701 Oakwood Ln Dripping Springs, TX $ 1,190,000
701 Oakwood Ln
$ 1,190,000
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701 Oakwood Ln

Dripping Springs, TX, 78620
$ 1,190,000
Bedrooms5 Baths3.1 Sq 4,876

Monthly Estimate*

$ 7,514

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Single Family Home for sale in Dripping Springs, TX

for $1,190,000 with 5 bedrooms and 3 full baths, 1 half bath. This 4,876 square foot home was built in 1991 on a lot size of 1.479.

Rare opportunity in Sunset Canyon featuring a beautifully renovated 5-bedroom main home plus a fully independent 1-bedroom apartment with its own kitchen, living room, bath, and private entrance. Ideal for multi-generational living, long-term guests, a private home office, or rental income potential. Situated on a flat, fully fenced 1.48-acre lot with majestic oak trees, extensive upgrades, and nearly 4,900 sqft. of total living space. Step inside to a light-filled main level where the living room w/ a cozy fireplace flows effortlessly into a formal dining room & a beautifully remodeled kitchen designed for gathering. Large windows frame peaceful backyard views, while a powder bath & dedicated laundry room add everyday convenience. The main-level primary suite is a true retreat, tucked away for privacy & overlooking the serene backyard. Complete w/ a spacious ensuite bath & an oversized walk-in closet, it’s designed to feel like your own personal sanctuary. Upstairs, a second living area w/ its own fireplace creates the perfect flex space for movie nights, play, or relaxation. Four generously sized secondary bedrooms & two full bathrooms provide plenty of room for everyone. And then, the bonus you didn’t know you needed—a fully renovated 1BR/1BA guest apartment w/ a full kitchen & spacious living area, privately connected by a covered deck. Out back, enjoy a covered patio overlooking the spacious yard & stunning oak tree ideal for quiet mornings, entertaining, or simply unwinding. The three-car garage adds the finishing touch, offering both function and flexibility. Nestled in sought-after Sunset Canyon, this home blends Hill Country serenity with everyday convenience. Located along Highway 290 with easy access to Austin and zoned to the highly acclaimed Dripping Springs Independent School District, this neighborhood is known for its space, quality, and community.

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Single Family Active

Price

$ 1,190,000

Bedrooms

5

Full Bath

3

Half Bath

1

Property Type

Single Family

Taxes

$ 11,951

Style

Single Family Residence

Lot Size

1.479

Year Built

1991

Town/City

Dripping Springs

County/Region

Hays

MLS | Web ID

6576901

Features
General
Living Area 4876
Sewer Septic Tank
Heating Central Fireplace(s)
Cooling Ceiling Fan(s) Central Air
Utilities Electricity Available Water Available
Roof Shingle
Appliances Dishwasher Disposal Exhaust Fan Microwave Oven Range
Garage Spaces 3
Patio/Porch Features Front Porch Patio
Pool Features None
Security Features Smoke Detector(s)
Construction Materials Brick
Year Built 1991
View None
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
Waterfront Features None
Community Features Park Trail(s)
Accessibility None
County Hays
New Construction N
Property Type Residential
HOA N
Energy Efficient None
Subdivision Name Sunset Canyon Sec 4
Facing Direction North
Green Sustainability None
Other Structures See Remarks
Full Baths 3
Status Active Under Contract
Directions Hwy 290 W. (R) Canyonwood (R) Oakwood
High School Dripping Springs
City Dripping Springs
Disclosures Seller Disclosure Seller Provided Survey Available
Association Name Sunset Canyon
MLS Area HD
Lot Size Square Feet 64425.24
Elementary School Dripping Springs
Tax Annual Amount 5675.83
Middle/Junior High School Dripping Springs Middle
Property Condition Updated/Remodeled
Virtual Tour https://view.comeandshootitphotography.com/order/817dba44-d8e9-48bf-dbd9-08de90c21b87?branding=false https://view.comeandshootitphotography.com/order/817dba44-d8e9-48bf-dbd9-08de90c21b87
Standard Status Active Under Contract
Year Built Source Public Records
Tax Assessed Value 730818
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Interior
Interior Amenities Ceiling Fan(s) Ceiling-High Quartz Counters Double Vanity Kitchen Island Multiple Living Areas Pantry Primary Bedroom on Main Recessed Lighting Walk-In Closet(s)
Flooring Tile Vinyl Wood
Total Fireplaces 2
Fireplace Features Family Room Living Room
Window Features Vinyl Windows
Half Baths 1
Total Bedrooms 5
Main Level Bedrooms 1
Total Baths 4
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Exterior
Exterior Amenities Private Yard
Fencing Back Yard Fenced
Parking Features Attached Driveway Garage Garage Door Opener
Lot Features Back Yard Front Yard Trees-Moderate
Water Source MUD
Total Parking 6
Foundation Details Slab
Lot Size Acres 1.479
Waterfront Y/N N
Covered Spaces 3
Horse Y/N N
Horse Amenities None
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Internal Only
Street Number 1 701
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* Excluded Features
List By
Jessica Licona

Listing Agent

Exp Realty, Llc

Broker

jessica@liconateam.com

Email

Affordability Calculator

$8,510
Per Month
88%
12%
0%
Monthly Principal & Interest
$7,514
Monthly Property Taxes
$996
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4360248 Elementary School
4360235 Middle School
Dripping Springs High School High School
Pricing History
DatePricePrice ChangeDescription
5/21/2026$1,190,000 -4.80% Price Down
4/27/2026$1,250,000 Listed Price

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701 Oakwood Ln, Dripping Springs, TX, 78620 is a Single Family Home for sale at $1,190,000 with 4,876 sqft and a lot size of 1.479. 701 Oakwood Ln has 5 bedrooms, 3.1 baths, and was built in 1991. The property's zip code is 78620 which is in Dripping Springs, TX