ActiveMLS# 6551535
$450,000
7.37 Acres · Lot/Land · $61,075/acre
320 Valley Oak Dr
Dripping Springs, TX 78620 (Hays County)

About this property

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.

Property details

Property TypeLot/Land
Acreage7.368 acres
StatusActive
Days on Market10 days
ListedJune 11, 2026
CountyHays
ZIP Code78620
Price per Acre$61,075/acre
SubdivisionValley Oak
Horse PropertyYes
HOAYes
FencingLivestock
ViewHill Country
MLS Number6551535
Listed ByKeller Williams Wimberley

Location

Area & Lifestyle

About the Area

320 Valley Oak Dr is located in Dripping Springs, Texas, in Hays County. Hays County is one of the fastest-growing counties in the United States, driven by the explosive growth of San Marcos and Kyle-Buda corridor connecting Austin and San Antonio. The county blends Hill Country character in its western reaches, Wimberley, Dripping Springs, Driftwood, with rapidly urbanizing communities along the I-35 corridor.

The Blanco River and Barton Creek headwaters flow through Hays County, carving spring-fed swimming holes beloved by generations of Texans. Jacob's Well, a natural cylindrical karstic spring, and the swimming holes of Blue Hole Regional Park draw visitors year-round. The Edwards Plateau escarpment creates dramatic topographic relief in the western half of the county.

Dripping Springs had an estimated population of 6,322 as of 2023. The 78620 zip code has a median household income of $146,551, a median home value of $624,800, and a median age of 42.7. The average household size is 2.73 people.

Texas State University anchors San Marcos, supporting a significant education and healthcare sector. The I-35 corridor has attracted major distribution centers and manufacturing. The western Hill Country communities of Wimberley and Dripping Springs have become destination wine, dining, and retreat markets commanding premium real estate prices.

Demographic data sourced from the U.S. Census Bureau, American Community Survey 5-Year Estimates (2023).

Listing information © 2026 Unlock MLS (ACTRIS). All data provided AS IS. Information is deemed reliable but not guaranteed. Listing courtesy of Keller Williams Wimberley.

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Barron Johnson
Broker Associate · Spyglass Realty