$725,000
↓ $50K (6.5%)
●
Land -
For Sale
201 Medlin Creek LOOP
Dripping Springs, TX 78620
Studio
0 Bath
$3,634
Est. Monthly
$54
HOA / Fees
About This Property
Absolutely Gorgeous Lot! Hill Country Serenity on 7 Acres | Build
Your Custom Retreat
Welcome to an exceptional 7-acre homesite in the heart of the Texas Hill Country, ideally situated between Dripping Springs and Bee Cave, just 2.5 miles west of Ranch Road 12 and Fitzhugh Road. This rare offering delivers the perfect balance of privacy, convenience, and natural beauty.
The property features usable land framed by majestic hardwoods, Hill Country views, and unforgettable sunset skies, an inspiring canvas for your custom dream home. A wildlife exemption is currently in place, offering meaningful property tax savings.
Located within the sought-after Medlin Creek Ranch, residents enjoy a peaceful, relaxed Hill Country atmosphere with room to breathe and roam. Bring your builder of choice and design at your own pace-no required timeline to build, a 3,000-square-foot minimum, and up to three horses allowed.
Whether you envision a modern farmhouse, classic Hill Country estate, or equestrian retreat, this property offers the space, freedom, and setting to bring your vision to life. Come experience the beauty and potential of this remarkable homesite.
Welcome to an exceptional 7-acre homesite in the heart of the Texas Hill Country, ideally situated between Dripping Springs and Bee Cave, just 2.5 miles west of Ranch Road 12 and Fitzhugh Road. This rare offering delivers the perfect balance of privacy, convenience, and natural beauty.
The property features usable land framed by majestic hardwoods, Hill Country views, and unforgettable sunset skies, an inspiring canvas for your custom dream home. A wildlife exemption is currently in place, offering meaningful property tax savings.
Located within the sought-after Medlin Creek Ranch, residents enjoy a peaceful, relaxed Hill Country atmosphere with room to breathe and roam. Bring your builder of choice and design at your own pace-no required timeline to build, a 3,000-square-foot minimum, and up to three horses allowed.
Whether you envision a modern farmhouse, classic Hill Country estate, or equestrian retreat, this property offers the space, freedom, and setting to bring your vision to life. Come experience the beauty and potential of this remarkable homesite.
Unit Size
-
Days on Market
-
Land Size
6.99 acres
Price per sqft
-
Property Type
Land
Property Taxes
$20
HOA Dues
$54
Year Built
-
Listed By
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100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 months ago (Unlock MLS #ACT3032475)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 17, 2026 | Price Decreased |
$725,000
↓ $50K
(6.5%) | |
| Price Decreased | |||
| Mar 14, 2026 | Price Decreased |
$775,000
↓ $25K
(3.1%) | |
| Price Decreased | |||
| Apr 23, 2025 | Listed by Kuper Sotheby's Int'l Realty | $799,999 | |
| Listed by Kuper Sotheby's Int'l Realty | |||
Property Highlights
Exterior Details
Waterfront Features: None
Other Structures: None
Lot Features: Corner Lot, Many Trees
Lot Size Area: 304310.16
Lot Size Units: Square Feet
Lot Size Acres: 6.986
Lot Size Square Feet: 304310.16
Water Source: See Remarks
Financial Details
Tax Assessed Value: $15,190
Tax Annual Amount: $238
Utilities Details
Sewer : Septic Needed
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds
HOA Fee: $650
HOA Fee Frequency: Annually
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Hays
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Currently no similar homes aroundNearby Rentals
Listed by: Kimberly Christman
Listed Office: Kuper Sotheby's Int'l Realty - Listing courtesy of Unlock MLS
Phone: (512) 261-0008
Last Updated: 2026-08-30 04:02:52
Data Source: Unlock MLS, MLS# ACT3032475
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Kuper Sotheby's Int'l Realty - Listing courtesy of Unlock MLS
Phone: (512) 261-0008
Last Updated: 2026-08-30 04:02:52
Data Source: Unlock MLS, MLS# ACT3032475
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
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