186 Grayson Elm Pass, Dripping Springs, TX, 78620
About This Home
Discover this new construction home at 186 Grayson Elm Pass in Dripping Springs, Texas. This thoughtfully designed 4-bedroom, 3-bathroom home offers an open-concept perfect for daily life and entertaining. The open-concept design creates natural flow between the main gathering areas, making it ideal for entertaining and daily living. The owner's bedroom, located on the upper level, offers privacy and separation from the other bedrooms, while each space has been thoughtfully planned to maximize comfort and functionality. Quality construction and finishes enhance the home's design, providing an inviting atmosphere throughout. This new construction home represents an excellent opportunity to own a residence in Dripping Springs combining modern design, functional living spaces, and a prime neighborhood location.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: New Construction
- New construction: Yes
- Year built: 2026
Materials
- Foundation: Slab
- Roof: Composition, Shingle
Other
- Builder name: M/I Homes
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Disposal,ENERGY STAR Qualified Appliances,Exhaust Fan,Gas Range,Microwave,Self Cleaning Oven,Stainless Steel Appliance(s),Vented Exhaust Fan,Gas Water Heater,Tankless Water Heater
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
- Main level bedrooms: 1
Features
- Breakfast Bar,Ceiling Fan(s),High Ceilings,Double Vanity,Electric Dryer Hookup,High Speed Internet,Interior Steps,Kitchen Island,Open Floorplan,Pantry,Recessed Lighting,Smart Home,Walk-In Closet(s),Wired for Data
- Window features: Blinds,Double Pane Windows,ENERGY STAR Qualified Windows,Insulated Windows,Low Emissivity Windows,Screens,Vinyl Windows
- Flooring: Carpet,Tile
Heating & Cooling
- Heating features: Central,ENERGY STAR Qualified Equipment,Natural Gas,Zoned
- Cooling features: Ceiling Fan(s),Central Air,Electric,ENERGY STAR Qualified Equipment,Zoned
Interior Area
- Total interior livable area: 1,963 sqft
Kitchen
- Features: Pantry
- Level: Main
Primary Bathroom
- Features: Double Vanity
- Level: Second
Primary Bedroom
- Features: Walk-In Closet(s)
- Level: Second
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 186graysonelm
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
- Pool features: None
- Patio & porch: Covered,Front Porch,Rear Porch
- Exterior features: Gutters Partial,Lighting,No Exterior Steps,Pest Tubes in Walls,Private Yard
- Fencing: Back Yard, Fenced, Full, Gate, Privacy, Wood
- Has view: Yes
- View description: Hill Country,Neighborhood
- Waterfront features: None
Lot
- Lot size: 5,401 sqft
- Features: Back Yard,Front Yard,Landscaped,Sprinkler - Automatic,Sprinkler - Back Yard,Sprinklers In Front,Sprinkler - In-ground,Sprinkler - Rain Sensor,Sprinkler - Side Yard,Trees-Small (Under 20 Ft),Views
- Lot size dimensions: 40 x 136
Parking
- Total spaces: 2
- Parking features: Concrete,Driveway,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
- Hail
- Lightning
- Tornado
- Winter Weather
- Cold Wave
- Heat Wave
- Inland Flooding
- 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 | $2,123 | $25,476 |
| Home Insurance * | $175 | $2,100 |
| Property Taxes | $489 | $5,868 |
| Electricity | $238 | $2,859 |
| Total | $3,025 | $36,300 |
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 |
|---|---|---|
| 2026-04-14 | Price change | $419,990 |
| 2026-03-03 | Price change | $429,990 |
| 2026-02-11 | Price change | $449,990 |
| 2026-02-04 | Price change | $454,990 |
| 2026-01-06 | Price change | $459,990 |
| 2025-09-17 | Price change | $465,040 |
| 2025-09-04 | Listed for sale | $441,690 |
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