Dripping Springs ISD has finalized its acquisition of 64 acres from the Headwaters at Barton Creek residential development for a future school site located off Hwy. 290. According to a July 13 press release from Freehold Communities, the developer of Headwaters, the school site is at the western edge of the Headwaters development.

The DSISD board of trustees approved the $1.715 million purchase of the Headwaters land months ago at a January meeting, and said it was intended for unspecified "future school and school-related facilities." Freehold confirmed in its release that an elementary school and middle school would be built on the site.

"New schools within a highly rated district will greatly benefit our current and future residents and Dripping Springs as a whole," Freehold Texas Division President Matt Matthews said in the release.

According to communications from DSISD in August 2019, when the district first adopted a resolution to purchase the property, the district and Freehold will share the cost for infrastructure and utility improvements needed to support schools on the property.