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$525,000

000 Mirela Ann RD, Dripping Springs, TX, 78620

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About this property

Discover an exceptional opportunity to build your dream home on over 2.5 acres in TerraLoma, where breathtaking panoramic Hill Country views stretch from both the front and back of the homesite. This rare offering features a wide, highly buildable homesite that provides incredible flexibility for designing a custom residence while maximizing the surrounding vistas, privacy, and spectacular sunsets. Inspired by the beauty and spirit of nearby TerraScena, TerraLoma is a thoughtfully planned Hill Country community that blends natural beauty, sustainability, and convenience. Mature trees, gently rolling terrain, and expansive views create an extraordinary setting for your future home. With no required builder and no timeframe to build, you have the freedom to bring your vision to life at your own pace. Located just 10 minutes from downtown Dripping Springs and approximately 20 minutes from Bee Cave, Lakeway, and the Hill Country Galleria, the property offers the perfect balance of peaceful Hill Country living and convenient access to shopping, dining, and entertainment. Situated within the highly acclaimed Dripping Springs ISD and located outside the city limits and ETJ, TerraLoma embraces sustainable building practices, with homes generally designed around rainwater harvesting as the primary water source. Offering one of the area's most desirable combinations of acreage, panoramic views, buildability, and location, this is a rare opportunity to create an exceptional custom Hill Country retreat.

Investor Tools

$0Estimated Mortgage Balance
$525,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,150 /month
Positive
Cash Flow Estimate:
$1,050 /month

Interested in this property?

Jenny Cureton

Compass RE Texas, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
$500/month
5.947%

City: Dripping Springs

000 Mirela Ann RD | Property Details | No Agent List