As of October 16, 2026, the three builder listings in Caliterra in Dripping Springs ask a median $1,599,900, against $624,450 for the resale listings. In my read, a resale there competes with other resales first. The twelve months read balanced for Caliterra overall, and a price point changes which market a home is in.
Sources: Unlock MLS, pulled October 16, 2026.
The figures on this page describe the public side of this market, the sales that were listed in the MLS. Above $1M in the Austin area, a large share of sales are never listed there and never appear online.
Those sales trade on a broker-to-broker private network, and I am a participating broker. Only the agents and brokers who do most of the business at this price point use it, and a surprising number of agents do not know it exists because they do not sell in this range. It covers homes, lots, ranches and condos priced over $1M, and much of it is waterfront or in the Austin core, West Austin, Westlake and Rollingwood, where prices run past $1.5M.
Sellers and their brokers use it for privacy: no public photos or floor plans, and no showings to buyers who have not been qualified.
Contact me for off-market private luxury listings you will never see online
40 Dripping Springs homeowners have trusted my real estate team to sell their home in the MLS, and that count doesn’t include a single buyer we’ve represented. Everything on this page comes from the same MLS record we used to price those homes.
Every number on this page covers Caliterra only. What the Dripping Springs market as a whole means for a seller is on Selling in Dripping Springs, TX? What to know from Heritage to Driftwood.
Last updated October 16, 2026. Sales data covers the 90 days ending October 15, 2026 and the twelve months ending the same day (Unlock MLS via MLS Grid); listing inventory as of October 16, 2026.
Drees Custom Homes and Aced Custom Homes have three listings in Caliterra, asking from $1,499,999 to $2,299,900. They sit in two of the MLS groups, the 110′ group and Phase One, Section Two, and the table shows them beside the resales.
Table 1. Builder listings in Caliterra by builder name on the MLS record, as of October 16, 2026; 3 builder listings of 13 homes for sale. Source: Unlock MLS.
| Builder | Listings | Asking range | Median asking |
|---|---|---|---|
| Drees Custom Homes | 2 | $1,599,900 to $2,299,900 | $1,949,900 |
| Aced Custom Homes | 1 | $1,499,999 to $1,499,999 | $1,499,999 |
The other ten homes for sale are resales with a much lower asking price. A resale seller in Caliterra is mostly competing with other resales, and the builder houses set the top of what a buyer sees.
Where else in town builders list is on Is your Dripping Springs buyer touring David Weekley Homes or M/I Homes next?
More than half of the homes for sale in Caliterra have come down from where they started, 61.5% as of October 16, 2026. Priced below original asking is how I count a cut, and the MLS does not record why a seller made one.
Every builder listing has cut. Among the resales, about half have.
The resales are young listings. A typical one has been on the market 14 days so far, and a typical builder listing 176.
The pipeline shows 1 home active under contract and 2 pending. A seller who opens high is likely to be read next to homes that already moved, and in my read that makes the first price matter more than a later cut.
Only 7 homes closed in Caliterra in the last three months, against 13 in the same three months last year, so I read the twelve months.
Price per square foot, the figure I read first, was $259 over the past twelve months against $255 in the twelve months before. In my read, the space held its price while the median followed the size and age of the homes that sold.
Over those twelve months 50 homes closed at a median $842,500, against $889,800 in the twelve months before.
The typical home took 56 days to reach a contract across the twelve months, and Caliterra’s median living area in the latest three months was 3,731 square feet.
Table 2. Caliterra sales in each period. Each row stands on its own. Source: Unlock MLS.
| Period | Sold | Median sale price | Median days on market | Share of original asking price | Price per square foot |
|---|---|---|---|---|---|
| 90 days ending October 15, 2026 | 7 | $897,500 | 41 days | 94.5% | $255 |
| Same 90 days, 2025 (July 18, 2025 to October 15, 2025) | 13 | $899,000 | 90 days | 96.9% | $234 |
| Twelve months ending October 15, 2026 | 50 | $842,500 | 56 days | 94.2% | $259 |
| Prior twelve months (October 16, 2024 to October 15, 2025) | 53 | $889,800 | 79 days | 91.3% | $255 |
Caliterra sits above the town on price per square foot, $259 against $250 for Dripping Springs as a whole. On the share of original asking it is level with the town, 94.2% against 94.4%, and both read balanced, each for its own geography. A price point changes which market a home is in. The wider picture is on Selling in Dripping Springs, TX? What to know from Heritage to Driftwood.
