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  4. Exterior
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Status: Active Under Contract

507 Terrace Canyon Dr 
Dripping Springs, TX 78620

$1,499,000

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A truly remarkable and elegantly designed residence on 1.56 acres in Dripping Springs, offering refined one-story living with a flexible upstairs bonus space. This new construction home features 4 bedrooms, 4.5 bathrooms, and approximately 4,000 sq ft of thoughtfully designed living space that blends luxury, comfort, and functionality. Inside, soaring 12-foot ceilings throughout create an open, airy atmosphere. The expansive living room is anchored by a dramatic fireplace and flows effortlessly into the heart of the home with an oversized chef’s kitchen outfitted with double islands, marble countertops, custom cabinetry, and a premium THOR stainless steel appliance package. A fully loaded butler’s pantry with abundant storage adds even more utility and style. The primary suite is a private retreat with high ceilings and a huge walk-in closet. The ensuite bathroom is timeless and serene, designed with premium finishes. Two additional downstairs bedrooms each feature designer en-suite bathrooms, while a third secondary bedroom on the main level also includes a full bathroom, ideal for family or guests. A dedicated study and powder room complete the main floor. Upstairs offers a flexible bonus room, perfect for a second living area, home gym, or media room, allowing this floor plan to adapt to your lifestyle. Step outside to the large covered patio with a built-in outdoor kitchen, offering the perfect space to entertain or unwind. The spacious backyard offers plenty of room to add a pool, giving you the opportunity to create your own Hill Country oasis. This is a one-of-a-kind custom floor plan in Dripping Springs, offering luxurious finishes, thoughtful design, and the space to make it your Hill Country dream.
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Bedrooms
4
Baths
4.5
House Size
4,150 sqft
Year Built
2025
Lot Size
1.56 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 49 days and 0% of homes sold above list price.

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Interior Information

appliances
Energy Star Qualified Refrigerator
Gas Range
Microwave
Free-standing Gas Range
Free-standing Refrigerator
Water Heater
cooling
Ceiling Fan(s)
Central Air
features
Breakfast Bar
Built-in Features
Ceiling Fan(s)
High Ceilings
Tray Ceiling(s)
Chandelier
Granite Counters
Stone Counters
Double Vanity
Eat-in Kitchen
Entrance Foyer
High Speed Internet
In-law Floorplan
Kitchen Island
Natural Woodwork
Open Floorplan
Pantry
Recessed Lighting
Soaking Tub
Storage
Walk-in Closet(s)
Master Downstairs
fireplace
Electric
flooring
Tile
Wood
heating
Central
laundry features
Main Level

Exterior Information

features
Barbecue
Gas Grill
Lighting
Outdoor Grill
Private Yard
fence
None
patio and porch
Covered
Front Porch
Rear Porch
pool
None
roof
Composition

Property Information

builder name
Dzm Designs Llc
community
None
construction
Hardiplank Type
foundation
Slab
green energy efficient
Appliances
Windows
lot
Interior Lot
Level
other structures
None
parking
Attached
Garage
sewer
Septic Tank
subdivision name
Sunset Canyon
utilities
Electricity Connected
Propane
Water Connected
water source
Public
  • Listed By Jenny Cureton
  • (512) 618-4966
  • Compass RE Texas, LLC
  • (512) 575-3644
  • MLS 5848779

Monthly Payments Calculator

Estimated Monthly Cost

$9,447

30 year fixed·6.9% interest rate
Principal & Interest
$7,898
Property Taxes
$1,249
Home Insurance
$300
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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