Dripping Springs · ZIP 78620 · Gated · 2 to 4 acres
The Preserve Homes for Sale in Dripping Springs ISD
The Preserve is a gated neighborhood of homes on acreage on the east side of Dripping Springs in 78620, in Dripping Springs ISD. Homes were built from 2003 to 2011, mostly on lots of about 2 to 4 acres, a few larger, on public water and septic systems, with HOA dues of about $600 a year. It is about 2.4 miles from Dripping Springs City Hall and 23 miles from the Texas Capitol.
By Justin Cofield, Texas Realtor·Updated November 2026
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Where is The Preserve, and how far is it to downtown Dripping Springs and Austin?
The Preserve is on the east side of Dripping Springs, reached from East Mercer Street, on streets such as Drifting Wind Run, Drifting Sands Drive, Cinder Cove, Candle Leaf Cove and Swiftwater Cove. Homes have a Dripping Springs address (78620).
It is about 2.4 miles (13 minutes in late-afternoon traffic) to Dripping Springs City Hall and about 22.8 miles (about 38 minutes in late-afternoon traffic) to the Texas Capitol. Expect longer at rush hour, especially on US 290.
Google Maps, measured November 6, 2026 in late-afternoon traffic, from Drifting Wind Run in The Preserve.
What are the homes and lots like?
Homes were built from 2003 to 2011, mostly about 2,900 to 4,400 square feet. Lots are mostly about 2 to 4 acres, a few up to about 6¾.
Redfin sold records (MLS data), sales from November 2021 to November 2026, checked November 6, 2026.
Is The Preserve gated?
Yes. Recent listings show a gated entrance, and some mention sidewalks and door-to-door trash pickup.
Redfin sold records (MLS data), sales from November 2021 to November 2026, checked November 6, 2026.
What do homes in The Preserve 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 The Preserve have an HOA?
Yes. Dues were about $600 a year 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 The Preserve?
The Preserve 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 The Preserve?
The Preserve 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.
Is The Preserve 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 The Preserve?
- Downtown: Mercer Street’s shops and restaurants in Dripping Springs, a few 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 The Preserve a good fit for me?
It fits buyers who want a gated neighborhood with 2 acres or more, a few minutes from downtown Dripping Springs. Many homes are 15 to 20 years old, so plan for updates and inspections. For a gated neighborhood on about an acre, compare Bunker Ranch; for homes on about an acre with a pool, compare Sawyer Ranch.
SCHOOLS

Opened in 2025

7/10
Rated by greatschools.org

8/10
Rated by greatschools.org
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Quick answers
The Preserve FAQ
Is The Preserve gated?
Yes. Recent listings show a gated entrance.
How big are the lots in The Preserve?
Mostly about 2 to 4 acres.
When were The Preserve homes built?
From 2003 to 2011.
What schools serve The Preserve?
Wildwood Springs Elementary, Dripping Springs Middle School and Dripping Springs High School, in Dripping Springs ISD.
Does The Preserve have an HOA?
Yes, about $600 a year in recent sales.
Own a home in The Preserve?
What’s your The Preserve home worth?
A quick estimate now, then a real number from Justin based on recent The Preserve sales.
Is The Preserve the right fit?
Compare The Preserve 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 The Preserve next to the other neighborhoods you’re weighing.
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- REAL Brokerage LLC · Texas license 701768
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- 9 years in Texas real estate · 70+ five-star Google reviews
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- Dripping Springs, Driftwood and Southwest Austin
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