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$1,383,000

NAL Estimated Property Value

1285 Drifting Wind Run, Dripping Springs, TX, 78620

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths5,132 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$204.6 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesOven, Dishwasher, Disposal, Microwave, Double Oven
FlooringCarpet, Stone, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size2.23 acres

Building Information

Year Built2003
Stories1
Roof Type105
Garage Spaces4

Land Information

APNR104531
Lot Number2C
SubdivisionThe Preserve Phase Two
Land UseResidential
Legal DescriptionTHE PRESERVE PHASE TWO, BLOCK C, LOT 2C, ACRES 2.232 TAX CODES:RSP,SDS
Census Tract010806
Assessed Land Value$428,180
Assessed Improvement Value$724,481
Assessment Year2025

About this property

REO Sold as is! Large Oaks on 2.28 acre lot! Large pool/Spa! Guest pool house/ Office!Guest Accommodations: Yes Restrictions: Yes Sprinkler Sys:Yes

Investor Tools

Property Icon
$1,383,000
Estimated Property Value
$444,195Estimated Mortgage Balance
$940,563Estimated Equity
66% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,298 /month
Positive
Cash Flow Estimate:
$2,766 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,147/month
$600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$18,846
$1,152,661
2025
$428,180
$724,481
$1,152,661
No

Tax History

Year
Tax Paid
Assessed Value
2024
$18,846
$1,152,661

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cf Bank
Conventional
$494,000
No
First
Dec 16, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$444,195
$896,805
66%
32%
$2,962/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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1285 Drifting Wind Run | Property Details | No Agent List