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401 Lost Valley Rd

Dripping Springs, TX 78620

1 bed
1 bath
739 sqft
~10 acre lot
$1,285 per sqft
1992 build
– on site

Welcome to 401 Lost Valley Road, where timeless Hill Country charm blends with nature and tranquility on a breathtaking slice of Dripping Springs. This Saltbox-style home is nestled on a private, tree-covered lot that offers unparalleled serenity, spectacular creek and wildlife views, and the perfect combination of classic country elegance and modern convenience. The property consists of two separate legal lots, totaling 9.506 acres. Inside, you'll find a spacious loft-style sleeping area with stunning views, wood beams and patio doors that invite the morning light. Downstairs, an open-concept kitchen features solid surface countertops, stainless steel appliances, and gleaming wood floors. A fully remodeled bathroom with a walk-in shower completes the lower level. Step outside and immerse yourself in the beauty of the natural landscape, where a gently flowing Sycamore Creek and mature trees create a peaceful sanctuary. Ample space for a pool, future expansion, gardening, or simply enjoying nature. Star-filled nights can be spent in front of the oversized outdoor wood-burning fireplace, cooking at the full outdoor kitchen, or by the edge of Sycamore Creek. Just minutes from downtown Dripping Springs and H-E-B, this property offers the perfect balance of seclusion and convenience. Whether you're seeking a private retreat or a unique investment opportunity, The Cottage By The Creek is a rare find and the perfect place to live while you build your forever home. Currently, this income-producing short-term rental includes a carport, well, septic system, and additional structures for storage/creative use. Property can be purchased with all fixtures and equipment if desired. Perfect as a secluded home, weekend getaway, short-term rental, or private sanctuary, this exceptional property captures the best of Hill Country living, all while being just minutes from Dripping Springs' wineries, top-rated schools, restaurants, and shopping. Built in 1992 and remodeled in 2012.

Listing courtesy of ABOR / Steve Mallett / Keller Williams Realty

Last checked: Checking… • Last updated Feb 19, 2025 •

MLS# 4210250 —

The Building

Year Built:

1992
New Construction:

false
Roof:

Metal
Foundation:

Pillar/Post/Pier
Exterior Features:

See Remarks
Accessibility Features:

None
Patio And Porch Features:

Patio
Window Features:

Aluminum Frames
Levels:

Two
Direction Faces:

East

Interior

Interior Features:

Cedar Closet(s)
Living:

1
Dining:

1
Flooring:

Wood
Fireplace:

Outside
Fireplaces Total:

1
Laundry Location:

Outside

Room Dimensions

Living Area:

739
Living Area Source:

Public Records

Financial & Terms

Possession:

Close Of Escrow
Restrictions:

Deed Restrictions

Location

Latitude:

30.254924
Longitude:

-98.203546
Directions:

From Dripping Springs, Texas, travel west on HWY 290 for 3.66 miles, then turn right onto McGregor Ln and continue for 3.7 miles. Next, turn left onto Fitzhugh Road and proceed for 0.9 miles. Afterward, make a left onto Sycamore Creek Dr and travel for 2.34 miles, followed by another left onto Lost Valley Road. The property will be on your left after 0.44 miles.

The Property

Property Type:

Residential
Subtype:

Single Family Residence
Parcel Number:

1150700002012B14
Property Condition:

Resale
Other Structures:

Shed(s)
Lot Features:

Back Yard
Lot Size Acres:

9.506
Lot Size Area:

9 Sqft
Lot Size SqFt:

414,081 Sqft
SqFt Total:

739 Sqft
View:

Creek/Steam
Waterfront:

false
Waterfront Features:

Creek
Horse:

false
Additional Parcels:

true
Fencing:

None
FEMA Flood Plain:

Partial

Listing Agent

Contact info:

Taxes

Tax Annual Amount:

$8,809

Beds

Beds:

1
Bedrooms Total:

1

Baths

Total Baths:

1
Total Baths:

1
Full Baths:

1

The Listing

Special Listing Conditions:

Standard
Listing Terms:

Cash
Occupant Type:

Owner

Heating & Cooling

Heating:

Central
Cooling:

Ceiling Fan(s)

Utilities

Utilities:

Electricity Connected
Sewer:

Septic Tank
Water Source:

Well
Electric On Property:

true

Appliances

Appliances:

Convection Oven

Schools

Elementary School:

Walnut Springs
Elementary School District:

Dripping Springs ISD
Middle School:

Dripping Springs Middle
Middle School District:

Dripping Springs ISD
High School:

Dripping Springs
High School District:

Dripping Springs ISD

The Community

Subdivision Name:

Lost Valley
Community Features:

None
Pool Private:

false
Pool Features:

None

Parking

Parking Features:

Detached Carport
Garage:

false
Attached Garage:

false

Monthly cost estimate

Asking price

$950,000

Expense	Monthly cost
Mortgage	$5,086
Taxes	$734
Insurance	$261
Utilities	$108 See report
Total	$6,189/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
2/18/25 Feb 18, 2025	Listed / Active	ABOR	$950,000

House For Sale

$950,000

Cost Est.

$6,189/mo.

Listing provided by broker:

Steve Mallett

Keller Williams Realty

(512) 627-7018

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This house located in TX 78620 is currently for sale for $950,000. 401 Lost Valley Rd is a 739 square foot house with 1 bed and 1 bath that has been on Estately for 3 days.

Based on information from the Austin Board of REALTORS® and ACTRIS 2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.