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$329,167

NAL Estimated Property Value

10211 Thomas Ln, Dripping Springs, TX, 78620

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths975 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.54 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Electric Range, Microwave, Free-Standing Electric Range, Refrigerator, Washer/Dryer Stacked, Electric Water Heater
FlooringTile, Vinyl

Exterior

Private PoolPrivate Pool
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

Property Icon
$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

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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%

City: Dripping Springs

10211 Thomas Ln | Property Details | No Agent List