Dripping Springs, Texas, has seen incredible growth in recent years and is expected to become even more developed over the coming decades. With its lush natural beauty, vibrant local economy, and close proximity to the city of Austin, this small town is becoming a desirable location for residential communities.
Dripping Springs has seen a remarkable surge in population over the last decade. According to its most recent census, which was taken in 2020, the city had an estimated population of 4,846. Since then, there has been an extraordinary increase of 70.31%, with the current population estimated at 8,234 – an annual growth rate of 19.42%. This exponential rise indicates the city’s booming economy and vibrant community.
Dripping Springs Mayor Bill Foulds reported a rapid growth in the city’s population, particularly evident beyond the 9.5 square mile city limits. The Dripping Springs Extra-Territorial Jurisdiction of 110 square miles was especially reflective of this trend, marked by an uptick in new housing developments. Such population expansion has increased the demand for services and infrastructure within the city and its broader ETJ.
According to estimates from the Dripping Springs school bond website, over 11,000 new construction homes will be built within the Dripping Springs Independent School District by 2034. This expansive development will undoubtedly bring tremendous opportunity for the area’s existing and new residents. As such, it’s essential for those interested in investing or living in Dripping Springs to stay educated on the ongoing developments and plan accordingly.
Dripping Springs is a vibrant and ever-growing city, with new developments constantly. Here are the five newest and upcoming developments in the area:
A 188-acre community being built by homebuilders Tri Pointe Homes and M/I Homes, Heritage Neighborhood promises modern living with a touch of country charm. Over 600 homes will soon be available for purchase, with the building phase already underway.
Double L Ranch Neighborhood
Also known as Anarene, this massive development consists of 2,231 homes and a two-lane road connecting to Highway 290. The developers have plans to upgrade this road to four lanes, reducing traffic on RR 12 by approximately half. For more information about Double L Ranch Neighborhood, join the Facebook group.
Cannon Ranch Neighborhood
North of West Highway 290, Cannon Ranch Neighborhood will feature 375 residential units on a 100-acre plot of land. In addition to homes, 24 acres of parkland will be dedicated to the city and a neighborhood trail system will connect to Founders Park and downtown Dripping Springs. Dirt work began in March 2023 on the Ashton Woods Cannon Tract.
On a 283-acre plot of land, Wildridge Neighborhood promises 960 new homes along with roads, water lines, commercial space, and public land. Follow their progress through their Facebook page.
Village Grove Neighborhood
Village Grove, a 100-acre development near Sports Park Road, will bring 531 residential units, retail stores, a civic center, and 23.9 acres of open parkland to Dripping Springs. Keep up with progress on this project by following their Facebook page.
With so many exciting projects on the horizon, Dripping Springs offers plenty of opportunities for growth and development. Investment in the area is booming; get involved now, and don’t miss out!