The Preserve of Dripping Springs is an established and highly sought-after neighborhood. It is home to several executive estates, large lots, and stunning architecture. Home in the area range from the $400s up into the millions.
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About the Preserve at Dripping Springs
The Preserve is an iconic luxury development in Dripping Springs. Here are some quick facts that homebuyers should know:
- Median asking price range: $695,000 – $1,195,000
- Average closing cost: $679,900 – $989,900
- Overall average sales price: $797,000
- Average cost per square foot: $243
- Homeowner’s assn. cost: $150 every 3 months
- Home type: single-family residence
- Avg. construction date: build dates between 2002 and 2005
- Average square footage: 3,000 to 5,100 square feet
- Average number of bedrooms: 3 – 5
- Average number of bathrooms: 3 – 6
- Average acreage of lots: 3 acres
Where is the Preserve of Dripping Springs located?
The Preserve of Dripping Springs is located along Highway 290 from Austin to Dripping Springs. The neighborhood is fronted by a nondescript gate marked by a small assemblage of stone. If you blink, you just might miss it.
What lies beyond this gate on Leafdale Trail is a small enclave of homes situated on a collection of 75 spacious lots between 2 and 6 acres.
With the first custom-built estates breaking ground around 2003, virtually all the lots have been fully developed. Real estate at the Preserve is adequately sized with homes ranging between 3,500 to 4,000 square feet in size. Car and motorcycle enthusiasts who relish the winding curves of the Texas Hill Country will find three and four car garages on most properties. The majority of these lavish homes have equally beautiful swimming pools designed to blend harmoniously with the natural beauty of the surrounding Hill Country.
Because each home is a testament to the master builder and architects vision, who created them to custom order, the inventory of homes for sale at The Preserve varies from Hill Country contemporary to English Tudor and Tuscan Villa.
Does The Preserve at Dripping Springs Have an HOA?
Yes, the Preserve has a homeowners association. Their dues are $150 paid quarterly. Officially called the Preserve At Dripping Springs Homeowners Association, Inc., this body helps maintain architectural and residential integrity for the neighborhood. They also have an HOA fund that can be used to help renovations and fixes for houses, including repairs on roofing, fencing, and community amenities.
Amenities at The Preserve
While both common areas and private grounds are kept and manicured to the highest level, there is no shared community center among homes for sale at The Preserve. Discretion and privacy are of the highest priority and restricted access to the Preserve is always maintained.
For residents who seek a place for fitness beyond their own custom exercise rooms, there are the Tennis and fitness facilities at the equally prestigious Polo Club.
Nearby Amenities and Attractions for The Preserve
With the completion of Belterra, trips east into Austin are less required since more amenities are so close. For those that do need to venture that far, Downtown Austin is just under 23 miles away, and the Austin Airport is just under 28 miles from The Preserve in Dripping Springs.
Get in touch with the Veritas Group below.