$6,500,000
●
House -
For Sale
418 Cattle Trail DR
Dripping Springs, TX 78620
6 Beds
6 Baths,
2
Half Baths
8,480 Ft²
$34,718
Est. Monthly
$42
HOA / Fees
About This Property
Exceptional 21-acre European-inspired estate in Dripping Springs,
designed by Geschke Group Architects and built by Hagy Custom
Homes. Three-structure compound with independently metered
utilities: a 6,100+ sq ft main residence, a 2,300+ sq ft second
residence, and a 3,000+ sq ft commercial-grade workshop. Over 1,600
ft of frontage along Cattle Trail Drive with a wet weather creek
and active wildlife exemption. The main home features native
limestone construction, hand-hewn reclaimed barn beams, 3/4"
mesquite plank floors, solid cherry doors, and Level 5 drywall
throughout. High-end kitchen with Wolf range, 1,300 CFM
ventilation, Sub-Zero refrigeration, Sub-Zero wine column, and
Miele coffee center. NanaWall panels open the great room fully to
the outdoors. Primary suite and office on the main level; two
additional suites and an insulated media room with laser projector
and Dolby surround upstairs. Custom Santangelo lighting,
Italian-crafted fireplace screen, and Savant whole-home automation
throughout. The second residence is a standalone ~2,300 sq ft home
built to the same standard as the main - not a guest cottage. Two
beds, 2.5 baths, soaring beamed ceilings, brick archways, a full
kitchen and living area opening to a covered terrace, and
independent utilities with its own private drive. Ideal for
multi-generational living, an estate manager, or income potential.
The 2016 workshop is spray-foam-insulated, fully conditioned, with
400-amp service, true 3-phase power, compressed air, a professional
automotive lift, and a climate-controlled lounge. Water
independence via 890-ft well producing approx. 200 GPM,
20,000-gallon dual-tank rainwater collection with auto-failover,
and industrial-grade filtration. Outdoor amenities include a
Kalamazoo outdoor kitchen, covered patios in heavy timber and
stone, organic gardens, and two chicken coops. An active wildlife
exemption provides meaningful annual tax savings. Dripping Springs
ISD. Approx. 30 min to downtown Austin.
Unit Size
8,480 Ft²
Days on Market
-
Land Size
21.30 acres
Price per sqft
$767
Property Type
House
Property Taxes
$2,760
HOA Dues
$42
Year Built
2019
Listed By
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Cap Rate
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: 21 days ago (Unlock MLS #ACT9020696)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 25, 2026 | Listed by Compass RE Texas, LLC | $6,500,000 | |
| Listed by Compass RE Texas, LLC | |||
| May 26, 2026 | Listed by Compass RE Texas, LLC | $6,999,000 | |
| Listed by Compass RE Texas, LLC | |||
   | |||
|
Exceptional 21-acre European-inspired estate in Dripping Springs, designed by Geschke Group Architects and built by Hagy Custom Homes. Three-structure compound with independently metered utilities: a 6,100+ sq ft main residence, a 2,300+ sq ft second residence, and a 3,000+ sq ft commercial-grade workshop. Over 1,600 ft of frontage along Cattle Trail Drive with a wet weather creek and active wildlife exemption. The main home features native limestone construction, hand-hewn reclaimed barn beams, 3/4" mesquite plank floors, solid cherry doors, and Level 5 drywall throughout. Chef's kitchen with Wolf range, 1,300 CFM ventilation, Sub-Zero refrigeration, Sub-Zero wine column, and Miele coffee center. NanaWall panels open the great room fully to the outdoors. Primary suite and office on the main level; two additional suites and an insulated media room with laser projector and Dolby surround upstairs. Custom Santangelo lighting, Italian-crafted fireplace screen, and Savant whole-home automation throughout. The second residence is a standalone ~2,300 sq ft home built to the same standard as the main - not a guest cottage. Two beds, 2.5 baths, soaring beamed ceilings, brick archways, a full kitchen and living area opening to a covered terrace, and independent utilities with its own private drive. Ideal for multi-generational living, an estate manager, or income potential. The 2016 workshop is spray-foam-insulated, fully conditioned, with 400-amp service, true 3-phase power, compressed air, a professional automotive lift, and a climate-controlled lounge. Water independence via 890-ft well producing approx. 200 GPM, 20,000-gallon dual-tank rainwater collection with auto-failover, and industrial-grade filtration. Outdoor amenities include a Kalamazoo outdoor kitchen, covered patios in heavy timber and stone, organic gardens, and two chicken coops. An active wildlife exemption provides meaningful annual tax savings. Dripping Springs ISD. Approx. 30 min to downtown Austin.
