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$1,079,000

NAL Estimated Property Value

109 High Plains Dr, Dripping Springs, TX, 78620

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,550 Sq Ft
price_per_sqft$211.24 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesConvection Oven, Double Oven, Dishwasher, Gas Cooktop, Disposal, Gas Water Heater, Refrigerator, Stainless Steel Appliances, Wine Refrigerator
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size1.36 acres

Building Information

Year Built2002
Stories1
Roof Type112
Garage Spaces2

Land Information

APNR41376
Lot Number86
SubdivisionSaddletree Ranch Sec 3
Land UseResidential
Legal DescriptionSADDLETREE RANCH SEC 3, LOT 86, ACRES 1.363 TAX CODES:RSP,SDS
Census Tract010818
Assessed Land Value$274,250
Assessed Improvement Value$587,543
Assessment Year2025

About this property

Exceptional hill country home located in desirable Saddletree Ranch neighborhood. This beautifully landscaped property has a circle driveway with plenty of parking, attractive outbuildings, a self-watering garden & fully equipped outdoor kitchen. Inside you’ll find an ideal layout perfect for entertaining as well as daily life. Kitchen & m.bath have been remodeled & more gorgeous updates throughout as well tons of storage. Home runs on rainwater and also has a well (used for irrigation). Zoned for DISD.Guest Accommodations: Yes Restrictions: Yes Sprinkler Sys:Yes

Investor Tools

Property Icon
$1,079,000
Estimated Property Value
$394,463Estimated Mortgage Balance
$684,537Estimated Equity
59% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,474 /month
Positive
Cash Flow Estimate:
$2,158 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,548/month
$105/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,182
$861,793
2025
$274,250
$587,543
$861,793
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,182
$861,793

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Firstbank
Conventional
$444,000
No
First
Aug 18, 2020
Sep 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$394,463
$589,537
59%
37%
$2,663/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,416/mo
$2,768/mo
$-352/mo
2.7%

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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109 High Plains Dr | Property Details | No Agent List