Table 3. Caliterra beside Dripping Springs as a whole, 90 days and twelve months ending October 15, 2026. Source: Unlock MLS.
| Measure | Caliterra, 90 days | Dripping Springs, 90 days | Caliterra, twelve months | Dripping Springs, twelve months |
|---|---|---|---|---|
| Homes sold | 7 | 153 | 50 | 696 |
| Median sale price | $897,500 | $630,000 | $842,500 | $646,500 |
| Median days on market | 41 days | 62 days | 56 days | 53 days |
| Share of original asking price | 94.5% | 93.8% | 94.2% | 94.4% |
| Price per square foot (median) | $255 | $242 | $259 | $250 |
Caliterra’s prices run across many ranges, and none had enough sales in the last three months to carry a table. I read them on the twelve-month basis, each for that range alone.
Homes in the $900,000 to $999,999 range closed at buyer’s-market prices over the twelve months, which is the reading for that range alone.
Sales from $1,250,000 to $1,499,999 sit in balanced territory on the same basis, again for that range alone.
The 110′ group carries the highest median sale price over the twelve months, with a median build year of 2025, and the subdivision table lists it with the other groups.
Table 4. Caliterra subdivisions by closings in the twelve months ending October 15, 2026, with the median build year of what sold and the count for sale as of October 16, 2026. Source: Unlock MLS.
| Subdivision (MLS name) | Sold, twelve months | Median sale price | Median build year | For sale |
|---|---|---|---|---|
| Caliterra | 12 | $815,000 | 2023 | 2 |
| Caliterra, 80′ | 6 | $848,500 | 2025 | 0 |
| Caliterra, 110′ | 6 | $1,379,478 | 2025 | 2 |
| Caliterra Ph Three Sec Nine | 5 | $540,000 | 2021 | 1 |
| Caliterra Ph Two Sec Seven | 5 | $870,000 | 2020 | 1 |
| Caliterra Ph Four Sec 12 | 4 | n/a | n/a | 1 |
| Caliterra Ph Two Sec Eight | 3 | n/a | n/a | 1 |
| Caliterra Ph Four Sec 11 | 2 | n/a | n/a | 3 |
| Caliterra, 70′ | 2 | n/a | n/a | 0 |
| Caliterra Ph One Sec Two | 2 | n/a | n/a | 1 |
A seller choosing a listing date should begin with Sell your Dripping Springs home now, or wait? What a year of sales shows. A seller whose home is already live and quiet should begin with Why does a Dripping Springs listing sit? Check it against the homes around it. The question of what a buyer will pay is on Does your Dripping Springs appraisal tell you what a buyer will pay?
These figures describe the MLS subdivision named Caliterra, and your price range decides how closely they fit. Run your address to see your part of it.
Caliterra pairs a handful of builder houses asking well above the rest with resales that have only recently listed. A buyer comparing them sees a wide spread, and the resales that have already cut set the number yours is read against.
For your house: if a buyer lines yours up beside the listings that have cut, what in yours supports the price you have in mind?
If you worry your Caliterra home will be read beside listings that have already cut, start by seeing which of them a buyer would compare it with. Request my complimentary Home Competitor Analysis for your address. You get:
No obligation. The report for Caliterra arrives within a minute; the pricing analysis comes after we walk the home. Nothing here promises a price, a timeline, or an outcome. 40 homes sold by Watters International Realty in Dripping Springs (Unlock MLS, all time).
Watters International Realty is a Texas real estate brokerage, and I am its broker of record. This page is based on Unlock MLS data analyzed on October 16, 2026. 40 homes sold by Watters International Realty in Dripping Springs (Unlock MLS, all time).
You get the listings closest to yours, what recent Caliterra sales show, and a walkthrough before any pricing talk.
Contact me for off-market private luxury listings you will never see online.
No obligation. The report arrives within a minute; the pricing analysis comes after we walk the home. Nothing here promises a price, a timeline, or an outcome.
