Dripping Springs · ZIP 78620 · About ¾ acre · Newer homes

Esperanza Homes for Sale in Dripping Springs ISD

Esperanza is a neighborhood of newer homes on the west side of Dripping Springs, off Bell Springs Road in 78620, in Dripping Springs ISD. Homes have been built from 2020 on, mostly on lots of about three-quarters of an acre to an acre, with public water and septic systems and HOA dues of about $950 a year. It is about 3 miles from Dripping Springs City Hall and 27 miles from the Texas Capitol.

By Justin Cofield, Texas Realtor·Updated November 2026

78620Dripping Springs
Dripping Springs ISDWalnut Springs Elementary
About ¾-acre lotsBuilt 2020 on
3 miTo City Hall

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

Esperanza is on the west side of Dripping Springs off Bell Springs Road, on streets such as Prairie Clover Drive, Yellow Bell Run, Cherry Sage Court and Cast Iron Cove. Homes have a Dripping Springs address (78620).

It is about 3 miles (7 minutes) to Dripping Springs City Hall and about 26.8 miles (about 41 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 Yellow Bell Run in Esperanza.

What are the homes and lots like?

Homes have been built from 2020 on, mostly about 3,000 to 3,900 square feet, on lots of about three-quarters of an acre to an acre and a tenth.

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

What do homes in Esperanza 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 Esperanza have an HOA?

Yes. The Esperanza HOA was about $950 a year in recent sales and covers common area maintenance. Recent listings also mention trails. 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 Esperanza?

Esperanza 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 Esperanza?

Esperanza is zoned to Dripping Springs ISD: Walnut Springs Elementary, 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.

Is Esperanza on city water and sewer?

Recent sales show public water with septic systems, not city sewer. Have the septic system inspected before closing, and 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 Esperanza?

  • Downtown: Mercer Street’s shops and restaurants in Dripping Springs, about 7 minutes southeast
  • 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 Esperanza a good fit for me?

It fits buyers who want a newer home on about three-quarters of an acre, a few minutes west of downtown Dripping Springs. For a gated neighborhood on about an acre nearby, compare Bunker Ranch; for an older home on a bigger lot, compare Saddletree Ranch.

SCHOOLS

8/10

Rated by greatschools.org

7/10

Rated by greatschools.org

8/10

Rated by greatschools.org

Compare before you choose

Nearby neighborhoods to compare

78620

Bunker Ranch

Gated, newer homes on about an acre

View Bunker Ranch →
78620

Saddletree Ranch

Homes on 1 to 3 acres north of town

View Saddletree Ranch →
78620

Meadow Oaks

Older homes on half-acre lots, close to town

View Meadow Oaks →
78620

Arrowhead Ranch

Newer homes west of town, with a pool and trails

View Arrowhead Ranch →

Quick answers

Esperanza FAQ

When were Esperanza homes built?

From 2020 on.

How big are the lots in Esperanza?

Mostly about three-quarters of an acre to an acre.

Is Esperanza on septic?

Yes. Recent sales show public water and septic systems.

What schools serve Esperanza?

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

Does Esperanza have an HOA?

Yes, about $950 a year in recent sales.

Own a home in Esperanza?

What’s your Esperanza home worth?

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

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Justin Cofield, Texas Realtor

Is Esperanza the right fit?

Compare Esperanza 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 Esperanza next to the other neighborhoods you’re weighing.

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