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$826,210

10979 W Cave Blvd, Dripping Springs, TX, 78620

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,554 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$311.28 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Electric Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Instant Hot Water, Microwave, Self Cleaning Oven, Stainless Steel Appliance(s), Electric Water Heater, Water Softener Owned
FlooringCarpet, Concrete, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Private Yard
Lot Size1.61 acres

Building Information

Year Built1994
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR47333
Lot Number45
SubdivisionWest Cave Est Sec 2
Land UseResidential
Legal DescriptionWEST CAVE EST SEC 2, BLOCK A, LOT 45, ACRES 1.615 TAX CODES:RSP,SDS
Census Tract010809
Assessed Land Value$319,540
Assessed Improvement Value$506,670
Assessment Year2025

About this property

Welcome to the "Gateway of the Hill Country," Dripping Springs, TX! Home with views galore and a fabulous pool for the whole family: Newly remodeled home on 1.62 fenced acres with panoramic views in every direction. This home has it all with large living space and also 1000 square feet of decking that surrounds the in ground pool. A great outdoor setting for family fun or entertaining. This home is conveniently located for all of your shopping needs which are just minutes away. Entertainment venues abound including wineries, micro breweries, and distilleries. Plus plenty of hiking, nature, and swimming holes are nearby. The school district, Dripping Springs ISD, is highly rated. This property will not last long!

Investor Tools

Property Icon
$826,210
Estimated Property Value
$548,250Estimated Mortgage Balance
$223,313Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,957 /month
Positive
Cash Flow Estimate:
$1,652 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,339/month
$12/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,942
$826,210
2025
$319,540
$506,670
$826,210
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,942
$826,210

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Bank
Conventional
$548,250
No
First
Jul 15, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$602,897
$223,313
27%
73%
$3,982/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$3,994/mo
$-1,906/mo
3.0%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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10979 W Cave Blvd | Property Details | No Agent List