Question 1

What is the Dripping Springs housing market like in 2026?

Accepted Answer

It's a corrected, more buyer-friendly market than the past few years — prices have pulled back from their peak, homes are taking longer to sell, and buyers have more negotiating room than in 2021–2022.

Question 2

How much do homes in Dripping Springs cost?

Accepted Answer

MLS data through spring 2026 puts the trailing 12-month median sale price at roughly $625,000–$630,000, though the number varies by neighborhood, home age, and lot size — see the market update page for the current month's figure.

Question 3

Is now a good time to buy in Dripping Springs?

Accepted Answer

For buyers, there's real leverage right now — homes are averaging roughly two months on market or more, and price reductions are common. Talk to Tracy or Herb about the current negotiating environment in the specific neighborhood you're considering.

Question 4

What new-construction communities are in Dripping Springs?

Accepted Answer

The major 2026 developments are Double L Ranch (2,200+ homes), Wild Ridge (900+ homes), and Headwaters (1,000 lots), part of more than 8,000 newly permitted lots across the city and its extraterritorial jurisdiction, with additional inventory coming from the Caliterra expansion.

Question 5

How long do homes take to sell in Dripping Springs?

Accepted Answer

Recent data shows an average in the range of roughly two to four months depending on price point and condition — well-priced, move-in-ready homes sell noticeably faster than the average.

Question 6

What school district is Dripping Springs in?

Accepted Answer

Most of the area is served by Dripping Springs ISD, which is generally ranked the top school district in Hays County. Some outlying addresses may fall in a neighboring district — confirm zoning for any specific address.

Question 7

Do Dripping Springs homes have MUD taxes?

Accepted Answer

Some do. Several newer developments, including Double L Ranch, sit inside a municipal utility district, which adds a MUD tax on top of the base property tax rate. Always underwrite the total tax rate for the exact lot rather than the city average.

Question 8

How far is Dripping Springs from Austin?

Accepted Answer

Roughly 25 minutes west of Austin via Hwy 290, depending on traffic and where in the area you're starting from — close enough to commute, far enough to keep the Hill Country setting.

Question 9

Who should I contact about buying or selling in Dripping Springs?

Accepted Answer

Tracy Godfrey is the primary local contact — call or text 512-954-1300 or email tracy@tracygodfrey.com. Herb Agapetus is available as backup at 512-905-1923.

Dripping Springs Real Estate FAQ

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