7 days on RocketTour
$10,000 Closing Credit¹
#8647353, Chelsea Stobaugh, Listing Office: Compass RE Texas, LLC
$1,175,000 List price
507 Saddletree Ln Dripping Springs, TX 78620
$10,000
Closing credit¹
4 beds
3 full
3,214 sqft
1.4 acres
$366 / sqft
House
Property details
About 507 Saddletree Ln
Experience Hill Country elegance with this beautifully updated home in the heart of Dripping Springs. Situated on a peaceful acreage homesite, this thoughtfully designed residence blends modern sophistication with everyday comfort. Step through the striking arched glass entry to find light-filled spaces, high ceilings, and clean contemporary finishes. The chef’s kitchen impresses with navy shaker cabinets, sleek brass hardware, quartz countertops, double Wolf ovens, and a built-in paneled fridge. A large center island and cozy window seat make it the perfect gathering spot. The spacious primary suite is a serene retreat featuring a tray ceiling with bold contrast paint, a sitting area, and spa-inspired bathroom complete with a freestanding tub, dual vanities, walk-in shower, and black matte fixtures. The additional bedrooms are generously sized, offering versatility for guests, office, or playroom. Enjoy sunny afternoons by the modern in-ground pool, or relax under the stars by the private fire pit area. Surrounded by mature oaks, the backyard offers tranquility and space to roam, while still being close to downtown Dripping Springs, highly rated DSISD schools, and local wineries.
Highlights
Home typeSingle Family Residence
HeatingCentral, Electric, Heat Pump
StatusActive
CoolingCentral Air, Ceiling Fan(s), Dual, Electric, Humidity Control, Heat Pump
Size3,214 sqft
Lot size1.449 Acres
Year built1999
ParkingGarage, Garage Door Opener, Garage Faces Side
MLS #7711796
Garage3 spaces
FireplaceLiving Room, Masonry, Raised Hearth, Stone, Wood Burning
ViewHills
Private poolYes
Summary
- Full Bathrooms: 3
- Appliances: Electric Oven, Oven, Convection Oven, Cooktop, Dishwasher, Exhaust Fan, Disposal, Microwave, Plumbed For Ice Maker, Self Cleaning Oven
- Flooring Type: Carpet, Tile
- Interior: Coffered Ceiling(s), Separate/Formal Dining Room, Double Vanity, Kitchen Island, Multiple Living Areas, Multiple Dining Areas, Main Level Primary, Open Floorplan, Pantry, Recessed Lighting, Smart Thermostat, Walk-In Closet(s)
- Fireplace: Living Room, Masonry, Raised Hearth, Stone, Wood Burning
- Total Bedroom Count: 4
- Garage Space: 3 spaces
- Private Pool: Yes
- Parking: Garage, Garage Door Opener, Garage Faces Side
- Waterfront: None
- View: Hills
- Exterior: Rain Gutters
- Heating: Central, Electric, Heat Pump
- Cooling: Central Air, Ceiling Fan(s), Dual, Electric, Humidity Control, Heat Pump
- List Price: $1,175,000
- Price/SqFt: $365
- HOA Amount: $216 Annually
- Annual Tax Amount: $11,655
- Tax Year: 2024
- Lot: Many Trees
- Directions: From Austin, take US 290 West towards Dripping Springs. Turn right on to Ranch Road 12. Continue for about 6.5 miles and then turn left onto Saddletree Ln. Continue for about 1 mile and home will be on the left right before Saddle Blanket Dr. There is a gated entrance to the property.
- Year Built: 1999
- Stories: 1
- Living Area: 3,214 SqFt
- Lot Size: 1.449 Acres
- MLS Number: 7711796
- MLS Name: ACTRIS
- Office Name: Keller Williams Realty
- Office Phone: (512) 716-9193
- Listing Agent: Ashley Tullis
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.
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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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Last updated on: 5/30/2025, 10:20:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,175,000
507 Saddletree Ln
$10,000
closing credit¹
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Price information
Property sales
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Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $730,080 | $11,655 |
| 2023 | $847,000 | $12,591 |
| 2022 | $770,000 | $12,591 |
| 2021 | $516,670 | $8,432 |
| 2020 | $469,700 | $8,787 |
| 2019 | $427,000 | $9,595 |
| 2018 | $465,290 | $9,595 |
| 2017 | $454,360 | $8,991 |
History based on county public records data.
Nearby schools
7
Dripping Springs Elementary School
Public District PK-5
4.5 mi
•29400 Ranch Road 12
6
West Cypress Hills Elementary School
Public District KG-5
4.8 mi
•6112 Cypress Ranch Blvd
9
Rough Hollow Elementary School
Public District KG-5
6.0 mi
•4219 Bee Creek Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $75,410. Most Dripping Springs, TX residents have annual incomes between $35k-100k. Typical family type is married, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
22%
<35k
45%
35k-100k
20%
100k-200k
13%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
22%
Single, No Kids
5%
Single, with Kids
42%
Married, No Kids
31%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
10%
12-17 yrs old
10%
18-34 yrs old
55%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Hunting
NASCAR
Pro Wrestling
Where do the neighbors shop?
Dick's Sporting Goods
Dillards
Wal-Mart
Where do the neighbors go to eat?
Texas Roadhouse
Cracker Barrel
Hardee's
What do the neighbors drive?
Subaru
Cadillac
Ram
What do the neighbors listen to?
New Country
News/Talk/Information
Classic Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 507 Saddletree Ln
The listing price of 507 Saddletree Ln property is $1,175,000.
The property 507 Saddletree Ln is a house located in Dripping Springs, Texas, 78620.
Active Listing: 507 Saddletree Ln is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 507 Saddletree Ln are: Dripping Springs Elementary School (GreatSchools Rating 7/10), West Cypress Hills Elementary School (GreatSchools Rating 6/10), Rough Hollow Elementary School (GreatSchools Rating 9/10), Lake Travis Middle School (GreatSchools Rating 9/10), Bee Cave Middle School (GreatSchools Rating 9/10), Dripping Springs Middle School (GreatSchools Rating 7/10), Dripping Springs High School (GreatSchools Rating 8/10), Lake Travis High School (GreatSchools Rating 8/10), Pathfinder Camp (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $11,655 (source: MLS/based on county public records data).
The property at 507 Saddletree Ln has 4 bedrooms and 3 bathrooms.
The property 507 Saddletree Ln is 3,214 SqFt (source: MLS/tax record).
The year of construction for 507 Saddletree Ln is 1999.
This home is located at 507 Saddletree Ln in Dripping Springs, TX and zip code 78620 in the Saddletree Ranch neighborhood. This 3,214 square foot home, which was built in 1999, sits on a 1.45 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 2, 2025 and is currently priced at $1,175,000.
Dripping Springs, TX housing market in April 2025 saw over 4 listings sold above listed price, more than 10 sold at listed price and over 18 sold below. In April 2025 in Dripping Springs, TX there were 14.7% more homes for sale than in March. In April 2025, listings were on the market for 32 days. During the same period, the median list price in this real estate market was $666,163.
From Rocket Homes Real Estate and based on county public records data.