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$899,000

11201 West Cave Boulevard, Dripping Springs, TX, 78620

On MarketInfo
Just AddedInfo
Beds5 Beds
Baths4 Bath
Baths3,500 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$256.86 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Must-SellHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Double Oven, Vented Exhaust Fan, Water Softener
FlooringTile

Exterior

Exterior FeaturesRain Gutters, Lighting, Private Yard, Garden
Lot Size1.29 acres

Building Information

Year Built2004
Stories1
Roof Type105
Garage Spaces4

Land Information

APNR47230
Lot Number21
SubdivisionWest Cave Est Sec 1
Land UseResidential
Legal DescriptionWEST CAVE EST SEC 1 LOT 21 BLK A 1.289 AC GEO#90407748 TAX CODES:RSP,SDS
Census Tract010809
Assessed Land Value$260,940
Assessed Improvement Value$532,960
Assessment Year2025

About this property

Welcome to an exceptional Dripping Springs estate offering space, privacy, and refined Hill Country living on a beautifully wooded 1.25+ acre homesite shaded by towering heritage oaks. Thoughtfully designed for both everyday comfort and elegant entertaining, this expansive residence features 5 bedrooms, 3.5 baths, a dedicated office, bonus-game room, and a rare 4-car garage, providing versatility for multi-generational living, guests, or work-from-home flexibility. The well-appointed floorplan offers a highly desirable layout with the primary suite on the main level, along with two additional bedrooms and a full bath, private office, and powder room. Upstairs, you’ll find a spacious game room, full bath, and two oversized bedrooms, creating an ideal separation of living spaces while maintaining a warm and inviting flow throughout the home. Extensive improvements completed since 2023 enhance both function and outdoor enjoyment, including approximately 2,900 sq ft of premium turf, professional landscaping, garden areas, exterior paint, upgraded lighting and plumbing fixtures, backyard fencing, landscape lighting, gas range, and an outdoor grill. The park-like grounds offer a peaceful, private setting with gentle topography, mature native trees, and beautifully maintained outdoor spaces perfect for entertaining, relaxing, or enjoying the natural surroundings. The property is equipped with a private well, septic system, water softener, and owned propane tank, providing efficiency and independence rarely found this close to town. Ideally positioned between Dripping Springs and Bee Cave, this property offers quick access to shopping, dining, wineries, and outdoor recreation, all while being zoned to highly acclaimed Dripping Springs ISD. A rare opportunity to enjoy the best of Hill Country living with convenience, privacy, and room to grow. *New well pump as of 6-30-26.*

Investor Tools

$631,989Estimated Mortgage Balance
$259,011Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,394 /month
Positive
Cash Flow Estimate:
$1,798 /month

Interested in this property?

Jeff Coffman

Coffman Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,232/month
$180/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,323
$793,900
2025
$260,940
$532,960
$793,900
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,323
$793,900

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pinnacle Bank
Conventional
$652,400
No
First
Nov 5, 2024
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$631,989
$259,011
29%
71%
$3,912/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.

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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11201 West Cave Boulevard | Property Details | No Agent List