Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Street View of property
Street View
B+
NoAgentList RatingHow are grades calculated?Info

$1,188,000

NAL Estimated Property Value

101 Maheo Way, Dripping Springs, TX, 78620

SoldInfo
7/17/26
Beds4 Beds
Baths2 Bath
Baths2,604 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$460.83 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Microwave, Oven
FlooringConcrete

Exterior

Exterior FeaturesBalcony, Private Entrance, Private Yard
Lot Size13.64 acres

Building Information

Year Built1997
Stories1
Roof Type112
Garage Spaces2

Land Information

APNR21012
SubdivisionBell Springs Ranches
Land UseResidential
Legal DescriptionAKA BELL SPRINGS RANCHES LOT 23 13.64 AC AB 657 TAX CODES:RSP,SDS
Census Tract010818
Assessed Land Value$561,320
Assessed Improvement Value$376,020
Assessment Year2025

About this property

Welcome to 101 Maheo Drive, offering spacious living, high beamed ceilings, and flexible spaces, all set on 13 beautiful Texas Hill Country acres. This recently painted home offers four bedrooms and two bathrooms, with all bedrooms on the main level. Two lofts, accessed by ladders, provide flexible space for a reading area, kids’ hideout, or additional use. High beamed ceilings and a wood-burning limestone fireplace bring warmth and character to the living room, while large windows capture northern light, filling the home with natural brightness and private views of oak trees and rolling hills. The spacious kitchen features a limestone accent wall and ample room for entertaining. A unique pass-through fireplace connects the living area to the primary bedroom. The primary bathroom includes a soaking tub, separate shower, and dual closets. Outdoor living is a defining feature, with a large covered back porch and elevated deck positioned to take in long-range views, ideal for quiet mornings and evenings. Set on a hilltop, the 13-acre property offers wide, uninterrupted views, mature oak groves, and a strong sense of privacy. A wet weather creek cuts through rugged limestone along the northern portion of the land, with a natural grotto feature. Varied terrain adds interest, and a horse pasture sits at the front of the property. It include a detached two-car garage with workshop, basketball goal, metal roof, and a 60,000-gallon rainwater collection system providing the home with some of the best tasting water in the world! The property supports true Hill Country living, allowing horses, cows, sheep, and goats, with barns and shops permitted. There is potential to pursue an agricultural exemption with proper documentation. Zoned to highly rated Dripping Springs ISD schools, low tax rate, light restrictions and low HOA. Interested in a family compound? Purchase the adjacent property for sale at 102 Rocky Creek and you can have 25 acres with 2 homes.

Investor Tools

Property Icon
$1,188,000
Estimated Property Value
$180,504Estimated Mortgage Balance
$983,349Estimated Equity
85% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,200 /month
Positive
Cash Flow Estimate:
$2,400 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,727/month
$164/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,778
$937,340
2025
$561,320
$376,020
$937,340
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,778
$937,340

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$252,300
No
First
Sep 4, 2013
Oct 2043

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$180,504
$1,057,496
85%
15%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,416/mo
$164/mo
+$2,252/mo
2.4%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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.

Explore Texas Explore This Area
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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

101 Maheo Way | Property Details | No Agent List