Central Dripping Springs · ZIP 78620

Living in 78620: Dripping Springs Neighborhoods & Homes

78620 is the main Dripping Springs ZIP code. It covers the town center and master-planned communities like Headwaters, Caliterra and Big Sky Ranch, plus custom homes and acreage on the edges of town. Homes are zoned to Dripping Springs ISD, and the median sale price was about $603,000 for homes sold July through September 2026.

By Justin Cofield, Texas Realtor·Updated November 2026

The Dripping Springs water tower
$603KMedian sale, Jul–Sep 2026
Dripping Springs ISDSchool district
About 24 miTo the Texas Capitol from City Hall
26Neighborhood guides on this site

78620 real estate market

What homes sell for in 78620

$603,000Median sale priceHomes sold Jul–Sep 2026
−0.9%From a year earlierSame months, 2025
~97 daysTypical time to sellJul–Sep 2026

How 78620 compares

ZIP Area Median sale vs 2025 Time to sell Typical homes Schools
78620 Central Dripping Springs $603,000 −0.9% ~97 days Widest range: master-planned to acreage Dripping Springs ISD
78737 Belterra area, toward Austin $830,000 −1.8% ~58 days Master-planned and upscale Dripping Springs ISD or Austin ISD
78619 Driftwood $939,000 −10.6% ~95 days Custom homes and acreage Dripping Springs ISD (confirm address)

Median sale price, all home types, homes sold July through September 2026: Redfin. Updated each month with The Back Porch.

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New 78620 homes, emailed the day they list.

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Where buyers start

Popular neighborhoods in 78620

Master-planned

Headwaters

Hill Country views, trails, a fitness center and pool.

View homes in Headwaters →
Open space

Caliterra

Along Onion Creek with more than 250 acres of open space and trails.

View homes in Caliterra →
Close to town

Big Sky Ranch

Newer homes with access to Founders Memorial Park.

View homes in Big Sky Ranch →

Find your fit

78620 neighborhoods by type of home

Master-planned communities

Headwaters, Caliterra, Heritage, Arrowhead Ranch

Newer homes near town

Big Sky Ranch, Texas Heritage Village, Cannon Ranch, Esperanza

Established, close to town

Founders Ridge, Meadow Oaks, Butler Ranch Estates, Springlake

Custom homes on larger lots

Sawyer Ranch, Harmon Hills, Saddletree Ranch, Bunker Ranch, Fitzhugh Place, Deerfield Estates, Stonegate, Sunset Canyon

Acreage, 5 acres and up

Bell Springs Ranches, Stagecoach Ranch, Dripping Springs Ranch, Vista West Ranches, Kirby Springs Ranch, Pioneer Ranch

Get the monthly 78620 snapshot

What sold in 78620 and for how much, monthly.

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Before you buy in 78620

Four things to check first

  1. School zoning: Confirm the district for the exact address.
  2. Total tax rate: City limits, MUD and PID taxes change it.
  3. Well and septic: On acreage, inspect both.
  4. Commute: Drive it at rush hour from the neighborhood.

Common questions

Frequently asked questions about 78620

What neighborhoods are in 78620?

78620 includes master-planned communities such as Headwaters, Caliterra, Big Sky Ranch and Heritage, established neighborhoods close to town such as Founders Ridge and Meadow Oaks, and custom-home and acreage communities such as Sawyer Ranch, Bell Springs Ranches and Stagecoach Ranch.

How much do homes cost in 78620?

The median sale price in 78620 was about $603,000 for homes sold July through September 2026, down 0.9% from a year earlier, and homes took about 97 days to sell. Acreage and custom homes sell well above the median; townhomes and older homes close to town sell below it.

Is all of 78620 in Dripping Springs ISD?

The neighborhoods on this page are zoned to Dripping Springs ISD. School boundaries change as the district grows, so confirm the exact address with the district before you buy.

Do homes in 78620 pay city taxes?

Only homes inside Dripping Springs city limits pay the city tax. Many 78620 neighborhoods are outside the city, and some newer communities add a MUD or PID tax instead. Ask for the total tax rate of the exact address.

Should I buy in 78620, 78737 or 78619?

78620 puts you closest to town and has the widest range of homes. 78737 is closer to Austin and sells faster, at a higher median price. 78619, around Driftwood, has the most land and custom homes, and the highest median price.

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What’s your 78620 home worth?

A quick estimate now, then a real number from Justin based on recent 78620 sales.

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Justin Cofield, Texas Realtor

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Comparing 78620 neighborhoods? Talk it through with Justin

Tell me what matters most, whether that’s land, the drive to Austin or a pool and trails, and I’ll narrow 78620 down to the few neighborhoods worth touring.

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