126 Crater Lake DR — photo 1
Price CutEstimated by HomeLocating
1 / 40
$474,234
4 beds2.5 baths2,202 sqft

126 Crater Lake DR, Dripping Springs TX 78620

Residential
Built in 2026
45,115 sqft Lot
$215/sqft
HOA $42 / monthly

MLS #245720862 · ERA Experts · Kent Zarbock

About this home

NEW CONSTRUCTION BY ASHTON WOODS! Available August 2026! This two-story home boasts a thoughtfully designed layout that enhances both functionality and comfort. Enjoy open, sunlit spaces throughout the McKinney, perfect for relaxed living and entertaining. Features include a charming breakfast nook, just steps away from the covered private patio, creating an ideal spot for enjoying meals outdoors. The downstairs primary suite offers a peaceful retreat, complete with a generous walk-in closet for added convenience and organization. This home is designed to blend both private and shared spaces for a harmonious living experience. Featuring our Luxe design collection, experience ethereal whites that evoke purity to vivid greens that infuse life.

Property details

Property type
Residential · SingleFamilyResidence
Status
Active
Year built
2026
Full baths
2
Half baths
1
Lot size
45 x 115
Subdivision
Cannon Ranch
MLS area
HD
MLS #
245720862

Features

Interior features

  • Breakfast Bar
  • Ceiling Fan(s)
  • High Ceilings
  • Double Vanity
  • Electric Dryer Hookup
  • Entrance Foyer
  • Kitchen Island
  • Open Floorplan
  • Primary Bedroom on Main
  • Recessed Lighting
  • Washer Hookup

Exterior features

  • Gutters Partial
  • Pest Tubes in Walls

Additional details

Parking
Attached, Garage, Garage Faces Front
Garage spaces
2
Roof
Composition
Foundation
Slab
HOA
$42 / monthly
Annual tax
$782

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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

Market insights

Compared with 373 active homes in ZIP 78620 · HomeLocating listings

Area median price
$699,000
This home vs. median
32% below
Homes with a price cut
37%

Estimated monthly payment

Our estimate — not a quote or MLS data. Adjust the assumptions below; actual costs vary by lender, credit, and exact tax/insurance.

$2,703/mo est.
Principal & interest ($379,387 loan, 30-yr)$2,398/mo
Property tax$65/mo
Homeowners insurance (est.)$198/mo
HOA dues$42/mo

Property tax uses this home's reported annual tax ($782/yr). Insurance is a rough estimate. Not a lending offer; contact a lender for exact figures.

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Listing courtesy of ERA Experts · Kent Zarbock

Listing data last updated Sep 8, 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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