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Crystal Olenbush

  • 500 Panther Creek Road

  • $4,250,000 REDUCED
  • 5 Beds, 5 Bath, 5848 SQ. Feet, 25.00 Acres Residential Driftwood, TX 78619

Experience the epitome of countryside luxury in the tranquil confines of a gated community at the remarkable Driftwood estate. Set across 25 acres of idyllic landscape, this residence exudes elegance with its lofty ceilings that magnify the splendor of every room, while panoramic vistas stretch endlessly across the horizon. Explore private trails that wind through lush terrain, inviting unexpected adventures. A quaint guest casita extends a warm welcome, while a three-stall horse barn awaits equestrian enthusiasts. For the wanderers, covered RV parking complete with hook-ups promises limitless outdoor journeys. A gentle babbling wet-weather creek adds a touch of whimsy to the natural surroundings. The heart of the home resides in the sprawling 5248 square feet of the main house (per owner), where Ash hardwood floors infuse warmth. The living room, with its vaulted wood-paneled ceiling and rustic stone fireplace, beckons for cozy evenings. Host gatherings with finesse in the formal dining room, where glass pocket doors unveil an intimate ambiance. The spacious kitchen, bathed in sunlight, is complemented by a sunlit breakfast room. An office/library adorned with built-ins offers solace for quiet contemplation. Sunlight bathes the back of the residence through walls of windows and French doors that frame nature's beauty: mature oaks and a sparkling pool embraced by the serene backyard. Unwind in the dedicated media room or relish the allure of the pool and hot tub - a symphony of relaxation. Additional accommodations grace the 600 square foot (per owner) detached guest house (1bed/1bath), ensuring ample space for family and friends. Within the renowned DSISD school district, this property not only provides a country living oasis but also boasts a lower tax rate and Agricultural exemption, heightening its allure. Beyond a mere home, this ranchette opens doors to a life of luxurious tranquility, natural marvels, and cherished moments.

Essential Information

  • MLS® #3372103
  • Price$4,250,000
  • Bedrooms5
  • Bathrooms5.00
  • Full Baths4
  • Half Baths1
  • Square Footage5,848
  • Acres25.00
  • Year Built1998
  • TypeResidential
  • Sub-TypeSingle Family Residence
  • StatusActive

Community Information

  • Address500 Panther Creek Road
  • SubdivisionPanther Creek
  • CityDriftwood
  • CountyHays
  • StateTX
  • Zip Code78619


  • FeaturesGated
  • # of Garages5
  • WaterfrontSeasonal
  • Has PoolYes


Electricity Available, Propane, Water Connected


Circular Driveway, Detached, Kitchen Level, Oversized, Garage Faces Side, Storage, Workshop in Garage, RV Carport


Hills, Panoramic, Trees/Woods, Garden


  • InteriorCarpet, Tile, Wood
  • HeatingCentral, Forced Air, Propane
  • CoolingCentral Air, Ceiling Fan(s)
  • FireplaceYes
  • # of Fireplaces2
  • # of Stories2
  • StoriesTwo


Dishwasher, Exhaust Fan, Freezer, Disposal, Gas Range, Microwave, Refrigerator, Range Hood


Bedroom, Family Room, Primary Bedroom, Wood Burning


  • Exterior FeaturesGarden, Private Yard, Fire Pit
  • RoofMetal
  • FoundationSlab

Lot Description

Back Yard, Front Yard, Garden, Interior Lot, Open Lot, Private, Sprinklers In Ground, Trees Large Size


Blinds, Bay Window(s), Double Pane Windows, Insulated Windows, Screens, Window Treatments


Frame, Masonry, Concrete, Stone, Stucco

School Information

  • DistrictDripping Springs ISD
  • ElementaryWalnut Springs
  • MiddleDripping Springs Middle
  • HighDripping Springs

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Price Change History for 500 Panther Creek Road, Driftwood, TX (MLS® #3372103)

Date Details Price Change
Price Reduced (from $4,450,000) $4,250,000 $200,000 (4.49%)

Property Listed by: Compass Re Texas, Llc

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from December 11th, 2023 at 4:27pm CST. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

All information provided is deemed reliable but is not guaranteed and should be independently verified.