
551 Gatlin Creek Rd Dripping Springs, TX 78620
Estimated payment $5,186/month
Highlights
- Barn or Stable
- Ranch Style House
- Walk-In Pantry
- Dripping Springs Middle School Rated A
- Granite Countertops
- Attached Garage
About This Home
HORSE LOVERS TAKE NOTICE! Incredible Views! Just 10 minutes from Dripping Springs, 12 minutes to Wimberley, and less than a mile from RR12 but you feel a world away. Sit on your back porch and watch the horses in the back pasture. This custom-built home and barn sit on 2.22 acres of rolling pasture. This three-bedroom and two-bathroom home was built by a local custom home builder and looks like it did the day it was turned over to the owner. The home features a ton of upgrades that can be seen and more importantly those that can't. Split bedroom floor plan with open living space and kitchen between. Custom cabinets, stained concrete floors throughout, high ceilings, and a large wood-burning fireplace in the living room Home was built to last with 2X6 exterior walls, spray foam insulation throughout, stone and cement board siding, full-length front and back porches; with electric roll up solar screens on the back porch, standing seam metal roof and a large 2 car covered carport attached.
The horse barn is a 36' X 36' Morton Building two-stall horse barn. If you know horse barns, you know Morton Buildings are one of the best available. The barn has a wash stall; with hot and cold water, a large tack room, storage over the tack room, and a second-story loft for hay storage that runs the full length of the barn. The barn also has full-length 12-foot wide bump-outs that keep the horses dry and on the opposite side enough room to store your horse trailer under cover. Behind the barn, there is also a stand-alone 12' X 12' stand-alone stall with electricity, that was built about a year ago. The barn was set up by a horse lover and no expense was spared.
The property is completely fenced and cross-fenced. Three separate turn-out areas not including all of the space around the home, are not currently used for the horses just a lawn. All native grasses grow on the property and the horses love to graze on them.
This one has it all, don't miss this opportunity.

Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,074
Lot Details
- Property fronts a county road
- Cross Fenced
- Irregular Lot
- Lot Has A Rolling Slope
- Current uses include livestock
Home Design
- Ranch Style House
- Slab Foundation
- Foam Insulation
- Metal Roof
- Stone Exterior Construction
- Radiant Barrier
Interior Spaces
- Ceiling Fan
- Decorative Lighting
- Wood Burning Fireplace
- Stone Fireplace
- Double Pane Windows
- Low Emissivity Windows
- Insulated Doors
- Concrete Flooring
- Home Security System
Kitchen
- Walk-In Pantry
- Self-Cleaning Oven
- Free-Standing Electric Range
- Built-In Microwave
- Granite Countertops
Bedrooms and Bathrooms
- 3 Bedrooms
- Split Bedroom Floorplan
- Linen Closet
- Walk-In Closet
- 2 Full Bathrooms
- Split Vanities
- Garden Bath
- Separate Shower
Laundry
- Laundry Room
- Washer and Electric Dryer Hookup
Parking
- Attached Garage
- Side or Rear Entrance to Parking
- Automatic Gate
Location
- Outside City Limits
Farming
- Loafing Shed
- Pasture
- Fenced For Horses
Horse Facilities and Amenities
- Horses Allowed On Property
- Water to Barn
- Barn or Stable
Utilities
- Co-Op Electric
- Water Filtration System
- Well
- Electric Water Heater
- Water Softener
- Septic Tank
- Phone Available
Map
Home Values in the Area
Average Home Value in this Area
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 |
---|---|---|---|---|
2024 | $4,074 | $613,897 | $426,140 | $303,680 |
2023 | $8,427 | $558,088 | $426,140 | $350,820 |
2022 | $8,653 | $507,353 | $335,260 | $302,990 |
2021 | $8,629 | $461,230 | $186,260 | $274,990 |
2020 | $6,274 | $419,300 | $158,320 | $260,980 |
2019 | $7,926 | $384,370 | $130,380 | $253,990 |
2018 | $7,269 | $350,520 | $109,370 | $241,150 |
2017 | $7,200 | $344,600 | $109,280 | $235,320 |
2016 | $6,305 | $301,770 | $109,280 | $192,490 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/01/2025 07/01/25 | Price Changed | $769,000 | -0.8% | $382 / Sq Ft |
06/16/2025 06/16/25 | Price Changed | $775,000 | -2.5% | $385 / Sq Ft |
05/27/2025 05/27/25 | Price Changed | $795,000 | -0.5% | $395 / Sq Ft |
04/23/2025 04/23/25 | Price Changed | $799,000 | -3.2% | $397 / Sq Ft |
03/10/2025 03/10/25 | For Sale | $825,000 | -5.7% | $409 / Sq Ft |
01/20/2023 01/20/23 | For Sale | $875,000 | -- | $434 / Sq Ft |
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