ActiveResidential · sale

1296 Trebled Waters Trl

Driftwood, TX 78619

$1,550,000

  • 5 beds
  • 4 baths
  • 3,595 sq ft
  • 3.06 acres
  • Built 2017

Listed by Compass RE Texas, LLC · MLS #ACT2377217

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1296 Trebled Waters Trl, Driftwood, TX 78619 · MLS #ACT2377217

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A FEW THINGS TO NOTICE

What stands out.

Living spaces

At the heart of the home, an expansive living room with soaring vaulted ceilings is anchored by a striking stone fireplace, creating a warm and welcoming gathering space.

Year built

Built in 2017.

Garage parking

4 garage spaces listed.

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

THE PROPERTY

Get to know the property.

Welcome to 1296 Trebled Waters, a thoughtfully designed custom home in the highly sought-after Howard Ranch community, where timeless architecture meets the natural beauty of the Texas Hill Country. Built in 2017 on over 3 acres with classic, enduring finishes, this exceptional property offers 3,235 square feet in the main residence, featuring 4 bedrooms, 2.5 bathrooms, and inviting spaces designed for both everyday living and effortless entertaining.

At the heart of the home, an expansive living room with soaring vaulted ceilings is anchored by a striking stone fireplace, creating a warm and welcoming gathering space. Just beyond, a light-filled sunroom with oversized windows provides views of the surrounding acreage, where native wildflowers, mature oak trees, a variety of birdlife, and Central Texas wildlife can be admired.

One of the property's most remarkable features is its direct access to Onion Creek, with an impressive 179 feet of private creek frontage. The property line extends beyond the opposite side of the creek, ensuring this portion of the creek will remain private and undeveloped. The outdoor experience continues with a beautifully constructed treehouse, a zip line and a fire pit for enjoying the star-filled skies.

A detached garage apartment adds approximately 360 square feet of flexible living space, complete with a full bedroom and bathroom, making it ideal for overnight guests, extended family, or a private home office. Car enthusiasts and hobbyists will appreciate the four garage spaces, including two extended-length bays perfectly suited for oversized vehicles, boats, or recreational equipment.

This property is minutes from the boutiques, restaurants, and conveniences of downtown Dripping Springs, with some of the area's favorite breweries, distilleries. Offering privacy, recreation, and an exceptional Hill Country lifestyle, this is a rare opportunity to own one of Howard Ranch's most desirable creekside properties.

THE NEIGHBORHOOD

Explore the location.

1296 Trebled Waters Trl, Driftwood, TX 78619

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LOCAL MARKET CONTEXT

Hays County housing market

See the broader conditions surrounding this property through ERA Brokers Consolidated research.

12-month price trend$376,741Up 1.8% vs. the previous 12 months
Months of supply5.312-month average
Days on market9112-month weighted average

These figures describe the broader reporting area and do not determine this property’s value, condition, availability, or likely sale price.

THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2017
Full baths
3
Half baths
1
Garage spaces
4
Cooling
Ceiling Fan(s), Central Air, Wall/Window Unit(s)
Heating
Central, Propane
Appliances
Refrigerator, Washer/Dryer
Flooring
Tile, Wood
Fencing
None
Accessibility
None
Pool features
None
Subdivision
Howard Ranch Sec 1
Parcel
114220000A010004
HOA
Howard Ranch HOA
HOA amenities
Maintenance Grounds
HOA fee frequency
Annually
Elementary school
Dripping Springs
Middle school
Dripping Springs Middle
High school
Dripping Springs
Annual property tax
$21,716.90
HOA fee
$2,200.00

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$2,672.34
Estimated monthly rent$6,458.33
Cap rate2.32%

Annual operating income: $35,943.11

HOA: Includes $183.33 per month in HOA dues, converted from the $2,200.00 annual fee reported by the listing source.

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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

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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.

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  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.

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Stone-front home with a landscaped lawn and central entry
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Listing information

MLS #ACT2377217 · Austin Board of Realtors

Listing brokerage: Compass RE Texas, LLC
Listing agent: Miranda Molen

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