Market Overview for The Preserve

There are 2 active listings in The Preserve with a median list price of $1.7M and a median sold price of $1.7M.

Over the past 30 days, 0 homes have sold, with 3 sales in the past 12 months.

The average price per square foot is $436.

About The Preserve

The Preserve is a residential subdivision located in the Dripping Springs area of Hays County, Texas, within the 78620 zip code. The community sits along Ranch Road 12 (RR 12) south of the city of Dripping Springs, approximately 25 miles southwest of downtown Austin. The subdivision was developed in the 2010s on rolling Hill Country terrain with native oaks, limestone outcroppings, and seasonal creek corridors. Lots in The Preserve range from one-half acre to over one acre, with homes set back from the road behind native landscaping and stone entry features.

Home prices in The Preserve typically range from $500,000 to $900,000 depending on lot size, square footage, and finish level. Properties include single-family homes of approximately 2,000 to 4,000 square feet with three to five bedrooms, attached two- or three-car garages, and covered porches or patios. Construction materials include native limestone, stucco, and standing-seam metal roofing consistent with Hill Country architectural standards. Many homes feature open floor plans with high ceilings, stone accent walls, and outdoor living areas oriented toward Hill Country views.

Dripping Springs ISD serves The Preserve. Students in the area are typically zoned to Walnut Springs Elementary School, Dripping Springs Middle School, and Dripping Springs High School. Walnut Springs Elementary serves grades pre-K through 5 with approximately 750 students. Dripping Springs Middle School enrolls roughly 1,000 students in grades 6 through 8. Dripping Springs High School serves grades 9 through 12 with approximately 1,800 students and offers Advanced Placement courses, dual-credit programs through Austin Community College, and career and technical education pathways. Dripping Springs ISD operates 8 campuses serving approximately 7,500 students across the district.

Commuters from The Preserve reach downtown Austin in approximately 30 to 40 minutes via US 290 East or Ranch Road 12 to SH 71. The US 290 corridor through Dripping Springs includes grocery, medical offices, and retail within a 10-minute drive. H-E-B on US 290 in Dripping Springs provides full-service grocery shopping roughly 5 minutes north. The Dripping Springs business district along Mercer Street includes restaurants, shops, and the city's farmers market. Employment centers in the Oak Hill area along SH 71 are approximately 15 minutes east, while the broader Austin tech corridor along MoPac and Loop 360 is within a 30-minute commute.

Living in The Preserve

The Preserve features homes on half-acre to one-acre lots with native limestone and stucco exteriors set among live oaks and juniper on rolling terrain. Streets within the subdivision follow the natural topography, and most homes include covered porches, outdoor kitchens, or extended patios. The community maintains an HOA that manages entry features, common-area landscaping, and architectural review for new construction and exterior modifications. Property tax rates fall under Hays County and Dripping Springs ISD jurisdictions. Water service in the area is typically provided by a local water utility or private wells, depending on the section of the development.