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220 Meadow Oaks Dr

Dripping Springs, TX 78620

5 beds
4 baths
2,835 sqft
~1/2 acre lot
$264 per sqft
1995 build
– on site

Discover the perfect blend of hill country living and investment potential at this exceptional property in the heart of Dripping Springs. This property consists of a four bedroom three bath main house as well as a large detached structure housing a complete guest apartment and an epic game room. Currently being used as an income producing short term rental property, this place is being offered fully-furnished for a plug and play profitable airbnb investment. However, it would also work wonderfully for any one looking for a property that can accommodate multi-generational living, a home-based business, hobby enthusiasts, or those seeking a primary residence with a detached rental income generating space. The main house features 4 bedrooms and 3 full bathrooms, a dedicated dining room, a sunroom, and an attached two car garage. For added flexibility, the detached 28' x 42' secondary building offers endless possibilities. The expansive game room is perfect for entertainment, or this space could be used for hobbyists or those looking for extra storage for large toys such as cars, boats or RVs. Attached to the current game room is a 1 bedroom, 1 bathroom guest suite—complete with its own kitchen and laundry connections and a separate driveway— this area provides a private space for extended family, visitors or one could use it as an income generating rental. Outside, the large, level backyard is designed for relaxation and outdoor enjoyment. Take a dip in the plunge pool, gather around the fire pit, or enjoy an alfresco meal on the deck. There’s plenty of space for whatever your heart desires. This versatile property is located in the heart of the hill country in Dripping Springs. It is minutes away from cafes and restaurants in downtown dripping and also situated within easy access to popular breweries, distilleries, and wedding venues.

Listing courtesy of ABOR / Erika Albert / E-Rae Realty

Last checked: Checking… • Last updated Jul 12, 2025 •

MLS# 9630573 —

The Building

Year Built:

1995
New Construction:

false
Roof:

Composition
Foundation:

Slab
Exterior Features:

Gray Water System
Accessibility Features:

None
Patio And Porch Features:

Covered
Window Features:

Blinds
Levels:

One
Direction Faces:

NW
Habitable Residence:

false

Interior

Interior Features:

Ceiling Fan(s)
Living:

2
Dining:

1
Flooring:

Carpet
Fireplace:

Living Room
Fireplaces Total:

1
Laundry Location:

Laundry Room

Room Dimensions

Living Area:

2835
Living Area Source:

Public Records

Financial & Terms

Possession:

Funding
Restrictions:

Deed Restrictions

Location

Latitude:

30.203752
Longitude:

-98.10958
Directions:

From Austin: Follow TX-1 Loop S and US-290 W to Old Hwy 290 > Drive to Meadow Oaks Dr

The Property

Property Type:

Residential
Subtype:

Single Family Residence
Parcel Number:

1153350000088004
Property Condition:

Resale
Other Structures:

Guest House
Lot Features:

Interior Lot
Lot Size Acres:

0.5
Lot Size Area:

0 Sqft
Lot Size SqFt:

21,780 Sqft
SqFt Total:

2,771 Sqft
View:

None
Waterfront:

false
Waterfront Features:

None
Horse:

false
Additional Parcels:

false
Fencing:

Masonry
FEMA Flood Plain:

No

Listing Agent

Contact info:

Beds

Bedrooms Total:

5
Main Level Bedrooms:

5

Baths

Total Baths:

4
Total Baths:

4
Full Baths:

4

The Listing

Special Listing Conditions:

Standard
Listing Terms:

Cash
Occupant Type:

Tenant

Heating & Cooling

Heating:

Central
Cooling:

Central Air

Utilities

Utilities:

Electricity Connected
Sewer:

Septic Tank
Water Source:

Public
Electric On Property:

true

Appliances

Appliances:

Dishwasher

Schools

Elementary School:

Walnut Springs
Elementary School District:

Dripping Springs ISD
Middle School:

Dripping Springs Middle
Middle School District:

Dripping Springs ISD
High School:

Dripping Springs
High School District:

Dripping Springs ISD

The Community

Subdivision Name:

Meadow Oaks Ph I
Community Features:

See Remarks
Pool Private:

true
Pool Features:

In Ground

Parking

Parking Features:

Garage
Garage:

true
Attached Garage:

false
Garage Spaces:

2
Covered Spaces:

2

Monthly cost estimate

Asking price

$750,000

Expense	Monthly cost
Mortgage	$4,016
Taxes	N/A
Insurance	$206
Utilities	$215 See report
Total	$4,437/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Air Pollution Index

Provided by ClearlyEnergy

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This house located in Dripping Springs, TX 78620 is currently for sale for $750,000. 220 Meadow Oaks Dr is a 2,835 square foot house with 5 beds and 4 baths that has been on Estately for 1 days.

Based on information from the Austin Board of REALTORS® and ACTRIS 2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.