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307 Cathedral Mountain Dr, Dripping Springs, TX, 78620

5beds
4baths
3,369sqft
$599,995
$178price/sqft
$4,588/moest. monthly cost
$183,520/yrincome needed

About This Home

Skip the wait for privacy and shade! Tucked away on a quiet cul-de-sac street in Big Sky Ranch, this home offers rare peace of mind with a protected lot across the street that remains undeveloped, showcasing the beautiful Eastern views of the hill country. The backyard has already been enhanced with four mature trees and a dedicated irrigation system, providing an established feel from day one unlike standard new construction. Completed in 2024, this thoughtfully designed Meritage Homes residence offers 5 bedrooms, 4 full bathrooms, and approximately 3,369 square feet of beautifully planned living space across two levels. The main floor is designed for both everyday comfort and effortless entertaining, with an open concept living area that flows seamlessly into the kitchen and dining spaces. The kitchen features a large center island with breakfast bar seating, gas cooktop, stainless steel appliances, generous cabinetry, and a walk in pantry. Just off the dining area, a covered patio creates an easy extension for outdoor dining, morning coffee, or relaxing evenings in your increasingly private backyard. The primary suite is privately situated on the main level and includes a spacious bedroom, large walk in closet, and an en suite bath with dual vanities, soaking tub, and separate shower. Also on the first floor are a secondary bedroom and full bathroom, along with a dedicated office offering flexibility for remote work, guests, or multi generational living. The three car garage adds everyday functionality. Upstairs, the layout expands to include a large central family room, a separate bonus room ideal for media, play, or hobbies, plus three additional bedrooms, including one with a private en suite bathroom. An additional full bathroom serves the remaining bedrooms. Residents enjoy access to community amenities including a pool and park areas, all within highly regarded DSISD.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
8
BikeSomewhat Bikeable

Schools

8/10
7/10

Construction

Condition

  • Property condition: Resale
  • Year built: 2024

Materials

  • Foundation: Slab
  • Roof: Composition

Other

  • Builder name: Meritage Homes

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Exhaust Fan,Gas Cooktop,Gas Range,Microwave,Oven,Stainless Steel Appliance(s)

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 4
  • Main level bedrooms: 2

Features

  • Breakfast Bar,Ceiling Fan(s),High Ceilings,Electric Dryer Hookup,Kitchen Island,Multiple Living Areas,Open Floorplan,Pantry,Primary Bedroom on Main,Recessed Lighting,Soaking Tub,Walk-In Closet(s),Washer Hookup
  • Window features: Blinds,Screens
  • Flooring: Carpet,Vinyl
  • Number of fireplaces: 1
  • Fireplace features: Electric,Living Room

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 3,369 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 1103960042024004
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Patio & porch: Covered
  • Exterior features: Gutters Full,Private Yard
  • Fencing: Back Yard, Fenced, Wood
  • Has view: Yes
  • View description: Neighborhood
  • Waterfront features: None

Lot

  • Lot size: 7,187 sqft
  • Features: Back Yard,Landscaped,Sprinkler - Automatic,Trees-Small (Under 20 Ft)

Parking

  • Total spaces: 3
  • Parking features: Attached,Driveway,Garage Door Opener,Garage Faces Front
  • 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

  • Lightning
    LightningVery High
  • Tornado
    TornadoVery High
  • Hail
    HailRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Lightning
Tornado
Hail
Heat Wave
Inland Flooding
Strong Wind
Winter Weather
Cold Wave
Wildfire

FEMA Declared Disasters Across Texas Counties

Severe Storm
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 $3,033$36,396
Home Insurance *$250$3,000
Property Taxes $936$11,232
Electricity $369$4,439
Total$4,588$55,056
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$157,302/yr
40% on housing$137,640/yr
45% on housing$122,346/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: 5.3%
5.3%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: 0.5%
0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$178This listing

vs Other Active Listings

Avg $/sqft

ZIP 78620$523
Hays County$297

vs Homes Sold Last Month

Median $/sqft

ZIP 78620$246
Hays County$178

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)

No zestimate history available

Price History

DateEventPrice
2026-03-13Listed for sale$599,995
2024-08-06Listing removed$629,990
2024-05-21Pending sale$629,990
2024-03-27Listed for sale$629,990

For Sale by Agent

AgentAshley Tullis, Keller Williams Realty
BrokerageKeller Williams Realty

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