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$850,000
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Property Description
Located in the heart of downtown Dripping Springs, this beautifully crafted Tejas Heritage home offers a rare combination of timeless design, exceptional quality, and unbeatable walkability. Whether you're searching for a full-time residence, weekend getaway, or income-producing short-term rental, this property checks every box. Enjoy being just steps from Pig Pen BBQ, Rolling in Thyme & Dough, boutique shopping along Mercer Street, live music at Hudson's on Mercer, and only minutes from H-E-B, Home Depot, and all that Dripping Springs has to offer. Thoughtfully designed with aging-in-place principles, the home features ADA-friendly elements that provide comfort, accessibility, and long-term livability without sacrificing style. Built by the highly respected Tejas Heritage Homes, it showcases quality craftsmanship and thoughtful architectural details throughout. The inviting outdoor living spaces are perfect for entertaining, featuring covered front and back porches and a beautiful outdoor fireplace overlooking the private backyard. A detached upstairs apartment with its own private entrance, kitchenette, and full bathroom provides incredible flexibility for guests, multigenerational living, a home office, or additional rental income. Currently operating as a successful short-term rental, this property offers immediate investment potential while also presenting a unique opportunity for future commercial use. The property is currently working with the City of Dripping Springs toward potential commercial zoning, making it an excellent option for a boutique medical, dental, or professional office (buyer to independently verify zoning and permitted uses). Whether you're looking to invest, live, work, or enjoy the best of downtown Dripping Springs, opportunities like this are exceptionally rare. Main Home is 1657 square feet (3 BED I 2 Bath) and Garage Apartment is 576 square feet (1 Bed I 1 Bath)
Full Property Details
Full Property Details for 315 Hays St
General
- Price: $850,000
- Taxes: $10,667 (2025)
- Status: Active
- Type: Single Family
- Source: Austin_MLS
- MLS ID: 2737840
- Updated: 7/27/2026
- Added to Site: 19 day(s) ago
Interior
- Interior Features: Beamed Ceilings, Breakfast Bar, Open Beams/Beamed Ceailings, Open Floorplan, Pantry, Recessed Lighting
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Wood Burning
- Appliances: Built-In Electric Range, Dryer, Microwave, Refrigerator, Washer
- Flooring: Concrete
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
- Bedrooms Main: 3
Other Rooms
- Laundry: Main Level
Additional Information
- Shared Amenities: None
- Security/Safety: None
Exterior
- Exterior Features: Basketball Court, Private Entrance
- Porch/Patio/Deck: Rear Porch, Covered, Front Porch, Patio
Parking
- Garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Total Spaces: 6
- Parking Features: Driveway, Garage
Location
- Area: HD
- County: Hays
- Subdivision: W T Chapman #3
- Driving Directions: From Hwy 290 go through the light at Ranch Road 12. Take a left onto Bluff Street which is located just before Rolling in Thyme and Dough. Take a left onto Hays Street. Home is on the immediate right.
- Direction Faces: North
School Information
- Elem School District: Dripping Springs ISD
- Midd School District: Dripping Springs ISD
- High School District: Dripping Springs ISD
- Elementary School: Walnut Springs
- Middle School: Dripping Springs Middle
- High School: Dripping Springs
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Central, Fireplace(s)
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Cable Connected, Electricity Connected, High Speed Internet Available, Phone Available, Sewer Connected, Water Connected
Structural Information
- Detached/Attached: Detached
- Builder: Tejas Heritage LLC.
- Roof: Metal
- Windows: Plantation Shutters, Screens
- Square Feet: 1,933
- Sq. Ft. Source: Public Records
- Living Area: 1,933 Sq. Ft.
- Year Built: 2008
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: Garage Apartment, Guest House, Guest HouseAttached, Residence, See Remarks
Lot Features
- Property View: City
- Lot Size (Acres): 0.3
- Lot Size (Sq. Ft.): 13,068
- Fence: Yes
- Lot Features: City Lot, Sprinklers In Ground
- Fencing (Description): Full, Wood
Financial Considerations
- Assessment Amount: $572,898
- Tax Amount: $10,667.59
- Tax Year: 2025
- Terms: Cash, Conventional, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: None, Survey
- Legal Description: W T CHAPMAN #3 9-2210-18-09 LTS 1-2 & W PT OF 3, 10, 11, 12 BLK 3 0.30 AC. GEO#90403774
- Disclosures/Reports: Seller Disclosure
- Property ID: 1114550300001004
- Block: 3
- Lot Number: 1
Listed by Magnolia Realty Austin Hill Co
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Schools
Schools serving 315 Hays St
School District:Dripping Springs Independent School District
| Name | Grades | Distance |
|---|---|---|
Walnut Springs Elementary School 113 Tiger Lane, Dripping Springs, TX 78620 | PK-5 | 1.6 mi |
Dripping Springs Middle School 111 Tiger Lane, Dripping Springs, TX 78620 | 6-8 | 1.8 mi |
Dripping Springs High School 940 W Hwy 290, Dripping Springs, TX 78620 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 315 Hays St
Date
Details
Price
Change
Source
7/13/2026
Listed
$850,000
—
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 315 Hays St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,253
6%
$572,898
-3%
2023
$9,662
35%
$588,070
2%
2022
$7,143
—
$574,470
51%
2022
$7,143
4%
$379,240
11%
2021
$6,841
6%
$342,500
9%
2020
$6,484
—
$314,620
9%
2018
$6,489
2%
$288,100
3%
2017
$6,348
7%
$280,440
6%
2016
$5,956
-9%
$263,610
-14%
2019
$6,568
16%
$305,440
22%
2015
$5,650
6%
$249,820
6%
2014
$5,343
6%
$236,050
3%
2013
$5,053
—
$228,390
—
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 315 Hays St
315 Hays Street, Dripping Springs, TX 78620 (MLS# 2737840) is a Single Family property with 4 bedrooms and 3 full bathrooms. 315 Hays Street is currently listed for $850,000 and was received on July 13, 2026. Want to learn more about 315 Hays Street? Do you have questions about finding other Single Family 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.

