Market Overview for Caliterra

There are 14 active listings in Caliterra with a median list price of $890K and a median sold price of $890K.

Homes average 46 days on market.

Over the past 30 days, 3 homes have sold, with 53 sales in the past 12 months.

The average price per square foot is $315.

About Caliterra

Caliterra is a master-planned community in Dripping Springs, Texas, located along US-290 West approximately 25 miles southwest of downtown Austin. Developed by Brookfield Residential beginning in 2017, the community is set on 600+ acres of rolling Hill Country terrain with preserved open space, heritage oaks, and views that define the Dripping Springs landscape. Caliterra is designed around an outdoor lifestyle, with an extensive trail network and nature-focused amenities.

Homes in Caliterra range from approximately $400,000 to $800,000+, with custom and semi-custom options pushing above $1 million on premium lots. Builders include Drees Custom Homes, CalAtlantic (now Lennar), and other production and semi-custom builders offering Hill Country-inspired architecture with stone, stucco, and metal roof accents. Floor plans range from 1,800 to 4,500+ square feet on lots that typically range from 60 to 80+ feet wide.

Caliterra is served by Dripping Springs Independent School District (Dripping Springs ISD), consistently ranked among the TEA A-rated districts in Texas by the Texas Education Agency. Students attend Dripping Springs ISD campuses including Dripping Springs High School, which is known for strong academics, athletics, and community engagement. The district's high performance is a primary driver of home values in the Dripping Springs area.

US-290 provides the main commute route to Austin, with downtown approximately 30-40 minutes east depending on traffic. Dripping Springs' historic town center along Mercer Street has restaurants, boutiques, and a farmers market. The Hill Country's wineries, distilleries, and breweries along US-290 West are a defining feature of the area's lifestyle.

Living in Caliterra

Caliterra draws Hill Country lifestyle seekers who want a newer master-planned community with Dripping Springs ISD schools and genuine outdoor amenities. The community's 600+ acres include over 100 acres of preserved open space, a 5-mile trail network, community gardens, and an amenity center with a resort-style pool — all set against rolling terrain with heritage oaks.

Homes in the $400K-$800K+ range offer Hill Country architecture with modern floor plans and energy-efficient construction. The Dripping Springs ISD schools are among the TEA's highest-rated in Texas, and the community's location along the US-290 wine trail provides weekend entertainment without leaving the area. The primary trade-off is the commute: 30-40 minutes to downtown Austin via US-290, which can be longer during peak hours. For remote workers or those willing to trade commute time for Hill Country living, Caliterra delivers a quality of life that closer-in Austin neighborhoods cannot match at comparable price points.