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701 Oakwood Lane

Dripping Springs, TX 78620

$1,190,000 $5,017/Mo

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Overview

Bed

Bath

4,876

Sqft

1.48

Acres(Lot)

Description

Rare opportunity in Sunset Canyon featuring a beautifully renovated 5-bedroom main home plus a fully independent 1-bedroom apartment with its own kitchen, living room, bath, and private entrance. Ideal for multi-generational living, long-term guests, a private home office, or rental income potential. Situated on a flat, fully fenced 1.48-acre lot with majestic oak trees, extensive upgrades, and nearly 4,900 sqft. of total living space. Step inside to a light-filled main level where the living room w/ a cozy fireplace flows effortlessly into a formal dining room & a beautifully remodeled kitchen designed for gathering. Large windows frame peaceful backyard views, while a powder bath & dedicated laundry room add everyday convenience. The main-level primary suite is a true retreat, tucked awa y for privacy & overlooking the serene backyard. Complete w/ a spacious ensuite bath & an oversized walk-in closet, it’s designed to feel like your own personal sanctuary. Upstairs, a second living area w/ its own fireplace creates the perfect flex space for movie nights, play, or relaxation. Four generously sized secondary bedrooms & two full bathrooms provide plenty of room for everyone. And then, the bonus you didn’t know you needed—a fully renovated 1BR/1BA guest apartment w/ a full kitchen & spacious living area, privately connected by a covered deck. Out back, enjoy a covered patio overlooking the spacious yard & stunning oak tree ideal for quiet mornings, entertaining, or simply unwinding. The three-car garage adds the finishing touch, offering both function and flexibility. Nestled in sought-after Sunset Canyon, this home blends Hill Country serenity with everyday convenience. Located along Highway 290 with easy access to Austin and zoned to the highly acclaimed Dripping Springs Independent School District, this neighborhood is known for its space, quality, and community.

Property Details

Property Type : Residential

Price : $1,190,000

AD Id : 77774597

MLS Id : 6576901

Beds : 5

Lot Size : 1.48 Acres

Living Area Size : 4,876

Year Built : 1991

Garage : 3

County : Hays

Subdivision: Sunset Canyon Sec 4

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 5

Bathroom Information

Total Baths: 4 Full Baths: 3 Half Baths: 1

Roofing Information

Shingle

Flooring Information

Tile, Vinyl, Wood
Interior Features

CeilingFans, DoubleVanity, HighCeilings, KitchenIsland, MultipleLivingAreas, MainLevelPrimary, Pantry, QuartzCounters, RecessedLighting, WalkInClosets

Roof: Shingle

Appliances: Dishwasher, ExhaustFan, Disposal, Microwave, Oven, Range
Heating & Cooling

Heating: Central, Fireplaces Has Cooling: Yes

Building Information

Year Built: 1991

Construction Materials: Brick

Stories: 2

Pool Features: None

Private Pool: No

Water front Features: None

View: None
Exterior Features

Exterior Features: PrivateYard

Lot Information

Main Square Feet: 1.479 Lot Size Acres: 1.479 Lot Description: BackYard,FrontYard,ModerateTrees

Property Information

Subdivision: Sunset Canyon Sec 4 Source Property Type: Residential Property SubType: Single Family Residence Direction Faces: North Levels: Two Property Age: 35

Listing Price Information

Listing Price: $1190000

Cash, Conventional

Tax Information

Parcel Number: 1185250000782004 Tax Lot: 782 Tax Year: 2025 Annual Tax: $5675.83 Tax Legal Desc: SUNSET CANYON SEC 4 LOT 782 1.4798 AC

Virtual Tour

Virtual Tour (External Link)

Parking Information

Attached, Driveway, Garage, GarageDoorOpener

Garage Information

Garage Space: 3

School Information

Elementary School: Dripping Springs Junior High School: Dripping Springs Middle Senior High School: Dripping Springs
Utility Information

ElectricityAvailable, WaterAvailable
Location Information

Direction: Hwy 290 W., (R) Canyonwood, (R) Oakwood WaterSource: MunicipalUtilityDistrict

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
1400 Tom Sawyer Road, Dripping Springs, TX, 78620	$1,200,000	4	5	4,035	4,035 SqFt
411 Whitetail Ridge Road, Dripping Springs, TX, 78620	$2,495,000	4	3	2,378	2,378 SqFt
1015 Sunset Canyon Drive, Dripping Springs, TX, 78620	$735,000	4	3	2,643	2,643 SqFt
1003 Sunset Canyon Drive, Dripping Springs, TX, 78620	$649,000	4	2	2,773	2,773 SqFt
1003 Pier Branch Road, Dripping Springs, TX, 78620	$565,000	3	3	2,162	2,162 SqFt
521 Cottonwood Creek Road, Dripping Springs, TX, 78620	$775,000	4	2	2,247	2,247 SqFt
702 Cottonwood Creek Road, Dripping Springs, TX, 78620	$499,000	2	2	2,108	2,108 SqFt
418 Cattle Trail Drive, Dripping Springs, TX, 78620	$6,999,000	6	8	8,480	8,480 SqFt
465 Hannah Drive, Dripping Springs, TX, 78620	$875,000	5	3	3,133	3,133 SqFt
2016 Hidden Hills Drive, Dripping Springs, TX, 78620	$775,000	4	2	1,937	1,937 SqFt

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ByOwner last updated this listing 06/13/2026 @ 00:52

MLS: 6576901 LISTED BY: Jessica Licona, eXp Realty, LLC 888-519-7431 SOURCE: ACTRIS