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$877,327

NAL Estimated Property Value

1006 Lookout Hill Cv, Dripping Springs, TX, 78620

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,991 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$317.62 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available

Exterior

Lot Size2.67 acres

Building Information

Year Built2021
Stories2
Garage Spaces2

Land Information

APNR44607
Lot Number370
SubdivisionSunset Canyon Sec 1
Land UseResidential
Legal DescriptionSUNSET CANYON SEC 1, LOT 370, ACRES 2.67 TAX CODES:RSP,SDS
Census Tract010809
Assessed Land Value$502,630
Assessed Improvement Value$412,670
Assessment Year2025

About this property

Enjoy the view! This home is built for that. Large display windows throughout the first floor and the enormous covered back porch is all there for you to maximize what is so special about this property. Completely remodeled gourmet kitchen features a 10 ft. long island, all new cabinets, upgraded stainless appliances and gorgeous quartz countertops. Huge laundry room off the kitchen with sink, cabinets and counter space is large enough for additional pantry space, a craft room or whatever else your heart may desire. Master suite is on the first floor with display windows to enjoy the view but also custom remote control blinds to block it for sleeping in. Three spacious bedrooms upstairs with walk in closets and additional storage space. So much storage space in this home! The expansive back porch is covered with fans and has shades to maximize enjoyment all year round. Extensive landscaping with native plants and the convenience of a greenhouse with electricity. Designed with distinction, this property offers many comforts and extras, the delight is in the details. This property is private yet conveniently located int he heart of Dripping Springs with easy access to all this area has to offer, restaurants, wineries, breweries and outdoor recreation. Additional information, Kitchen remodel 2021/2022, Exterior paint 2021, Interior paint (not all rooms) 2021/2022, Extensive tree trimming Feb 2022 (75 oak trees in the front yard)

Investor Tools

Property Icon
$877,327
Estimated Property Value
$744,741Estimated Mortgage Balance
$133,756Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,700 /month
Positive
Cash Flow Estimate:
$1,900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,311/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,340
$877,327
2025
$502,630
$412,670
$915,300
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,340
$877,327

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$665,000
No
First
Oct 9, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$744,741
$132,586
15%
85%
$4,588/mo

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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1006 Lookout Hill Cv | Property Details | No Agent List