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$3,900,000

500 Panther Creek Rd Driftwood, TX 78619

5 beds
4 full, 1 partial
5,848 sqft
25.0 acres
$667 / sqft
House

Property details

About 500 Panther Creek Rd

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.

Highlights

Home typeSingle Family Residence
HeatingCentral, Forced Air, Propane
StatusActive
CoolingCentral Air, Ceiling Fan(s)
Size5,848 sqft
Lot size25 Acres
Year built1998
ParkingCircular Driveway, Detached, Kitchen Level, Oversized, RV Carport, Garage Faces Side, Storage, Workshop in Garage
MLS #8308725
Garage5 spaces
WaterfrontSeasonal
FireplaceBedroom, Family Room, Primary Bedroom, Wood Burning
ViewGarden, Hills, Panoramic, Pool, Trees/Woods
Private poolYes

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Appliances: Dishwasher, Exhaust Fan, Freezer, Disposal, Gas Range, Microwave, Refrigerator, Range Hood
  • Flooring Type: Carpet, Tile, Wood
  • Interior: Breakfast Bar, Bookcases, Built-in Features, Ceiling Fan(s), Crown Molding, Separate/Formal Dining Room, Granite Counters, High Ceilings, Kitchen Island, Multiple Living Areas, Multiple Dining Areas, Main Level Primary, Open Floorplan, Pantry, Recessed Lighting, Storage, Soaking Tub, Bar, Natural Woodwork, Walk-In Closet(s)
  • Fireplace: Bedroom, Family Room, Primary Bedroom, Wood Burning
  • Total Bedroom Count: 5
  • Garage Space: 5 spaces
  • Private Pool: Yes
  • Parking: Circular Driveway, Detached, Kitchen Level, Oversized, RV Carport, Garage Faces Side, Storage, Workshop in Garage
  • Waterfront: Seasonal
  • View: Garden, Hills, Panoramic, Pool, Trees/Woods
  • Exterior: Balcony, Garden, Private Yard, RV Hookup, Fire Pit
  • Heating: Central, Forced Air, Propane
  • Cooling: Central Air, Ceiling Fan(s)
  • List Price: $3,900,000
  • Price/SqFt: $666
  • HOA Amount: $414 Annually
  • Annual Tax Amount: $14,338
  • Tax Year: 2024
  • Lot: Back Yard, Front Yard, Garden, Interior Lot, Open Lot, Private, Many Trees, Sprinklers, Views
  • 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
  • Year Built: 1998
  • Stories: 2
  • Living Area: 5,848 SqFt
  • Lot Size: 25 Acres
  • MLS Number: 8308725
  • MLS Name: ACTRIS
  • Office Name: Christie's Int'l Real Estate
  • Office Phone: (512) 368-8078
  • Listing Agent: Monica Fabbio

IDX Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.

Copyright 2025 Unlock MLS and Austin Central Texas Realty Information Services, Inc.

IDX Listings courtesy of Unlock MLS as distributed by MLS GRID.

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.

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Last updated on: 7/27/2025, 5:45:26 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$1,259,013$14,338

History based on county public records data.

Nearby schools

7

Walnut Springs Elementary School

Public District PK-5

6.7 mi

300 Sportsplex Dr

8

Sycamore Springs Elementary School

Public District PK-5

7.0 mi

14451 Sawyer Ranch Rd

5

Jacob's Well Elementary School

Public District 3-5

7.0 mi

3470 FM 2325

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $83,526. Typical income of Driftwood, TX residents is between $35k-100k annually. The majority of families are married, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

19%
<35k
39%
35k-100k
30%
100k-200k
12%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

27%
Single, No Kids
4%
Single, with Kids
45%
Married, No Kids
24%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
8%
12-17 yrs old
11%
18-34 yrs old
51%
35-64 yrs old
18%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • NASCARNASCAR
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • DillardsDillards
  • Dick's Sporting GoodsDick's Sporting Goods
  • Dollar GeneralDollar General

Where do the neighbors go to eat?

  • Cracker BarrelCracker Barrel
  • Texas RoadhouseTexas Roadhouse
  • Hardee'sHardee's

What do the neighbors drive?

  • CadillacCadillac
  • SubaruSubaru
  • OldsmobileOldsmobile

What do the neighbors listen to?

  • News/Talk/InformationNews/Talk/Information
  • New CountryNew Country
  • OldiesOldies
All data provided by Home Junction and Claritas

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Frequently asked questions

About 500 Panther Creek Rd

The listing price of 500 Panther Creek Rd property is $3,900,000.

The property 500 Panther Creek Rd is a house located in Driftwood, Texas, 78619.

Active Listing: 500 Panther Creek Rd is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 500 Panther Creek Rd are: Walnut Springs Elementary School (GreatSchools Rating 7/10), Sycamore Springs Elementary School (GreatSchools Rating 8/10), Jacob's Well Elementary School (GreatSchools Rating 5/10), Sycamore Springs Middle School (GreatSchools Rating 10/10), Danforth Jr High School (GreatSchools Rating 8/10), Dripping Springs Middle School (GreatSchools Rating 7/10), Pathfinder Camp (GreatSchools Rating 2/10), Dripping Springs High School (GreatSchools Rating 8/10), Katherine Anne Porter School (GreatSchools Rating 5/10).

According to the records, the last property tax for 2024 is $14,338 (source: MLS/based on county public records data).

The property at 500 Panther Creek Rd has 5 bedrooms and 4 full and 1 half bathrooms.

The property 500 Panther Creek Rd is 5,848 SqFt (source: MLS/tax record).

The year of construction for 500 Panther Creek Rd is 1998.

This home is located at 500 Panther Creek Rd in Driftwood, TX and zip code 78619 in the Driftwood neighborhood. This 5,848 square foot home, which was built in 1998, sits on a 25.00 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since March 13, 2025 and is currently priced at $3,900,000.

In June 2025, from all listings sold in Driftwood, TX there were more than 11 sold above asking price, over 67 sold below and more than 22 were sold right at the asked price. The number of listings in Driftwood, TX increased by 6.8% between May and June 2025. In June 2025, listings were on the market for 72 days. During the same period, the median list price in this real estate market was $657,000.

From Rocket Homes Real Estate and based on county public records data.

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