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$2,072,000

1250 E Creek Dr, Dripping Springs, TX, 78620

Off MarketInfo
Beds6 Beds
Baths5 Bath
Baths5,513 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$299.29 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms 5Bathrooms 5
Garage AvailableGarage Available

Exterior

Private PoolPrivate Pool
Lot Size11.96 acres

Building Information

Year Built1995
Garage Spaces888

Land Information

APNR33334
Lot Number33
SubdivisionKirby Springs Ranch Phase Ii
Land UseResidential
Legal DescriptionKIRBY SPRINGS RANCH PHASE II, LOT 33, ACRES 11.958 TAX CODES:RSP,SDS
Census Tract010806
Assessed Land Value$1,779,100
Assessed Improvement Value$1,114,480
Assessment Year2025

About this property

Bring your Horses! Spectacular one of a kind acreage property between Austin & Dripping Springs. Features 5 bedrooms, gourmet kitchen, 2 studies, game room, plus garage guest suite with private entry. Outdoor features include huge covered entertaining space with fireplace and outdoor kitchen, batting cage, workshop, resort style pool with waterfall, slide & spa. Top-notch equestrian facilities offer barn with four stalls, washroom, tack room & gym, plus a stone-walled riding arena, 4 paddocks & 2 corrals.Guest Accommodations: Yes Restrictions: Yes Sprinkler Sys:Yes

Investor Tools

Property Icon
$2,072,000
Estimated Property Value
$970,828Estimated Mortgage Balance
$1,197,331Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$12,432 /month
Positive
Cash Flow Estimate:
$4,144 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,472/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$19,304
$1,294,960
2025
$1,779,100
$1,114,480
$2,893,580
No

Tax History

Year
Tax Paid
Assessed Value
2024
$19,304
$1,294,960

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$970,828
No
First
Mar 18, 2021
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$876,382
$890,618
50%
42%
$5,821/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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