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$449,000

1174 Grant Wood Ave 118, Dripping Springs, TX, 78619

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,722 Sq Ft
price_per_sqft$260.74 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Energy Star Qualified Appliances, Gas Range, Microwave, Oven, Range Hood, Stainless Steel Appliances
FlooringCarpet, Wood

Exterior

Exterior FeaturesNo Exterior Steps, Private Yard

Building Information

Year Built2019
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR164478
Lot Number1
SubdivisionThe Gardens Of Howard Ranch
Land UseResidential
Legal DescriptionTHE GARDENS OF HOWARD RANCH, A RESIDENTIAL CONDOMINIUM, UNIT 118, 2.7027% COMMON AREA INTEREST TAX CODES:GHA,RSP,SDS
Census Tract010806
Assessed Land Value$90,570
Assessed Improvement Value$311,936
Assessment Year2025

About this property

**OWNER FINANCING at 5% Interest AND/OR LEASE TO PURCHASE OPTIONS AVAILABLE!** Nestled in The Gardens at Howard Ranch, this move in ready home combines modern convenience with low maintenance Hill Country living. A newly finished enclosed sunroom creates a bright and inviting extension of the living space, featuring four windows, an 8 foot glass door with Smart Lock, and a ceiling fan with remote control, offering the perfect spot to relax and enjoy the backyard. Designed with an energy efficient floor plan and soaring 10 foot ceilings, the home feels open, airy, and filled with natural light. The open concept layout seamlessly connects the living, dining, and kitchen areas, creating a functional space for everyday living and entertaining. Smart home features include a SimpliSafe security system, Smart Garage Door, Smart Thermostat, Smart Lock, and additional connected conveniences. Outside, the xeriscaped backyard provides an attractive, low maintenance outdoor space with reduced water needs and easy upkeep, ideal for a lock and leave lifestyle. Located in desirable Howard Ranch, residents enjoy a peaceful Hill Country setting just minutes from Dripping Springs wineries, restaurants, shopping, and highly acclaimed Dripping Springs ISD. With owner financing and lease to purchase options available for qualified buyers, this property offers a unique opportunity to enjoy the Dripping Springs lifestyle with added purchasing flexibility.

Investor Tools

$0Estimated Mortgage Balance
$514,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,084 /month
Positive
Cash Flow Estimate:
$1,028 /month

Interested in this property?

Jenny Cureton

Compass RE Texas, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$493/month
$200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,341
$402,506
2025
$90,570
$311,936
$402,506
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,341
$402,506

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$514,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$200/mo
+$1,950/mo
5.0%

City: Dripping Springs

1174 Grant Wood Ave 118 | Property Details | No Agent List