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$50,000

10704 Lake Park Dr, Dripping Springs, TX, 78620

$65,000 ARVInfo
On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,094 Sq Ft
Unimproved LandUnimproved Land
Year BuiltBuilt in 2023

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
HeatingHeating
CoolingCooling

Exterior

Lot Size5,824 sqft

Building Information

Year Built2023
Stories2

Land Information

APN01059701170000
Lot Number73
SubdivisionHighland Creek Lakes Sec 1
Land UseResidential
Legal DescriptionLOT 73 BLK G HIGHLAND CREEK LAKES SEC 1
Census Tract036600
Assessed Land Value$60,403
Assessment Year2025

About this property

This property offers more than just a beautiful homesite, it's a true head start on building your dream home. The seller has thoughtfully completed much of the groundwork, including a property survey, custom home plans, septic design, approved septic permit and deed restrictions. As an added bonus, the seller is including a prepaid two-year septic maintenance contract, providing added value and making the transition to building even easier. Located in highly acclaimed Lake Travis ISD, this lot has absolutely gorgeous views and is the perfect location in Dripping Springs and less than 30 miles to downtown Austin. This is a rare opportunity to secure a premium homesite with incredible views and much of the planning already in place. Reach out for more information!

Investor Tools

$0Estimated Mortgage Balance
$19,939Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$65,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$362 /month
Positive
Cash Flow Estimate:
$121 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$139/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,365
$60,403
2025
$60,403
N/A
$60,403
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,365
$60,403

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$60,403
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,626/mo
N/A
+$1,626/mo
32.3%

City: Dripping Springs