2874 Elder Hill Rd, Driftwood, TX, 78619
About This Home
Gorgeous hill country 51 acres on desirable Elder Hill Road in Driftwood. Hard to find large acreage, which has not been fully developed has plenty of stunning homesites. A beautifully designed Guest House is surrounded by fountains with large screened in porch. The porch steps lead out to the gazebo with amazing views. This one bedroom, 2 bath home with gas fireplace, tall ceilings. 2 car oversize garage with epoxy floors. The Sellers had planned to build the main house in the middle of the property with outstanding views but found that the guest house provided maximum comfort for day-to-day living. Opposite the property is a 1900 sf workshop with separate office, one bedroom and bath. Could easily be converted into another guest house. Ag exempt. Close to the famous Salt Lick Restaurant and Camp Lucy Resort, 12 miles from Wimberly, 8 miles from Dripping Springs and 26 miles to downtown Austin.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2007
Materials
- Foundation: Slab
- Construction materials: Batts Insulation,Cement Board,Stone
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subType: Farm
Interior
Appliances
- Appliances included: Water Heater,Disposal,Dryer,Refrigerator,Washer,Water Softener,Convection Oven,Electric Oven,Microwave,Electric Cooktop,Dishwasher
- Laundry features: Electric Dryer Hookup,Washer Hookup
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 2
- Full bathrooms: 2
Features
- High Ceilings,Wired for Sound,Primary Bed - 1st Floor
- Door features: Insulated Doors
- Window features: Insulated/Low-E windows,Window Coverings
- Flooring: Travertine
- Number of fireplaces: 1
- Fireplace features: Gas Log
- Fireplace: Yes
Heating & Cooling
- Heating features: Electric,Heat Pump
- Cooling features: Ceiling Fan(s),Electric,Heat Pump
Interior Area
- Total structure area: 1,132
- Total interior livable area: 1,132 sqft
Kitchen
- Features: Kitchen open to Family Room,Pots/Pans Drawers,Reverse Osmosis,Under Cabinet Lighting
Master Bathroom
- Features: Primary Bath: Shower Only,Two Primary Baths
Property
Accessibility
- Accessibility features: Customized Wheelchair Accessible,Master Bath Disabled Access
Details
- Parcel number: R113479
Features
- Stories: 1
- Fencing: Fenced
- Topography of land: Ravine,Rolling
Lot
- Lot size: 51.65 Acres
- Features: Pasture,50 or more Acres
Parking
- Total spaces: 2
- Parking features: Oversized,Garage Door Opener
- 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
- Hail
- Inland Flooding
- Lightning
- Tornado
- Winter Weather
- Cold Wave
- Heat Wave
- Strong Wind
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters Across Texas Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $22,754 | $273,048 |
| Home Insurance * | $1,352 | $16,224 |
| Property Taxes | $687 | $8,244 |
| Electricity | $238 | $2,859 |
| Total | $25,031 | $300,372 |
Income You'd Need if You Spent...
Texas FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-02-18 | Price change | $4,500,000 |
| 2025-11-03 | Price change | $4,950,000 |
| 2024-09-18 | Listed for sale | $5,500,000 |
For Sale by Agent
View on Zillow