• 146 days on site
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Now offered well below its recent appraisal and priced to sell quickly, this custom Tillson built home presents a rare opportunity in Driftwood for buyers seeking land, water, and long term value. Set on 5.15 private acres with Gatlin Creek running directly through the property, the land is the highlight. With no HOA and direct creek frontage, the property offers space to garden, keep animals, explore, or simply enjoy the sound of water moving through your own acreage. The combination of usable land and natural water access is increasingly difficult to find at this price point. The 2,513 square foot residence features 10 foot ceilings, 8 foot doors, reclaimed wood flooring, travertine tile, solid cabinetry, and granite countertops. The kitchen includes KitchenAid appliances, a commercial style cooktop, and upgraded vent hood, designed for everyday living and entertaining. The primary suite offers a private wet bar with mini fridge, while bedrooms two and three share a Jack and Jill bath. Energy Star certified with Trane HVAC, dual water heaters, whole home surge protection, 340 amp electrical service, advanced air and water filtration, and Ethernet wiring throughout. A detached guest house of approximately 625 square feet with half bath provides flexibility for guests, office, or studio use. Additional improvements include a large three section storage shed, fenced garden and chicken areas, dual well tanks, water features, and a conveyed geodesic dome offered as is. Located minutes from Driftwood wineries and dining, including Salt Lick BBQ, with convenient access to Dripping Springs, Wimberley, and South Austin. This property delivers private acreage living with the benefit of proximity to daily amenities and major employment corridors. The home appears in a mapped flood zone. The residence was elevated with engineered fill and sits above the floodplain. Buyers to verify flood designation and insurance requirements.

Source: Austin MLS, MLS#: 7331362

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  • Property Type
    Residential
  • Lot
    5.15 acres

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Pamela Buske

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 3700 Elder Hill RD


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/9/2026Source: Austin MLS Status Change
Active
5/25/2026Source: Austin MLS Status Change
Active Under Contract
2/26/2026Source: Austin MLS Price Reduction
$790,000 -12.1%
2/20/2026Source: Austin MLS Price Reduction
$899,000 -17.5%
2/9/2026Source: Austin MLS Price Reduction
$1,090,000 -9.2%
2/3/2026Source: Austin MLS Added to Database
February 03, 2026
Listing provided courtesy of Homestead & Ranch Real Estate- MLS# 7331362MLS Provider