| |||
| Jul 12, 2025 | Delisted | - | |
| Delisted | |||
| Jul 9, 2025 | In contract | - | |
| In contract | |||
| Nov 15, 2024 | Price Decreased |
$6,999,000
↓ $301K
(4.1%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Has Open Parking
Parking Features: Attached, Circular Driveway, Driveway, Garage, Garage Faces Side, Inside Entrance, Oversized, Door-Multi
Garage Spaces: 8
Interior Details
Half Bathrooms: 2
Full Bathrooms: 6
Interior Features: Built-in Features, Breakfast Bar, Ceiling Fan(s), Chandelier, Dumbwaiter, Double Vanity, Entrance Foyer, In-Law Floorplan, Kitchen Island, Recessed Lighting, Natural Woodwork, Open Floorplan, Pantry, Walk-In Closet(s), Smart Home, Smart Thermostat, Soaking Tub, Stone Counters, Wired for Sound, Bookcases, Beamed Ceilings, Ceiling-Vaulted, Ceiling-High, Two Primary Closets, Primary Bedroom on Main, Interior Steps, Multiple Living Areas, Study/Home Office
Appliances: Bar Fridge, Built-In Gas Range, Built-In Refrigerator, Dishwasher, Disposal, Gas Range, Microwave, Stainless Steel Appliance(s), Tankless Water Heater, Water Purifier Owned, Wine Refrigerator, RNGHD
Flooring Type: Stone, Tile, Wood
Has Fireplace
Fireplace Features: Family Room, Wood Burning
Fireplaces: 2
Exterior Details
Square Footage: 8480
Square Footage Source: $0
Green Sustainability
Security Features: Security System Owned
Property Condition: Resale
Year Built Source: Public Records
Year Built: 2014
Waterfront Features: Dry/Seasonal
Builder Name: Hagy Custom Homes
Levels: Two
Other Structures: Garage(s), Guest House, Outbuilding, Poultry Coop, Second Residence, Workshop
Window Features: Double Pane Windows, Window Treatments, Wood Frames
Construction Materials: Masonry – All Sides
Patio and Porch Features: Covered, Front Porch, Patio
Pool Features: None
Lot Features: Open Lot, Private, Split Possible, Wooded, Views, Road Maintenance Agreement, Sprinkler - Automatic
Lot Size Area: 927828
Lot Size Units: Square Feet
Lot Size Acres: 21.3
Lot Size Square Feet: 927828
Water Source: See Remarks, Cistern, Well
Financial Details
Tax Map Number: 3B-2
Tax Assessed Value: $2,025,360
Tax Annual Amount: $33,122
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air, Zoned
Heating Type: Central, Fireplace(s), Zoned
Sewer : Septic Tank
Location Details
HOA/Condo/Coop Fee Includes: See Remarks
HOA Fee: $500
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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Listed by: Mark Clausen
Listed Office: Compass RE Texas, LLC - Listing courtesy of Unlock MLS
Phone: (512) 575-3644
Last Updated: 2026-09-26 04:08:39
Data Source: Unlock MLS, MLS# ACT9020696
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Compass RE Texas, LLC - Listing courtesy of Unlock MLS
Phone: (512) 575-3644
Last Updated: 2026-09-26 04:08:39
Data Source: Unlock MLS, MLS# ACT9020696
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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