Last list price
116 Horseshoe Dr Dripping Springs, TX 78620
North Hays Neighborhood
3
Beds
3
Baths
3,243
Sq Ft
2.8
Acres
Highlights
- Cabana
- Panoramic View
- 2.8 Acre Lot
- Bee Cave Elementary School Rated A-
- Built-In Refrigerator
- Open Floorplan
About This Home
As of July 2025Situated on just under 3 acres (and 2 separate lots), this Dripping Springs estate provides the perfect combination of Hill-Country & Luxury, in an environment that truly represents an escape from the rest of the world! Featuring 3 bedrooms, 3 full bathrooms, 2 interior living spaces and 3 exterior living spaces, this estate is an entertainer and family’s dream. The gourmet kitchen has been completely remodeled and features commercial grade appliances (Wolf, Sub-Zero, etc.) including a warming drawer, wine fridge, custom cabinetry and more. The master retreat is an oversized space with a large walk-in closet, fitted with custom organizers and more. The master spa has also been remodeled and finishes out the space with “floating cabinetry” and upgraded lighting. Continuing through the home, 2 additional bedrooms and a game room provide separation from the rest of the home. With a remodeled laundry room, office with custom cabinetry and many more upgrades, the home appeals to anyone in search of luxury. Outside, one will find a resort style setting with a covered porch, separate covered spaces, outdoor kitchen & fireplace and an oversized pool & hot tub. The primary & adjacent lot are both fully fenced and feature an electric gate entering the property. Surrounded by oak trees, one truly feels at total peace within the backyard oasis, while still close to the hustle and bustle of Bee Cave & Dripping Springs. For sustainability, the property includes a 20,000-gallon rainwater tank, 1,500 gallon holding tank for the well and a generator which gives the benefit of truly “off-grid” living if desired. The home &adjacent lot are located near the end of a cul-de-sac, with access to some of the best schools in Texas within the renowned Lake Travis ISD.
Last Agent to Sell the Property
Agency Texas Inc Brokerage Phone: (512) 355-0150 License #0746293 Listed on: 05/30/2025
Last Buyer's Agent
Non Member
Non Member License #785011
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,960
Year Built
- Built in 2003
Lot Details
- 2.8 Acre Lot
- Southeast Facing Home
- Gated Home
- Masonry wall
- Wrought Iron Fence
- Wood Fence
- Back Yard Fenced
- Sprinkler System
- Wooded Lot
- Many Trees
- LOT 49 SADDLETREE RANCH SEC 3
- Property is in good condition
HOA Fees
- $25 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- Multiple Garage Doors
- Electric Gate
Property Views
- Panoramic
- Woods
- Hills
- Rural
Home Design
- Slab Foundation
- Metal Roof
- Stone Siding
- HardiePlank Type
Interior Spaces
- 3,243 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Built-In Features
- Woodwork
- Beamed Ceilings
- Vaulted Ceiling
- Ceiling Fan
- Skylights
- Recessed Lighting
- Chandelier
- Propane Fireplace
- Vinyl Clad Windows
- Plantation Shutters
- Multiple Living Areas
- Dining Area
Kitchen
- Built-In Convection Oven
- Built-In Gas Range
- Warming Drawer
- <<microwave>>
- Built-In Refrigerator
- Dishwasher
- Kitchen Island
- Quartz Countertops
- Disposal
Flooring
- Wood
- Carpet
- Concrete
- Tile
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Dual Closets
- Walk-In Closet
- 3 Full Bathrooms
- Double Vanity
- Soaking Tub
- Separate Shower
Eco-Friendly Details
- Sustainability products and practices used to construct the property include see remarks
- Gray Water System
Pool
- Cabana
- Heated In Ground Pool
- Heated Spa
- In Ground Spa
- Gunite Pool
- Gunite Spa
- Waterfall Pool Feature
Outdoor Features
- Covered patio or porch
- Outdoor Kitchen
- Outdoor Gas Grill
- Rain Gutters
Schools
- Bee Cave Elementary School
- Bee Cave Middle School
- Lake Travis High School
Utilities
- Central Heating and Cooling System
- Propane
- Well
- Septic Tank
Listing and Financial Details
