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 EstateStatistics & 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
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 |
