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$644,131

NAL Estimated Property Value

1003 Canyon View Rd, Dripping Springs, TX, 78620

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,244 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$278.52 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Electric Oven, Dishwasher, Electric Cooktop, Electric Water Heater, Water Softener
FlooringCork, Laminate, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesGarden
Lot Size1.44 acres

Building Information

Year Built1997
Stories1
Roof Type105
Garage Spaces6

Land Information

APNR44810
Lot Number513
SubdivisionSunset Canyon Sec Iii
Land UseResidential
Legal DescriptionSUNSET CANYON SEC 3, LOT 513, ACRES 1.443 TAX CODES:RSP,SDS
Census Tract010806
Assessed Land Value$288,620
Assessed Improvement Value$377,530
Assessment Year2025

About this property

Tucked on 1.44 peaceful acres within DSISD in between Belterra Village and downtown Dripping Springs, this well-designed 4 bedroom, 2.5 bathroom, single-story home offers comfort, function, and a large detached workshop. The split floor plan features a private primary suite with a jetted tub, double vanities, walk-in closet, and bonus sitting area with views into the fenced in porch and garden area. Pergo-style cork flooring flows through the main living area, while large Anderson windows bring in natural light and Hill Country views. The kitchen includes stainless steel appliances, center island, walk in pantry, RO water filtration at sink and fridge, and a breakfast nook. A front flex space works perfectly as a dining room, office, or second living area. Out back, the large workshop is a dream setup—fully insulated with a mini split for climate control, 220/110V power, 125-amp service, 80-gal air compressor, built-in workbenches, and a reinforced concrete slab. Ideal for car enthusiasts, woodworkers, or hobbyists of any kind. The home has a newer hot water heater and water softener/filter system (2024). Low 1.6% tax rate, voluntary HOA ($35/yr), and zoned to Sycamore Springs Elementary/Middle in Fall 2025. This home is perfect for people who want space to breathe, a workshop to create, flexibility with their property, and proximity to everything exciting that Dripping Springs has to offer.

Investor Tools

Property Icon
$644,131
Estimated Property Value
$0Estimated Mortgage Balance
$644,131Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,865 /month
Positive
Cash Flow Estimate:
$1,288 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$645/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,520
$644,131
2025
$288,620
$377,530
$666,150
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,520
$644,131

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$644,131
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,416/mo
N/A
+$2,416/mo
4.5%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Dripping Springs

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1003 Canyon View Rd | Property Details | No Agent List