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!
Active
Price cut: $4K (3/2)
$685,000
551 Gatlin Creek Rd, Dripping Springs, TX 78620
3beds
2,015sqft
Est.:
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
- 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#: 3223146
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
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/2/2026 | Price change | $685,000-0.6%$340/sqft |
Source: | ||
| 2/15/2026 | Price change | $689,000-0.9%$342/sqft |
Source: | ||
| 1/8/2026 | Price change | $695,000-0.4%$345/sqft |
Source: | ||
| 1/1/2026 | Listed for sale | $698,000-0.1%$346/sqft |
Source: | ||
| 1/1/2026 | Listing removed | $699,000$347/sqft |
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| 12/10/2025 | Price change | $699,000-0.1%$347/sqft |
Source: | ||
| 11/26/2025 | Price change | $699,900-5.3%$347/sqft |
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| 10/8/2025 | Price change | $739,000-1.3%$367/sqft |
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| 8/29/2025 | Price change | $749,000-1.3%$372/sqft |
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| 7/30/2025 | Price change | $759,000-1.3%$377/sqft |
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| 7/1/2025 | Price change | $769,000-0.8%$382/sqft |
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| 6/16/2025 | Price change | $775,000-2.5%$385/sqft |
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| 5/27/2025 | Price change | $795,000-0.5%$395/sqft |
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| 4/23/2025 | Price change | $799,000-3.2%$397/sqft |
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| 3/11/2025 | Listed for sale | $825,000-4%$409/sqft |
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| 8/13/2024 | Listing removed | $859,000-0.6%$426/sqft |
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| 8/6/2024 | Price change | $864,000-0.6%$429/sqft |
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| 7/18/2024 | Price change | $869,000-0.7%$431/sqft |
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| 4/22/2024 | Price change | $875,000-2.7%$434/sqft |
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| 3/14/2024 | Price change | $899,000-3.2%$446/sqft |
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| 2/28/2024 | Price change | $929,000-1.7%$461/sqft |
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| 2/19/2024 | Price change | $945,000-0.4%$469/sqft |
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| 12/31/2023 | Price change | $949,000-0.6%$471/sqft |
Source: | ||
| 12/1/2023 | Price change | $955,000-0.4%$474/sqft |
Source: | ||
| 11/2/2023 | Listed for sale | $959,000$476/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax 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
More affordability tools
Climate risks
Neighborhood: 78620
Nearby schools
GreatSchools rating
- 9/10Walnut Springs Elementary SchoolGrades: PK-5Distance: 5.6 mi
- 8/10Dripping Springs Middle SchoolGrades: 6-8Distance: 5.7 mi
- 7/10Dripping Springs High SchoolGrades: 9-12Distance: 5.3 mi
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.
Local experts in 78620
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- 551 Gatlin Creek Rd
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