701 Oakwood LN Dripping Springs, TX 78620 Price Dropped by $60K
UPDATED: 06/02/2026 01:39 AM ON MARKET: 145 days on market
$1,190,000
5 Beds3.5 Baths4,876 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 4,876 sqft
Price per Sqft $244
Subdivision Sunset Canyon Sec 4
MLS Listing ID 6576901
Bedrooms 5
Full Baths 3
Half Baths 1
HOA Y/N No
Year Built 1991
Annual Tax Amount $5,675
Tax Year 2025
Lot Size 1.479 Acres
Acres 1.479
Property Sub-Type Single Family Residence
Source actris
Property 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 away 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.
Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 06/10/2026. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
Data last updated: 06/10/2026 21:41