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17503 Panorama Dr, Dripping Springs, TX, 78620

3beds
3baths
2,312sqft
$499,000
$216price/sqft
$3,643/moest. monthly cost
$145,720/yrincome needed

About This Home

17503 Panorama Dr, Dripping Springs TX 78620 is a 3-bedroom, 2.5-bath single-family home listed at $499,000 ($216/sqft), offering 2,312 square feet of interior living space on a 0.26-acre lot in the Highland Creek Lakes subdivision, built in 2022. No mandatory HOA. and 1.56% tax rate — one of the lowest in Hays County. This move-in-ready two-story home features coffered ceilings, quartz countertops, a kitchen island, shaker cabinets, a full stainless steel appliance package (new refrigerator conveys), and a decorative electric fireplace. The primary suite is on the main level with balcony access, double vanity, rain shower, and oversized walk-in closet. Zoned to Lake Travis ISD and located approximately 35 miles from downtown Austin via US-290 — with lake access, a community park, and Hill Country views from the game room and primary suite balcony. Priced at $216/sqft, below the Dripping Springs average for 2022-built Lake Travis ISD homes. Accepts Cash, Conventional, FHA and VA Financing.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
6
BikeSomewhat Bikeable

Schools

8/10
7/10

Construction

Condition

  • Property condition: New Construction
  • New construction: Yes
  • Year built: 2022

Materials

  • Foundation: Slab
  • Roof: Shingle

Other

  • Builder name: ON FILE

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Electric Range,Microwave,Oven,Free-Standing Electric Range,Refrigerator,Free-Standing Refrigerator,Stainless Steel Appliance(s)

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1
  • Main level bedrooms: 1

Features

  • Ceiling Fan(s),Quartz Counters,Double Vanity,Interior Steps,Kitchen Island,Multiple Living Areas,Open Floorplan,Pantry,Primary Bedroom on Main,Recessed Lighting,Walk-In Closet(s)
  • Window features: Double Pane Windows,Screens
  • Flooring: Carpet,Tile
  • Number of fireplaces: 1
  • Fireplace features: Decorative,Electric,Family Room,Insert,Living Room

Heating & Cooling

  • Heating features: Central,Fireplace Insert
  • Cooling features: Ceiling Fan(s),Central Air

Interior Area

  • Total interior livable area: 2,312 sqft

Primary Bedroom

  • Level: Main

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 01059701680000
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Patio & porch: Covered,Deck
  • Exterior features: Exterior Steps
  • Fencing: None
  • Has view: Yes
  • View description: Hill Country
  • Waterfront features: None

Lot

  • Lot size: 0.26 Acres
  • Features: Back Yard,Few Trees,Front Yard,Gentle Sloping,Views

Parking

  • Total spaces: 2
  • Parking features: Attached,Garage,Garage Door Opener,Garage Faces Front
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tornado
    TornadoVery High
  • Hail
    HailRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Tornado
Hail
Inland Flooding
Heat Wave
Strong Wind
Wildfire

FEMA Declared Disasters Across Texas Counties

Flood
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,523$30,276
Home Insurance *$208$2,496
Property Taxes $659$7,908
Electricity $253$3,046
Total$3,643$43,716
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$124,902/yr
40% on housing$109,290/yr
45% on housing$97,146/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.4%
6.4%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: 0.1%
0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$216This listing

vs Other Active Listings

Avg $/sqft

ZIP 78620$523
Travis County$334

vs Homes Sold Last Month

Median $/sqft

ZIP 78620$246
Travis County$233

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-26Listed for sale$499,000
2026-03-02Listing removed$2,850
2026-01-08Listing removed$530,000
2025-12-16Price change$530,000
2025-10-29Listed for rent$2,850
2025-08-12Price change$550,000
2025-06-17Price change$575,000
2025-05-29Price change$585,000
2025-05-20Price change$589,000
2025-03-10Listed for sale$590,000
2024-09-24Listing removed$559,900
2024-08-10Price change$559,900
2024-06-17Price change$579,500
2024-06-02Price change$589,500
2024-04-24Price change$599,500
2024-02-25Listed for sale$615,000
2023-10-01Listing removed--
2023-08-08Price change$665,000
2023-07-05Price change$645,000
2023-05-17Listed for sale$650,000
2023-04-13Listing removed--
2022-11-23Price change$679,000
2022-10-16Listed for sale$710,838

New Construction

AgentAmanda Ruiz
BrokerageDreamway Realty

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