261 Crater Lake DR, Dripping Springs, TX — photo 1
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Sale PendingUnder contract — not accepting offers

This home is under contract and no longer accepting offers. The price below is the last listed price, kept for reference only — if the deal falls through it may return to the market.

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Last listed price
$522,924
4 beds2.5 baths2,376 sqft

261 Crater Lake DR, Dripping Springs TX 78620

MLS #243786384 · ERA Experts · Kent Zarbock

Residential
Built in 2026
45,130 sqft Lot
$220/sqft
HOA $43 / monthly

About this home

NEW CONSTRUCTION BY ASHTON WOODS! Available August 2026! The Blake floor plan offers 4 bedrooms, 2.5 baths, a private study, and an upstairs game room with a layout designed for both comfort and functionality. The primary suite is conveniently located downstairs, providing a private retreat separate from the secondary bedrooms. Situated on a corner lot with a spacious backyard, this home offers plenty of room for entertaining, relaxing, and everyday living.

Property details

Property type
Residential · SingleFamilyResidence
Status
Active
Year built
2026
Full baths
2
Half baths
1
Lot size
45 x 130
Subdivision
Cannon Ranch
MLS area
HD
MLS #
243786384

Features

Interior features

  • Ceiling Fan(s)
  • High Ceilings
  • Double Vanity
  • Electric Dryer Hookup
  • Kitchen Island
  • 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
$43 / monthly
Annual tax
$782

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Schools

Assigned schools per the MLS.

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

See Dripping Springs ISD schools & boundaries →

Market insights

Compared with 449 active homes in ZIP 78620 · HomeLocating listings

Area median price
$699,000
This home vs. median
25% below
Homes with a price cut
41%

At $522,924, this home is priced 25% below the $699,000 median across 449 active homes in ZIP 78620, including other homes in Cannon Ranch.

Estimated monthly payment

$2,970/mo
Principal & interest$2,644/mo
Property taxes
Home insurance (est.)
HOA dues

Home price

$522,924

Down payment

20% ($104,585)

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 ERA Experts · Kent Zarbock

Listing data last updated Jul 20, 2026, 11:46 AM

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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