Imagine sitting by a roaring stone fireplace on your back patio,
drink in hand, watching the Texas sun sink below unobstructed
rolling hills. This recently built 4-bedroom, 4.5-bathroom modern
farmhouse in The Vineyard delivers that exact Hill Country
lifestyle on a 3.16-acre lot in Dripping Springs ISD. A long
driveway pulls you away from the world toward a 3-car garage,
establishing an immediate sense of quiet luxury. Step inside, and
the main floor greets you with a spectacular open-concept layout
where the living room steals the show with vaulted wood-beamed
ceilings, a floor-to-ceiling stone fireplace, and a striking rock
wall. Stackable sliding glass doors completely disappear, melting
the line between the indoors and the expansive Texas sky. Just off
the living space, a custom wine room features floor-to-ceiling
storage and display racks for your favorite vintages. The living
room flows right into a gourmet kitchen built for entertaining,
complete with a huge center island, breakfast bar, abundant
storage, shaker cabinetry, quartz countertops, double ovens, a gas
cooktop, and a butler's pantry. The primary suite is a peaceful
escape that frames the endless views, finished with a beamed
ceiling, and an ensuite bath with separate vanities, a standalone
soaking tub, a walk-in shower, and a custom closet. A flexible
bonus room with outside access, a wet bar, a guest suite and a
custom home office, with integrated built-ins and a wall of
windows, completes the downstairs. Upstairs, a large game room
provides a separate zone to hang out, alongside two additional
guest bedrooms that each feature a private ensuite bath. Auto
shades with remotes span throughout the home. The extended back
patio is where this home truly comes alive, offering a covered
lounge with a stone fireplace and a built-in outdoor kitchen and
grill. While you feel entirely removed from the world, you are just
minutes from Driftwood Estate Winery and dining and entertainment
along Ranch Road 12.
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.
Last updated: 3 months ago (Unlock MLS #ACT9651549)
Price History
Date / Event
Date
Event
Price
Jun 25, 2026
Listed by Christies Intl Real Estate Lone Star
$2,500,000
Listed by Christies Intl Real Estate Lone Star
Nov 7, 2021
No longer available
-
No longer available
Jul 19, 2021
In contract
-
In contract
Jun 30, 2021
Listed by Keller Williams - Austin SW
$450,000
Listed by Keller Williams - Austin SW
Private 3 acres inside Dripping Springs ISD. Enjoy the peaceful hill country setting that 3706 Tuscany has to offer inside Vineyard Estates. Located off Elder Hill Rd the property is roughly 10 minutes from Dripping Springs, grocery, shops, and much more. Local wineries and breweries nearby for entertainment. Take the family down the road to Wimberley Tx for an abundance of family activities. The property is level and mostly all usable except for the small drop in the very back. Survey and other documents available.
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