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$1,208,000

NAL Estimated Property Value

1080 Old Red Ranch Rd, Dripping Springs, TX, 78620

$1,570,400 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,938 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$272.29 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Off-Market ListARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRange, Refrigerator
FlooringCarpet, Tile, Vinyl

Exterior

Private PoolPrivate Pool
Lot Size5.48 acres

Building Information

Year Built1998
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR87029
Lot Number34
SubdivisionVista Grande
Land UseResidential
Legal DescriptionVISTA GRANDE, LOT 34, ACRES 5.48 TAX CODES:RSP,SJC
Census Tract010817
Assessed Land Value$371,560
Assessed Improvement Value$421,790
Assessment Year2025

About this property

This one of a kind Hill Top Haven has breath taking panoramic hill country views for miles. A custom 4 bed 3 bath is situated on 5.48 acres with covered RV parking and workshop. Its a true Hill Country Gem located only a short distance from downtown Dripping Springs and Johnson City. Find privacy, scenery and quiet in this Incredible rare find. Inside the home there is a charming stair curved staircase, formal dining room, large windows and tall ceilings. The kitchen area has a kitchen bar and eat-in area that overlooks the backyard. The primary master bedroom is located on the first floor as well as a secondary suite with attached bathroom. Upstairs find two more bedrooms with views and a media area. Great floor plan with a truly unique property in Dripping Springs!

Investor Tools

Property Icon
$1,208,000
Estimated Property Value
$498,753Estimated Mortgage Balance
$711,160Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$1,570,400
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,248 /month
Positive
Cash Flow Estimate:
$2,416 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$807/month
$60/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,649
$793,350
2025
$371,560
$421,790
$793,350
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,649
$793,350

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Conventional
$548,250
No
First
Jun 16, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$498,753
$656,247
56%
41%
$3,288/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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1080 Old Red Ranch Rd | Property Details | No Agent List