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
List Price$545,000
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
Similar Listings
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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