1. Overview
  2. Location
  3. Interior
  4. Exterior
  5. Property
  6. Schools
  7. Tax
  8. Calculator
  9. Similar
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Status: Active

501 Twin Oaks Trl 
Dripping Springs, TX 78620

8% Drop

$650,000

$599,000

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Welcome to your private slice of paradise in the heart of Dripping Springs! This rare 4.75-acre property offers the ultimate in flexibility, comfort, and Texas charm. Tucked away in a peaceful, lightly restricted area, the land features a main residence plus two fully separate guest homes—ideal for multi-generational living, rental income, or hosting family and friends. The main home exudes warmth with an open floor plan, natural light, and views of mature oak trees and Hill Country sunsets. Enjoy the serenity of wide-open spaces, with plenty of room for gardens, animals, and outdoor entertaining. Each guest home has its own private entrance and living space, providing exceptional versatility for short-term rentals, long-term tenants, or creative studios. Just minutes from downtown Dripping Springs, top-rated DSISD schools, breweries, and wedding venues, this property offers a blend of privacy and convenience rarely found. Bring your chickens, horses and your sense of adventure—this one’s got the space to match your vision! Main house 3/2 approx 2004sqft, guest house #1-1/1 approx 275sqft, guest house #2- 1/1 approx 749sqft per floor plans.
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Bedrooms
5
Baths
4
House Size
3,028 sqft
Year Built
2002
Lot Size
4.75 ac
School District
Dripping Springs ISD

Location

Market Insights

In the last 30 days, homes for sale in 78620, Dripping Springs, TX were on the market for a median of 50 days and 10.35% of homes sold above list price.

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Interior Information

appliances
Dishwasher
Exhaust Fan
Free-standing Electric Range
cooling
Ceiling Fan(s)
Central Air
Wall/window Unit(s)
features
Ceiling Fan(s)
High Ceilings
flooring
Carpet
Tile
Wood
heating
Exhaust Fan
See Remarks
Central
Electric
Heat Pump
Hot Water
Wood
laundry features
In Hall
view
Trees/woods
window features
Aluminum Frames
Screens

Exterior Information

features
Garden
Lighting
Private Yard
fence
Fenced
patio and porch
Deck
Front Porch
Patio
pool
None
roof
Composition
Metal

Property Information

accessibility
Accessible Closets
community
None
construction
Cedar
Hardiplank Type
Masonite
Wood Siding
Stone Veneer
foundation
Pillar/post/pier
Slab
lot
Gentle Sloping
Native Plants
Open Lot
Private
Many Trees
other structures
Guest House
Outbuilding
Poultry Coop
Rv/boat Storage
Storage
Workshop
parking
Additional Parking
Detached Carport
Gravel
Rv Access/parking
Storage
sewer
Aerobic Septic
subdivision name
None
utilities
Electricity Connected
Other
Phone Available
Water Available
Water Connected
water source
Private
Well
  • Listed By Melony Coffman
  • (512) 894-4043
  • Coffman Real Estate
  • (512) 894-4043
  • jeffcoffmancompany@gmail.com
  • MLS 2776830

Tax History

Date

Property Tax

Land

Additions

Tax Assessment

2024$4,181 (+9.6%)$196,410$82,060$278,470 (+0.6%)
2023$3,813 (0%)$196,410$80,450$276,860 (+23.8%)
2022$3,813 (+39.9%)$166,450$57,096$223,546 (+48.2%)
2021$2,725$83,220$67,580$150,800

Tax data provied by Attom


Monthly Payments Calculator

Estimated Monthly Cost

$3,704

30 year fixed·6.9% interest rate
Principal & Interest
$3,156
Property Taxes
$348
Home Insurance
$200
HOA Fees
$0
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*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.
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