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$425,000

1003 Pier Branch Rd, Dripping Springs, TX, 78620

$552,500 ARVInfo
Under ContractInfo
Beds3 Beds
Baths3 Bath
Baths2,162 Sq Ft
price_per_sqft$196.58 / sqft
Year BuiltBuilt in 1992

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt In Electric Oven, Built In Electric Range, Built In Range, Built In Oven, Cooktop, Dishwasher, Electric Cooktop, Electric Water Heater, Disposal, Self Cleaning Oven, Stainless Steel Appliances
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesPrivate Yard
Lot Size1.73 acres

Building Information

Stories2
Roof Type105
Garage Spaces4

Land Information

APNR44747
Lot Number475
SubdivisionSunset Canyon Sec Ii
Land UseResidential
Legal DescriptionSUNSET CANYON SEC 2 LOT 475 1.73 AC GEO#90406249 TAX CODES:RSP,SDS
Census Tract010806
Assessed Land Value$340,210
Assessed Improvement Value$372,910
Assessment Year2025

About this property

Set on a beautiful 1.7-acre wooded lot just off US-290, 1003 Pier Branch Road offers a quiet Hill Country setting with easy access to Dripping Springs dining, shopping, schools, and the Austin corridor. This two-story, 3-bedroom, 2.5-bath home features 2,162 sq ft of comfortable living space, a move-in ready layout, and the opportunity to update finishes over time. Inside, the kitchen brings function and character together with granite countertops, an electric cooktop, built-in oven, and built-in microwave. The family room adds a welcoming gathering space with a fireplace and wet bar, creating an easy spot to relax, host, or enjoy the wooded setting after a day in town. The main living areas feel warm and relaxed, with room for everyday living, guests, hobbies, or working from home, while the two-story layout gives the home a practical separation of spaces. The primary suite includes a double vanity, separate garden tub, walk-in shower, and large walk-in closet, creating a private retreat with generous storage. Outdoors, mature trees, a huge covered porch, and a beautiful koi pond create a peaceful backdrop for morning coffee, evening breezes, and the natural feel of Texas Hill Country living. The acreage offers room to enjoy the outdoors without giving up convenience, with wooded views, open usable areas, and a setting that feels tucked away while still close to town. The property also includes an RV hookup, two-car garage, large carport, and storage shed, adding flexible space for vehicles, equipment, tools, and outdoor gear. Built in 1992, this Dripping Springs home blends acreage, privacy, useful improvements, and a strong location with quick access to US-290, downtown Dripping Springs, local wineries, breweries, parks, and west Austin destinations.

Investor Tools

$0Estimated Mortgage Balance
$666,736Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$552,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,000 /month
Positive
Cash Flow Estimate:
$1,333 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,089/month
$35/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$666,736
2025
$340,210
$372,910
$713,120
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$666,736

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$718,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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 Pier Branch Rd | Property Details | No Agent List