221 HILLTOP DRIVE, DRIPPING SPRINGS, TX 78620

Homes for sale in Dripping Springs.

Homes for sale in 78620.


221 Hilltop Drive

Dripping Springs, TX 78620

Status of the property has changed, please contact for details

List Price$545,000

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #5827791

3

Bedrooms

3 full

Bathrooms

2,134

Square Feet

House

Type

About This Property

Motivated seller presents a rare chance in Dripping Springs with two distinct homes, sweeping views, and proven rental revenue. Positioned on one acre atop Hilltop Drive in the Hills of Springlake, this property captures nearly 360-degree Hill Country vistas within a peaceful Certified Dark Sky Community. The rear home is a completed 1,200 sq. ft., 2-bedroom, 2-bath contemporary build finished in 2023 and now running as a fully furnished Airbnb Guest Favorite with strong repeat and referral clientele. The active Short Term Rental (STR) is projected to generate nearly $50k this year. Renovations added brand-new electrical, plumbing, HVAC, framing, spray foam insulation, tankless water heater, heat-pump system, double-pane windows, stainless appliances, gas range, and gas dryer. A spacious covered patio opens to stunning sunset skies and unobstructed horizons. The front residence spans 2,134 sq. ft. and was stripped to the studs, then reframed for a redesigned 3-bedroom, 3-bath plan featuring two living areas, an oversized dining space, and a high-end kitchen vision. The upstairs primary suite is framed to highlight dramatic hilltop scenery from both sides of the house, while a covered rear patio looks across the generous yard and natural surroundings. Located in the ETJ with few restrictions, the property allows flexibility for future use and plans. Occupy one home while finishing the other, run both as short-term rentals with projected annual income above $100k, establish a private family retreat, or tailor the front home to suit your goals. The guest house can also be separated onto its own electrical service. Its adaptability, setting, and potential create a standout opportunity in one of the Hill Country's most desirable locations. Private showings are available through the listing agent.

Property Features

Location Information

County

Hays

Subdivision

Hills Of Springlake

County

Hays

Directions

290 toward Dripping Springs. Turn right on RR12 and left onto Springlake Drive then make a right onto Hilltop Drive.

Area

HD

Interior Features

Interior

Walk-In Closet(s)

Laundry

In Unit, Upper Level

Full Baths

3

Disabled Features

None

Number of Fireplaces

0

Appliances

See Remarks

Heating

Central

Accessibility

None

Floors

Concrete

Exterior Features

Style

See Remarks

Parking Description

See Remarks

Stories

2

Garage Spaces

0

Is New Construction

No

Fencing

Back Yard, Perimeter, Partial

Construction/Exterior

See Remarks

Lot Size in Acres

1

Exterior

No Exterior Steps

Waterfront Description

None

Foundation

Slab

Has Waterfront

No

Possession

Closing & Funding

Has View

Yes

Water / Sewer

Septic Tank

View

Hills

Water

Public

School

Elementary School District

Dripping Springs ISD

Middle School

Dripping Springs Middle

Elementary School

Dripping Springs

High School

Dripping Springs

Additional Information

Roof/Attic

Metal

APN

1140400000008004

Other Utilities

Cable Available, Electricity Connected, High Speed Internet Available, Propane, Sewer Connected, Water Connected

Status

Active

Property Type

SFR

Documents Available

Aerial, Deed Restriction

Property SubType

Single Family Residence

Square Feet Source

Owner

Year Built

1995

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Mortgage Calculator

$2,544

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$1,963

Monthly Tax

$454

Monthly Insurance

$127

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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