| George Arnold Alexander III, MPA |
| Partner, ALEX Companies |
| Associate Broker, Alexander Tiffany Southwest, LLC |
| Licensed Broker in TX, CO, NC, AL |
| [email protected] · +1 713.918.9951 |
| TREC Information About Brokerage Services · TREC Consumer Protection Notice |
Cash vs. Financed Purchases in Dripping Springs
By George Arnold Alexander III, MPA · Associate Broker · 2026-11-07
Deal of the Week

Deals of the Week by price quartile. The quartiles come from the last 12 months of closed sales here. Each pick has the top ALEX deal score in its price range.
Lower quartile: under $460,000
232 Bishop Wood RD, Dripping Springs TX 78620 · MLS #1134333
Listed at $449,990, 4 bed, 3 bath, 2,251 sq ft. Listed 7% below the ALEX valuation; price reduced 15% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1186625578/232-Bishop-Wood-RD-Dripping-Springs-TX
Lower-middle quartile: $460,000 to $606,000
237 Moonlit Stream PASS, Dripping Springs TX 78620 · MLS #3123018
Listed at $595,000, 4 bed, 3 bath, 2,847 sq ft. Listed 6% below the ALEX valuation; 14% under the local price per sq ft; price reduced 15% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1184340397/237-Moonlit-Stream-PASS-Dripping-Springs-TX
Upper-middle quartile: $606,000 to $850,000
300 Medlin Creek LOOP, Dripping Springs TX 78620 · MLS #7987436
Listed at $849,000, 4 bed, 2.5 bath, 2,861 sq ft. Listed 22% below the ALEX valuation; price reduced 29% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1188163052/300-Medlin-Creek-LOOP-Dripping-Springs-TX
Upper quartile: $850,000 and up
360 Stacey Ann CV, Dripping Springs TX 78620 · MLS #7735283
Listed at $975,000, 3 bed, 3.5 bath, 3,899 sq ft. Listed 6% below the ALEX valuation; price reduced 19% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1184802817/360-Stacey-Ann-CV-Dripping-Springs-TX
Key figures · Dripping Springs · October 2026
- 43 homes sold in Dripping Springs in October 2026 (down 25.9% on a year earlier).
- Median sale price: $545,000 (down 19.7% on a year earlier).
- Median price per square foot: $232.
- Median days on market: 42.
- Median sale price as a share of the original list price: 95.5%.
- 245 homes for sale now, about 4.4 months of supply at the pace of the last six months.
Source: Unlock MLS, October 2026. Homes only (single-family, condo, townhome). Information deemed reliable but not guaranteed.
In October 2026, every single home sale in Dripping Springs was financed; zero of the 43 closed transactions were paid entirely in cash. This means the share of cash purchases was 0% across the entire month's activity.
ALEX Intelligence analyzed the financing data for all 43 closings to determine the split between cash and loan-funded deals. While the market saw a median closing price of $545,000, the absence of cash buyers suggests that most purchasers relied on mortgage financing to complete their transactions. This pattern held true across the month, with no recorded instances of all-cash closings in the dataset.
The lack of cash purchases contrasts with some other markets where cash buyers often compete aggressively for inventory. In Dripping Springs, the reliance on financing indicates that buyers are utilizing mortgage products, likely influenced by current interest rates and local affordability dynamics. The median contract-to-close time was not reported for this period, but the consistent use of financing highlights the role of traditional lending in this market segment.
With 43 homes sold, the data provides a clear picture of how buyers are funding their purchases. As the market continues to evolve, tracking whether cash activity returns or remains low will be key for understanding buyer behavior and competition levels in Dripping Springs.
Want a closer look? Reply or call George at 713.918.9951 and we'll set up a showing.
Data from Unlock MLS. Information deemed reliable but not guaranteed. Model outputs are ALEX Intelligence estimates, not appraisals.
Read more Central Texas market data on the ALEX blog: https://alex-companies.com/blog
Source data: Unlock MLS closed sales, October 2026, n=43
Cover photo: Dripping Springs High School entrance by Larry D. Moore, CC BY 4.0, via Wikimedia Commons; darkened, cropped and text added.
Licensed by the Texas Real Estate Commission. Broker: Alexander Tiffany Southwest, LLC · License #565194-BB.
Diane Hart Alexander, Chair & CEO, ALEX Companies · Designated Broker · #574877-B · George Arnold Alexander III, Partner, ALEX Companies · Associate Broker · #574878-B
Texas Real Estate Commission Information About Brokerage Services · TREC Consumer Protection Notice · trec.texas.gov
Diane Hart Alexander, Chair & CEO, ALEX Companies · Designated Broker · #574877-B · George Arnold Alexander III, Partner, ALEX Companies · Associate Broker · #574878-B
Texas Real Estate Commission Information About Brokerage Services · TREC Consumer Protection Notice · trec.texas.gov










