Date
Details
Price
Change
Source
9/22/2025
Listed
$600,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$600,000
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Property Description
501 Limestone Ln offers 6.61 acres in the heart of Driftwood, TX, surrounded by Hill Country wineries, wedding venues, and attractions. Currently improved as a residential homestead, this tract provides flexibility for future use with strong potential for a private estate, family compound, or commercial conversion. Located just 30 minutes from Downtown Austin and minutes from Dripping Springs and Wimberley, the property combines lifestyle appeal with long-term investment upside. Acreage is divisible into 2-acre portions, creating multiple exit strategies for developers, investors, or owner-users seeking land in a high-growth corridor.
Full Property Details
Full Property Details for 501 Limestone Ln
General
- Price: $600,000
- Taxes: $7,851 (2024)
- Status: Active
- Type: Commercial
- Source: Austin_MLS
- MLS ID: 3595808
- Updated: 9/22/2025
- Added to Site: 166 day(s) ago
Parking
- Total Spaces: 10
- Parking Features: On Site
Location
- Area: HW
- County: Hays
- Subdivision: Rolling Oaks Sec 2
- Driving Directions: From Austin, take US-290 W toward Dripping Springs. Turn left on RR-12 and continue south toward Wimberley. Turn left onto FM-150, then right on Elder Hill Rd. Turn left onto Limestone Ln. Property will be on the right.
Utilities
- Utility Description: Electricity Connected, Sewer Connected, Water Connected
Structural Information
- # Buildings: 1
- Detached/Attached: Detached
- Construction: Frame
- Square Feet: 2,000
- Sq. Ft. Source: Owner
- Current Bldg. Use: Residential, Single Family
- Year Built: 1975
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 6.614
- Lot Size (Sq. Ft.): 288,105.84
Financial Considerations
- Assessment Amount: $539,600
- Tax Amount: $7,851.18
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: See Remarks
- Legal Description: ROLLING OAKS SEC 2 LOT PT OF 11 6.614 AC
- Disclosures/Reports: None
- Property ID: 1173200000011008
Listed by Keller Williams - Lake Travis
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Listing agent
— 501 Limestone Ln —
Keller Williams - Lake Travis
(512) 784-2345
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Schools
Schools serving 501 Limestone Ln
School District:Wimberley Independent School District
| Name | Grades | Distance |
|---|---|---|
Blue Hole Primary School 15900 Winters Mill Parkway, Wimberley, TX 78676 | PK-2 | 5.5 mi |
Jacob's Well Elementary School 3470 Farm to Market Road 2325, Wimberley, TX 78676 | 3-5 | 8.3 mi |
Danforth J High School 200 Texan Boulevard, Wimberley, TX 78676 | 6-8 | 7 mi |
Wimberley High School 100 Carney Lane, Wimberley, TX 78676 | 9-12 | 7.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 501 Limestone Ln
Tax History
Tax History for 501 Limestone Ln
Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,851
9%
$531,000
-2%
2023
$6,265
786%
$539,600
4%
2018
$707
-91%
$517,495
10%
2022
$7,479
883%
$470,450
314%
2021
$761
1%
$113,599
10%
2020
$753
-54%
$103,272
21%
2018
$1,620
13%
$85,349
10%
2017
$1,428
-1%
$77,590
—
2016
$1,440
—
$77,590
—
2015
$1,446
-16%
$77,590
-17%
2019
$1,730
19%
$93,884
21%
2014
$1,448
6%
$77,590
6%
2013
$1,371
—
$73,380
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 501 Limestone Ln
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501 Limestone Lane, Driftwood, TX 78619 (MLS# 3595808) is a Commercial property. 501 Limestone Lane is currently listed for $600,000 and was received on September 22, 2025. Want to learn more about 501 Limestone Lane? Do you have questions about finding other Commercial real estate for sale in Driftwood? You can browse all Driftwood real estate or contact a Coldwell Banker agent to request more information.