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$600,000
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Property Description
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 or commercial 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.
Full Property Details
Full Property Details for 501 Limestone Ln
General
- Price: $600,000
- Taxes: $7,851 (2024)
- Status: Active
- Type: Single Family
- Source: Austin_MLS
- MLS ID: 2422573
- Updated: 9/24/2025
- Added to Site: 115 day(s) ago
Interior
- Appliances: Free-Standing Range
Additional Information
- Shared Amenities: See Remarks
- Pool: Yes
- Private Pool: Yes
Exterior
- Porch/Patio/Deck: See Remarks
Parking
- Total Spaces: 10
- Parking Features: See Remarks
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.
School Information
- Elem School District: Wimberley ISD
- Midd School District: Wimberley ISD
- High School District: Wimberley ISD
- Elementary School: Jacobs Well
- Middle School: Danforth
- High School: Wimberley
Utilities
- Utility Description: Electricity Connected, Sewer Connected, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: Frame
- Square Feet: 2,000
- Sq. Ft. Source: Owner
- Living Area: 2,000 Sq. Ft.
- 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
- Fence: Yes
- Lot Features: Interior Lot
- Fencing (Description): See Remarks
Financial Considerations
- Assessment Amount: $539,600
- Tax Amount: $7,851.18
- Tax Year: 2024
- Terms: Cash, Conventional, FHA, VA Loan
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: See Remarks
- Property ID: 1173200000011008
Listed by Keller Williams - Lake Travis
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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
Date
Details
Price
Change
Source
9/24/2025
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.
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
501 Limestone Lane, Driftwood, TX 78619 (MLS# 2422573) is a Single Family property with 0 bedrooms and 0 full bathrooms. 501 Limestone Lane is currently listed for $600,000 and was received on September 24, 2025. Want to learn more about 501 Limestone Lane? Do you have questions about finding other Single Family real estate for sale in Driftwood? You can browse all Driftwood real estate or contact a Coldwell Banker agent to request more information.

