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$450,000
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Property Description
Discover the perfect blend of privacy, beauty, and tax savings on this 7+ acre Hill Country property with an agricultural exemption in place for lower property taxes. The development maintains the ag exemption by running cattle, allowing owners to enjoy the benefits without the work. This mostly level tract offers an excellent building site surrounded by mature hardwood trees, while the back of the property gently slopes down to a seasonal dry creek, adding character and natural beauty. A barn is already in place and would make an ideal horse barn, workshop, or storage building. The current owner also has house plans available, providing a head start on creating your dream property. Whether you're looking for a homesite, horse property, or a peaceful Hill Country retreat, this acreage offers endless potential. Schedule your showing today and come experience all it has to offer.
Full Property Details
Full Property Details for 320 Valley Oak Dr
General
- Price: $450,000
- HOA FEE: $10/month
- HOA FEE FREQ.: Annually
- Taxes: $1,085 (2025)
- Status: Active
- Type: Lots/Land
- Source: Austin_MLS
- MLS ID: 6551535
- Updated: 6/11/2026
- Added to Site: 87 day(s) ago
Additional Information
- Shared Amenities: None
Location
- Area: HD
- County: Hays
- Subdivision: Valley Oak
- Driving Directions: Take 290W passed Dripping Springs, Turn R on McGregor, Turn L on Fitzhugh (also CR 101), Stay on CR101, Turn L on Valley Oak. Property on the Right side of Road
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
Community
- Association: Yes
- Assoc. Name: Valley Oak HOA
- Assoc. Fees Include: Common Area Maintenance
Utilities
- Sewer: Septic Needed
- Water: Well
- Well: Yes
- Utility Description: Above Ground Utilities, Electricity Connected, Propane, Phone Available, Sewer Not Available, Water Not Available
Structural Information
- Detached/Attached: Detached
- Property Condition: To Be Built
Additional Structures
- Other Structures: None
Lot Features
- Property View: Hills
- Lot Size (Acres): 7.368
- Lot Size (Sq. Ft.): 320,950.08
- Fence: Yes
- Lot Features: Agricultural, Gentle Sloping, Interior Lot, Level, Moderate Trees, Trees Large Size, Trees Medium Size, Views
- Potential Use: Livestock
- Fencing (Description): Livestock
Horse Property
- Horse Property: Yes
- Horse Facility Desc.: Barn
Water Features
- Water Front Desc.: Seasonal
Financial Considerations
- Association Fee: $125
- Assoc Fee Freq.: Annually
- Assessment Amount: $89,290
- Tax Amount: $1,085.54
- Tax Year: 2025
- Terms: Cash, Conventional, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Site Plan, Survey
- Multiple Parcels: Yes
- Legal Description: VALLEY OAK, LOT 21, ACRES 7.368
- Disclosures/Reports: Other
- Property ID: 1191230000021004
- Lot Number: 21
Listed by Keller Williams Wimberley
Get Pre-Approved Today
Schools
Schools serving 320 Valley Oak Dr
School District:Dripping Springs Independent School District
| Name | Grades | Distance |
|---|---|---|
Walnut Springs Elementary School 113 Tiger Lane, Dripping Springs, TX 78620 | PK-5 | 6.6 mi |
Dripping Springs Middle School 111 Tiger Lane, Dripping Springs, TX 78620 | 6-8 | 6.4 mi |
Dripping Springs High School 940 W Hwy 290, Dripping Springs, TX 78620 | 9-12 | 7.3 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 320 Valley Oak Dr
Date
Details
Price
Change
Source
6/11/2026
Listed
$450,000
—
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 320 Valley Oak Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,086
4%
$66,380
—
2023
$1,048
181%
$66,290
266%
2018
$373
—
$18,100
—
2017
$374
5%
$18,050
-1%
2019
$356
-5%
$18,180
1%
2016
$375
—
$17,960
—
2015
$374
1%
$17,900
—
2013
$369
—
$17,900
—
2013
$369
—
$17,870
—
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 320 Valley Oak Dr
320 Valley Oak Drive, Dripping Springs, TX 78620 (MLS# 6551535) is a Lots/Land property with a lot size of 7.368 acres. 320 Valley Oak Drive is currently listed for $450,000 and was received on June 11, 2026. Want to learn more about 320 Valley Oak Drive? 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.

