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$634,000

NAL Estimated Property Value

1220 Springlake Dr, Dripping Springs, TX, 78620

Off MarketInfo
LeaseInfo
Beds3 Beds
Baths2 Bath
Baths1,980 Sq Ft
price_per_sqft$1.16 / sqft
Year BuiltBuilt in 1984

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Cooktop, Dishwasher, Disposal, Dryer, Oven, Electric Range, Free-Standing Range, Refrigerator, Washer, Water Softener Owned
FlooringLaminate

Exterior

Exterior FeaturesPrivate Yard
Lot Size1.80 acres

Building Information

Year Built1984
Stories1
Roof Type112
Garage Spaces5

Land Information

APNR43272
Lot Number168B
SubdivisionSpringlake
Land UseResidential
Legal DescriptionSPRINGLAKE, LOT 168B, ACRES 1.80 AC TAX CODES:RSL,RSP,SDS
Census Tract010817
Assessed Land Value$294,390
Assessed Improvement Value$135,748
Assessment Year2025

About this property

One story home located on 2 beautiful acres in the Springlake neighborhood off of RR12 North. Includes 3 bed/2 bath, spacious open floor plan, detached garage/storage, fenced yard w/ chicken coop and garden beds for tenant use. Great opportunity to live in a private setting while still convenient to Dripping Springs and a short drive to Bee Cave/galleria. Refrigerator & W/D included.FEMA - Unknown

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$809/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,543
$430,138
2025
$294,390
$135,748
$430,138
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,543
$430,138

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Randolph Brooks Fcu
Conventional
$250,000
No
First
Nov 13, 2024
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$243,330
$414,670
63%
38%
$1,499/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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1220 Springlake Dr | Property Details | No Agent List