Lost Valley is a small neighborhood of homes on 5-10 acre lots. The neighborhood was built over the 1990s and 2000s, so you’ll find a variation of size and style. Some homes are more of a weekend cabin and others you could live in full time. We’ve even seen some vacation rentals as well. If you’re looking for flexibility, privacy and a Hill Country getaway feel, Lost Valley is a great place to start your search. Scroll Down to Read our Lost Valley Neighborhood Guide.
Lost Valley Homes for Sale
SEARCH ALL LOST VALLEY HOMES FOR SALENo Email Required! Lost Valley Neighborhood Map
Lost Valley is located off Fitzhugh Road in north Dripping Springs. To get to Lost Valley from Austin, take 290 west. Make a right on McGregor Lane. Make a left on Fitzhugh Rd. Make a left on Sycamore Creek Drive. Make a left on Lost Valley Road. Lost Valley is shaded in blue on the map below. Explore other Dripping Springs neighborhoods in our Dripping Springs Neighborhood Guide.
Lost Valley Property Tax Rate
The property tax rate in Dripping Springs’ Lost Valley neighborhood is 1.6353% as of the 2025 tax year, up from 1.5641% as of the 2024 tax year. It was 1.51% as of the 2023 tax year, down from 1.7056% as of the 2022 tax year. The property tax rate was 1.8073% as of the 2021 tax year.
Lost Valley Schools
Homes in Dripping Springs’ Lost Valley neighborhood are zoned to the Dripping Springs ISD, and students will likely attend the following schools:
- Dripping Springs Elementary - 9/10
- Dripping Springs Middle - 8/10
- Dripping Springs High - 7/10
School ratings reflect Great Schools ratings as of October 2026. Ratings are subject to change at any time. Please verify ratings and boundaries with the school district.
Lost Valley Photos
Lost Valley Sold Data – What Lost Valley Homes Actually Sold For
What sold recently in Lost Valley and for how much? Where can I find pictures of homes that actually sold? How many days does it take to sell a home in Lost Valley? How many homes are currently for sale in Lost Valley? What’s the median sold price in Lost Valley? What does the 90 day historic market trend look like in Lost Valley? How’s the Lost Valley market trending?
All of these questions (and more!) can be answered on our Lost Valley Sold Data Report.
Thanks for reading our Lost Valley neighborhood guide.
Lost Valley Market Stats — 12 Months (10/1/2025 – 9/30/2026)
No closed sales in Lost Valley over the past 12 months (10/1/2025 – 9/30/2026).
Lost Valley Home Price History
Curious how home prices in Lost Valley have trended? Here’s a five-year look at closed sales from 2022 through 2026 YTD.
Years with 5 or fewer sales may not reflect the full range of homes in the neighborhood.
| Year | Homes Sold | Median Sale Price | YoY | Price Range | Median $/SqFt | Median Home Size | Median Beds/Baths | Median DOM | Sale-to-List |
|---|---|---|---|---|---|---|---|---|---|
| 2022 | 1 | $1,225,000 | — | $1,225,000–$1,225,000 | $350 | 3,500 sq ft | 4bd/4ba | 98 days | 89% |
| 2023 | 0 | — | — | — | — | — | — | — | — |
| 2024 | 0 | — | — | — | — | — | — | — | — |
| 2025 | 2 | $840,000 | ▼ 31.4% | $755,000–$925,000 | $765 | 1,727 sq ft | 2bd/1ba | 124 days | 96% |
| 2026 YTD | 0 | — | — | — | — | — | — | — | — |
Data sourced from Unlock MLS (ACTRIS). 2026 figures reflect year-to-date sales through 10/13/2026. Year-over-year change is calculated against the most recent prior year with recorded sales. Statistics deemed reliable but not guaranteed.
Lost Valley Days on Market Trend
How fast are Lost Valley homes selling? Here’s a five-year look at how long homes sat on the market before going under contract, from 2022 through 2026 YTD.
| Year | Homes Sold | Median Days on Market | Avg Days on Market |
|---|---|---|---|
| 2022 | 1 | 98 days | 98 days |
| 2023 | 0 | No sales | No sales |
| 2024 | 0 | No sales | No sales |
| 2025 | 2 | 124 days | 124 days |
| 2026 YTD | 0 | No sales | No sales |
Data sourced from Unlock MLS. 2026 figures reflect year-to-date sales through 10/13/2026. Statistics deemed reliable but not guaranteed.
No. Lost Valley does not have a community pool.
Dripping Springs Realtor Specializing in Lost Valley
Rebecca Jacks and Raymond Stoklosa are Dripping Springs Realtors specializing in Lost Valley homes. Whether you’re looking to buy or sell a home in Lost Valley, Rebecca and Raymond know the area well and have the experience and tools necessary to make your next real estate transaction stress free. For more info about who we are and how we work, check out Buying a Home in Lost Valley and Selling a Home in Dripping Springs.
