298 Premier Park Loop, Dripping Springs, TX, 78620
About This Home
Welcome to 298 Premier Park Loop in the prestigious Caliterra community of Dripping Springs. Offering 4,775 square feet of thoughtfully designed living space, this exceptional home combines timeless style with a floor plan designed for today's lifestyle. Filled with natural light and soaring ceilings, the home offers five spacious bedrooms and four-and-a-half bathrooms. The main level is ideal for multigenerational living or households with multiple remote professionals, featuring a dedicated home office, a private secondary bedroom with an ensuite bath, and a luxurious primary suite. The primary retreat includes a spa-inspired bath with dual shower heads, frameless glass doors, and an oversized walk-in closet complete with a mini-split system and hardwired Ethernet—perfect as a home office, fitness room, or flex space. The gourmet kitchen features quartz countertops, abundant cabinetry, and an oversized island overlooking the living and dining areas. A formal dining room and breakfast nook provide space for both entertaining and everyday meals, while the living room showcases soaring ceilings and a cozy fireplace. Upstairs you'll find a spacious loft, dedicated media room, and three additional bedrooms. A well-appointed laundry room with extensive cabinetry and a utility sink, plus an oversized three-car garage, add everyday convenience. Outside, enjoy park views and miles of scenic walking trails beneath Caliterra's signature towering oak trees. Located directly across the street from the community amenity center, you'll enjoy easy access to the resort-style pool, clubhouse, playgrounds, dog parks, and neighborhood gathering spaces. Combining an exceptional floor plan with one of Caliterra's most desirable locations, 298 Premier Park Loop offers an outstanding opportunity to enjoy luxury living in the heart of Dripping Springs.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 2020
Materials
- Foundation: Slab
- Roof: Composition
Other
- Builder name: Drees Custom Homes
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Disposal,Exhaust Fan,Gas Cooktop,Microwave,Double Oven,RNGHD,Gas Water Heater
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
- Main level bedrooms: 2
Features
- Breakfast Bar,Ceiling Fan(s),High Ceilings,Quartz Counters,Double Vanity,Eat-in Kitchen,French Doors,High Speed Internet,Interior Steps,Kitchen Island,Multiple Dining Areas,Multiple Living Areas,Open Floorplan,Pantry,Primary Bedroom on Main,Recessed Lighting,Smart Thermostat,Soaking Tub,Storage,Study/Home Office,Walk-In Closet(s),Wired for Data
- Window features: Blinds,Double Pane Windows
- Flooring: Carpet,Tile,Wood
- Number of fireplaces: 1
- Fireplace features: Family Room
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total interior livable area: 4,775 sqft
Media Room
- Level: Second
Office
- Features: Ceiling Fan(s)
- Level: Main
Primary Bedroom
- Features: Quartz Counters,Double Vanity,Soaking Tub
- Level: Main
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 111083000A007004
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
- Pool features: None
- Patio & porch: Covered,Patio
- Exterior features: Gutters Partial
- Spa features: None
- Fencing: Fenced, See Remarks
- Has view: Yes
- View description: Park/Greenbelt
- Waterfront features: None
Lot
- Lot size: 0.37 Acres
- Features: Interior Lot,Sprinkler - Automatic,Sprinkler - In-ground,Trees-Small (Under 20 Ft)
- Lot size dimensions: 100 x 150
Parking
- Total spaces: 3
- Parking features: Attached,Driveway,Garage Faces Front,Garage Faces Side
- Has garage: Yes
- Attached garage spaces: 3
- Covered spaces: 3
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
- Tornado
- Winter Weather
- Cold Wave
- Heat Wave
- Inland Flooding
- Lightning
- 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 | $4,803 | $57,636 |
| Home Insurance * | $397 | $4,764 |
| Property Taxes | $1,108 | $13,296 |
| Electricity | $524 | $6,291 |
| Total | $6,832 | $81,984 |
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 |
|---|---|---|
| 2026-08-18 | Contingent | $925,000 |
| 2026-08-12 | Price change | $925,000 |
| 2026-07-08 | Listed for sale | $950,000 |
| 2025-04-29 | Listing removed | $1,075,000 |
| 2025-03-24 | Price change | $1,075,000 |
| 2025-02-28 | Listed for sale | $1,150,000 |
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