24.83 acres of ag exempt beautiful pastures right in the heart of Dripping Springs and the Lone Star State's beloved Texas Hill Country. Completely renovated homestead with 4 bedrooms, 3 bathrooms, a wood burning fireplace, stainless steel appliances, and wood floors throughout. Owner is willing to subdue and sell the 12 acre vacant lot as well. Live in the house while you build your dream home or purchase as an investment. Ideally located on a quiet and private road, a few minutes from the highly desirable West Fitzhugh & Bell Springs Road. Beautiful pasture views, flat lot and mature trees. Great for horses. Minimal restrictions. Residential only. Completely fenced. Dripping Springs ISD. Very low tax rates due to ag exemption. 4 Minutes to Texas Hill Country Olive Company & 12 Fox Beer Company. 14 minutes to Mercer Street in Downtown Dripping. 24 Minutes to Hill Country Galleria. Currently leased through June 2027.
24.83 acres of ag exempt beautiful pastures right in the heart of Dripping Springs and the Lone Star State's beloved Texas Hill Country. Completely renovated homestead with 4 bedrooms, 3 bathrooms, a wood burning fireplace, stainless steel appliances, and wood floors throughout. Owner is willing to subdue and sell the 12 acre vacant lot as well. Live in the house while you build your dream home or purchase as an investment. Ideally located on a quiet and private road, a few minutes from the highly desirable West Fitzhugh & Bell Springs Road. Beautiful pasture views, flat lot and mature trees. Great for horses. Minimal restrictions. Residential only. Completely fenced. Dripping Springs ISD. Very low tax rates due to ag exemption. 4 Minutes to Texas Hill Country Olive Company & 12 Fox Beer Company. 14 minutes to Mercer Street in Downtown Dripping. 24 Minutes to Hill Country Galleria. Currently leased through June 2027.
Unlock MLS #6855504
Aug 28, 2026
Listed
$1,565,000
$699/sq ft
ACTRIS #9130552
Jun 27, 2025
Rental Removed
$3,900
$2/sq ft
May 14, 2025
Listed for Rent
$3,900
$2/sq ft
Unlock MLS #3350148
Apr 30, 2025
Listed
*
ACTRIS #5062080
Jun 1, 2024
Rental Removed
$3,600
$2/sq ft
Mar 19, 2024
Price Changed
$3,600
$2/sq ft
Feb 13, 2024
Listed for Rent
$3,900
$2/sq ft
Jan 28, 2024
Rental Removed
$3,900
$2/sq ft
Jan 11, 2024
Price Changed
$3,900
$2/sq ft
Nov 13, 2023
Price Changed
$3,600
$2/sq ft
Oct 11, 2023
Listed for Rent
$3,950
$2/sq ft
NTREIS #199843
Jun 10, 2021
Sold
*
Mar 1, 2021
Listed
$1,200,000
$536/sq ft
HARMLS #11830775
Jun 10, 2021
Sold
$995K - $1.15M
Apr 29, 2021
Pending
—
Mar 1, 2021
Listed
$1,200,000
$536/sq ft
LERA #1511676
Apr 29, 2021
Pending
—
Mar 1, 2021
Listed
$1,200,000
$536/sq ft
CTXMLS #432828
Apr 29, 2021
Pending
—
Mar 1, 2021
Listed
$1,200,000
$536/sq ft
Unlock MLS #3068662
Apr 29, 2021
Pending
—
Mar 1, 2021
Listed
$1,200,000
$536/sq ft
Unlock MLS #5687289
May 26, 2021
Pending
—
Mar 1, 2021
Listed
$1,200,000
$536/sq ft
LERA #1511666
Mar 1, 2021
Listed
$1,200,000
$536/sq ft
* Price is not available or MLS listing is off market.
Year
Property tax
Land + Additions
Assessment*
2025
$6,374 (+2.9%)
$80,920 + $308,840
$389,760
2024
$6,192 (−8.9%)
$80,920 + $314,990
$395,910
2023
$6,795 (−34.4%)
$80,920 + $369,070
$449,990
2022
$10,354 (+128.9%)
$42,330 + $564,740
$607,070
2021
$4,524 (+1.4%)
$42,330 + $207,960
$250,290
2020
$4,461 (+7.3%)
$42,330 + $196,130
$238,460
2019
$4,160 (+4.0%)
$21,950 + $190,220
$212,170
2018
$4,001 (+2.0%)
$14,630 + $179,380
$194,010
2017
$3,921 (+5.3%)
$14,630 + $174,450
$189,080
2016
$3,724 (+5.1%)
$14,630 + $174,450
$189,080
2015
$3,542 (+5.4%)
$14,630 + $163,610
$178,240
2014
$3,359 (+4.7%)
$14,630 + $145,870
$160,500
2013
$3,209
$14,630 + $145,870
$160,500
2012
$3,209 (−5.9%)
$14,630 + $140,940
$155,570
2011
$3,411 (+6.2%)
2010
$3,212 (−2.0%)
2009
$3,277
Public record
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
2.01 Acres
Year renovated
—
Finished Sq. Ft.
2,240
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,240
Year built
—
Style
Single Family Residential
County
Hays County
APN
R20991
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 10, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
6/10 Fire Factor
8% chance of being in a wildfire in next 30 years
8/10 Heat Factor
7 days above 107° expected this year, 23 days in 30 years
6/10 Wind Factor
66% chance of strong winds in next 30 years
2/10 Air Factor
0 unhealthy days expected this year, 1 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
95
72
90
68
87
62
75
53
66
46
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
99/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Dripping Springs. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
11.2 hrs
8.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 501 Myers Creek Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently listed between $825,000 and $1,150,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $825K to $1.3M.