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Hays 78619
501 Limestone LN
$600,000
● House - For Sale

501 Limestone LN

Driftwood, TX 78619
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,000 Ft²
$3,601
Est. Monthly
1.59%
Cap Rate

About This Property

Unique property that offers a 6.61-acre homestead in Driftwood, Texas, located within the desirable Texas Hill Country. The property is currently improved as a residential homesite, but its size and location create the flexibility for future residential development. With acreage divisible into 2-acre portions, this tract provides multiple exit strategies and opportunities for investors, developers, or owner-users looking to secure land in a high-growth corridor.
Unit Size
2,000 Ft²
Days on Market
-
Land Size
6.61 acres
Price per sqft
$300
Property Type
House
Property Taxes
$654
HOA Dues
-
Year Built
-

Listed By

Alice Duffy
Alice Duffy
Keller Williams - Lake Travis

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Last updated: 6 months ago (Unlock MLS #ACT2422573)

Price History

Date / Event Date Event Price
Sep 24, 2025 Listed by Keller Williams - Lake Travis $600,000
Listed by Keller Williams - Lake Travis

Property Highlights

Parking Details
Parking Features: See Remarks
Interior Details
Full Bathrooms: 2
Appliances: Free-Standing Range
Exterior Details
Square Footage: 2000
Square Footage Source: $0
Property Condition: Resale
Year Built Source: Public Records
Year Built: 1975
Waterfront Features: None
Other Structures: None
Construction Materials: Frame
Patio and Porch Features: See Remarks
Pool is Private
Lot Features: Interior Lot
Lot Size Area: 288105.84
Lot Size Units: Square Feet
Lot Size Acres: 6.614
Lot Size Square Feet: 288105.84
Financial Details
Tax Assessed Value: $539,600
Tax Annual Amount: $7,851

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 288,106
  • Lot Size Frontage Feet: 0
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROLLING OAKS SEC 2
  • Land Acres: 0000006614
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: ROLLING OAKS SEC 2 LOT PT OF 11 6.614 AC

Neighborhood

  • School District Name: Wimberley Independent School District
  • School Tax School District: RSP,SWI,WEU
  • Census Tract: 010812

Geography

  • Parcel: R40776
  • Municipality: UNINCORPORATED AREA
  • Latitude: 30.0514
  • Longitude: -98.0107

    Address

  • Full Address: 501 Limestone Ln
  • Address - House Number: 501
  • Address - Street Name: Limestone
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Driftwood
  • Carrier Code: R001
  • 4-Digit Zip Code: 8004
  • Zip Code: 78619

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $726,097
  • Tax Rate Code Area: CAD,EWI,FW

    Appraisal Valuation

  • Standard Deviation: 0.188
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 516,908
  • High Value: 614,096
  • Low Value: 419,720

    Market Valuation

  • Market Total Value: $539,600
  • Market Land Value: $514,600
  • Market Improvement Value: $25,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $517,495
  • Assessed Land Value: $514,600
  • Assessed Improvements Value: $25,000

    Exemptions

  • Homeowner Exemption: Yes
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Hays


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 879 Lonesome Trl, Driftwood, TX, 78619

$1,500 /mo

  • 2 Beds
  • 1 Bath
  • 792 ft²
879 Lonesome Trl, Driftwood, TX, 78619 Listing by Antonia Wilemon


Frequently Asked Questions

When was property at 501 Limestone Lane built and last sold?
The property at 501 Limestone Lane was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 501 Limestone Lane is $595,409.
What are some comparable homes to 501 Limestone Lane?
There are currently no comparable homes to 501 Limestone Lane.