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Cannon Ranch, Dripping Springs: Market Activity, Last 120 Days
By George Arnold Alexander III, MPA · Associate Broker · 2026-11-02
Deal of the Week in Dripping Springs

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
Cannon Ranch in Dripping Springs had 19 market events over the last 120 days (Jul 4 to Nov 1, 2026): 6 new listings, 7 contracts written and 6 closed sales.
It ranks #7 in the Top 10 most active subdivisions in Dripping Springs (10 subdivisions qualify).
The median sale price of its 6 closed sales was $454,000.
New construction was 75% of its listing records in the window.
Activity is new listings plus contracts written plus closed sales.
Want a closer look at Cannon Ranch? An ALEX agent can help: call or text 713.918.9951.
Data from Unlock MLS. Information deemed reliable but not guaranteed.
Read more Central Texas market data on the ALEX blog: https://alex-companies.com/blog
Source data: Unlock MLS (ABOR) via Bridge Interactive: listing, contract and closed-sale activity, the last 120 days (Jul 4 to Nov 1, 2026); as of 2026-11-01.
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