โ† Markets
Market Report ยท May 2026

ZIP 78620 โ€” Dripping Springs

๐Ÿ“ Austin Metro ยท Texas
63
๐Ÿ”ต COOLING
Buyer has leverage ยท 36 avg days on market
Property tax ~1.81%/yr
$580K
Median Price
36
Days on Market
$4,109
Est. Monthly PITI

Mortgage Breakdown โ€” 78620

Median Home Price$580,000
20% Down Payment$116,000
Loan Amount$464,000
P&I at 6.7%$2,994/mo
Property Tax Est.$874/mo
Total PITI$4,109/mo
Income Needed (36% DTI)$136,966/yr
๐Ÿ”” Set Alert for 78620 ๐Ÿฆ Ask Zai ๐Ÿ“Š All Markets ๐Ÿ” Denial Decoder

Educational purposes only. Market data estimated from public sources. Not financial advice.

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The other half of the answer

Prices tell you what a house costs here. They do not tell you whether a lender will approve the loan — and that varies more than almost anyone realises.

15.5%
of FHA applications denied in Austin-Round Rock, TX, 2025 · national 22.1%
CMG MORTGAGE INC
3.4%
VELOCIO MORTGAGE, L.L.C.
5.3%
DHI Mortgage Company, LTD.
17.8%
United Wholesale Mortgage
18.3%
Lennar Mortgage, LLC
26.4%

A 23.0-point spread between the busiest FHA lenders in this metro.

This market's lenders → Which lenders approve most → Apply to more than one? →

CFPB HMDA 2025, computed by FinanceRateCalc. Covers the highest-volume lenders published for this market, not all lenders. Rates reflect applicant mix as well as lender practice — historical observations, not predictions. CC BY 4.0, not independently reproduced.

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FinanceRateCalc · Independent analysis of the complete federal HMDA record · Measured, not assumed. · No lender or AI vendor funds or previews this work.