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JUST LISTED
FOR SALE
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$450,000

320 Valley Oak DR, Dripping Springs, TX 78620

Est. Mortgage $2,248/mo

7.37

acres

Unimproved Land
$125/mo HOA
7.37 Acres Lot
$61,075/acre
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OVERVIEW

About this lot

Discover the perfect blend of privacy, beauty, and tax savings on this 7+ acre Hill Country property with an agricultural exemption in place for lower property taxes. The development maintains the ag exemption by running cattle, allowing owners to enjoy the benefits without the work. This mostly level tract offers an excellent building site surrounded by mature hardwood trees, while the back of the property gently slopes down to a seasonal dry creek, adding character and natural beauty. A barn is already in place and would make an ideal horse barn, workshop, or storage building. The current owner also has house plans available, providing a head start on creating your dream property. Whether you're looking for a homesite, horse property, or a peaceful Hill Country retreat, this acreage offers endless potential. Schedule your showing today and come experience all it has to offer.

Listings checked every few minutes. MLS# 6551535 was Last Updated: 06-13-2026.

Listed by Keller Williams Wimberley (512) 842-1272

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.

What is the Valley Oak neighborhood like?

Valley Oak is a residential neighborhood in the greater Austin metro area, situated in the Driftwood area within the 78620 zip code in Hays County. The neighborhood is positioned along the US 290, FM 1826, FM 150 corridor and Elder Hill Road, approximately 35-50 minutes via US 290 or SH 12 from downtown Austin. Valley Oak is part of the broader Driftwood area residential landscape that has seen ongoing development and population growth as the Austin metropolitan area continues to expand outward from the city core into surrounding communities.

Explore Valley Oak

What employers are near 320 Valley Oak DR?

  • Dripping Springs ISD (Education)
  • Local ranches and agriculture (Agriculture)
  • Wimberley area employers (Tourism)

How does this property compare to others in Valley Oak?

MetricValley Oak
Median List PriceN/A
Median Sold Price$1.4M
Average Days on Market15
Active Listings0

Market data as of September 2026.

Frequently Asked Questions

How much is 320 Valley Oak DR?

320 Valley Oak DR is listed for $450,000. It features 7.368 acres.

What neighborhood is 320 Valley Oak DR in?

320 Valley Oak DR is located in the Valley Oak neighborhood of Dripping Springs, Texas.

How big is the lot at 320 Valley Oak DR?

320 Valley Oak DR is a 7.368-acre lot classified as unimproved land. At the listed price of $450,000, that works out to $61,075 per acre.

What are the details of 320 Valley Oak DR?

320 Valley Oak DR sits on 7.368 acres of land, and is a unimproved land style lot.