












































$695,000
701 Cottonwood Creek RD, Dripping Springs, TX 78620
4
beds
3
baths
2,666
sqft
1.35
acres
About this home
Listings checked every few minutes. MLS# 4075910 was Last Updated: 09-19-2026.
Listed by Douglas Elliman Real Estate (512) 866-3795
Listing courtesy of Unlock MLS as distributed by MLS Grid. The information being provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but is not guaranteed accurate by MLS Grid or Unlock MLS.
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What is the Sunset Canyon neighborhood like?
Sunset Canyon is located 25 minutes west of downtown Austin in Dripping Springs, with over 110 homes situated on 1+ acre lots overlooking the Hill Country. The established neighborhood combines Hill Country character with modern conveniences, offering median prices around $730,000. Homes range from 1980s construction to newer builds, many featuring expansive views and mature landscaping. The low tax rate and abundance of acreage attract buyers seeking stability and land ownership without premium pricing typical of closer-in master-planned communities. Properties in Sunset Canyon typically span 1+ acres with mature trees, spacious layouts for horses or agricultural projects, and direct views toward the Texas Hill Country landscape. Real estate values have declined approximately 14% year-over-year as of early 2026, with median days on market around 66-67 days reflecting a shift toward realistic pricing after the previous seller's market. The inventory situation in Dripping Springs broadly shows 8,000 permitted new residential lots across the jurisdiction, creating a buyer-favorable market with realistic pricing.
What employers are near 701 Cottonwood Creek RD?
- Austin-based tech employers (Technology)
- Healthcare systems (Healthcare)
- HEB (Retail)
How does this property compare to others in Sunset Canyon?
701 Cottonwood Creek RD is listed at $695K vs. the $950K median in Sunset Canyon. The neighborhood average is $427/sqft. Homes in Sunset Canyon average 44 days on market.
| Metric | Sunset Canyon |
|---|---|
| Median List Price | $950K |
| Median Sold Price | $775K |
| Average Days on Market | 44 |
| Average Price per Sqft | $427 |
| Active Listings | 11 |
Market data as of September 2026.
Frequently Asked Questions
How much is 701 Cottonwood Creek RD?
701 Cottonwood Creek RD is listed for $695,000. It features 4 bedrooms, 3 bathrooms, 2,666 square feet, 1.347 acres. Built in 1995.
What neighborhood is 701 Cottonwood Creek RD in?
701 Cottonwood Creek RD is located in the Sunset Canyon neighborhood of Dripping Springs, Texas.
How does 701 Cottonwood Creek RD compare to other homes in Sunset Canyon?
The asking price of $695,000 is 26.8% lower than the median home price of $950K in Sunset Canyon. At $261/sqft, it compares to the neighborhood average of $427/sqft.
What are the details of 701 Cottonwood Creek RD?
701 Cottonwood Creek RD was built in 1995, and sits on 1.347 acres of land, and is a single family residence style home.