ActiveResidential · sale

7220 Creek Rd

Dripping Springs, TX 78620

$3,900,000

  • 8 beds
  • 11 baths
  • 7,159 sq ft
  • 15 acres
  • Built 2013

Listed by eXp Realty, LLC · MLS #ACT9408081

A FEW THINGS TO NOTICE

What stands out.

Living spaces

Beyond the main home are multiple additional living quarters ideal for parents, adult children, extended family, guests or caretakers.

Details worth a look

A game room, expansive balcony, and generous indoor and outdoor living areas create abundant space to gather, entertain, and retreat.

Year built

Built in 2013.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Cricket Hill Ranch is a rare 15-acre unrestricted legacy estate along coveted Creek Road in Dripping Springs—an extraordinary opportunity to create a family compound designed to be enjoyed today and carried forward for generations. With multiple residences, expansive acreage, exceptional amenities, and remarkable flexibility, it would be nearly impossible to replicate this combination of land, improvements, square footage, and lifestyle at this value in today’s market. At the heart of the property, the impressive main residence offers a dramatic great room featuring soaring 42' beamed ceilings, a floor-to-ceiling stone fireplace and a wall of windows capturing sweeping Hill Country views and unforgettable sunsets. Four spacious bedrooms each offer an ensuite bath, including primary suites on both the main and upper levels. A game room, expansive balcony, and generous indoor and outdoor living areas create abundant space to gather, entertain, and retreat. What truly sets Cricket Hill Ranch apart is its ability to accommodate multigenerational living without sacrificing privacy. Beyond the main home are multiple additional living quarters ideal for parents, adult children, extended family, guests or caretakers. Improvements include an ~800sf bunk room with bath and kitchenette, two tiny homes, and an ~1,000sf apartment with kitchen, bath, and laundry. 15 unrestricted acres! Bring the horses, expand the compound, create additional living or simply enjoy the privacy and freedom of 15 Hill Country acres. An Ag exemption, barn, open land, resort-style pool, extensive covered outdoor living, reclaimed-wood barn, fire pit, and multiple gathering areas add even greater versatility. Unrestricted, private, and exceptionally difficult to duplicate, Cricket Hill Ranch offers the rare opportunity to own more than a home, it is a true legacy property with the space and flexibility to evolve with your family for generations to come. The best of the Texas Hill Country.

THE NEIGHBORHOOD

Explore the location.

7220 Creek Rd, Dripping Springs, TX 78620

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2013
Full baths
8
Half baths
3
Garage spaces
3
Cooling
Central Air, Ductless, Multi Units, See Remarks
Heating
Central, Fireplace(s)
Appliances
Built-In Refrigerator, Dishwasher, Disposal, Ice Maker, Microwave, Oven, Free-Standing Gas Range, RNGHD, Refrigerator, Washer/Dryer
Flooring
Concrete, Tile, Wood
Fencing
Cross Fenced, Fenced, Full, Gate, Livestock, Perimeter, Wire
Accessibility
FullyAccessible
Pool features
Cabana, Gunite, In Ground, Outdoor Pool, Waterfall
Subdivision
A0008 - WILLIAM H HAGGARD SURVEY
Parcel
1000080025000014
Elementary school
Walnut Springs
Middle school
Dripping Springs Middle
High school
Dripping Springs
Annual property tax
$20,986.30

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$16,250.00
Cap rate

Annual operating income:

Have ERA review this rental estimate

Your property and current assumptions will be included for our team to review.

Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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7220 Creek Rd, Dripping Springs, TX 78620 · MLS #ACT9408081

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Listing information

MLS #ACT9408081 · Austin Board of Realtors

Listing brokerage: eXp Realty, LLC
Listing agent: Tracy Godfrey

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.