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$430,000

10233 Twin Lake Loop, Dripping Springs, TX, 78620

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,373 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$309.54 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Exhaust Fan, Microwave, Electric Oven, Free-Standing Electric Range, Stainless Steel Appliance(s), Vented Exhaust Fan, Electric Water Heater
FlooringCarpet, Concrete

Exterior

Private PoolPrivate Pool
Lot Size9,352 sqft

Building Information

Year Built2008
Stories1
Roof Type105
Garage Spaces2

Land Information

APN01099701240000
Lot Number26
SubdivisionTwin Lake Hills
Land UseResidential
Legal DescriptionLOT 26 BLK QQ TWIN LAKE HILLS
Census Tract036600
Assessed Land Value$77,412
Assessed Improvement Value$307,961
Assessment Year2025

About this property

In the heart of the Texas Hill Country, this well maintained stone home is a smart buy with lasting upside! Built in 2008 and set on a generous 0.215 acre lot, it offers 3 bedrooms, 2 bathrooms, and 1,373 square feet of efficient, open living, plus a separate 194 square foot guest house with its own bath, a rare bonus. The main living area welcomes you with stained concrete flooring, a wood burning fireplace, and natural light throughout. The kitchen features stainless steel appliances, laminate countertops, and a large breakfast bar that keeps everyone connected, whether you are serving chili in the fall or sweet tea in the summer. The primary bedroom offers its own private entrance to the backyard, creating a rare indoor outdoor connection. Slip outside with your coffee as the Hill Country wakes up, or wind down under the evening sky without ever crossing the main living space. The ensuite bath features a walk in shower and bath tub combo, giving you room to spread out and start the day with ease. Secondary bedrooms are well sized and versatile, ready to serve as guest quarters, office space, or whatever this next season of life calls for. Out back, you have room to breathe. A large covered patio anchors the space, alongside a BBQ area, and a substantial metal storage shed and 194 sqft detached private office. Mature native landscaping keeps maintenance manageable and water wise. Located in LTISD with a low tax rate, near a neighborhood park and lake, and minutes from breweries, wineries, and distilleries along Fitzhugh Road, this home balances quiet living with easy access to local favorites. The Hill Country Galleria is an easy 20 minute drive, keeping shopping and dining within reach. Honest space, flexible options, and solid long term value, all with a little Texas backbone. Schedule your private showing as soon as possible and come see firsthand what makes this property such a strong opportunity.

Investor Tools

Property Icon
$430,000
Estimated Property Value
$154,000Estimated Mortgage Balance
$292,903Estimated Equity
64% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,580 /month
Positive
Cash Flow Estimate:
$860 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$519/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,083
$385,373
2025
$77,412
$307,961
$385,373
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,083
$385,373

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Broadway National Bank
Conventional
$154,000
No
First
Sep 17, 2020
Oct 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$137,097
$292,903
68%
32%
$924/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.

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

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10233 Twin Lake Loop | Property Details | No Agent List