27306 RR 12, Dripping Springs, TX — photo 1
Fixer-UpperEstimated by HomeLocating
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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
$450,000
2 beds2 baths1,645 sqft

27306 RR 12, Dripping Springs TX 78620

MLS #235342902 · Coldwell Banker, G-M & Assoc. · Mary Ann Green

Residential
Built in 1980
1.37 Acres Lot
$274/sqft

About this home

This a great property for so many things. Located in the heart of Dripping Springs, TX! 1.37 acres within the city of Dripping Springs, last used as residential but is Zoned CS for buyer flexibility. See MLS 1005206. Sitting back off of the road for great privacy, yet still in town this 1624 SF per HCAD, 2 BR, 2 BA has a floorplan open from the dining room to the living area. The kitchen is roomy with lots of counter space. Outside is a large workshop area that includes a sink and laundry facilities. There is also a 2 car carport that could be a garage if doors were added, plus another storage building and a shed. This home has covered porches on 3 sides, a deck and a paved driveway. Buyer to confirm with City of Dripping Springs anything they need for their intended purposes. This is an estate and being sold as is.

Property details

Property type
Residential · SingleFamilyResidence
Status
Active
Year built
1980
Full baths
2
Lot size
1.37
Subdivision
ABS 415 P A Smith Survey
MLS area
HD
MLS #
235342902

Features

Interior features

  • Ceiling Fan(s)
  • Laminate Counters
  • In-Law Floorplan
  • Interior Steps
  • Primary Bedroom on Main

Exterior features

  • Exterior Steps

Additional details

Parking
Asphalt, Carport, Detached, Outside
Garage spaces
2
Roof
Metal
Foundation
Pillar/Post/Pier
Annual tax
$3,578

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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 →

Market insights

Compared with 449 active homes in ZIP 78620 · HomeLocating listings

Area median price
$699,000
This home vs. median
36% below
Homes with a price cut
41%

At $450,000, this home is priced 36% below the $699,000 median across 449 active homes in ZIP 78620.

Estimated monthly payment

$2,761/mo
Principal & interest$2,275/mo
Property taxes
Home insurance (est.)

Home price

$450,000

Down payment

20% ($90,000)

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.

Ask about renovation financing for this home

With a fixer-upper, you can often finance the home and the repairs together — loans like the FHA 203(k) and Fannie Mae HomeStyle roll the purchase price and the cost of the work into one mortgage. Whether this home qualifies and what it would take are confirmed with a lender. Tell us you're interested and we'll help you explore the options.

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Listing courtesy of Coldwell Banker, G-M & Assoc. · Mary Ann Green

Listing data last updated Aug 19, 2026, 5:46 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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