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.
509 Crosswater LN, Dripping Springs TX 78620
MLS #246993716 · Magnolia Realty Austin Hill Co · Susan LaBelle
About this home
Exceptional living in Caliterra! This 4,681 SF, 5-bedroom, 5.5-bath Drees Custom home sits on a premium, quiet street backing to the greenbelt giving you the perfect Texas Hill Country views. Turnkey and meticulously maintained, the home offers over $300K+ in thoughtful upgrades, abundant natural light & an exceptional floor plan. The kitchen, dining and living spaces flow together around a white limestone gas fireplace under beamed ceilings. A pocket sliding glass door opens to the covered back porch and tile and hardwood flooring are throughout with no carpet. The main level features both the spacious primary suite, a secondary guest suite and a home office. Upstairs are 3 additional bedrooms, each with their own full bathroom, plus a game room, media room, kitchenette & covered balcony. Making this home ideal for family, guests, multigenerational living or dedicated work and entertainment spaces. The chef’s kitchen features an oversized island, double ovens and a built-in KitchenAid 42" French door refrigerator. The walk-in pantry adds extensive storage, wine storage with beverage coolers. The oversized laundry room offers a sink, generous cabinetry and counter space. The list of upgrades include plantation shutters, motorized shades, epoxy garage floors, 3-car tandem garage, Tesla charger, 26kW Generac whole-home generator, water softener & filtration, smart-home security/AV with Sonos, extensive electrical upgrades and a dedicated 70-amp connection for a future pool. The North/South-facing lot features turnkey xeriscape landscaping, underground irrigation and a fully fenced backyard. Enjoy Caliterra amenities including the neighborhood pool, dog park, coffee shop, Onion Creek access and hiking & biking trails, with H-E-B and Home Depot minutes away. And beyond the backyard, the ranch setting brings the best of the Hill Country home with peaceful views, deer wandering through and cows grazing nearby. Convenient to Austin and zoned to Dripping Springs Schools.
Property details
- Property type
- Residential · SingleFamilyResidence
- Status
- Active
- Year built
- 2022
- Full baths
- 5
- Half baths
- 1
- Lot size
- 0.276
- Subdivision
- Caliterra Ph Two Sec Eight
- MLS area
- HD
- MLS #
- 246993716
Features
Interior features
- Bidet
- Built-in Features
- Ceiling Fan(s)
- Beamed Ceilings
- High Ceilings
- Quartz Counters
- Eat-in Kitchen
- Entrance Foyer
- In-Law Floorplan
- Kitchen Island
- Multiple Living Areas
- Open Floorplan
- Pantry
- Primary Bedroom on Main
- Recessed Lighting
- Soaking Tub
- Sound System
- Storage
- Study/Home Office
- Walk-In Closet(s)
- Wet Bar
- Wired for Sound
Exterior features
- Balcony
- Gutters Full
- Private Yard
Additional details
- Parking
- Attached, Electric Vehicle Charging Station(s), Garage Door Opener, Garage Faces Front, Storage, Tandem
- Garage spaces
- 3
- Roof
- Asphalt, Shingle
- Foundation
- Slab
- HOA
- $1,500 / annually
- Annual tax
- $22,840
Location
View Street ViewLoading map…
Schools
Assigned schools per the MLS.
- School district
- Dripping Springs ISD
- Elementary
- Walnut Springs
- Middle
- Dripping Springs Middle
- High
- Dripping Springs
Comparable homes near 509 Crosswater LN
Similar homes currently for sale nearby, ranked by distance.
Getting around
- Downtown Austin
- 22.2 mi
- Austin-Bergstrom Airport
- 25.8 mi
Straight-line distance, not drive time.
Market insights
Compared with 449 active homes in ZIP 78620 · HomeLocating listings
At $997,000, this home is priced 43% above the $699,000 median across 449 active homes in ZIP 78620, including other homes in Caliterra.
Estimated monthly payment
Home price
$997,000
Down payment
20% ($199,400)
Loan details
30-yr fixed, 6.50%
Free & no obligation — we'll connect you with a trusted lender.
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.
Interested in this home?
Ask a question or schedule a tour — we’ll follow up within 24 hours.
Listing courtesy of Magnolia Realty Austin Hill Co · Susan LaBelle
Listing data last updated Sep 27, 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.