Ledgestone, a master-planned community in Dripping Springs, just outside Austin, Texas (ZIP code 78620), offers a serene Hill Country lifestyle with modern amenities. Located off Highway 290, it’s part of the esteemed Dripping Springs Independent School District, attracting families and professionals seeking proximity to Austin’s tech hub while enjoying a quieter, nature-rich setting. The community features single-family homes, many built by D.R. Horton and Lennar, with amenities like a pool, splash pad, disc golf course, trails, and parks. Homes typically range from 1,800 to 3,500 square feet, appealing to diverse buyers.
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From a real estate perspective, Ledgestone benefits from Dripping Springs’ growing popularity. As of April 2025, the broader Dripping Springs market reports a median home price of $737,500, down 9.2% year-over-year, with a median price per square foot of $283, a 7% decrease from last year. Homes in Dripping Springs sell after an average of 47 days on the market, up from 40 days, with 46.7% selling below asking price, indicating a buyer-friendly market. Ledgestone’s specific data aligns closely, with an estimated average price per square foot around $270-$290, reflecting the area’s cooling trends. Inventory has risen 22.2% month-over-month, with 66 homes for sale, enhancing buyer options.
Market trends suggest a neutral market in Dripping Springs, with a Redfin Compete Score of 30 out of 100. Ledgestone’s appeal lies in its balance of affordability and lifestyle, with homes priced lower than Austin’s median of $575,000. Environmental risks, like wildfire and heat, are considerations for long-term investment. Proximity to local attractions, such as Deep Eddy Distillery and Jester King Brewery, boosts desirability. Ledgestone remains a strong choice for buyers seeking value and community in a stabilizing market.