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FOR SALE
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$695,000

701 Cottonwood Creek RD, Dripping Springs, TX 78620

Est. Mortgage $4,149/mo

4

beds

3

baths

2,666

sqft

1.35

acres

Single Family Residence
Built in 1995
1.35 Acres Lot
2,666 sqft
$261/sqft
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OVERVIEW

About this home

701 Cottonwood Creek Dr, Dripping Springs, TX 78620 brings together the things folks move to the Hill Country hoping to find: 1.347 acres, mature trees, privacy, beautiful views, and a big, welcoming home with room to settle in and stay awhile. Located on a quiet street in Sunset Canyon, this 4 bed, 3 bath, 2,666 sf home was built in 1995 and has been thoughtfully updated while keeping the character that makes an established Dripping Springs home so appealing. Downstairs is made for living well. Wood floors bring warmth to the main spaces, while a limestone fireplace gives the living room a true Texas focal point. The kitchen offers granite countertops, white cabinetry, stainless appliances, generous storage, and a large contrasting island with cooktop and seating. A separate dining area keeps everyone connected, and the sitting room/office provides valuable flex space for working from home, reading, homework, music, or a second place to relax. All four bedrooms are upstairs, creating a nice separation between the active and private spaces of the home. The spacious primary suite features a dramatic tray ceiling and French doors opening directly to the long covered balcony. Additional balcony access and beautiful Hill Country views make the second floor feel especially connected to the setting. And there is plenty of setting to enjoy. Start the morning on the covered front porch, take in the view from the upstairs balcony, find a shady spot beneath the oaks, hang a hammock, gather around an outdoor table, or give loved ones and dogs some room to roam. With 1.347 acres, mature landscape and the privacy Sunset Canyon is known for, there is breathing room here that is getting harder to find. Come see what life looks like with a little more house, a lot more land, and the Hill Country right outside your door.

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.

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.

Explore Sunset Canyon

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.

MetricSunset Canyon
Median List Price$950K
Median Sold Price$775K
Average Days on Market44
Average Price per Sqft$427
Active Listings11

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.