Southwest Austin - Dripping Springs Edition | February 2025

Government

Development

BY ELISABETH JIMENEZ

Dripping Springs sees overall population growth

Aordable housing project slated to open this spring

The latest data from the United States Census Bureau shows that Dripping Springs continues to grow in population, but also saw a dip in the number of births and number of kindergarten students enrolled in the local district, according to American Community Survey Estimates.

A new aordable housing project—Industry SOMA—is slated to be completed this spring near William Cannon Drive and South Menchaca Road. The details The 23 townhomes, expected to be completed in March, will range from $235,000 to $270,000. The townhomes are available for families earning up to 80% of the Austin-area median family income. For scal year 2024, the MFI was $126,000, with 80% being $97,800 for a four person household, according to city documents. Eligibility to qualify is vetted by a local Hous- ing and Urban Development certied broker. If approved, the applicant can request down payment assistance if needed. Also of note Developer Industry ATX is partnering with real estate buyer and consultant HomeBase Texas to ensure long-term aordability of the property.

Austin

Births in Dripping Springs

Dripping Springs population of children under 18 years old Under 5 years 5-14 years old 15-17 years old

100 120

20% 0% 10% 30% 40% 50%

One Oak now open in Bouldin Creek The residential complex is now open in the Bouldin Creek neighborhood. The details One Oak consists of 106 residential units and has various oor plans, including one and two bedroom plans, live-and-work storefront plans and 10 penthouse units. All residential homes are ocially sold out, according to the business’ website.

Children made up 31.8% of the population in 2023

0 20 40 60 80

Rendering of Industry SOMA townhome community.

RENDERING COURTESY OF INDUSTRY ATX

Population of Dripping Springs 8K

Student enrollment in Dripping Springs ISD Kindergarten Grades 1-4

Grades 5-8 High school

6K 5K 4K 3K 2K 0 7K

1,200 1,500

Austin

600 300 0 900

W. DITTMAR RD.

NOTE: DATA AS OF JAN. 30

SOURCE: UNITED STATES CENSUS BUREAUCOMMUNITY IMPACT

BRODIE LANE 4970 Hwy 290 W (512) 366-8260 BEE CAVE 13015 Shops Pkwy (512) 263-9981

SOUTHPARK MEADOWS 9900 IH-35 Service Road S (512) 280-7400 DRIPPING SPRINGS

166 Hargraves (512) 432-0186