900 Morgan Hill

Dripping Springs, TX 78620

$700,000

3 beds
2 baths
2,290 sq ft
0.59 acres
Built 1996

Listed by Mercer Street Group, LLC · MLS #ACT2128379

900 Morgan Hill, Dripping Springs, TX 78620 — photo 1

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A FEW THINGS TO NOTICE

What stands out.

Living spaces

The family room flows seamlessly into the dining area and kitchen, with patio doors opening directly to the large outdoor living space.

Details worth a look

Enjoy spectacular sunrises from the expansive back stone patio, with long-range views overlooking Dripping Springs, while the front of the property showcases sweeping Hill Country vistas and unforgettable sunset views.

Year built

Built in 1996.

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

THE PROPERTY

Get to know the property.

Perched atop Morgan Hill, this beautifully remodeled 3-bedroom, 2-bath home offers breathtaking panoramic views and an unbeatable location in downtown Dripping Springs. Enjoy spectacular sunrises from the expansive back stone patio, with long-range views overlooking Dripping Springs, while the front of the property showcases sweeping Hill Country vistas and unforgettable sunset views.

Completely remodeled in 2025, this move-in-ready home features a spacious open-concept floor plan designed for comfortable living and entertaining. The family room flows seamlessly into the dining area and kitchen, with patio doors opening directly to the large outdoor living space. A generous flex room provides endless possibilities and can easily serve as a fourth bedroom, home office, media room, music room, playroom, or workout space.

Situated on a quiet and private 0.6-acre lot, the property is surrounded by mature trees and thoughtful landscaping, creating a peaceful retreat with abundant shade and natural beauty. The fenced backyard offers additional privacy and space for pets, play, or gardening.

Convenience is just as impressive as the setting. Located within a one-mile radius of Dripping Springs Elementary, Middle, and High School, and just minutes from grocery stores, restaurants, shopping, and everyday essentials, you'll enjoy the perfect balance of privacy and accessibility.

Private, practical, and beautifully updated, this exceptional home is a rare opportunity to enjoy Hill Country living with all the conveniences of downtown Dripping Springs just moments away.

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THE NEIGHBORHOOD

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900 Morgan Hill, Dripping Springs, TX 78620

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THE DETAILS

The details, all in one place.

Property type: Residential
Category: Residential
Year built: 1996
Full baths: 2
Half baths: 0
Garage spaces: 0
Cooling: Central Air
Heating: Central
Appliances: Dishwasher, Dryer, Exhaust Fan, Gas Cooktop, Gas Range, Microwave, Gas Oven, Refrigerator, Stainless Steel Appliance(s), Washer, Water Heater
Flooring: Laminate, Tile
Fencing: Chain Link
Accessibility: None
Pool features: None
Subdivision: Meadow Oaks Ph I
Parcel: 1153350000035004
Elementary school: Walnut Springs
Middle school: Dripping Springs Middle
High school: Dripping Springs
Annual property tax: $8,982.76

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$2,916.67

Cap rate—

Annual operating income: —

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Purchase price

Rental income & operating costs

Estimated monthly rent

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

Vacancy allowance (%) Management fee (%) Maintenance reserve (%) Capital reserve (%)

Annual property tax

Annual insurance

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.

Monthly HOA

Other monthly costs

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

Down payment (%) Interest rate (%) Loan term

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

Estimated monthly principal & interest—Loan 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

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

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Make a strong first impression.
Bring together property preparation, professional marketing and applicant screening.
Stay connected to your investment.
Get support with rent collection, resident communication, maintenance coordination and owner reporting.

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Stone-front home with a landscaped lawn and central entry — A more complete plan for your property

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

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900 Morgan Hill, Dripping Springs, TX 78620 · MLS #ACT2128379

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Listing information

MLS #ACT2128379 · Austin Board of Realtors

Listing brokerage: Mercer Street Group, LLC
Listing agent: Edith Austin

Listing status: Active. Record updated July 4, 2026. Confirm current availability and price with the listing agent.