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518 Medlin Creek Loop, Dripping Springs, TX, 78620

$699,990

5.63 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeUnimproved Land
WaterfrontCreek, Seasonal
ViewCity, Hills, Rural, Trees/Woods
MLS #6016845
Lot Size5.63 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 518 Medlin Creek Loop

Bring your own set of plans and your favorite builder or ask for local custom builder referrals. Here is a rare opportunity for you to purchase land in Medlin Creek Ranch, one of the most beloved neighborhoods in Dripping Springs. This 5.63 acre AG Exempt lot offers long-distance Hill Country views, flat land for building, mature oak trees, several trees towards the back of the lot for privacy, and a wet weather creek located in the tree line for a retreat. The lot allows for four hens and two horses if you desire. This community has home values up in the $3,000,000 range so building in Medlin Creek Ranch has the luxury feeling that you may have been looking for. Medlin Creek Ranch is located off Fitzhugh Road which is where so many of Dripping Springs' hidden treasures spur from! Right off of Fitzhugh Rd. you will have the convenience of frequenting venues such as 12 Fox Beer Co., Bell Springs Winery, Fitzhugh Brewing, Route 12 Filling Station, Treaty Oaks Distillery, and Jester King Brewery. Best of both worlds... only 8 miles away from the nearest HEB, 25 miles from Downtown Austin, 14 miles away from Whole Foods & Hill Country Galleria Shopping, and about 7 miles away from Downtown Dripping Springs with boutiques, antiques, local coffee shop, Med Spas, a fitness gym, bakeries, art gallery, live music, and MORE!! You will be thrilled to know Medlin Creek Ranch is also zoned to the highly acclaimed Dripping Spring ISD.

Property Details

Property Features

Listing Office:

  • Office Name: Mercer Street Group, LLC
  • Office Phone: (512) 743-3667
  • Listing Agent: Melissa Roberts

Exterior Features

Exterior Information:

  • Waterfront: Creek, Seasonal
  • View: City, Hills, Rural, Trees/Woods

Lot Features

Lot Information:

  • Lot: Agricultural, Cleared, Level, Trees
  • Lot Size: 5.63 Acres

School Info

Assigned Schools Information:

  • Dripping Springs High School, Public District Grades 9-12
  • Dripping Springs Middle School, Public District Grades 6-8
  • Dripping Springs Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From DT Dripping Springs GO north on RR 12. Turn right (or West) on Fitzhugh, then turn right on Medlin Creek Loop. The vacant lot will be on your right hand side with a FOR SALE sign.

Price Information

Listing Price Info

Price Summary:

  • List Price: $699,990

HOA Fees:

  • Amount: $35
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Dripping Springs, TX.

Med. Sold Price

$720.9K

Med. Price/SqFt

$273

Avg. Days On Market

68

# of Sold Homes

38

518 Medlin Creek Loop vs Dripping Springs

96 DAYS ON ROCKET

+28 Days

$699,990

-$20.9K Less

KEY TAKEAWAY

This property is $20.9K less than the Median Sold Price in Dripping Springs, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ACTRIS
  • MLS Number: #6016845

Listing Office:

  • Office Name: Mercer Street Group, LLC
  • Office Phone: (512) 743-3667
  • Listing Agent: Melissa Roberts

IDX Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.

Copyright 2024 Unlock MLS and Austin Central Texas Realty Information Services, Inc.

IDX Listings courtesy of Unlock MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


Texas Real Estate Commission Consumer Protection Notice

Texas Real Estate Commission Information About Brokerage Service

Last updated on: 4/29/2024, 2:25:13 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,596

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,165

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2814271
7
/10
  • Dripping Springs Elementary School

  • 29400 Ranch Road 12

  • 3.09 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2814272
6
/10
  • Dripping Springs Middle School

  • 111 Tiger Ln

  • 4.10 miles

  • Public District Grades 6-8

High School

school-card-donut-2814273
7
/10
  • Dripping Springs High School

  • 940 W Highway 290

  • 4.16 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $93,661. Typical income of Dripping Springs, TX residents is between $35k-100k annually. Most families are married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 518 Medlin Creek Loop

What is the listing price of this property?

The listing price of 518 Medlin Creek Loop property is $699,990.

What type of property is this?

The property 518 Medlin Creek Loop is land located in Dripping Springs, Texas, 78620.

Is this property for sale now?

Accepting Backup Offers: 518 Medlin Creek Loop is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 518 Medlin Creek Loop are:
Dripping Springs Elementary School: GreatSchools Rating 7/10
Dripping Springs Middle School: GreatSchools Rating 6/10
Dripping Springs High School: GreatSchools Rating 7/10

How much acreage is this property?

The property 518 Medlin Creek Loop is 5.63 acres.
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Rocket HomesTexasHays CountyDripping Springs78620518 Medlin Creek Loop

This home is located at 518 Medlin Creek Loop in Dripping Springs, TX and zip code 78620. This home sits on a 5.63 acre lot. It has been listed on Rocket Homes since January 24, 2024 and is currently priced at $699,990.

Over 4 listings were sold over their listed price in March 2024 in Dripping Springs, TX. In the same period over 29 listings were sold below the listed price and 5 listings were sold for the listed price. In March 2024 in Dripping Springs, TX there were 22.4% more homes for sale than in February 2024. In March 2024 median list price was $720,933 and the average listing age was 68 days.

From Rocket Homes Real Estate and based on county public records data.

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