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$850,000

315 Hays ST, Dripping Springs TX 78620

4 bd·3 ba·1,933 sqft·$440/sqft

MLS #245246236 · Magnolia Realty Austin Hill Co · Heather Jones

Market insights

Compared with 294 active homes in ZIP 78620 · HomeLocating listings

Area median price
$712,000
This home vs. median
19% above
Homes with a price cut
19%

Property details

Property type
Residential · SingleFamilyResidence
Status
Active
Year built
2008
Full baths
3
Lot size
0.3
Subdivision
W T Chapman #3
MLS area
HD
MLS #
245246236

Features

Interior features

  • Breakfast Bar
  • Beamed Ceilings
  • Open Floorplan
  • Pantry
  • Recessed Lighting

Exterior features

  • Basketball Court
  • Private Entrance

Additional details

Parking
Driveway, Garage
Garage spaces
2
Roof
Metal
Foundation
Slab
Annual tax
$10,667

Schools

Assigned schools per the MLS.

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

About this home

Located in the heart of downtown Dripping Springs, this beautifully crafted Tejas Heritage home offers a rare combination of timeless design, exceptional quality, and unbeatable walkability. Whether you're searching for a full-time residence, weekend getaway, or income-producing short-term rental, this property checks every box. Enjoy being just steps from Pig Pen BBQ, Rolling in Thyme & Dough, boutique shopping along Mercer Street, live music at Hudson's on Mercer, and only minutes from H-E-B, Home Depot, and all that Dripping Springs has to offer. Thoughtfully designed with aging-in-place principles, the home features ADA-friendly elements that provide comfort, accessibility, and long-term livability without sacrificing style. Built by the highly respected Tejas Heritage Homes, it showcases quality craftsmanship and thoughtful architectural details throughout. The inviting outdoor living spaces are perfect for entertaining, featuring covered front and back porches and a beautiful outdoor fireplace overlooking the private backyard. A detached upstairs apartment with its own private entrance, kitchenette, and full bathroom provides incredible flexibility for guests, multigenerational living, a home office, or additional rental income. Currently operating as a successful short-term rental, this property offers immediate investment potential while also presenting a unique opportunity for future commercial use. The property is currently working with the City of Dripping Springs toward potential commercial zoning, making it an excellent option for a boutique medical, dental, or professional office (buyer to independently verify zoning and permitted uses). Whether you're looking to invest, live, work, or enjoy the best of downtown Dripping Springs, opportunities like this are exceptionally rare. Main Home is 1657 square feet (3 BED I 2 Bath) and Garage Apartment is 576 square feet (1 Bed I 1 Bath)

Location

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Listing courtesy of Magnolia Realty Austin Hill Co · Heather Jones

Listing data last updated Aug 1, 2026, 11:46 AM

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