#5443156, Bill Dunham, Listing office: Presidio Group, REALTORS
$1,499,000 List price
507 Terrace Canyon Dr Dripping Springs, TX 78620
4 beds
4 full, 1 partial
4,150 sqft
1.6 acres
$361 / sqft
House
Property details
About 507 Terrace Canyon Dr
A truly remarkable and elegantly designed residence on 1.56 acres in Dripping Springs, offering refined one-story living with a flexible upstairs bonus space. This new construction home features 4 bedrooms, 4.5 bathrooms, and approximately 4,000 sq ft of thoughtfully designed living space that blends luxury, comfort, and functionality. Inside, soaring 12-foot ceilings throughout create an open, airy atmosphere. The expansive living room is anchored by a dramatic fireplace and flows effortlessly into the heart of the home with an oversized chef’s kitchen outfitted with double islands, marble countertops, custom cabinetry, and a premium THOR stainless steel appliance package. A fully loaded butler’s pantry with abundant storage adds even more utility and style. The primary suite is a private retreat with high ceilings and a huge walk-in closet. The ensuite bathroom is timeless and serene, designed with premium finishes. Two additional downstairs bedrooms each feature designer en-suite bathrooms, while a third secondary bedroom on the main level also includes a full bathroom, ideal for family or guests. A dedicated study and powder room complete the main floor. Upstairs offers a flexible bonus room, perfect for a second living area, home gym, or media room, allowing this floor plan to adapt to your lifestyle. Step outside to the large covered patio with a built-in outdoor kitchen, offering the perfect space to entertain or unwind. The spacious backyard offers plenty of room to add a pool, giving you the opportunity to create your own Hill Country oasis. This is a one-of-a-kind custom floor plan in Dripping Springs, offering luxurious finishes, thoughtful design, and the space to make it your Hill Country dream.
Highlights
Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Size4,150 sqft
Lot size1.56 Acres
Year builtNew Const., 2025
ParkingAttached, Garage
MLS #5848779
Garage3 spaces
FireplaceElectric
ViewHills
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 4
- Appliances: ENERGY STAR Qualified Refrigerator, Gas Range, Refrigerator, Gas Water Heater, Microwave
- Flooring Type: Carpet Free, Tile, Wood
- Interior: Breakfast Bar, Built-in Features, Tray Ceiling(s), Ceiling Fan(s), Chandelier, Double Vanity, Entrance Foyer, Eat-in Kitchen, French Door(s)/Atrium Door(s), Granite Counters, High Ceilings, High Speed Internet, In-Law Floorplan, Interior Steps, Kitchen Island, Multiple Living Areas, Main Level Primary, Open Floorplan, Pantry, Stone Counters, Recessed Lighting
- Fireplace: Electric
- Total Bedroom Count: 4
- Garage Space: 3 spaces
- Private Pool: No
- Parking: Attached, Garage
- Waterfront: None
- View: Hills
- Exterior: Barbecue, Gas Grill, Lighting, Outdoor Grill, Private Yard
- Heating: Central
- Cooling: Central Air
- List Price: $1,499,000
- Price/SqFt: $361
- Lot: Interior Lot, Level
- Directions: From 290W, Right on Canyon Wood, Left on Roy Creek, Right on Oak Meadows, Left on Terrace Canyon.
- Year Built: 2025
- Living Area: 4,150 SqFt
- Lot Size: 1.56 Acres
- MLS Number: 5848779
- MLS Name: ACTRIS
- Office Name: Compass RE Texas, LLC
- Office Phone: (512) 618-4966
- Listing Agent: Jenny Cureton
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.
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Last updated on: 7/24/2025, 12:45:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
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Tax history
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Nearby schools
7
Dripping Springs Elementary School
Public District PK-5
1.9 mi
•29400 Ranch Road 12
7
Walnut Springs Elementary School
Public District PK-5
3.0 mi
•300 Sportsplex Dr
8
Sycamore Springs Elementary School
Public District PK-5
3.9 mi
•14451 Sawyer Ranch 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 $110,735. The most common annual income of people living in Dripping Springs, TX is between $100k-200k. Most families are married, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
10%
<35k
34%
35k-100k
41%
100k-200k
15%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
20%
Single, No Kids
6%
Single, with Kids
38%
Married, No Kids
36%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
12%
12-17 yrs old
12%
18-34 yrs old
49%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Hunting
NASCAR
Figure Skating
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 Terrace Canyon Dr
The listing price of 507 Terrace Canyon Dr property is $1,499,000.
The property 507 Terrace Canyon Dr is a house located in Dripping Springs, Texas, 78620.
Active Listing: 507 Terrace Canyon Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 507 Terrace Canyon Dr are: Dripping Springs Elementary School (GreatSchools Rating 7/10), Walnut Springs Elementary School (GreatSchools Rating 7/10), Sycamore Springs Elementary School (GreatSchools Rating 8/10), Sycamore Springs Middle School (GreatSchools Rating 10/10), Dripping Springs Middle School (GreatSchools Rating 7/10), Bee Cave Middle School (GreatSchools Rating 9/10), Dripping Springs High School (GreatSchools Rating 8/10), Pathfinder Camp (GreatSchools Rating 2/10), Lake Travis High School (GreatSchools Rating 8/10).
The property at 507 Terrace Canyon Dr has 4 bedrooms and 4 full and 1 half bathrooms.
The property 507 Terrace Canyon Dr is 4,150 SqFt (source: MLS/tax record).
The year of construction for 507 Terrace Canyon Dr is 2025.
This home is located at 507 Terrace Canyon Dr in Dripping Springs, TX and zip code 78620 in the Sunset Canyon neighborhood. This 4,150 square foot home, which was built in 2025, sits on a 1.56 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since June 13, 2025 and is currently priced at $1,499,000.
In June 2025, from all listings sold in Dripping Springs, TX there were more than 4 sold above asking price, over 32 sold below and more than 10 were sold right at the asked price. The inventory of homes for sale in Dripping Springs, TX between May and June 2025 increased by 7.3%. In June 2025 median list price was $672,500 and the average listing age was 72 days.
From Rocket Homes Real Estate and based on county public records data.