem
        2/15/2026Price change$689,000-0.9%$342/sqft
        Source: Unlock MLS #3223146 Report a problem
        1/8/2026Price change$695,000-0.4%$345/sqft
        Source: Unlock MLS #3223146 Report a problem
        1/1/2026Listed for sale$698,000-0.1%$346/sqft
        Source: Unlock MLS #3223146 Report a problem
        1/1/2026Listing removed$699,000$347/sqft
        Source: Unlock MLS #7872914 Report a problem
        12/10/2025Price change$699,000-0.1%$347/sqft
        Source: Unlock MLS #7872914 Report a problem
        11/26/2025Price change$699,900-5.3%$347/sqft
        Source: Unlock MLS #7872914 Report a problem
        10/8/2025Price change$739,000-1.3%$367/sqft
        Source: Unlock MLS #7872914 Report a problem
        8/29/2025Price change$749,000-1.3%$372/sqft
        Source: Unlock MLS #7872914 Report a problem
        7/30/2025Price change$759,000-1.3%$377/sqft
        Source: Unlock MLS #7872914 Report a problem
        7/1/2025Price change$769,000-0.8%$382/sqft
        Source: Unlock MLS #7872914 Report a problem
        6/16/2025Price change$775,000-2.5%$385/sqft
        Source: Unlock MLS #7872914 Report a problem
        5/27/2025Price change$795,000-0.5%$395/sqft
        Source: Unlock MLS #7872914 Report a problem
        4/23/2025Price change$799,000-3.2%$397/sqft
        Source: Unlock MLS #7872914 Report a problem
        3/11/2025Listed for sale$825,000-4%$409/sqft
        Source: Unlock MLS #7872914 Report a problem
        8/13/2024Listing removed$859,000-0.6%$426/sqft
        Source: Unlock MLS #2638955 Report a problem
        8/6/2024Price change$864,000-0.6%$429/sqft
        Source: Unlock MLS #2638955 Report a problem
        7/18/2024Price change$869,000-0.7%$431/sqft
        Source: Unlock MLS #2638955 Report a problem
        4/22/2024Price change$875,000-2.7%$434/sqft
        Source: Unlock MLS #2638955 Report a problem
        3/14/2024Price change$899,000-3.2%$446/sqft
        Source: Unlock MLS #2638955 Report a problem
        2/28/2024Price change$929,000-1.7%$461/sqft
        Source: Unlock MLS #2638955 Report a problem
        2/19/2024Price change$945,000-0.4%$469/sqft
        Source: Unlock MLS #2638955 Report a problem
        12/31/2023Price change$949,000-0.6%$471/sqft
        Source: Unlock MLS #2638955 Report a problem
        12/1/2023Price change$955,000-0.4%$474/sqft
        Source: Unlock MLS #2638955 Report a problem
        11/2/2023Listed for sale$959,000$476/sqft
        Source: Unlock MLS #2638955 Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025-- $724,460 +18%
        2024$4,074 +3.8%$613,897 +10%
        2023$3,924 -37.4%$558,088 +10%
        2022$6,268 -0.3%$507,353
        2021$6,286 +0.2%--
        2020$6,274 +0.4%$419,300 +9.1%
        2019$6,248 +1%$384,370 +9.7%
        2018$6,183 +0.1%$350,520 +1.7%
        2017$6,177 -2%$344,600 +14.2%
        2016$6,306 $301,770

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $4,328/mo
        Principal & interest
        $3386
        Property taxes
        $942
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          Climate risks

          Neighborhood: 78620

          Getting around

          2 / 100
          Car-Dependent
          16 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Walnut Springs
          • Middle: Dripping Springs Middle
          • High: Dripping Springs
          • District: Dripping Springs ISD

          Source: Unlock MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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