ESPERANZA

Nestled just off Bell Springs Road in the heart of Dripping Springs, Esperanza is a thoughtfully planned neighborhood that harmoniously blends contemporary living with the area's rich ranching legacy. Situated within the 78620 zip code, this community offers families spacious homes on large lots, set against the backdrop of the Texas Hill Country's natural beauty.

 

Developed in the early 2020s by builders such as Terrata Homes and LGI Homes, Esperanza was designed to honor the region's pastoral past while providing modern conveniences. Homes in this neighborhood typically feature expansive floor plans ranging from 2,655 to 3,684 square feet, with high ceilings, gourmet kitchens, and luxurious finishes . The generous 3/4-acre lots offer ample space for outdoor activities, gardens, or simply enjoying the serene landscape.

 

Families are drawn to Esperanza not only for its beautiful homes but also for its location within the highly regarded Dripping Springs Independent School District. Residents enjoy easy access to local parks, wineries, and the charming downtown area, making it an ideal setting for those seeking a balance between rural tranquility and community engagement.

 

For families looking to establish roots in a neighborhood that respects the past while embracing the future, Esperanza stands out as a premier choice in Dripping Springs.

  • 1.68%

    Property Tax Rate

  • $988,000

    Median Sold Price

    (Spring 2025)

  • 3,149

    Median Square Feet

     

  • $950

    Annual HOA Fee

WHY DO FAMILIES LOVE ESPERANZA?

Luxury Homes with Spacious, Acreage Homesites


Esperanza offers a collection of luxurious, upgraded homes situated on generously sized lots, typically around one acre. Homes in this community range from approximately 2,655 to 3,643 square feet, with prices starting from $837,900 and exceeding $1 million . These residences feature open-concept layouts, high-end finishes, and expansive outdoor spaces, providing families with both comfort and room to grow.

Proximity to Top-Rated Dripping Springs ISD Schools


Families in Esperanza benefit from being zoned to the highly acclaimed Dripping Springs Independent School District. Nearby schools include Walnut Springs Elementary, Dripping  Springs Middle, and High School, all known for their strong academic programs and extracurricular activities. The close proximity to these schools ensures a convenient and quality education for children residing in the neighborhood.

Convenient Access to Local Amenities and Attractions


Located just west of Austin, Esperanza provides residents with easy access to a variety of dining, shopping, and entertainment options. The neighborhood is near popular destinations such as the Hill Country Galleria, local wineries, breweries, and outdoor recreational areas like Pedernales Falls State Park and Lake Travis . This prime location allows families to enjoy both the tranquility of the Hill Country and the conveniences of city life.

Serene Hill Country Living with Community Charm


Esperanza is nestled in the scenic Texas Hill Country, offering residents picturesque views and a peaceful environment. The neighborhood's design emphasizes community living, with events and gatherings that foster a strong sense of belonging among residents . Families appreciate the blend of natural beauty and neighborly atmosphere that makes Esperanza a welcoming place to call home.

SCHOOLS

8/10

Rated by greatschools.org

7/10

Rated by greatschools.org

8/10

Rated by greatschools.org

LOCAL ATTRACTIONS

Check out a few local attractions you will enjoy when you make Esperanza your home.

  • -HEB at Nutty Brown and 290

    -HEB in Dripping Springs

    -Costco at Shops at Arbor Trails

    -Central Market at Shops at Arbor Trails

    -Sam's Club at South Town Square

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Salt Lick
Vintage Soul
Dripping Springs Ranch Park
Mercer Street Dance Hall
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CONTACT A LOCAL DRIPPING SPRINGS REALTOR SPECIALIZING IN ESPERANZA

Browse current homes for sale in Esperanza below.