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Dripping Springs TX Multi-family Properties For Sale

The median home value in Dripping Springs, TX is $753,600. This is higher than the county median home value of $437,800. The national median home value is $338,100. The average price of homes sold in Dripping Springs, TX is $753,600. Approximately 69.71% of Dripping Springs homes are owned, compared to 25.03% rented, while 5.26% are vacant. Dripping Springs real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Dripping Springs real estate agent to arrange a tour today!

Learn More About Dripping Springs Real Estate

Statistics & facts

4,699 Population
$753K Medium Home Value
1,692 # of Households
5.26% Housing Vacancy
64.60% Future Job Growth
3.00% Unemployment Rate

Andrea Conner, License #BK3437731, Xome Inc., License #1043756, AndreaD.Conner@Xome.com, 844-400-9663, 750 State Hwy 121 Bypass, Suite 100, Lewisville, TX 75067


Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of {{last updated}}. 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. Properties displayed may be listed or sold by various participants in the MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Copyright 2025, My Florida Regional MLS DBA Stellar MLS.


Population

Dripping Springs has a population of approximately 4,699 and experiences a population change rate of 203.55%. The population density is 734.7 / sq mi.

Household

The median household income for Dripping Springs is $111,429, with 1,692 households and an average household size of 2.73.

Cost of Living

The cost of living index in Dripping Springs is 145.7%.

Home Value

The median value of a home in Dripping Springs is $753,600 with an appreciation rate of 19.8%. 69.7% of housing in the city is owned while 25.0% is rented.

Employment

The unemployment rate in Dripping Springs is 3.00%, and recent job growth is at 2.91%. Future job growth is projected at 64.60%.

Taxes

The sales tax rate in Dripping Springs is 8.25%, while the income tax rate is 0.00%.

Education

School expenditures in Dripping Springs are $14,040, and the school ratio is 14.6:1.

Weather

The average high temperature in July is 93.1 degrees, with an average low temperature in January of 37.3 degrees. The average rainfall is approximately 36.3 inches per year, with 0.7 inches of snow per year.

Education near Dripping Springs TX

Metric City County
High School Graduates 93.53 90.47
College Degree - 2 year 4.24 6.29
College Degree - 4 year 53.42 38.67
Graduate Degree 14.39 10.26
Expenditures per Student $14,040 $14,040
Students per Teacher 14.60 14.60

Elementary Schools near Dripping Springs TX

School Grades Students P/T Ratio ZIP
Bee Cave Elementary School PK - 05 623 15.6 78738
Dripping Springs Elementary School PK - 05 921 15.9 78620
Jacob's Well Elementary 02 - 06 629 15.3 78676
Lake Pointe Elementary School PK - 05 676 16.1 78738
Rooster Springs Elementary School PK - 05 819 16.1 78737
Scudder Primary School PK - 01 317 15.5 78676
Serene Hills Elementary School PK - 05 762 16.2 78738
Walnut Springs Elementary School PK - 05 857 15.5 78620

Middle Schools near Dripping Springs TX

School Grades Students P/T Ratio ZIP
Danforth Junior High School 06 - 08 479 13.4 78676
Dripping Springs Middle School 06 - 08 1238 19.2 78620

High Schools near Dripping Springs TX

School Grades Students P/T Ratio ZIP
Dripping Springs High School 09 - 12 1586 17.2 78620
Katherine Anne Porter School 09 - 12 146 6.9 78676
Lake Travis High School 09 - 12 2561 18.1 78738
Wimberley High School 08 - 12 695 13.6 78676

Ungraded Schools near Dripping Springs TX

School Grades Students P/T Ratio ZIP
New Elementary UG - UG 0 null 78620
New Middle UG - UG 0 null 78620
Pathfinder Camp 06 - 12 18 6.1 78619