$3,900,000

500 Panther Creek Rd Driftwood, TX 78619

Estimated payment $23,053/month

Total Views 2,934
5 Beds
4.5 Baths
5,848 Sq Ft
$667 Price per Sq Ft

Highlights

  • Guest House
  • Stables
  • RV Carport
  • Dripping Springs Middle School Rated A
  • Heated In Ground Pool
  • Gourmet Kitchen

About This Home

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.

Listing Agent

Monica Fabbio

Christie's Int'l Real Estate Brokerage Phone: (512) 368-8078 License #0504855 Listed on: 03/12/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,751

Year Built

  • Built in 1998 | Remodeled

Lot Details

  • 25 Acre Lot
  • Property fronts a private road
  • Northwest Facing Home
  • Partially Fenced Property
  • Interior Lot
  • Open Lot
  • Sprinkler System
  • Mature Trees
  • Many Trees
  • Private Yard
  • Garden
  • Back and Front Yard

HOA Fees

  • $35 Monthly HOA Fees

Parking

  • 5 Car Detached Garage
  • Parking Storage or Cabinetry
  • Workshop in Garage
  • Parking Accessed On Kitchen Level
  • Side Facing Garage
  • Circular Driveway
  • RV Carport

Property Views

  • Panoramic
  • Woods
  • Hills
  • Seasonal
  • Garden
  • Pool

Home Design

  • Slab Foundation
  • Frame Construction
  • Metal Roof
  • Concrete Siding
  • Masonry Siding
  • Stone Siding
  • Stucco

Interior Spaces

  • 5,848 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Bookcases
  • Bar
  • Woodwork
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Fireplace
  • Double Pane Windows
  • Insulated Windows
  • Blinds
  • Bay Window
  • Window Screens
  • Family Room with Fireplace
  • 2 Fireplaces
  • Multiple Living Areas
  • Dining Room
  • Storage
  • Fire and Smoke Detector

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Gas Range
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 4 Main Level Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Double Vanity
  • Soaking Tub
  • Separate Shower

Pool

  • Heated In Ground Pool
  • In Ground Spa
  • Outdoor Pool

Outdoor Features

  • Balcony
  • Covered patio or porch
  • Fire Pit
  • Separate Outdoor Workshop
  • Outdoor Storage

Additional Homes

  • Guest House

Schools

  • Walnut Springs Elementary School
  • Dripping Springs Middle School
  • Dripping Springs High School

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Stables

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Propane
  • Propane
  • Well
  • Aerobic Septic System
  • Septic Tank
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 1161690000002A04

Community Details

Overview

  • Association fees include common area maintenance
  • Panther Creek HOA
  • Panther Creek Subdivision

Security

  • Controlled Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,751

Year Built

Built in 1998 | Remodeled

Lot Details

0

HOA Fees

$35 per month

Parking

5

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1998
  • Additional Parcels: No
  • Direction Faces: Northwest
  • 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
  • Disclosures: Seller Disclosure
  • Fencing: Partial
  • Fireplaces: 2
  • Garage Spaces: 5
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Levels: Two
  • Living Area: 5848
  • Other Structures: Garage(s), Guest House, RV/Boat Storage, Storage, Workshop
  • Special Listing Conditions: Standard
  • Attribution Contact: (512) 368-8078
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 17103.00
  • FEMA Flood Plain: No
  • Restrictions: Deed Restrictions
  • Tax Exemptions: Agricultural,Homestead,Over 65
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Bar, Bookcases, Breakfast Bar, Built-in Features, Ceiling Fan(s), High Ceilings, Granite Counters, Crown Molding, Kitchen Island, Multiple Dining Areas, Multiple Living Areas, Natural Woodwork, Open Floorplan, Pantry, Primary Bedroom on Main, Recessed Lighting, Soaking Tub, Storage, Walk-In Closet(s)
  • View: Garden, Hill Country, Panoramic, Pool, Trees/Woods
  • Flooring: Carpet, Tile, Wood
  • Fireplace Features: Bedroom, Family Room, Fire Pit, Primary Bedroom, Wood Burning
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Exhaust Fan, Freezer, Gas Range, Microwave, RNGHD, Refrigerator
  • Main Level Bedrooms: 4
  • Property Condition: Updated/Remodeled
  • Security Features: Smoke Detector(s)
  • Spa Features: Hot Tub, In Ground
  • Window Features: Bay Window(s), Blinds, Double Pane Windows, Insulated Windows, Screens, Window Treatments
  • Laundry Location: Inside,Main Level
  • Num Dining: 3
  • Num Living: 4
  • Num Other Level Beds: 1
  • Num Guest Beds: 2

