If you’re in the market for an affordable new construction home in Dripping Springs, you’re in luck! Despite the area’s reputation for pricier homes, there are three standout communities where you can find beautiful homes well below the typical price range. Join me as I break down the details of these neighborhoods and show you why they could be the perfect fit for you.
Why Dripping Springs?
Dripping Springs, a picturesque suburb southwest of Austin, is renowned for its stunning landscapes and charming small-town feel. While the average home price hovers around $800,000, and many homes exceed the million-dollar mark, affordable options are available if you know where to look. Here are three communities where you can find new homes starting in the $300,000s to $400,000s.
1. Big Sky Ranch
Big Sky Ranch is a well-established neighborhood with a variety of homes built by Meritage Homes. This community offers a mix of larger homes on 65-foot lots, medium-sized homes on 50-foot lots, and townhome-style residences on 40 to 45-foot lots.
Highlights:
Price Range: Starting at around $388,115 for townhome-style homes with approximately 1,884 square feet of space.
Tax Rate: A low 1.68%, compared to the Austin area average of about 2%.
Location: Conveniently located off Ranch Road 12 and Highway 290, near shops, restaurants, Home Depot, and H-E-B. Close to Belterra Village for additional shopping and dining options.
Why Big Sky Ranch? Big Sky Ranch’s strategic location provides easy access to both local amenities and the attractions of the Hill Country, including wineries and distilleries. It’s also a short commute to Austin, making it ideal for those who work in the city but prefer suburban living.
2. Cannon Ranch
Cannon Ranch is a brand-new development adjacent to Big Sky Ranch, with homes built by Ashton Woods. Although still under construction, this community promises a variety of modern and stylish homes.
Highlights:
Price Range: Homes starting at around $435,000 for a single-story, three-bedroom home with just under 1,600 square feet.
Tax Rate: 1.68%.
Builder Incentives: Potential for savings if you use the builder’s lender, making this an opportune time to buy despite higher interest rates.
Why Cannon Ranch? This community is perfect for buyers looking to take advantage of current market conditions to negotiate better deals. Its proximity to Big Sky Ranch means you’ll enjoy similar conveniences and local amenities.
3. Heritage
Heritage is located right across Ranch Road 12 from the other two neighborhoods, offering easy access to downtown Dripping Springs. This community features homes by MI Homes and TriPointe Homes, catering to a range of budgets and preferences.
Highlights:
Price Range: MI Homes offers more affordable options in the $400,000 range, while TriPointe Homes are slightly pricier but offer additional design features and higher quality finishes.
Tax Rate: 1.68%.
Location: Within walking distance to downtown Dripping Springs, perfect for enjoying local festivals like the Founders Day Festival.
Why Heritage? Heritage’s walkability to downtown makes it a fantastic choice for those who want to be in the heart of the community. With homes from two reputable builders, you have a variety of options to find the perfect fit for your needs.
Finding an affordable home in Dripping Springs is no longer a challenge with these three fantastic neighborhoods. Whether you prefer the established charm of Big Sky Ranch, the fresh start of Cannon Ranch, or the community-centric vibe of Heritage, there’s something for everyone.
These communities not only offer attractive price points but also boast low tax rates and excellent locations. Which one resonates with you the most? Let’s start your journey to finding your perfect home in Dripping Springs! Contact us now!
