Welcome to 401 Lost Valley Road, where timeless Hill Country charm blends with nature and tranquility on a breathtaking slice of Dripping Springs. This Saltbox-style home is nestled on a private, tree-covered lot that offers unparalleled serenity, spectacular creek and wildlife views, and the perfect combination of classic country elegance and modern convenience. The property consists of two separate legal lots, totaling 9.506 acres. Inside, you'll find a spacious loft-style sleeping area with stunning views, wood beams and patio doors that invite the morning light. Downstairs, an open-concept kitchen features solid surface countertops, stainless steel appliances, and gleaming wood floors. A fully remodeled bathroom with a walk-in shower completes the lower level. Step outside and immerse yourself in the beauty of the natural landscape, where a gently flowing Sycamore Creek and mature trees create a peaceful sanctuary. Ample space for a pool, future expansion, gardening, or simply enjoying nature. Star-filled nights can be spent in front of the oversized outdoor wood-burning fireplace, cooking at the full outdoor kitchen, or by the edge of Sycamore Creek. Just minutes from downtown Dripping Springs and H-E-B, this property offers the perfect balance of seclusion and convenience. Whether you're seeking a private retreat or a unique investment opportunity, The Cottage By The Creek is a rare find and the perfect place to live while you build your forever home. Currently, this income-producing short-term rental includes a carport, well, septic system, and additional structures for storage/creative use. Property can be purchased with all fixtures and equipment if desired. Perfect as a secluded home, weekend getaway, short-term rental, or private sanctuary, this exceptional property captures the best of Hill Country living, all while being just minutes from Dripping Springs' wineries, top-rated schools, restaurants, and shopping. Built in 1992 and remodeled in 2012.
Single-familyProperty Type
1992Year Built
9.51 acresLot Size
$1,195Est. Price/Sq.Ft.
6 spacesParking
Listed by Steve Mallett• Keller Williams Realty
Contact: (512) 627-7018
Bought with Kristina Metcalf• Magnolia Realty Austin Hill Co
Description: Loft primary bedroom with patio doors.
Features: High Ceilings, See Remarks
Level: Second
Laundry Information
Features: Outside
Fireplace Information
Has Fireplace
# of Fireplaces: 1
Features: Outside, Wood Burning
Equipment
Appliances: Convection Oven, Dishwasher, Electric Water Heater, Free-Standing Range, Microwave, Refrigerator, Water Softener Owned, Stainless Steel Appliance(s), Tankless Water Heater
Interior Features
Window Features: Aluminum Frames, Screen(s)
Flooring: Wood
Other Features: Cedar Closet(s), French Door(s)/Atrium Door(s), High Ceilings, Interior Steps, Wired for Sound
Exterior
Building Information
Stories: 2
Year Built Source: Public Records
Roof Details: Metal
Construction Details: Frame, Masonry
Exterior Features
Exterior Features: See Remarks
Patio And Porch Features: Patio
Other Structures: Shed(s)
Security Features: Smoke Detector(s)
Lot Information
Lot Size Area: 9.506
Lot Size Acres: 9.506
Lot Features: Back Yard, Cleared, Gentle Sloping, Native Plants, Many Trees, Split Possible
Waterfront Features: Creek, Stream
Property Information
Has View
Direction Faces: East
Foundation Details: Pillar/Post/Pier
Resale
Financial
Assessments and Fees
Assessed Value: $8,809
Tax Information
Annual Tax Amount: $8,809
Tax Year: 2024
Utilities
Utility Information
Utilities: Electricity Connected, Water Connected
Sewer: Septic Tank
Water Source: Well
Heating & Cooling
Has Cooling
Cooling: Ceiling Fan(s), Wall/Window Unit(s)
Has Heating
Heating: Central
Public facts
Beds: 1
Baths: 1.0
Sq. Ft.: 739
Stories: —
Lot Size: 5.01 acres
Style: Single Family Residential
Year Built: 1992
Year Renovated: 1992
County: Hays County
APN: R91883
Home facts updated by county records on Aug 10, 2026
Around this home
Schools
Dripping Springs Elementary School
Public PreK-5 • Assigned • 7.7mi
9/10
Dripping Springs Middle School
Public 6-8 • Assigned • 6.3mi
8/10
Dripping Springs High School
Public 9-12 • Assigned • 7.2mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
6/10 Fire Factor
10% chance of being in a wildfire in next 30 years
8/10 Heat Factor
8 days above 106° expected this year, 25 days in 30 years
6/10 Wind Factor
67% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Dripping Springs, TX • 78620
Average low and high temperatures (°F)
58
37
68
46
79
55
80
61
85
64
90
73
89
73
96
73
90
68
87
62
75
53
66
46
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.4 hours in
June and 5 hours in December, which is comparable to the
U.S. average for solar exposure.
9.4 hrs
5 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$840,000 – $1.02M
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