Over 250 acres of preserved green space, a live-water creek running through the neighborhood, 6+ miles of trails, and a neighborhood coffee shop — all 1.5 miles from downtown Dripping Springs.
Caliterra sits at the northwest corner of Ranch Road 12 and FM 150, just 1.5 miles south of Highway 290 — the closest major master-planned community to Dripping Springs town center. From here, it's a short drive to HEB, Mercer Street's restaurants, and the local farmers market, with downtown Austin about 35 minutes east.
Developed by Allegiant Realty Partners (now SR Capital Management), Caliterra broke ground in 2014 with a clear philosophy: preserve more than you build. Over 250 of the community's ~600 acres are dedicated green space — trails, creek corridors, natural oak groves, and open parkland. Onion Creek runs through the community, giving residents something genuinely rare in master-planned Texas: live-water access within the neighborhood.
Phase 1 (616 lots across Birdsong, Creekview, Wildwood, and additional sections) is largely complete, with ~575 homes built and ~550 occupied. Phase 2 — The Ranch at Caliterra — broke ground in Spring 2025 and will add 232 new homesites with first move-ins expected December 2026.
Whether you're buying new construction, a resale home, or want to understand what the Phase 2 launch means for values — I can walk you through it. No pressure, just honest local expertise.
Get in Touch Free Home ValuationCaliterra was designed around the idea that the best amenities aren't buildings — they're places. Every gathering spot has a name, a purpose, and a reason to show up.
Resort-style pool nestled among 100-year-old live oaks with Hill Country overlook views. Adult pool plus beach-entry children's wading pool with shade sail. Opened 2019.
A live-water creek runs through the community — rare for any Texas master-planned neighborhood. The Dock offers creek-side fishing, BBQ grills, and picnic spots along the bank.
The only master-planned community in Dripping Springs with an on-site neighborhood coffee shop. Sonder serves breakfast tacos, gourmet drinks, and community mornings at The Front Porch gathering space.
Creek-side trails, oak grove paths, bluff overlooks, and Onion Creek footbridges. Trail access expands with Phase 2. Turkey Hollow is an unimproved natural area for meditation and picnics.
A pre-Caliterra historic open-air barn repurposed as a community hub. Hosts birthday parties, wine tastings, and block parties. Loaner equipment: kayaks, fishing poles, butterfly nets, lawn games.
A full-scale treehouse playscape built among ancient live oaks, with turf play area, shaded seating, picnic tables, and benches. One of the most photographed spots in the community.
Off-leash dog park behind The Cove with separate areas for large and small dogs. Shaded under live oaks. A daily gathering spot for Caliterra's tight-knit resident community.
The community's central hub where all trails converge. The Springs splash pad, outdoor seating, sunset views, and The Yard event lawn — home to festivals, stargazing nights, and seasonal events.
Coming late 2025/2026 with The Ranch at Caliterra: fitness center, lap pool, pickleball courts, and open-air event pavilion — a second full amenity center for a growing community.
Caliterra's lot structure creates a rare range — from attainable family homes to gated luxury estates — all within the same trail system and amenity access.
60'–70' lots, 1,600–2,900 sq ft. Drees Custom Homes and Scott Felder. Resale homes and select new construction available.
80'–100' lots, 2,800–4,000 sq ft. The most active segment. Drees and Scott Felder both building actively.
100'–125' lots and gated Wildwood section. Custom builders: LTB, Atlas, Alkire. Up to 1.12 acres.
HOA
$1,500/year
Mandatory HOA covers deed restriction enforcement, maintenance of shared amenities, trail upkeep, and community programming.
Property Tax Rate (2024)
2.46%
Includes MUD district. Has declined from 2.71% in 2021 as infrastructure bonds are paid down. On a $900K home: ~$22,200/year.
Understanding where each phase stands matters when you're buying. Resale buyers have different options than new construction buyers — and Phase 2 timing affects the whole market.
What Phase 2 means for buyers
New inventory from Phase 2 will compete with Phase 1 resale homes, which gives buyers negotiating leverage on existing homes. At the same time, Phase 2's new amenity center (pickleball, lap pool, fitness center) adds long-term value to the whole community. If you're considering a resale home in Phase 1, now is a good time to act before Phase 2 pricing sets a new floor.
Caliterra feeds into Dripping Springs ISD — consistently ranked among the top school districts in Hays County. Walnut Springs Elementary rates 9/10 on GreatSchools. A new Elementary #6 opened in 2025 and may serve portions of Phase 2.
At RR 12 and FM 150, Caliterra is 1.5 miles from Mercer Street — the heart of downtown Dripping Springs. That proximity is meaningful: Saturday mornings at the farmers market, lunch on Mercer Street, and a quick HEB run are all close enough to feel like part of daily life.
Live-water creek access within a Texas master-planned community is genuinely rare. The Dock and creek-side trails make it an everyday amenity, not just a selling point.
Dripping Springs was designated in 2014. Exterior lighting in Caliterra complies with dark sky ordinances — meaning actual stargazing from your own yard.
No other master-planned community in Dripping Springs has a sit-down neighborhood coffee shop built into the amenity complex. Sonder is the social anchor of the community.
250+ acres of green space out of ~600 total. Most MPCs are 20–30% green space. Caliterra committed to an entirely different density model from day one.
Designated campsites along Onion Creek are part of The Back 40 nature park. Planned Hammock Garden and firepit oasis. A community camping spot is a true differentiator.
Kayaks, fishing poles, butterfly nets — all available to borrow from the historic barn. A community equipment library is something you won't find at Headwaters or Belterra.
1.5 miles to Mercer Street means walkable proximity to restaurants, boutiques, and the farmers market — without sacrificing the Hill Country setting.
vs. Bunker Ranch
Bunker Ranch is smaller, gated, and custom-only with lower taxes (1.74% vs. 2.46%). Caliterra wins on amenities, trail access, and price range. Bunker Ranch wins on exclusivity, lot size, and tax savings.
vs. Saratoga Hills
Saratoga Hills offers 1–5 acre lots, no MUD, and lower taxes (1.88%). No community amenities at all. Caliterra is the better fit for buyers who want community programming; Saratoga Hills for those who want land and privacy.
vs. Headwaters
Headwaters has a more modern resort-style amenity center (infinity pool, on-site elementary). Caliterra has more mature trees, Onion Creek, and an established community culture. Headwaters skews younger/corporate; Caliterra skews outdoor lifestyle and family-rooted.
Whether you're comparing Phase 1 resale vs. Phase 2 new construction, or just want a straight answer on what the MUD tax means for your budget — I'm happy to walk through it with you.
