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$456,340

NAL Estimated Property Value

115 Dripping Spring, Victoria, TX, 77904

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,128 Sq Ft
price_per_sqft$187.92 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Half 2Bathrooms Half 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesOther, Cooktop, Microwave
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size7,906 sqft

Building Information

Year Built2020
Stories1
Roof Type105
Garage Spaces2

Land Information

APN54006P10-024-00300
Lot Number3
SubdivisionTerra Vista Subd Ph X
Land UseResidential
Legal DescriptionTERRA VISTA SUBD PH X, BLOCK 24, LOT 3
Census Tract001504
Assessed Land Value$44,740
Assessed Improvement Value$411,600
Assessment Year2025

About this property

Charming Wimberley-Style Farmhouse! This beautiful four-bedroom, two-bathroom home features an open-concept, split-bedroom floor plan, perfect for family living and entertaining. The spacious living room flows seamlessly into the chef's kitchen, complete with a large island, upgraded appliances, custom cabinets, and elegant quartz countertops. The farmhouse-style sink adds a touch of character to the space. The primary suite is a true retreat, with stunning sliding barn doors leading to a luxurious en-suite featuring a large Euro-style walk-in shower, double vanity, and a generous walk-in closet. Step outside to enjoy the extended back patio with a charming Pergola, ideal for outdoor gatherings and relaxation. The oversized 2 car garage lets the homeowner utilize the 5 ft extension allowing for ample storage space and includes additional washer connection for added convenience. CAT 5 cable in Living room and all secondary bedrooms. Seller added electric hook-ups for a generator and french drains. Security system. This home combines timeless farmhouse charm with modern upgrades, creating the perfect place to call home.

Investor Tools

Property Icon
$456,340
Estimated Property Value
$291,897Estimated Mortgage Balance
$164,443Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,738 /month
Positive
Cash Flow Estimate:
$913 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$719/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,352
$456,340
2025
$44,740
$411,600
$456,340
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,352
$456,340

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$314,944
No
First
Jun 6, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$291,897
$164,443
36%
64%
$1,889/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,820/mo
$1,889/mo
$-69/mo
4.8%

City: Victoria