Beds/Baths

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Bedrooms: 5

Exterior Features

  • Exterior Features: Balcony, Garden, Private Yard, RV Hookup
  • Roof: Metal
  • Foundation: Slab
  • Patio And Porch Features: Covered, Front Porch, Patio, Rear Porch
  • Pool Features: Heated, In Ground, Outdoor Pool, Pool/Spa Combo
  • Private Pool: Yes
  • Waterfront Features: Dry/Seasonal
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 5
  • Parking Features: Circular Driveway, Detached, Garage Faces Side, Kitchen Level, Oversized, RV Carport, Storage, Workshop in Garage
  • Total Parking Spaces: 8

Utilities

  • Sewer: Aerobic Septic, Private Sewer, Septic Tank
  • Utilities: Electricity Available, Propane, Water Connected
  • Heating: Central, Forced Air, Propane
  • Water Source: Well
  • Cooling: Ceiling Fan(s), Central Air

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance, See Remarks
  • Association Fee Frequency: Annually
  • Association Fee: 414

Association/Amenities

  • Association Name: Panther Creek HOA
  • Association: Yes
  • Community Features: Controlled Access, Gated

Schools

  • Elementary School: Walnut Springs
  • High School: Dripping Springs
  • Middle/Junior School: Dripping Springs Middle
  • Junior High Dist: Dripping Springs ISD

Lot Info

  • Lot Features: Back Yard, Front Yard, Garden, Interior Lot, Open Lot, Private, Private Maintained Road, Sprinkler - Automatic, Many Trees, Trees-Large (Over 40 Ft), Views
  • Parcel Number: 1161690000002A04
  • Lot Size Acres: 25
  • Lot Size Sq Ft: 1089000
  • Subdivision Name: Panther Creek

Building Info

  • Construction Materials: Concrete, Frame, Masonry – All Sides, Stone, Stucco
  • New Construction: No

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 17750.61
  • Tax Map Number: 2A
  • Tax Filled Sqft Total: 4964
  • Tax Rate: 1.80730000000000

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $17,286 $1,144,785 $0 $0
2022 $17,751 $1,040,725 $0 $0
2021 $17,705 $946,330 $0 $0
2020 $14,712 $906,840 $0 $0
2019 $18,540 $899,020 $0 $0
2018 $18,455 $889,950 $0 $0
2017 $18,138 $868,070 $336,780 $825,600
2016 $17,135 $820,030 $336,780 $777,830
2015 $14,361 $780,740 $336,780 $738,730
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2025 03/18/25 For Sale $3,900,000 0.0% $667 / Sq Ft
03/12/2025 03/12/25 For Sale $3,900,000 -- $667 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

Mortgage History

Date Status Loan Amount Loan Type
Closed $370,000 New Conventional
Closed $370,000 New Conventional
Closed $260,000 Credit Line Revolving
Source: Public Records

Similar Home in Driftwood, TX

  • 500 Panther Creek Rd, Driftwood, TX 78619

    $3,900,000

    • 5 Beds
    • 4.5 Baths
    • 5,848 Sq Ft
    • 500 Panther Creek Rd
    • Driftwood, TX

    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

    Monica Fabbio Christie's Int'l Real Estate

    Section Image

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 8308725

Unlock MLS (Austin Board of REALTORS®)

APN: R137966