$329,167
NAL Estimated Property Value10211 Thomas Ln, Dripping Springs, TX, 78620
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesDishwasher, Electric Range, Microwave, Free-Standing Electric Range, Refrigerator, Washer/Dryer Stacked, Electric Water Heater
FlooringTile, Vinyl
Exterior
Exterior FeaturesNone
Lot Size9,701 sqft
Building Information
Year Built2022
Stories1
Roof Type121
Land Information
APN01079505120000
Lot Number2
SubdivisionValley Lake Hills Sec 1
Land UseResidential
Legal DescriptionLOT 2 BLK EE VALLEY LAKE HILLS SEC 1
Census Tract036600
Assessed Land Value$78,797
Assessed Improvement Value$310,612
Assessment Year2025
About this property
Great bungalow/guest house was built as an in-law suite, small back patio and small back yard, owner lives next door, septic is shared with owner,. Owner pays water and maintains septic. The entrance area is a flex room/bedroom (was used as a bedroom in the past) Comes with all appliances, has 3 mini-splits in the home for heat/ac. Nice open front yard with small deck in a quite neighborhood. Is on unpaved road but there's several ways to come into the property as well short walk from the home is the lake and park.
Investor Tools
$329,167
Estimated Property Value
$2,593Estimated Mortgage Balance
$326,628Estimated Equity
99% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,975 /month
Positive
Cash Flow Estimate:
$658 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$373/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,831
$329,167
2025
$78,797
$310,612
$389,409
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,831
$329,167
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Security State Bank & Trust
Unknown
$7,500
No
First
Feb 24, 2003
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$2,593
$326,574
99%
1%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,386/mo
N/A
+$1,386/mo
5.1%
