Dripping Springs · ZIP 78620 · New homes near Founders Park

Cannon Ranch Homes for Sale in Dripping Springs ISD

Cannon Ranch is a neighborhood of new homes on the east side of Dripping Springs, near Founders Park Road in 78620, in Dripping Springs ISD. Homes have been built from 2024 on, and the builder is still selling new homes, mostly on lots of about a tenth to an eighth of an acre, on public water and sewer, with a park, playground and trails, and HOA dues of about $45 a month. It is about 1.5 miles from Dripping Springs City Hall and 24 miles from the Texas Capitol.

By Justin Cofield, Texas Realtor·Updated November 2026

78620Dripping Springs
Dripping Springs ISDWildwood Springs Elementary
About ⅛-acre lotsBuilt 2024 on
1.5 miTo City Hall

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Where is Cannon Ranch, and how far is it to downtown Dripping Springs and Austin?

Cannon Ranch is on the east side of Dripping Springs near Founders Park Road, on streets such as Ranier Way, Crater Lake Drive, Kings Canyon Drive, Denali Way and Wrangell Way. Homes have a Dripping Springs address (78620).

It is about 1.5 miles (5 minutes) to Dripping Springs City Hall and about 23.5 miles (about 34 minutes in early-afternoon traffic) to the Texas Capitol. Expect longer at rush hour, especially on US 290.

Google Maps, measured November 6, 2026 in early-afternoon traffic, from Crater Lake Drive in Cannon Ranch.

What are the homes and lots like?

Homes have been built from 2024 on, and the builder is still selling new homes. Most are about 1,500 to 2,700 square feet on lots of about a tenth to an eighth of an acre, a few up to about a quarter.

Redfin sold records (MLS data), sales from November 2021 to November 2026, checked November 6, 2026.

What amenities does Cannon Ranch have?

A park, a playground and trails, according to MLS community features. Founders Memorial Park is nearby.

Redfin sold records (MLS data), sales from November 2021 to November 2026, checked November 6, 2026.

What do homes in Cannon Ranch sell for?

The homes for sale on this page update automatically from the MLS. Justin can pull exact recent sales for any home you are considering, so you can see what similar homes sold for.

Does Cannon Ranch have an HOA?

Yes. Dues were about $45 a month in recent sales and cover common area maintenance. Ask Justin for the current amount and what it covers.

Redfin sold records (MLS data), sales from November 2021 to November 2026, checked November 6, 2026.

What are property taxes like in Cannon Ranch?

Cannon Ranch is in Dripping Springs ISD. The Dripping Springs ISD rate is $1.0985 per $100 of taxable value for 2026–27. Homes inside Dripping Springs city limits also pay the city rate ($0.219217 per $100 for 2026–27), and your total also depends on the county and any utility district for the address, so look it up on the Hays County Appraisal District website. A homestead exemption lowers the school portion.

Dripping Springs ISD and City of Dripping Springs 2026–27 rates: Community Impact, October 2026. Updated each October.

Which schools serve Cannon Ranch?

Cannon Ranch is zoned to Dripping Springs ISD: Wildwood Springs Elementary, which opened in 2025, Dripping Springs Middle School and Dripping Springs High School. Confirm the exact address with the district’s school finder.

Dripping Springs ISD school boundary map (schoolmapsonline.com), addresses checked November 6, 2026.

Does Cannon Ranch have city water and sewer?

Yes. Recent sales show public water and public sewer. Check internet providers for the exact address.

Redfin sold records (MLS data), sales from November 2021 to November 2026, checked November 6, 2026.

What’s close to Cannon Ranch?

  • Downtown: Mercer Street’s shops and restaurants in Dripping Springs, about 5 minutes west
  • Errands: grocery stores and shopping along US 290 in Dripping Springs
  • Outdoors: Founders Memorial Park, Dripping Springs Ranch Park, Hamilton Pool Preserve and Reimers Ranch Park

Is Cannon Ranch a good fit for me?

It fits buyers who want a brand-new home with a small yard and low HOA dues, a few minutes from downtown Dripping Springs. For new homes with a pool, compare Heritage or Big Sky Ranch; for a slightly older home close to town, compare Texas Heritage Village.

SCHOOLS

Opened in 2025

7/10

Rated by greatschools.org

8/10

Rated by greatschools.org

Compare before you choose

Nearby neighborhoods to compare

78620

Texas Heritage Village

Smaller newer homes about a mile from Mercer Street

View Texas Heritage Village →
78620

Heritage

New homes with a pool, close to town

View Heritage →
78620

Big Sky Ranch

New homes on smaller lots, close to town

View Big Sky Ranch →
78620

Headwaters

Newer homes, with a clubhouse, pool and fitness center

View Headwaters →

Quick answers

Cannon Ranch FAQ

When were Cannon Ranch homes built?

From 2024 on, and the builder is still selling new homes.

How big are the lots in Cannon Ranch?

About a tenth to an eighth of an acre.

What amenities does Cannon Ranch have?

A park, a playground and trails.

What schools serve Cannon Ranch?

Wildwood Springs Elementary, Dripping Springs Middle School and Dripping Springs High School, in Dripping Springs ISD.

Does Cannon Ranch have an HOA?

Yes, about $45 a month in recent sales.

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What’s your Cannon Ranch home worth?

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

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Justin Cofield, Texas Realtor

Is Cannon Ranch the right fit?

Compare Cannon Ranch with nearby neighborhoods, with Justin

Tell me what matters most, like acreage, the drive or the HOA rules, and I’ll give you the honest pros and cons of Cannon Ranch next to the other neighborhoods you’re weighing.

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