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$546,000

NAL Estimated Property Value

1108 Myers Creek Rd, Dripping Springs, TX, 78620

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,464 Sq Ft
price_per_sqft$208.33 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

BankruptcyOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesFree-Standing Range, Water Softener Owned
FlooringCarpet, Concrete, Tile, Wood

Exterior

Exterior FeaturesPrivate Yard
Lot Size5.23 acres

Building Information

Stories1
Garage Spaces4

Land Information

APNR21000
Lot Number11A
SubdivisionBell Springs Ranches
Land UseResidential
Legal DescriptionBELL SPRINGS RANCHES, LOT 11A, ACRES 5.23 TAX CODES:RSP,SDS
Census Tract010818
Assessed Land Value$361,170
Assessed Improvement Value$407,710
Assessment Year2025

About this property

Well built home with 4 sides brick, lots of custom cabinets, doors, & woodwork features. Open kitchen to living rm, screened back porch used as office w/ window unit, organic garden, lrg pantry with concrete floors, oak floors in living room, ceramic tile in kitchen, Lrg detached workshop w/ separate office inside workshop + storage bldg, fabulous chicken coop, whole house fan, water softener system. Great views, lots of privacy on 5 acres.

Investor Tools

Property Icon
$546,000
Estimated Property Value
$391,624Estimated Mortgage Balance
$154,376Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,276 /month
Positive
Cash Flow Estimate:
$1,092 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$686/month
$100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,506
$466,258
2025
$361,170
$407,710
$768,880
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,506
$466,258

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$390,000
No
First
Aug 6, 2020
Sep 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$391,624
$119,376
23%
72%
$2,639/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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1108 Myers Creek Rd | Property Details | No Agent List