315 Hays
Dripping Springs, TX 78620
$850,000
- 4 beds
- 3 baths
- 1,933 sq ft
- 0.3 acres
- Built 2008
Listed by Magnolia Realty Austin Hill Co · MLS #ACT2737840
A FEW THINGS TO NOTICE
What stands out.
Living spaces
Main Home is 1657 square feet (3 BED I 2 Bath) and Garage Apartment is 576 square feet (1 Bed I 1 Bath)
Year built
Built in 2008.
Garage parking
2 garage spaces listed.
Highlights from the listing description and property details. Confirm features with the listing agent.
THE PROPERTY
Get to know the property.
Enjoy being just steps from Pig Pen BBQ, Rolling in Thyme & Dough, boutique shopping along Mercer Street, live music at Hudson's on Mercer, and only minutes from H-E-B, Home Depot, and all that Dripping Springs has to offer.
Thoughtfully designed with aging-in-place principles, the home features ADA-friendly elements that provide comfort, accessibility, and long-term livability without sacrificing style. Built by the highly respected Tejas Heritage Homes, it showcases quality craftsmanship and thoughtful architectural details throughout.
The inviting outdoor living spaces are perfect for entertaining, featuring covered front and back porches and a beautiful outdoor fireplace overlooking the private backyard. A detached upstairs apartment with its own private entrance, kitchenette, and full bathroom provides incredible flexibility for guests, multigenerational living, a home office, or additional rental income.
Currently operating as a successful short-term rental, this property offers immediate investment potential while also presenting a unique opportunity for future commercial use. The property is currently working with the City of Dripping Springs toward potential commercial zoning, making it an excellent option for a boutique medical, dental, or professional office (buyer to independently verify zoning and permitted uses).
Whether you're looking to invest, live, work, or enjoy the best of downtown Dripping Springs, opportunities like this are exceptionally rare.
Main Home is 1657 square feet (3 BED I 2 Bath) and Garage Apartment is 576 square feet (1 Bed I 1 Bath)
THE NEIGHBORHOOD
Explore the location.
315 Hays, Dripping Springs, TX 78620
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THE DETAILS
The details, all in one place.
- Property type
- Residential
- Category
- Residential
- Year built
- 2008
- Full baths
- 3
- Half baths
- 0
- Garage spaces
- 2
- Cooling
- Ceiling Fan(s), Central Air
- Heating
- Central, Fireplace(s)
- Appliances
- Built-In Electric Range, Microwave, Refrigerator, Washer/Dryer
- Flooring
- Concrete
- Fencing
- Full, Wood
- Accessibility
- Accessible Closets, Accessible Doors, Accessible Entrance, Accessible Full Bath, FullyAccessible, Accessible Hallway(s), Lower Fixtures
- Pool features
- None
- Subdivision
- W T Chapman #3
- Parcel
- 1114550300001004
- Elementary school
- Walnut Springs
- Middle school
- Dripping Springs Middle
- High school
- Dripping Springs
- Annual property tax
- $10,667.60
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.
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.
Understand the opportunity.
Review rental pricing, property condition and your ownership goals with a local professional.
Make a strong first impression.
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Stay connected to your investment.
Get support with rent collection, resident communication, maintenance coordination and owner reporting.

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 ManagementResidential 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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315 Hays, Dripping Springs, TX 78620 · MLS #ACT2737840
More in Dripping Springs.
Listing information
MLS #ACT2737840 · Austin Board of Realtors
Listing brokerage: Magnolia Realty Austin Hill Co
Listing agent: Heather Jones
Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

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