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500 Panther Creek Rd

Driftwood, TX 78619

6 beds
5 baths
5,848 sqft
~25 acre lot
$666 per sqft
1998 build
– on site

Experience the essence of Driftwood living on this breathtaking 25-acre ranchette, where rolling terrain, mature oaks, and thoughtfully designed amenities create a one-of-a-kind retreat. Set within a gated community, this estate offers a harmonious blend of privacy, natural beauty, and refined comfort. The land unfolds in distinct layers—beginning with a beautifully maintained front area where selective clearing has allowed majestic oaks to flourish, creating open spaces ideal for roaming on foot or horseback. The terrain then dips into a tranquil, tree-covered valley before rising again to an elevated plateau with sweeping sunset views. Native wildlife moves freely throughout, adding to the property’s peaceful and secluded feel. Designed for equestrian enthusiasts and outdoor lovers alike, the estate features private trails, a three-stall barn, and covered RV parking with full hookups. At the heart of the property is a beautifully crafted 5,248-square-foot home with warm Ash hardwood floors, vaulted wood-paneled ceilings, and expansive windows that frame breathtaking Hill Country vistas. A stone fireplace anchors the living area, while the sunlit kitchen and spacious dining room offer the perfect setting for gatherings. A dedicated office/library with built-ins provides a quiet space for work or reflection. The estate also includes a charming guest house, ideal for extended stays or private retreats. A sparkling pool, shaded by mature oaks, completes this exceptional property. Located in the sought-after DSISD school district, the ranchette benefits from an Agricultural exemption and lower taxes. More than just a home, this is a place shaped by care and purpose—an escape where nature, comfort, and opportunity converge.

Listing courtesy of ABOR / Monica Fabbio / @ properties Christie's International

Last checked: Checking… • Last updated Mar 13, 2025 •

MLS# 8308725 —

The Building

Year Built:

1998
New Construction:

false
Roof:

Metal
Foundation:

Slab
Exterior Features:

Balcony
Accessibility Features:

None
Patio And Porch Features:

Covered
Window Features:

Bay Window(s)
Levels:

Two
Direction Faces:

NW

Interior

Interior Features:

Bar
Living:

4
Dining:

3
Flooring:

Carpet
Fireplace:

Bedromm
Fireplaces Total:

2
Laundry Location:

Inside

Room Dimensions

Living Area:

5848
Living Area Source:

Multiple Dwelling

Financial & Terms

Possession:

Funding
Restrictions:

Deed Restrictions

Location

Latitude:

30.100742
Longitude:

-98.073139
Directions:

From Austin: West on 290, right/south on RR 12, then left on Elder Hill Rd From Bee Cave/Dripping Springs: Turn left onto Ranch Rd 12 S, turn left onto Elder Hill Rd, turn right onto Panther Creek Road

The Property

Property Type:

Residential
Subtype:

Single Family Residence
Parcel Number:

1161690000002A04
Property Condition:

Updated/Remodeled
Other Structures:

Garage(s)
Lot Features:

Back Yard
Lot Size Acres:

25
Lot Size Area:

25 Sqft
Lot Size SqFt:

1,089,000 Sqft
SqFt Total:

4,964 Sqft
View:

Garden
Waterfront:

false
Waterfront Features:

Dry/Seasonal
Horse:

true
Additional Parcels:

false
Fencing:

Partial
FEMA Flood Plain:

No

Listing Agent

Contact info:

Taxes

Tax Annual Amount:

$17,750.61

Beds

Beds:

2
Bedrooms Total:

6
Main Level Bedrooms:

4

Baths

Total Baths:

4.5
Total Baths:

5
Full Baths:

4
Half Baths:

1

The Listing

Special Listing Conditions:

Standard
Listing Terms:

Cash
Occupant Type:

Owner
Video Tour:

Virtual Tour

Heating & Cooling

Heating:

Central
Cooling:

Ceiling Fan(s)

Utilities

Utilities:

Electricity Available
Sewer:

Aerobic Septic
Water Source:

Well
Electric On Property:

true

Appliances

Appliances:

Dishwasher

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:

Panther Creek
Association Name:

Panther Creek Hoa
Association Fee:

$414
Association Fee Includes:

Common Area Maintenance
Association Fee Frequency:

Annually
Community Features:

Controlled Access
Pool Private:

true
Pool Features:

Heated
Spa Features:

Hot Tub

Parking

Parking Features:

Circular Driveway
Garage:

true
Attached Garage:

false
Garage Spaces:

5
Covered Spaces:

5

Monthly cost estimate

Asking price

$3,900,000

Expense	Monthly cost
Mortgage	$20,883
Taxes	$1,479
Insurance	$1,072
HOA fees	$35
Utilities	$298 See report
Total	$23,767/mo.^*
	^*This is an estimate

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Sale history

Date	Event	Source	Price	% Change
3/12/25 Mar 12, 2025	Listed / Active	ABOR	$3,900,000

House For Sale

$3,900,000

HOA

$35/mo.

Cost Est.

$23,767/mo.

Listing provided by broker:

Monica Fabbio

@ properties Christie's International

(512) 368-8078

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This house located in TX 78619 is currently for sale for $3,900,000. 500 Panther Creek Rd is a 5,848 square foot house with 6 beds and 5 baths that has been on Estately for 2 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.