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Property Description
A Rare Hilltop Opportunity in Springlake In the heart of Dripping Springs, where growth and demand continue to surge, a remarkable 4.77-acre residential lot has quietly emerged as one of the area's most desirable opportunities. Tucked at the secluded back side of the Springlake subdivision, this property sits at the end of a peaceful cul-de-sac-offering the privacy today's buyers crave while remaining minutes from schools, shopping, entertainment, and major commuter routes. From the moment you arrive, the land makes its value clear. Mature live oaks stretch across the property, creating a natural canopy that few parcels in the area can match. Native vegetation thrives throughout, preserving the authentic Hill Country character that continues to attract homeowners and investors alike. At the top of the property lies its crown jewel: a private hilltop homesite that has already been thoughtfully cleared. This elevated build location provides both convenience and vision-allowing a buyer to begin planning their custom home immediately, without the delays or costs of initial site preparation. The lot is served by Dripping Springs Water Supply, ensuring reliable access to a water tap-an increasingly valuable asset in a region known for its careful resource management. And with the property located in the highly regarded Dripping Springs School District, it stands out as an exceptional choice for families seeking long-term stability and educational excellence. Whether envisioned as a private estate, a luxury custom residence, or a long-term investment in one of Central Texas's most sought-after communities, this property delivers on every front. Its combination of privacy, natural beauty, infrastructure readiness, and proximity to modern conveniences makes it a standout opportunity in today's competitive market. This is more than land-it's a strategic purchase with lasting value, ready for the next owner to shape into something extraordinary.
Full Property Details
Full Property Details for 150 Patricks Wy
General
- Price: $500,000
- Taxes: $10,314 (2025)
- Status: Active
- Type: Lots/Land
- Source: Austin_MLS
- MLS ID: 9280029
- Updated: 2/24/2026
- Added to Site: 2 day(s) ago
Additional Information
- Shared Amenities: None
Location
- Area: HD
- County: Hays
- Subdivision: Springlake
- Driving Directions: RR 12 heading north from Hwy 290 West in Dripping Springs. At Springlake Drive, Turn left - At Spring Valley Rd turn Right - At Patricks Way turn Right - property on Right ...see sign
School Information
- Elem School District: Dripping Springs ISD
- Midd School District: Dripping Springs ISD
- High School District: Dripping Springs ISD
- Elementary School: Dripping Springs
- Middle School: Dripping Springs Middle
- High School: Dripping Springs
Utilities
- Sewer: Septic Needed
- Water: Public
- Utility Description: Water Available
Structural Information
- Detached/Attached: Detached
Additional Structures
- Other Structures: None
Lot Features
- Property View: Hills
- Lot Size (Acres): 4.77
- Lot Size (Sq. Ft.): 207,781.2
- Lot Features: Many Trees
Financial Considerations
- Assessment Amount: $630,750
- Tax Amount: $10,314.91
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Survey
- Legal Description: SPRINGLAKE LOT 141 4.77 AC GEO#90403629
- Disclosures/Reports: None
- Property ID: 1180700000141004
- Lot Number: 141
Listed by Randy Hutto, Realtors
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Schools
Schools serving 150 Patricks Wy
School District:Dripping Springs Independent School District
| Name | Grades | Distance |
|---|---|---|
Dripping Springs Elementary School 29400 Ranch Road 12, Dripping Springs, TX 78620 | PK-5 | 1.8 mi |
Dripping Springs Middle School 111 Tiger Lane, Dripping Springs, TX 78620 | 6-8 | 2.5 mi |
Dripping Springs High School 940 W Hwy 290, Dripping Springs, TX 78620 | 9-12 | 2.7 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 150 Patricks Wy
Date
Details
Price
Change
Source
2/24/2026
Listed
$500,000
—
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 150 Patricks Wy
Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,865
4%
$630,750
—
2023
$9,524
599%
$630,750
—
2018
$1,362
-74%
$630,750
106%
2022
$5,210
31%
$305,450
38%
2021
$3,987
193%
$220,600
18%
2018
$1,362
—
$187,510
184%
2018
$1,362
-1%
$66,070
—
2017
$1,370
-1%
$66,070
—
2016
$1,381
—
$66,070
—
2015
$1,382
-58%
$66,070
-60%
2019
$3,260
136%
$166,300
152%
2014
$1,383
1%
$66,070
—
2013
$1,363
—
$66,070
—
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 150 Patricks Wy
150 Patricks Way, Dripping Springs, TX 78620 (MLS# 9280029) is a Lots/Land property with a lot size of 4.77 acres. 150 Patricks Way is currently listed for $500,000 and was received on February 24, 2026. Want to learn more about 150 Patricks Way? Do you have questions about finding other Lots/Land real estate for sale in Dripping Springs? You can browse all Dripping Springs real estate or contact a Coldwell Banker agent to request more information.

