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$987,000

NAL Estimated Property Value

1011 Quail Ridge Dr, Dripping Springs, TX, 78620

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,065 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$260.85 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Garage AvailableGarage Available
AppliancesBar Fridge, Dishwasher, Dryer, Microwave, Free-Standing Electric Oven, Plumbed For Ice Maker, Refrigerator, Self Cleaning Oven, Stainless Steel Appliance(s), Vented Exhaust Fan, Washer, Electric Water Heater, Water Softener Owned
FlooringCarpet, Concrete, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesGarden, Lighting, Private Yard
Lot Size2.56 acres

Building Information

Year Built1993
Stories2
Garage Spaces9

Land Information

APNR35504
Lot Number25
SubdivisionMeadow Creek Ranch
Land UseResidential
Legal DescriptionMEADOW CREEK RANCH LOT 25 2.561 AC TAX CODES:RSP,SDS
Census Tract010806
Assessed Land Value$310,490
Assessed Improvement Value$450,510
Assessment Year2025

About this property

Charming, immaculate Hill Country retreat on 2.5+ gorgeous, level, oak-dotted acres in the heart of Dripping Springs. This one owner home truly has it ALL: 4 Bedroom/2.5 Bath/2 car Garage home (2345 SF) + Party Barn/Guest Quarters (720 SF) over the detached 2-car Garage/Workshop and RV/Boat Carport. Fresh interior paint throughout and new carpet upstairs (tile flooring down). Spacious backyard boasts a lovely gold fish pond/waterfall, high-fenced garden, large patio with firepit and plunge pool, greenhouse, chicken coop and has ample room for a future pool. This gated property is so special, private and peaceful but is only a mile to Sycamore Springs Elementary and Middle Schools and is just around the corner from Belterra Village and the Shops at Ledgestone. Original owners have beautifully maintained this gem and it's waiting for the buyer wanting a Hill Country home with easy access to local schools, retail, grocery, dining, entertainment, ATX and ABIA. Enjoy the abundant wildlife, gentle breezes, big Texas skies and all that Dripping Springs and the Texas Hill Country have to offer.

Investor Tools

Property Icon
$987,000
Estimated Property Value
$742,567Estimated Mortgage Balance
$246,806Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,922 /month
Positive
Cash Flow Estimate:
$1,974 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,194/month
$25/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,393
$761,000
2025
$310,490
$450,510
$761,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,393
$761,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Republic State Mortgage Co
Conventional
$766,550
No
First
Jun 21, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$742,567
$132,433
15%
75%
$4,596/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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1011 Quail Ridge Dr | Property Details | No Agent List