Last List Price
88,862 Lot Size2.04 Acres
427 Creek Rd, Dripping Springs, TX 78620

Description

Located in the heart of Dripping Springs, this 2+ acre property offers a truly unique opportunity to own a tract in the middle of town—something that is becoming increasingly hard to find. Tucked along one of the most desirable and convenient streets in the city, this property blends privacy, flexibility, and in-town living. Currently zoned SF-4, the site allows for a personal residence today, making it ideal for those looking to build a custom home while enjoying the benefits of living inside Dripping...Located in the heart of Dripping Springs, this 2+ acre property offers a truly unique opportunity to own a tract in the middle of town—something that is becoming increasingly hard to find. Tucked along one of the most desirable and convenient streets in the city, this property blends privacy, flexibility, and in-town living. Currently zoned SF-4, the site allows for a personal residence today, making it ideal for those looking to build a custom home while enjoying the benefits of living inside Dripping Springs city limits. Create your dream estate, design a live/work concept, or establish a private compound with room to grow—all while being just minutes from schools, shopping, dining, and daily conveniences. For investors and developers, the upside is compelling. The seller is actively pursuing a zoning change to multifamily, opening the door to the potential for multiple units and long-term income-producing opportunities. Build multiple doors for investment, design a mixed live/work concept, or develop a small multifamily community in one of the fastest-growing markets in Central Texas. With its prime in-town location and strong future development potential, this property is also well-suited for select commercial uses such as boutique retail or office (subject to zoning approval). Opportunities like this—offering acreage, flexibility, and location all in one—are exceptionally rare within Dripping Springs and position the next owner to capitalize on both lifestyle and investment potential.
LISTING CLOSED: 04/23/2026 12:00 AM

  1. Listed by Josh Friedman • TREC #0451763 • Friedman Real Estate, Inc.
    P: (512) 924-5323 C: (512) 924-5323 josh@friedmanrealtors.com
  2. Listed by Madison Lewis • TREC #0737900 • Friedman Real Estate, Inc.
    P: (512) 806-4461 C: (512) 806-4461 madison@friedmanrealtors.com

Property Details for 427 Creek Road

Status
MLS #
9540094
Days on Market
1344
Taxes
$6,522 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Land / Unimproved Land
Year Built
-
Lot Size
2.04 AC
Subdivision Name
C Jones Sub
Waterfront
No
Waterfront Description
Creek, See Remarks
Water Access Description
Public, See Remarks
View
None
View YN
No
Parcel Number
1144610000002004
Tax Lot
2
Elementary School
Dripping Springs
Elementary School District
Dripping Springs ISD
Middle Or Junior School
Dripping Springs Middle
Middle Or Junior School District
Dripping Springs ISD
Senior High School
Dripping Springs
High School District
Dripping Springs ISD
Master on Main
No
Pool Private
No

Location

Listing Courtesy of Friedman Real Estate, Inc., Josh Friedman, TREC #0451763; Friedman Real Estate, Inc., Madison Lewis, TREC #0737900

Sold By Best of Texas Real Estate, Lindsey Hayes, TREC #0652312

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Building Information for 427 Creek Road

Lot Size2.04 AC

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$3,588 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,045

Property Taxes

$544

HOA Dues

$0

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Property Information for 427 Creek Road

General Information
Interior
  • Restrictions: SeeRemarks
Exterior
  • Community Features: None
Property Information
Lot Information
  • FEMA Flood Plain: No
  • Lot Features: Trees Medium Size
  • Mineral Rights: None
  • Horse: No
  • Corporate Owner Allowed YN: Yes
  • Horse Amenities: None
  • Num Sheds: 1.0
  • Num Barns: 0.0
  • Num Corrals: 0.0
Utilities
  • Sewer: See Remarks
  • Utilities: Electricity Connected, See Remarks, Water Connected
Unit Information
Unit 1
  • Permission: IDX
Financial Information
Taxes and HOA Information
  • Association: No
  • Tax Assessed Value: $326,550
  • Tax Year: 2021
  • Tax Rate: 2.00%
Showing Information
Showing Information
  • Directions: From the RR12/290 Intersection: Head W on Hwy 290. Turn Left on Creek Rd. Property will be on the Left.

Property History for 427 Creek Road

DateEvent & SourcePriceAppreciationLink
Apr 23, 2026

Sold

ACTRIS #9540094

Apr 8, 2026

Active Under Contract

ACTRIS #9540094

Apr 8, 2026

Pending

ACTRIS #9540094

DateEvent & SourcePrice
04/23/2026

Sold

ACTRIS #9540094

04/08/2026

Active Under Contract

ACTRIS #9540094

04/08/2026

Pending

ACTRIS #9540094

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 427 Creek Road

Taxable ValueLand$643,010Additions$800Total$643,810
Tax Record2024$11,225 ($935 / month)
Home Facts
Beds0Total Finished SqFt1,251 SqFtAbove Grade Finished SqFt1,251 SqFtLot Size88,862 SqFtStyleMiscellaneous ResidentialYear Built1979CountyHAYSAPNR32901

Schools near 427 Creek Road

This home is within Dripping Springs Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Walnut Springs Elementary School
PublicPK to 5

Dripping Springs Middle School
Public6 to 8

Dripping Springs High School
Public9 to 12

Cypress Springs Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Friedman Real Estate, Inc., Josh Friedman, TREC #0451763; Friedman Real Estate, Inc., Madison Lewis, TREC #0737900

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, Waco Association of REALTORS, and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2026 Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All rights reserved. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. All area measurements and calculations are approximate and should be independently verified. Data may be subject to transcription and transmission errors. Accordingly, the data is provided on an “as is” “as available” basis only and may not reflect all real estate activity in the market”. © [2026] REsides, Inc. All rights reserved. Certain information contained herein is derived from information, which is the licensed property of, and copyrighted by, REsides, Inc.