See Home Value
$530,000
● House - Off Market

708 Post Oak DR

Dripping Springs, TX 78620
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,697 Ft²
$3,437
Est. Monthly
3.74%
Cap Rate

About This Property

Welcome to 708 Post Oak Drive-an exceptional opportunity to transform a spacious, character-filled property into your dream hill country retreat. Nestled on a gorgeous 2-acre lot filled with majestic oak trees and backing to 64-acre Charro Ranch Park, this 3-bed, 3-bath home offers privacy, space, and abundant potential just minutes from the heart of Dripping Springs.  Located in the heart of one of Dripping's most established, beloved and sought-after neighborhoods, Oak Springs has long been known for its large estate-sized lots, towering heritage oaks, fantastic location (approximately 1.5 miles to Downtown Dripping Springs, HEB, Home Depot, local dining and retail), quiet surroundings and its highly regarded Dripping Springs schools. Oak Springs is a welcoming, relaxing, and inviting community with no HOA, city water, a lower property tax rate (1.74%), and an allowance for short-term rentals-making it both a smart investment and a great place to call home.  Built in 1984, this 2,697 sq ft home is ready for your vision. Inside, you'll find two living areas, two dining spaces, vaulted ceilings and a cozy stone fireplace. A spacious upstairs bonus room offers flexibility for a game room, office, or guest suite. The primary suite features dual vanities, a soaking tub, separate walk-in shower and two full bathrooms.  Outside, enjoy peaceful views from multiple porches, a deck & a circular driveway with a side-entry garage-all surrounded by mature landscaping and classic hill country scenery.  While the home needs updating and is being sold as-is, major systems like HVAC, roof, and septic have already been inspected with reports available. Whether you're a renovator, investor or a buyer looking to put down roots & customize your space, this estate sale offers incredible value in a highly desirable location within Dripping Springs ISD.  Don't miss this rare chance to build equity & create something truly special in one of Dripping Springs' most treasured neighborhoods.
Unit Size
2,697 Ft²
Days on Market
-
Land Size
2.00 acres
Price per sqft
$197
Property Type
House
Property Taxes
$834
HOA Dues
-
Year Built
1984

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Cap Rate Calculator

Last updated: 2 years ago (Unlock MLS #ACT1330778)

Price History

Date / Event Date Event Price
Jul 3, 2025 In contract -
In contract
Jun 17, 2025 Price Decreased $530,000
↓ $30K (5.4%)
Price Decreased
May 24, 2025 Listed by Compass RE Texas, LLC $560,000
Listed by Compass RE Texas, LLC

Property Highlights

Garage
Air Conditioning
Fireplace
With View

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • 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: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 708
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 87,120
  • Total Building Area: 2,225
  • Gross Building Area: 2,933
  • Building Area: 2,225
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,225
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OAK SPRINGS
  • Land Acres: 0000002000
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: OAK SPRINGS LOT 17 2.00 AC GEO#90403181

Neighborhood

  • School District Name: Dripping Springs Independent School District
  • School Tax School District: GHA,RSP,SDS
  • Census Tract: 010806

Geography

  • Account Number: R37023
  • Parcel: 11-5865-0000-01700-4
  • Municipality: CITY OF DRIPPINGS SPRINGS
  • Latitude: 30.1668
  • Longitude: -98.0755

    Address

  • Full Address: 708 Post Oak Dr
  • Address - House Number: 708
  • Address - Street Name: Post Oak
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Dripping Springs
  • Carrier Code: H002
  • 4-Digit Zip Code: 4108
  • Zip Code: 78620

Valuation

    Tax

  • Tax Year: 2020
  • Tax Amount: $371,928
  • Tax Rate Code Area: CAD,CDS,EN

    Market Valuation

  • Market Total Value: $359,590
  • Market Land Value: $56,770
  • Market Improvement Value: $302,820

    Assessments Valuation

  • Assessed Year: 2019
  • Assessed Total Value: $359,590
  • Assessed Land Value: $56,770
  • Assessed Improvements Value: $302,820

    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 Dripping Springs


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Nearby Rentals

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177 Diamond Point Dr, Dripping Springs, TX, 78620 Listing by Ryan Stetson
Unit for rent at 141 Hunts Link Rd, Dripping Springs, TX, 78620

$2,600 /mo

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  • 2 Baths
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141 Hunts Link Rd, Dripping Springs, TX, 78620 Listing by Shea Mworia


Frequently Asked Questions

When was property at 708 Post Oak Drive built and last sold?
The property at 708 Post Oak Drive was built in 1984 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 708 Post Oak Drive is $0.
What are some comparable homes to 708 Post Oak Drive?
There are currently no comparable homes to 708 Post Oak Drive.