- Assessor Parcel Number 05090306100000
Community Details
Overview
- Saddle Tree Ranch HOA
- Saddletree Ranch Sec 03 Subdivision
Amenities
- Clubhouse
- Community Mailbox
Recreation
- Community Playground
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 30, 2025
Closed on
Jul 3, 2025
Sold by
Recknor Jesse Cory and Recknor Connie Lynne
Bought by
Alford Alan Scott and Divine Tommie H
Seller's Agent
Sarah Morris
Agency Texas Inc
Buyer's Agent
Non Member
Non Member
List Price
$1,300,000
Sold Price
$1,185,000
Premium/Discount to List
-$115,000
-8.85%
Views
5
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-89.92%
Original Mortgage
$875,000
Outstanding Balance
$875,000
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$181,543
Purchase Details
Listed on
Aug 2, 2024
Closed on
Dec 31, 2024
Sold by
Gustafson Charles M and Gustafson Shelley A
Bought by
Recknor Jesse Cory and Recknor Connie Lynne
Seller's Agent
Stephen Pivach
Pivach Properties LLC
Buyer's Agent
Steven Morris
Agency Texas Inc
List Price
$1,499,990
Sold Price
$1,250,000
Premium/Discount to List
-$249,990
-16.67%
Views
58
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-10.13%
Purchase Details
Closed on
Sep 22, 2003
Sold by
Summit Builders Inc
Bought by
Gustafson Charles M and Gustafson Shelley A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 5, 2003
Sold by
Bowen David
Bought by
Summit Builders Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,000
Interest Rate
5.9%
Purchase Details
Closed on
Dec 12, 2002
Sold by
Mclean William P and Mclean Carlotta C
Bought by
Bowen David
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,000
Interest Rate
5.9%
Purchase Details
Closed on
Aug 19, 1996
Sold by
Robert E Peerman Inc
Bought by
Embry David J and Embry Carol L
Similar Homes in Dripping Springs, TX
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Listed On Document | |
| Warranty Deed | -- | Capital Title | |
| Warranty Deed | -- | Capital Title | |
| Vendors Lien | -- | -- | |
| Vendors Lien | -- | -- | |
| Vendors Lien | -- | -- | |
| Warranty Deed | -- | Southwestern Title Company | |
| Warranty Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $875,000 | New Conventional | |
| Previous Owner | $314,000 | New Conventional | |
| Previous Owner | $340,000 | New Conventional | |
| Previous Owner | $295,000 | Purchase Money Mortgage | |
| Previous Owner | $307,000 | No Value Available | |
| Previous Owner | $31,390 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/03/2025 07/03/25 | Sold | -- | -- | -- |
| 06/02/2025 06/02/25 | Pending | -- | -- | -- |
| 05/30/2025 05/30/25 | For Sale | $1,300,000 | 0.0% | $401 / Sq Ft |
| 12/31/2024 12/31/24 | Sold | -- | -- | -- |
| 11/26/2024 11/26/24 | Price Changed | $1,300,000 | -7.1% | $401 / Sq Ft |
| 10/18/2024 10/18/24 | Price Changed | $1,399,990 | -5.1% | $432 / Sq Ft |
| 09/11/2024 09/11/24 | Price Changed | $1,474,990 | -1.7% | $455 / Sq Ft |
| 08/02/2024 08/02/24 | For Sale | $1,499,990 | -- | $463 / Sq Ft |
Source: Unlock MLS (Austin Board of REALTORS®)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2023 | $4,604 | $754,031 | $0 | $0 |
| 2022 | $11,761 | $685,483 | $0 | $0 |
| 2021 | $11,212 | $623,166 | $51,415 | $571,751 |
| 2020 | $11,190 | $585,139 | $51,415 | $533,724 |
| 2018 | $10,519 | $530,226 | $51,415 | $478,811 |
| 2017 | $10,366 | $517,834 | $51,415 | $485,603 |
| 2016 | $9,424 | $470,758 | $51,415 | $433,709 |
| 2015 | $5,824 | $427,962 | $51,415 | $435,073 |
| 2014 | $5,824 | $389,056 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Sarah Morris
Seller's Agent in 2025
Sarah Morris
Agency Texas Inc
(512) 599-7642
1 in this area
34 Total Sales
-
Steven Morris
S
Seller Co-Listing Agent in 2025
Steven Morris
Agency Texas Inc
(512) 507-7676
1 in this area
12 Total Sales
-
N
Buyer's Agent in 2025
Non Member
Non Member
-
S
Seller's Agent in 2024
Stephen Pivach
Pivach Properties LLC
Map
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 7017206
APN: 353610
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