121 Spring CV, Dripping Springs, TX — photo 1
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$700,000
1 beds1 baths

121 Spring CV, Dripping Springs TX 78620

MLS #247136601 · Coffman Real Estate · Jeff Coffman

Residential
8.62 Acres Lot

About this home

Discover the perfect blend of functionality, privacy, and Hill Country beauty on this exceptional 8.61-acre property at the end of a quiet cul-de-sac. Offering panoramic views, a cleared and established homesite, and valuable infrastructure already in place, this property is ideal for a future custom home, weekend retreat, homestead, or live/work setup in the Texas Hill Country. The property features a 2,400 square foot spray foam insulated barndominium/shop designed for versatility and comfort. Inside, you’ll find two built-in bedrooms, one full bath, loft storage space, and two split-unit HVAC systems providing efficient heating and cooling year-round. The building is perfectly suited for use as a workshop, temporary residence while building, equipment storage, or future guest quarters. The loft area offers additional storage and could easily be finished out for expanded living space. Designed with long-term functionality in mind, the property includes a permitted septic system already engineered for an additional future home (to be built), a 350-foot well, and an impressive 29,000-gallon rainwater collection system complete with water purification and UV filtration. The combination of well water and rainwater storage provides outstanding utility and self-sufficiency potential. The land has already been thoughtfully cleared to showcase the property’s breathtaking Hill Country views while preserving the natural beauty and privacy of the surrounding landscape. An agricultural exemption has recently been approved, with active bee keeping in place through Keepers Harvest, creating an excellent opportunity for reduced property taxes. Whether you’re looking for a turnkey property, future homesite, recreational retreat, or private Hill Country escape, this rare acreage tract offers flexibility, infrastructure, and incredible potential in a peaceful cul-de-sac setting.

Property details

Property type
Residential
Status
Active
Full baths
1
Lot size
8.618
Subdivision
Longview II
MLS area
HD
MLS #
247136601

Additional details

Parking
Additional Parking, Door-Multi
Garage spaces
2
Annual tax
$8,059

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Schools

Assigned schools per the MLS.

School district
Dripping Springs ISD
Elementary
Dripping Springs
Middle
Dripping Springs Middle
High
Dripping Springs

See Dripping Springs ISD schools & boundaries →

Getting around

Downtown Austin
27.4 mi
Austin-Bergstrom Airport
32.2 mi

Straight-line distance, not drive time.

Market insights

Compared with 447 active homes in ZIP 78620 · HomeLocating listings

Area median price
$695,000
This home vs. median
1% above
Homes with a price cut
40%

At $700,000, this home is priced 1% above the $695,000 median across 447 active homes in ZIP 78620.

Estimated monthly payment

$4,504/mo
Principal & interest$3,540/mo
Property taxes
Home insurance (est.)

Home price

$700,000

Down payment

20% ($140,000)

Loan details

30-yr fixed, 6.50%

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Estimate only, not a lending offer or MLS data. Taxes, insurance, and HOA figures are estimated (see ⓘ above for detail); contact a lender to confirm your exact rate and payment.

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Listing courtesy of Coffman Real Estate · Jeff Coffman

Listing data last updated Oct 2, 2026, 11:46 PM

Information is deemed reliable but not guaranteed and should be independently verified. Listing information is provided for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2026 HomeLocating.com.

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