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$3,900,000

Beds
5
Baths
4.5
sq ft
5,848

500 Panther Creek Rd, Driftwood, TX 78619

500 Panther Creek Rd

Driftwood, TX 78619

  • 26 days on market
Experience the essence of Driftwood living on this breathtaking 25-acre ranchette, where rolling terrain, mature oaks, and thoughtfully designed amenities create a one-of-a-kind retreat. Set within a gated community, this estate offers a harmonious blend of privacy, natural beauty, and refined comfort. The land unfolds in distinct layers—beginning with a beautifully maintained front area where selective clearing has allowed majestic oaks to flourish, creating open spaces ideal for roaming on foot or horseback. The terrain then dips into a tranquil, tree-covered valley before rising again to an elevated plateau with sweeping sunset views. Native wildlife moves freely throughout, adding to the property’s peaceful and secluded feel. Designed for equestrian enthusiasts and outdoor lovers alike, the estate features private trails, a three-stall barn, and covered RV parking with full hookups. At the heart of the property is a beautifully crafted 5,248-square-foot home with warm Ash hardwood floors, vaulted wood-paneled ceilings, and expansive windows that frame breathtaking Hill Country vistas. A stone fireplace anchors the living area, while the sunlit kitchen and spacious dining room offer the perfect setting for gatherings. A dedicated office/library with built-ins provides a quiet space for work or reflection. The estate also includes a charming guest house, ideal for extended stays or private retreats. A sparkling pool, shaded by mature oaks, completes this exceptional property. Located in the sought-after DSISD school district, the ranchette benefits from an Agricultural exemption and lower taxes. More than just a home, this is a place shaped by care and purpose—an escape where nature, comfort, and opportunity converge.

Details

Property type

Single Family Residence

Est. home value

$4,421,168

Property condition

Updated/Remodeled

Lot size

25.0 acres

Price per sq ft

$667

Year built

1998

Annual property taxes

$17,750.61

Monthly HOA fee

$34.5

Price History

03/13/2025
Austin

Austin #8308725

Listed
$3,900,000
08/26/2024
Austin

Austin #3372103

Removed
02/14/2024
Austin

Austin #3372103

Price change
$3,900,000
-8.24%

Schools & Community

Elementary school: 

Walnut Springs

Middle school: 

Dripping Springs Middle

High school: 

Dripping Springs

Community features: 

Gated

High school district: 

Dripping Springs ISD

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$3,255,275
Asking price
$3,900,000
Closing costs (~8% of asking)
-$312,000
Est. remaining loan balance
-$332,725
Cash to seller
$3,255,275

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Plaza Home Mortgage Inc

Loan start date

July 2020

Original loan amount

$370,000

Est. remaining balance

$332,725

Interest rate

3.15%

Loan type

New Conventional, 30 year

Seller

Larry K Sanders and Darlene J Sanders

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/08/2025 at 3:25 PM

Listing updated: 04/01/2025 at 12:07 PM

Listed by: Monica Fabbio, Christie's Int'l Real Estate Phone #: (512) 368-8078

MLS: Austin #8308725

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